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zepelin [54]
3 years ago
9

15.2 Calculating Flotation Costs: The Wiley Oakley Co. has just gone public. Under a firm commitment agreement, Wiley received $

21.39 for each of the 7.75 million shares sold. The initial offering price was $23 per share, and the stock rose to $26.30 per share in the first few minutes of trading. Wiley paid $1,350,000 in legal and other direct costs and $210,000 in indirect costs. What was the flotation cost as a percentage of funds raised
Business
1 answer:
Marina CMI [18]3 years ago
4 0

Answer:

23.16%

Explanation:

net amount of money received by Wliey Oakley = 7,750,000 stocks x $21.39 per stock = $165,772,500

total flotation costs including direct and indirect costs = [($26.30 - $21.39) x 7,500,000] + $1,350,000 + $210,000 = $38,385,000

flotation costs as a percentage of funds raised = $38,385,000 / $165,772,500 = 0.2316 = 23.16%

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True or false?
yaroslaw [1]

Answer:

A. True

B. False

C. False

D. True

Explanation:

A.<em> Brands do a great job creating the meaning associated with a symbol or tagline</em>. True.

Just like humans have names and personalities, so do brands. The symbols of brands are just like human names. The personality of the brand goes a long way in determining the meaning people attribute to that symbol

<em>B. What a brand represents is very consistent across everybody.</em> False.

Just as societies have different cultures, so do the meanings they attribute to a brand differ. For example,some cultures feel the color red is associated with ill luck. This will affect how they see such brands which have the red color.

<em>C. A brand's meaning is controlled by the brand. </em> False.

On a holistic note, a brand can control only a certain aspect of its meaning. the other aspect is left to individualism and culture.

<em> D. A brand's meaning is up to potential and actual customers.</em> True.

This is because the customers and kings and they have their personal views  about life. This view often affects how they see brands.

8 0
3 years ago
Evaluate the service delivery models. Select the options that, in your opinion, are most efficient together regardless of indust
Allisa [31]

Answer: Service delivery Model taken as a case study of Bank of Central Bank of Nigeria and SMEs in Nigeria(Famers)

Explanation: Service delivery models (SDMs) are supply chain structures which provide services such as training, access to inputs and financing to farmers to increase their performance and sustainability. The image below shows the roles of different entities in an SDM, although this can differ between the cases. The provider of the services is often the same entity that also sources crops from the farmer.  

Modern agribusiness in developed economies is characterized by professional service delivery to the farmer supply base. In developing and emerging economies, this is a different picture; the market is less robust and public structures for service delivery are often non-existing or not well functioning. In this context, processors, traders and other originators of agri-commodities have started to develop services for their supplying farmers. This extension of company operations beyond the immediate core business is relatively recent and therefore still in search of best practice and cost-effectiveness. Many service models are not sustainable yet, as smallholder farmers are still left without access to the services they need. Approach

The focus of our analysis has been on the return on investment at three different levels of service delivery: the (value chain) investor, the service provider and the farmer. These three levels have been chosen because a sustainable model requires that all three main actors of the model receive a return on their investment. At each level, the costs and benefits of using and offering services were collected to calculate the return on investment.  

Different scenario’s were designed to gain insight into the key drivers for costs and benefits for farmers and service providers. To be able to benchmark different cases, a period of 8 years for each case was used, although some of the cases were operating for a shorter or longer time period. The analysis did not calculate the social return (e.g. community benefits) or environmental return (e.g. soil quality improvements or water usage reductions) because there is little quantitative data to support such analysis. Also, as most of the service providers are working with sustainability standards that are geared towards measuring social and environmental impact, we expect that certain social and environmental criteria are already being addressed.

5 0
4 years ago
Which research method allows in-depth feedback and firsthand interaction, but only measures how easy it is to use a product
Otrada [13]

The research method allows for in-depth feedback and first-hand interaction, but only measures how easy it is to use a product, is the usability study.

<h3 /><h3>What is the Usability Study?</h3>

Corresponds to a research practice used by companies to test the use of a product before its official launch, making it available to a small number of users to test its features, benefits and improvement needs.

Therefore, the usability study helps a company to achieve its real goals, improving some features and improving it until its market launch.

Find out more about usability study here:

brainly.com/question/26180564

#SPJ1

5 0
2 years ago
Under what circumstances, when a searching operation is needed, would sequential search not be appropriate?
rusak2 [61]

Answer:

Variable length and Fixed Length

Explanation:

When data base has a fixed length, then sequential search will not be appropriate. However, when database has a variable length then sequential search becomes appropriate

5 0
3 years ago
Which statement is TRUE about insurance coverage on customer brokerage accounts maintained at banks registered solely as municip
Norma-Jean [14]

Answer: D. No insurance protection is offered on customer municipal accounts maintained at bank broker-dealers

Explanation:

Broker-Dealer are required to register their customers for insurance under the Securities Investor Protection Corporation (SIPC).

Broker-Dealers who however handle only tax-exempt securities such as municipal bonds are not required to be registered under the SIPC.

As this bank handles only municipal securities, they is not required to be registered under the SIPC which means that no insurance protection is offered on customer municipal accounts maintained by them.

5 0
4 years ago
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