User Account

All Pages

What was the flotation cost as a percentage of funds raised

Assignment Help Finance Basics
Reference no: EM131733088

Question: Calculating Flotation Costs. The Wiley Oakley Co. has just gone public. Under a firm commitment agreement, Wiley received $31.75 for each of the 7.75 million shares sold. The initial offering price was $34 per share, and the stock rose to $43.85 per share in the first few minutes of trading. Wiley paid $1,350,000 in legal and other direct costs and $210,000 in indirect costs. What was the flotation cost as a percentage of funds raised?

Reference no: EM131733088

Questions Cloud

Mugs should be produced in order to maximize total profit : Formulate a linear programming model for this problem to determine how many bowls and how many mugs should be produced in order to maximize the total profit.
The minority communities addressing urban environmental : What measures would you take to raise awareness in the minority communities addressing urban environmental problems namely
How many shares need to be sold : Calculating Flotation Costs. The Elkmont Corporation needs to raise $52.5 million to finance its expansion into new markets.
Discuss good candidate for the cultivation of wind energy : Research factors affecting wind farm placement and determine if your state of residency is a good candidate for the cultivation of wind energy
What was the flotation cost as a percentage of funds raised : Calculating Flotation Costs. The Wiley Oakley Co. has just gone public. Under a firm commitment agreement, Wiley received $31.75 for each of the 7.75 million.
Hierarchical models in planning advertising : What is the problem with hierarchical models in planning advertising?
Discuss the feedback mechanisms built into our ecosystem : Why is this argument short-sighted of the feedback mechanisms built into our ecosystem
What is the name of the filing the company : IPO Filings. Go to www.ipomonitor.com and find the most recent IPO. Now go to the SEC website at www.sec.gov and look up the company's filings with the SEC.
Define solar technology changing the transportation industry : How is solar technology changing the transportation industry. Use the internet to find recent news reports about how solar power is incorporated

Reviews

Write a Review

Finance Basics Questions & Answers

  Who will be responsible for the different elements

Discuss your budget and timetable and provide a schedule for the implementation of the plan. Identify, by title, who will be responsible for the different elements of the marketing plan and why.

  Potential influence of organisation culture

Discuss the potential influence of an organisation's culture on the ability of organisations to obtain positive HRM outcomes in the area of employee motivation and engagement and consider how such outcomes may be potentially improved.

  Appropriate probability model for the phenomenon

Postulate an appropriate probability model for the phenomenon in question, treat the data set as three random samples of size n = 10 each, from the three different populations represented by each operator.

  Computation of estimated the average cost per unit for each

Computation of estimated the average cost per unit for each plant

  Evaluate the operational performance of the firm

1. Financial ratios are used to weigh and evaluate the operational performance of the firm. 2. A banker or trade creditor is most concerned about a firm's profitability ratios.

  Traditional homeowner coverages with insurance

Property Insurance Company is a new property insurer. The company is growing rapidly because of a new homeowners policy that combines traditional homeowner coverages with insurance that pays off the mortgage if the insured dies or becomes totally ..

  What report writer software is embedded

Now create a spreadsheet to do graphical what-if analysis for the "cash gap." Cash gap represents the number of days between when a company has to pay its suppliers and when it gets paid by its customers. Thus, Cash gap = Inventory days on hand + ..

  Assignment for international finance

Assignment for International finance In sum, you have to: choose a subject from your studies in international finance construct a question relevant to the subject

  Wat percentage of ownership in the company will the

assume a venture capitalist requires a 40 percent rate of return per year. if the venture capitalist thinks that a

  Depreciation accounting ethical-legitimate depreciation

Are your changes in depreciation accounting ethical or legitimate depreciation assumptions? What will be the effects on the Balance Sheet, Income Statement, and profit margins of your actions?

  Service sector using pricing decision

Service sector using pricing decision and compute endowment revenue on an accrual basis for the coming year

  What are the communication and reporting aspects of

1.what are the communication and reporting aspects of pollution prevention strategies amp techniques?2.the purpose

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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