How many shares of stock must wear ever sell, Accounting Basics

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How many shares of stock must wear ever sell

Wear ever is expanding and needs 12.6 million to help fund this growth. the firm estimates it can sell new shares of stock for $32.50 a share. it also estimates it will cost an additional $340,000 for filing and legal fees related to the stock issue. the underwriters have agreed to a 7.5 percent spread. how many shares of stock must wear ever sell if it is going to have $12.6 million available for its expansion needs.

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Q : How many shares of stock must wear ever sell

it also estimates it will cost an additional $340,000 for filing and legal fees related to the stock issue. the underwriters have agreed to a 7.5 percent spread. how many shares of stock must wear ever sell if it is going to have $12.6 million ava

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Accounting Basics: How many shares of stock must wear ever sell

Reference No:- TGS083870

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Recent Questions Asked Accounting Basics

Q : Determining the depreciation problem

Q : Integrity-objectivity and ethics in business section

Q : Compare oceans ratios to the industry ratios

Q : What impact would you expect south africa decision to levy

Q : How many shares of stock must wear ever sell

Q : What is the effective annual rate

Q : What amount of interest revenue problem

Q : What assumptions or approximations are necessary to treat

Q : What is the lease liability that stockton should report

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: How many shares of stock must wear ever sell

Reference No:- TGS083870

Recent Questions Asked Accounting Basics

Q : Determining the depreciation problem

Q : Integrity-objectivity and ethics in business section

Q : Compare oceans ratios to the industry ratios

Q : What impact would you expect south africa decision to levy

Q : How many shares of stock must wear ever sell

Q : What is the effective annual rate

Q : What amount of interest revenue problem

Q : What assumptions or approximations are necessary to treat

Q : What is the lease liability that stockton should report

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