How much cash did wing corporation receive from its ipo

Reference no: EM13264828

Wing Corporation offers 35,000 shares of common stock to the public in an initial public offering (IPO). The underwriters agree to provide their services in a best efforts underwriting. The offering price is set at $34.65. The gross spread is $4. After completing their sales efforts the underwriters determine that they were able to sell a total of 33,750 shares. How much cash did Wing Corporation receive from its IPO?

Reference no: EM13264828

Questions Cloud

Describe its strategy and basis of its competitive advantage : Four each of the four retailers discussed at the beginning of the chapter (Chipotle Mexican Grill, Lululemon, Chico'c, and Save-A-Lot), describe its strategy and the basis of its competitive advantage

Describe the four components of in the profit margin path : Name and describe the four components of in the profit margin path, one of the two different approaches to achieving a high Return on Assets (ROA). Show the ratio and explain how this path/ratio measures ROA.

What percent of his total kinetic energy is rotational : We can roughly model a gymnastic tumbler as a uniform solid cylinder of mass 72.0kg and diameter 1.20m. What percent of his total kinetic energy is rotational

Explain the total pressure of the atmosphere plus : The buret continues to drain, slowing gradually until coming to a complete stop, as depicted on the right side. At that moment, the total pressure of the gases inside the flask just equals the total pressure of the atmosphere plus the additional p..

How much cash did wing corporation receive from its ipo : The gross spread is $4. After completing their sales efforts the underwriters determine that they were able to sell a total of 33,750 shares. How much cash did Wing Corporation receive from its IPO?

How much would you expect to pay to purchase : What is the present value of $3,000, discounted at 8 percent interest per period, for two periods and on an investment of $2,000, you'll earn 10 percent interest per year compounded semiannually. What is the future value of this investment after ..

What force in piconewtons does the light exert on polarizer : A polarized light beam, with a 7.33-mm-diameter circular cross section, is perpendicularly incident on an ideal polarizer, What force in piconewtons does the light exert on the polarizer

Potassium chlorate when heated in the presence of a catalyst : Potassium chlorate, when heated in the presence of a catalyst, MnO2, generates oxygen gas and potassium chloride solid residue. If the oxygen generated by completely heating 5.00 g of potassium chlorate is trapped in a container over water, where ..

Compute the induced emf in the wire loop : A magnetic field is directed at a 40.0 angle to a plane circular loop of wire with a radius of 26.8 cm. a) Draw a diagram showing the wire loop, compute the induced emf in the wire loop

User Account

All Pages