subject
Business, 20.07.2020 01:01 roman2328

DRK, Inc., has just sold 100,000 shares in an initial public offering. The underwriter’s explicit fees were $54,000. The offering price for the shares was $38, but immediately upon issue, the share price jumped to $40. a. What is your best guess as to the total cost to DRK of the equity issue?b. Is the entire cost of the underwriting a source of profit to the underwriters?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:30
1. gar principles or "the principles"are intended to do what? a. foster an awareness of the hierarchical structure of the organization b. explain the best method of implementing biometric security techniques c. foster an awareness of the importance of good employee training d. foster an awareness of getting upper level management on board in understanding the need to implement an ig program e. foster an awareness of good record keeping principles
Answers: 1
question
Business, 21.06.2019 21:40
Tandard product costs deerfield company manufactures product m in its factory. production of m requires 2 pounds of material p, costing $4 per pound and 0.5 hour of direct labor costing, $10 per hour. the variable overhead rate is $8 per direct labor hour, and the fixed overhead rate is $12 per direct labor hour. what is the standard product cost for product m? direct material answer direct labor answer variable overhead answer fixed overhead answer standard product cost per unit answer
Answers: 1
question
Business, 22.06.2019 04:10
You are head of the schwartz family endowment for the arts. you have decided to fund an arts school in the san francisco bay area in perpetuity. every 5 years, you will give the school $ 1 comma 000 comma 000. the first payment will occur 5 years from today. if the interest rate is 5.9 % per year, what is the present value of your gift?
Answers: 1
question
Business, 22.06.2019 11:30
Amano s preguntes cationing to come fonds and consumer good 8. why did the u.s. government use rationing for some foods and consumer goods during world war ii?
Answers: 1
You know the right answer?
DRK, Inc., has just sold 100,000 shares in an initial public offering. The underwriter’s explicit fe...
Questions
question
Mathematics, 13.11.2020 20:40
question
Mathematics, 13.11.2020 20:40
question
Mathematics, 13.11.2020 20:40
question
Mathematics, 13.11.2020 20:40
question
Mathematics, 13.11.2020 20:40
Questions on the website: 13722367