Devine linens (dl) must raise $14,000,000 to support future growth. if it raises the funds by issuing stock, dl must pay an investment banker 5 percent of the total amount issued plus $250,000 in other costs associated with the issue. what is the amount of stock that dl must issue to net $14,000,000 after flotation costs?
a. $14,962,500b. $14,950,000c. $14,737,092d. $15,000,000e. $13,537,500
Answers: 1
Business, 22.06.2019 05:00, leonidas117
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Answers: 3
Business, 22.06.2019 06:00, Tayj91
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Business, 22.06.2019 10:00, emwemily
Frolic corporation has budgeted sales and production over the next quarter as follows. the company has 4100 units of product on hand at july 1. 10% of the next months sales in units should be on hand at the end of each month. october sales are expected to be 72000 units. budgeted sales for september would be: july august september sales in units 41,500 53,500 ? production in units 45,700 53,800 58,150
Answers: 3
Devine linens (dl) must raise $14,000,000 to support future growth. if it raises the funds by issuin...
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