Someone founds a company and goes through the investment rounds shown below: Round Source Price Number of Shares Class A Self $0.50 375,000 Class B Angel $1.00 400,000 Class C Venture Capital $1.50 250,000 Class D Venture Capital $2.25 400,000 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 14.0.What will be the price of IPO?

If you rub a balloon on a piece of fabric or carpeting and then hold it against your head, your hair can stand on end. use what you have learned in this lesson to explain why this happens.

Because they are located downstream from turkey on the tigris and euphrates rivers, these two nations are anticipating a reduction in water supply, as a result of 22 dams being built by the southeastern anatolia project. the two nations are a) iraq and iran. b) iraq and syria. c) iran and syria. d) saudi arabia and yemen.

An employee of the state government always received his state paycheck on the last workday of the month. the employee was not a good money manager, and just barely managed to make it from paycheck to paycheck each month. on the second to the last workday of the month, the employee had $45 in his checking account, and, needing to buy a birthday gift for his sister, he wrote a check to a gift boutique for $100. he knew that he would be receiving his paycheck the next day, so he could deposit the paycheck before the check would be sent to the bank.however, unbeknownst to the employee, the state legislature was having a budget impasse. because the state constitution prohibited any deficit spending, state employees were not paid as usual. without a paycheck to deposit, the check written to the gift boutique was returned for insufficient funds. the merchant complained to the police, who arrested the employee and charged him under a statute that prohibited "issuing a check knowing that it is drawn against insufficient funds, with intent to defraud the payee of the check."what should be the outcome of the employee's prosecution? a not guilty, because the employee intended to deposit his paycheck the next day.b not guilty, because it was reasonable for the employee to expect that he would receive his paycheck as usual.c guilty, because the employee knew when he wrote the check that he did not have sufficient funds in his account to honor it.d guilty, because reliance on a future source of income does not vitiate the employee's violation of the statute when he wrote the check.