Answer:
Net proceeds to Ebay = $ 58,590,000.
Explanation:
An Initial Public Offering(IPO) refers to the sales of new block of shares to the general public by a company for the purpose of raising equity capital.
This exercise is always promoted by a third-party company referred to as an underwriter for a fee. The underwriter adds value to the capital raising share offering by contracting to buy up unsold share units should they be undersubscribed. The underwriting fee is a cost to the issuing company.
The net share capital due to the company is computed as follows
<em>Gross share proceeds - underwriting fee</em>
= (3,500,000 × $18.00) - (3,500,000× $1.26)
=$ 58,590,000.
Net proceeds to Ebay = $ 58,590,000.
The closing price of $44.88 is a distracter and should be ignored.
Answer:
b. Classical model of decision making
Explanation:
Classical model of decision making is the best method/model of decision making.
It hinges on four basic assumptions which include:
A clearly defined problem
Eliminated uncertainty
Access to full information
Rational behavior of the decision-maker.
All these parameters cover the basics that needs to be considered before any decision is taken.
Answer:
Insurance is defined as a contract, which is called a policy, in which an individual or organisation receives financial protection and reimbursement of damages from the insurer or the insurance company. it is some form of protection from any possible financial losses.
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So that your business has something a different business doesn't and customers will come to you.
Answer:
Answer is explained below and attachment.
Explanation:
