Business
Business, 22.10.2019 19:30, alexisbarry2398

The presley corporation is about to go public. it currently has aftertax earnings of $7,600,000, and 2,100,000 shares are owned by the present stockholders (the presley family). the new public issue will represent 600,000 new shares. the new shares will be priced to the public at $20 per share, with a 6 percent spread on the offering price. there will also be $280,000 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.) b. compute the earnings per share immediately before the stock issue. (do not round intermediate calculations and round your answer to 2 decimal places.) c. compute the earnings per share immediately after the stock issue. (do not round intermediate calculations and round your answer to 2 decimal places.) d. determine what rate of return must be earned on the net proceeds to the corporation so there will not be a dilution in earnings per share during the year of going public. (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.) e. determine what rate of return must be earned on the proceeds to the corporation so there will be a 5 percent increase in earnings per share during the year of going public. (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.) next visit question mapquestion 6 of 25 total 6

answer
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 19:40, saggirl1209
Which of the following actions is most likely to result in a decrease in the money supply? a. the required reserve ratio for banks is decreased. b. the discount rate on overnight loans is lowered. c. the federal reserve bank buys treasury bonds. d. the government sells a new batch of treasury bonds. 2b2t
Answers: 1
image
Business, 22.06.2019 01:00, lin550
Throne technical university is looking for three people to work in its plant-biology laboratory. the hiring manager is finding that the most suitable job candidates live in other countries and are not willing to move to the city where the university is located. which situation is the university facing? a. lack of flexible workforce b. surpluses in labor talent c. an appearance of quota systems d. deficits in minimum wage demands
Answers: 1
image
Business, 22.06.2019 05:00, tipbri6380
The new york stock exchange is an example of what type of stock market?
Answers: 1
image
Business, 22.06.2019 12:00, bbyniah123
Select the correct answer. martha is a healer, a healthcare provider, and an experienced nurse. she wants to share her daily experiences, as well as her 12 years of work knowledge, with people who may be interested in health and healing. which mode of internet communication can martha use? a. wiki b. email c. message board d. chat e. blog
Answers: 2
Do you know the correct answer?
The presley corporation is about to go public. it currently has aftertax earnings of $7,600,000, and...

Questions in other subjects:

Konu
Mathematics, 16.04.2021 01:30
Konu
Advanced Placement (AP), 16.04.2021 01:30
Konu
Mathematics, 16.04.2021 01:30
Konu
Social Studies, 16.04.2021 01:30