Business, 29.07.2020 21:01 ashiteru123
He decides to take the company public through an IPO, issuing 2 million new shares. Assuming that he successfully completes the IPO, the net income for the next year is estimated to be $9 million. His banker informs him that the price of shares should be set using average price-earnings ratios for similar businesses, which is 14. What will be the IPO price per share?
Answers: 2
Another question on Business
Business, 20.06.2019 18:04
On january 1, year 1, canseco plumbing fixtures purchased equipment for $52,000. residual value at the end of an estimated four-year service life is expected to be $4,000. the company uses the straight-line method. for how much would each item below be reported at the end of year 3
Answers: 1
Business, 23.06.2019 02:10
Goldman services hired a new clerk to keep custody of and maintain all the equipment in the equipment yard. the clerk has not yet been adequately trained on the maintenance needs of the equipment. which internal control procedure needs strengthening?
Answers: 2
Business, 23.06.2019 10:30
Usually, government officials make the decisions on the best ways to spend public money true or false
Answers: 1
Business, 23.06.2019 11:00
Which of the following can an interviewer legally ask you about at a job interview? a. your marital status b. whether or not you have medical conditions c. whether or not you’ve been convicted of a crime d. your age
Answers: 1
You know the right answer?
He decides to take the company public through an IPO, issuing 2 million new shares. Assuming that he...
Questions
Mathematics, 05.01.2020 00:31
Mathematics, 05.01.2020 00:31
English, 05.01.2020 00:31
Mathematics, 05.01.2020 00:31
Mathematics, 05.01.2020 00:31
Social Studies, 05.01.2020 00:31
English, 05.01.2020 00:31
Mathematics, 05.01.2020 00:31
History, 05.01.2020 00:31
Physics, 05.01.2020 00:31
