Hello, I have two finance questions I need answered. The only kick is I'm taking a timed test so they need to be done within two hours. One is a calculation question and the other is simply and explanation question. Pretty easy but I'm busy at work right now so I can't get to it. I have attached, thank you.

1.(TCO H) What is meant by initial public offering (IPO) underpricing? What are the effects on the company whose shares are being sold? (Points : 20) 2. TCO B) Use the following current year financial statements for Precision Manufacturing to perform ratio analysis. Precision Manufacturing Income Statement Revenue 8,200,000 Cost of goods sold 5,100,000 Gross profit 3,100,000 Operating expenses 2,500,000 Operating income (EBIT) Interest expense 600,000 390,000 Earnings before taxes 210,000 Taxes (at 40%) 84,000 Net income 126,000 Precision Manufacturing Balance Sheet Current assets Cash Accounts receivable 125,000 900,000 Inventory Total current assets 575,000 1,600,000 Non-current assets Fixed assets Accumulated depreciation Net fixed assets Total assets 5,500,000 (1,100,000) 4,400,000 $6,000,000 Current liabilities Accounts payable $945,000 Accrued liabilities 855,000 Total current liabilities 1,800,000 Non-current liabilities Bonds payable Total liabilities 2,600,000 4,400,000 Shareholders' equity Common stock 140,000 Retained earnings Total shareholders' equity Total liabilities and shareholders' equity 1,460,000 1,600,000 $6,000,000 (a) Calculate the firm's net profit margin percentage. (b) Calculate the firm's net working capital. (c) What is the number of \"accounts receivable days\" for Precision Manufacturing? Assume that the firm's year-end accounts receivable balance for the prior year was $950,000. d) What is the firm's equity multiplier at the end of this year? Assume that the firm's prior year-end total assets balance was $6.3 million and the prior year-end total shareholders' equity balance was $2 million