Title: The founders and owners of a private company have funded it through the following rounds of ... Post by: temp321 on Jul 7, 2019 The founders and owners of a private company have funded it through the following rounds of investment:
The owners decide to take the company public through an IPO, issuing 1 million new shares. Assuming that they successfully complete the IPO, the net income for the next year is estimated to be $5 million. The price of shares is set using average price-earnings ratios for similar businesses of 17.0. What will be the IPO price per share? ▸ $36 ▸ $45 ▸ $12 ▸ $22 Title: The founders and owners of a private company have funded it through the following rounds of ... Post by: wasan on Jul 7, 2019 Content hidden
Title: The founders and owners of a private company have funded it through the following rounds of ... Post by: temp321 on Jul 7, 2019 Helps a lot... Now I'm ready for my quiz
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