Indigo Inc. is going public and issuing 150,000 shares of common stock. The capital raised in the IPO will fund the company’s proposed expansion. A Dutch auction is used to allocate shares in the Indigo IPO. The following table shows the number of shares requested by potential investors in each row. Bids
Number of Shares Requested
Price per Share
Bidder # 1 50,000 $63
Bidder # 2 100,000 61
Bidder # 3 150,000 59
Bidder # 4 200,000 57
Bidder # 5 250,000 55
Bidder # 6 300,000 53
What should be the firm’s IPO offer price?

Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false

Atrough in the business cycle occurs when

The following items could appear on a bank reconciliation: a. outstanding checks, $670. b. deposits in transit, $1,500. c. nsf check from customer, no. 548, for $175. d. bank collection of note receivable of $800, and interest of $80. e. interest earned on bank balance, $20. f. service charge, $10. g. the business credited cash for $200. the correct amount was $2,000. h. the bank incorrectly decreased the business's by $350 for a check written by another business. classify each item as (1) an addition to the book balance, (2) a subtraction from the book balance, (3) an addition to the bank balance, or (4) a subtraction from the bank balance.