Dixon Corporation Is Considering a Public Offering of Common Stock

question 73

Essay

Dixon Corporation is considering a public offering of common stock.The firm will offer one million shares of common stock for sale.The estimated selling price is $30 per share with Dixon Corp.receiving $26.25 per share after the offering.Registration fees are estimated at $275,000.
A)What is the spread in dollars? In percent?
B)What are the total expenses of the issue?
C)If Dixon Corp.needs to generate $28 million,how many shares will have to be sold?

• A)What is the spread in dollars? In percent?
• B)What are the total expenses of the issue?
• C)If Dixon Corp.needs to generate $28 million,how many shares will have to be sold?

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Definitions:

Procedural Justice

A judgment that fair methods were used to determine the consequences an employee receives.

Interactional Justice

A judgment that the organization carried out its actions in a way that took the employee's feelings into account.

Job Withdrawal

A set of behaviors with which employees try to avoid the work situation physically, mentally, or emotionally.

Job Satisfaction

The degree to which employees feel content with their job roles, responsibilities, and work environment, influencing their motivation and performance.