Corporate managers who fail to give due consideration to the rights of employees and other concerned groups in the pursuit of pr
1 answer:
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We have originally sent 3571 emails.
<u>Solution:</u>
Let x be the number of emails originally sent.
We know that,
Therefore,
On solving for x , divide by 0.07 both sides
Therefore, number of mails sent 3571.
Answer:
2,557,065 shares
Explanation:
Offer price = $30 per share
Underwriters Charge : 8%
If the company's underwriters sells new shares at the $30 per share issue price, Whistling straits corporation will receive:
offer price x (1 - underwriters charge)
= $30 × (1 - 0.08) = $27.60
The number of shares that needs to be sold will be:
= 2,557,065.217
≈ 2,557,065
Therefore number of shares to be issued will be = 2557065 shares