Highlander Homes stock trades at $35 per share and there are 50 million shares outstanding. The management would like to raise $300 million in an SEO
If the underwriter charges 5% of gross proceeds, and all the shares are primary shares sold to new investors, what percentage of the company will be owned by the new investors?
A) 12.99%
B) 13.76%
C) 14.52%
D) 15.29%
Answer: D
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With a(n) _____, a user controls the cursor by moving his or her finger along a touch-sensitive pad.
Fill in the blank(s) with the appropriate word(s).
An implied warranty of habitability:
A. guarantees that a house is free of hidden defects that would render it unsafe for human habitation. B. is limited to the first buyer and does not extend to subsequent purchasers of a property. C. when breached, subjects the defendant to liability measured only by the cost of repairs. D. applies to any ordinary seller of a house, and not just builders, builder-vendors, and developers.
Because the sales force is under the supervision of the sales manager, salesperson evaluations are typically based on sales criteria, like sales volume.
Answer the following statement true (T) or false (F)
The payment to general unsecured creditors is often termed:
A. a "write-off." B. a "bonus." C. a "dividend." D. a "preference payment."