subject
Business, 13.11.2019 19:31 moomoofower

The presley corporation is about to go public. it currently has aftertax earnings of $6,500,000, and 3,000,000 shares are owned by the present stockholders (the presley family). the new public issue will represent 700,000 new shares. the new shares will be priced to the public at $20 per share, with a 5 percent spread on the offering price. there will also be $300,000 in out-of-pocket costs to the corporation. a. compute the net proceeds to the presley corporation. (do not round intermediate calculations and round your answer to the nearest whole dollar.) net proceeds b. compute the earnings per share immediately before the stock issue. (do not round intermediate calculations and round your answer to 2 decimal places.) earnings per share c. compute the earnings per share immediately after the stock issue. (do not round intermediate calculations and round your answer to 2 decimal places.) earnings per share

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 05:00
Which of the following are considered needs? check all that apply
Answers: 1
question
Business, 22.06.2019 20:30
This problem has been solved! see the answercompute and interpret altman's z-scoresfollowing is selected financial information for ebay, for its fiscal years 2005 and 2006.(in millions, except per share data) 2006 2005current assets $ 4,970.59 $ 3,183.24current liabilities 2,518.39 1,484.93total assets 13,494.01 11,788.99total liabilities 2,589.38 1,741.00shares outstanding 1,368.51 1,404.18retained earnings 4,538.35 2,819.64stock price per share 30.07 43.22sales 5,969.74 4,552.40earnings before interest and taxes 1,439.77 1,445.18compute and interpret altman z-scores for the company for both years. (do not round until your final answer; then round your answers to two decimal places.)2006 z-score = answer2005 z-score = answerwhich of the following best describes the company's likelihood to go bankrupt given the z-score in 2006 compared to 2007.the z-score in 2006 is half of the 2005 score. both z-scores are well above the score that represents a healthy company.the z-score in 2006 is double the 2005 score. the z-score has increased sharply, which suggests the company has greatly increased the risk of bankruptcy.the z-score in 2006 is half of the 2005 score. the z-score has decreased sharply, which suggests the company is in financial distress.the z-score in 2006 is double the 2005 score. the z-score has increased sharply, which suggests the company has greatly lowered the risk of bankruptcy.
Answers: 3
question
Business, 23.06.2019 03:20
You would like to compare your firm's cost structure to that of your competitors. however, your competitors are much larger in size than your firm. which one of these would best enable you to compare costs across your industry? common-size income statement. pro forma balance sheet. statement of cash flows. common-size balance sheet
Answers: 3
question
Business, 23.06.2019 06:00
If a society decides to produce consumer goods from its available resources, it is answering the economic question
Answers: 1
You know the right answer?
The presley corporation is about to go public. it currently has aftertax earnings of $6,500,000, and...
Questions
Questions on the website: 13722367