Five years ago you founded a company in which you own all 1 , 0 0 0

Fantastic news! We've Found the answer you've been seeking!

Question:

Five years ago you founded a company in which you own all

1, 000

shares. A venture capitalist has offered to pay $

5

million for a

60 %

stake in the company. Under the terms of the deal, you will sell

500

of your shares to the venture capitalist and the company will issue some additional shares. What share price is implied by the deal?

(

Enter your answer as a number rounded to the nearest unit. So

,

if the share price is $

12, 345.67,

you should enter

12, 346

as your answer.

)

Posted Date: May 18, 2024 09:08 PM

See More Questions

A cheetah spots a Thomsons gazelle, its preferred prey, and leaps into action, quickly accelerating to its top speed of 30 m/s, the highest of any land animal. However, a cheetah can maintain this...
If the line in the previous problem is connected to a voltage source 120 V with internal impedance 80 , calculate the average power delivered to either antenna.
Interview entrepreneurs to find examples of bootstrapping techniques they have used in their businesses.
A computer network will be set up with six devices. The vertices in the graph in Figure 12.229 represent the devices, and the edges represent the cost of a connection. Find the network configuration...
Suppose your marketing department does a survey of potential users and finds that these users place the following values on the two versions of your software: If the numbers of home and commercial...
On 1 January 2 0 1 9 , Bratios Company purchases equipment and signs a 6 - year mortgage payable for $ 1 1 0 , 0 0 0 at 1 5 % . The mortgage will be paid in equal annual instalments of $ 2 9 , 0 6 6...
Below you will see pseudocode, please debug the code (find the errors) and make the correct changes to pseudocode. // Each time a salesperson sells a car at the // Pardeeville New and Used Auto...
Does the auditor's report on internal control cover all internal controls or only those over financial reporting? Explain the difference.
The auditor concludes that a public company has significant deficiencies in its in- ternal controls over financial reporting. Which of the following is a proper re- sponse to this finding? a. Report...
What are the key skills required of a key account manager?
What are the implications to the conduct of an audit and the auditor's assessment of internal control over financial reporting if the auditor concludes that an orga- nization's control environment...
Describe a dual-purpose test. What is the purpose of such a test? Give an example of such a test.
he time required for an automotive center to complete an oil change service on an automobile approximately follows a normal distribution, with a mean of 17 minutes and a standard deviation of 4...
Suppose that a business sells 6-month subscriptions to its monthly magazine. On January 1, the company receives a total of $600 for 10 subscriptions. To record this transaction, the company debits...
Identify all the cyclic subgraphs of Graph $C$. Use Graphs $A, B$, and $C$. Graph A Graph B Graph C
Identify all the cyclic subgraphs of Graph $B$. Use Graphs $A, B$, and $C$. Graph A Graph B Graph C
Draw four spanning trees of Graph $C$ that each have only one edge with an endpoint at vertex $u$. Use Graphs $A, B$, and $C$. Graph A Graph B Graph C

Five years ago you founded a company in which you own all 1 , 0 0 0

Question:

Expert Answer:

Students also viewed these finance questions