What is the dollar size of the issue

Reference no: EM13744785

Butler Inc. needs to raise $14 million. Assuming that the market price of the firm's stock is $95, and flotation costs are 10 percent of the market price, how many shares would have to be issued? What is the dollar size of the issue?

Reference no: EM13744785

Questions Cloud

Determining the legal structure for a business : summary that should focus on the rationale used in determining the legal structure for a business. Be prepared to discuss in class.

Discuss own personal characteristics and how they relate : 1. Discuss your own personal characteristics and how they relate to the key traits and characteristics of an entrepreneur that you read about in the Background readings. Overall, do you think your own characteristics match the "textbook" definition o..

Audits of financial statements and compliance audits : Identify what the differences and similarities are, in audits of financial statements, compliance audits, and operational audits.

Determine variable overhead costs and fixed overhead costs : How do managers decide on what basis to determine variable overhead costs and fixed overhead costs? What Activity Based Costing (ABC) is? Describe what a flexible budget is0

What is the dollar size of the issue : Butler Inc. needs to raise $14 million. Assuming that the market price of the firm's stock is $95, and flotation costs are 10 percent of the market price, how many shares would have to be issued? What is the dollar size of the issue?

Discuss the differences between rigid and nonrigid container : Discuss the differences between rigid and nonrigid containers. Discussing the importance of load securing in unitization. This is for my Transportation economics class

How similar was decision-making process : Identify a time in your life when you had to make a personal or professional decision such as buying a home, changing jobs, enrolling in school, or relocating to another state or region.

What is the projects discounted payback : Masulis Inc is considering a project that has the following cash flow and WACC data. What is the projects discounted payback?

Describe challenges that a healthcare manager encounter : What risks or challenges might a healthcare manager encounter if they have not mastered these objectives? Explain

User Account

All Pages