Use the Table for the Question(s)below

question 54

Multiple Choice

Use the table for the question(s) below.
David founds a company and goes through the investment rounds shown below:
He decides to take the company public through an IPO,issuing 2 million new shares.Assuming that he successfully completes the IPO,the net income for the next year is estimated to be $8 million.His banker informs him that the price of shares should be set using average price-earnings ratios for similar businesses,which is 15.0.
-What will be the IPO price per share?

• A)$3.40
• B)$20.25
• C)$33.33
• D)$33.75
• E)$60.00

Apprehend the importance of problem diagnosis, solution context, and support in policy practice.

Understand the roles of policy advocates, direct-service staff, and agency executives in agenda building.

Comprehend how to utilize data, research, and value-clarifying skills in promoting policy issues.

Recognize the potential impact and strategic use of protests in the agenda building process.

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Definitions:

PT

Short for physical therapy, a type of treatment aimed at helping patients regain or improve their physical abilities.

Excessive Amounts

Quantities that surpass what is normal, necessary or reasonable.

Sugar

A sweet-flavored substance derived from various plants, primarily sugar cane and sugar beet, used commonly as a sweetener.

Blood

A vital fluid in humans and other animals that delivers necessary substances such as nutrients and oxygen to the cells and transports metabolic waste products away from those same cells.