FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Use the following information to calculate the fully diluted shares outstanding if the current stock price is $47/share. Basic Shares Outstanding (in millions) Convertible

1. Use the following information to calculate the fully diluted shares outstanding if the current stock price is $47/share. Basic Shares Outstanding (in millions) Convertible Amount Outstanding (in millions) Convertible Conversion Price Option/Warrants (shares in millions) Tranche Options 1 Options 2 Options 3 Options 4 Options 5 Number of Shares Exercise Price 2.35 1.20 1.25 0.75 1.00 $25 35 40 50 70 85 $50 $40
image text in transcribed
Use the following information to calculate the fully diluted shares outstanding if the current stock price is $47/ share

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals Of Multinational Finance

Fundamentals Of Multinational Finance

Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman

4th Edition

9780132138079

More Books

Students also viewed these Finance questions

Question

★★★★★
Why is it that a halide ion such as Br- can react with a protonated primary alcohol, but cannot react with a protonated primary amine?

Answered: 1 week ago

Question

★★★★★
Why is an economic union a unique example of regional association?

Answered: 1 week ago

Question

★★★★★
What is the difference between efficacy and effectiveness? Why is this distinction important to clinical psychologists involved in research and practice?

Answered: 1 week ago

Question

★★★★★
On December 31, 2015, Ling Co. estimated that 2% of its net sales of $450,000 will become uncollectible. The company recorded this amount as an addition to Allowance for Doubtful Accounts. On May 11,...

Answered: 1 week ago

Question

★★★★★
Solve for the unknown interest rate in each of the following: Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places. Solve for the unknown...

Answered: 1 week ago

Question

★★★★★
Creighton Corp. is a manufacturer of widgets. All of its operations are conducted in the US. It is an accrual method calendar year corporation, which began business in Year 1. For the year ended...

Answered: 1 week ago

Question

★★★★★
the Continuous Loop Model (paper posted in Modules), consider how or if this approach might be used to improve a value stream or project where you work or an organization you know well. How could you...

Answered: 1 week ago

Question

★★★★★
Market research is vital to sustainable export success in analysing international markets. It is a process that can help you avoid costly expansion mistakes and identify extraordinary business...

Answered: 1 week ago

Question

★★★★★
To learn more about the role of a supervisor, you will interview someone in a supervisory position; your selection cannot be yourself or someone in the class. Identify someone you think is an...

Answered: 1 week ago

Question

★★★★★
Draw a labelled diagram of the Dicot stem.

Answered: 1 week ago

Question

★★★★★
The magnitude and direction of two forces acting on an object are 50 pounds, S73E, and 110 pounds, N71E, respectively. Find the magnitude, to the nearest hundredth of a pound, and the direction...

Answered: 1 week ago

Question

★★★★★
3. Most employees do not disclose the fraud and corruption they observe in the workplace, and, therefore, criminal and immoral behaviors continue to flourish. Who or what can intercept this lack of...

Answered: 1 week ago

Question

★★★★★
1. The first Stew Leonards retail grocery was established in 1969. Do you think the culture established and nurtured at this successful firm could be adopted by other retail grocery stores? Explain...

Answered: 1 week ago

Question

★★★★★
You are offered a great job, but you have to relocate to a distant city. Your family agrees that the decision is yours to make, but you know they do not want to move. What do you do?

Answered: 1 week ago

Previous Question Next Question