Answer:
$8.23 per share
Explanation:
Total funds received by Turbo = (3.03 million shares x $ 7.65 per share) - $230,000
= $23,179,500 - $230,000 = $22,949,500
Gross Proceeds = Net Proceeds + Underwriter's Spread
Gross Proceeds = (Gross Proceeds * 0.07) + $7.65 per share
(Gross Proceeds – 0.07 Gross Proceeds) = $7.65 per share
Factorize gross proceeds mathematically to get
Gross Proceeds (1-0.07) = $7.65 per share
Gross Proceeds (0.93) = $7.65 per share
Gross Proceeds = 
Gross Proceeds = $8.23 per share
Entrepreneurship is the act of starting own business, this includes risk, most of the times financial loans are obtained from banks and secured against assets of the business.
<h3 /><h3>What is Small Business?</h3>
A small business is the business which is small in nature, mostly this includes sole traders, the capital is injected by the owner there is no or lower long term liabilities, fewer employees and lower revenue.
Small businesses should be encouraged as these businesses provide profits to individuals which will also contribute to the economy, and these small businesses will provide employment opportunities to young individuals. They fail because of high risk.
Learn more about Small Business at brainly.com/question/27367881
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Answer: 160
Explanation:
The number of post it notes that the manager will order from their supplier will be the difference between the restocking level and the inventory at the time of review. This will be:
= Restocking level - Inventory at the time of review
= 300 - 140
= 160
Therefore, the order quantity is 160.
Answer:
IRR= 23.375%
Explanation:
Given: Cash flow= $1,200,000
Initial investment= $2400000
Lets first compute IRR for Project, assuming rate of return at 23.375% or 0.233.
Formula:
NPV has to be equal to zero to know if IRR is correct to find if project worth enough to invest.
⇒
⇒
⇒
∴ NPV= 0
Hence, 23.375% is the IRR for the project.
Answer: The correct answers are:
- How and where is the apparel manufactured?
- What is the purpose of my message?
- How does the apparel’s durability compare to that of competitors’ products?
Explanation: For an effective sales message it is essential to use persuasion to get the message to the minds of potential customers, so these are some of the questions that should be asked before writing a sales message.