A monopolistically competitive market has characteristics that are similar to:a. a monopoly only.b. a competitive firm only.c. b
1 answer:
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Answer: 179,811 shares
Explanation:
Given that,
Price of each share = $43
Amount needed for expansion = $6.8 million
Cost incurred for filing and legal fees = $352000
Underwriters have agreed to a spread of 7.5 percent
Now,
Net price after the underwriter spread = $43 × ( 1 - 7.5%)
= $39.775
Total capital needed = Fund needed for growth + Legal and filing fees
= $6,800,000 + $352,000
= $7,152,000
Number of shares sold =
= 179,811 shares
Answer:
Answer for the question
Some observers had argued that Uber’s greatest problem was not any of its scandals, but its CEO Travis Kalanick. Now that Kalanick no longer serves that role, how much better off is Uber really? Where do you come down? Do you think Kalanick’s reduced profile will turn the tide for Uber? Or is Kalanick’s drive and competitiveness necessary to Uber’s continued success, regardless of the title he holds? If you were on the board, what would you recommend? And why?
Is given in the attachment.
Explanation:
