Calculate gross proceeds per share

Assignment Help Financial Management
Reference no: EM131583898

Zimba Technology Corp. recently went public with an initial public offering of 1.6 million shares of stock. The underwriter used a firm commitment offering in which the net proceeds were $9.66 per share and the underwriter’s spread was 8 percent of the gross proceeds. Zimba also paid legal and other administrative costs of $261,000 for the IPO.

Calculate the gross proceeds per share____

Calculate the total funds received by Zimba from the sale of the 1.6 million shares of stock._____

Reference no: EM131583898

Questions Cloud

What is the value of this bond today-what is yield-to-call : What is the value of this bond today? Should you purchase this bond? Why or why not?
Boundary issues and dual relationships : How would you determine if a boundary-crossing or dual relationship is ethical and appropriate? What criteria would you consider when making your decision?
Explain how custodial and noncustodial interrogations : 1. Explain how custodial and noncustodial interrogations differ with regards to Miranda rights. 2. Explain a police officer's "right of arrest".
Calculate current ratio and quick ratio for both companies : Complete the following: Calculate the current ratio and quick ratio and Calculate the times-interest-earned ratio and debt-to-equity ratio for both companies
Calculate gross proceeds per share : Calculate the total funds received by Zimba from the sale of the 1.6 million shares of stock. Calculate the gross proceeds per share.
What has happened with each indicator : We all hear a lot in the news (and in our environmental scanning articles) about what the economy is currently doing-some say its improving while others say.
Two most valuable research tools : What might be considered the two most valuable research tools? Justify the reason for your decision.
What factors influence people to follow : To what extent is your everyday behavior shaped by social influence?How do people react when you do not conform/obey?
Discussions question-case study operational problem : This case study continues the exploration of research application regarding management issues and decision-making.

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd