TV Technology Corp

question 46

Multiple Choice

TV Technology Corp. recently went public with an initial public offering of 1.5 million shares of stock. The underwriter used a firm commitment offering in which the net proceeds was $24.50 per share and the underwriter's spread was 5 percent of the gross proceeds. TV Technology also paid legal and other administrative costs of $300,000 for the IPO. Calculate the gross proceeds per share received by TV Technology from the sale of the 1.5 million shares of stock.

• A) $24.50
• B) $24.70
• C) $25.79
• D) $26.00

Differentiate between problem and purpose statements in business reports.

Comprehend the factors involved in defining problems in business reports.

Analyze the dynamics of collaborative writing projects, including leadership and communication methods.

Understand the importance and execution of verb tense in describing current and past job responsibilities on a résumé.

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Definitions:

Marketing Resources

Assets such as knowledge, tools, and skills used by organizations to develop, implement, and evaluate marketing strategies.

Product Lines

Groups of related products marketed by a company, each serving a similar function or market.

SWOT Analysis

A strategic planning tool that assesses Strengths, Weaknesses, Opportunities, and Threats related to a business or project.

Planning Phase

The initial stage in a project or strategic plan where goals are defined, and courses of action are developed.