See attached Excel.
In the IPO, the firm issued 3,000,000 new shares. The initial price was $18.00/share with investment bankers retaining $1.26 as fees. The final first-day closing price was $23.50
1. What were the total proceeds from this offering? What part by the investment bankers? What percent of the offering is this?
2. Mr. Doerr of Kleiner Perkins Caufield & Byers owned a significant number of shares. What was the market value of these shares at the end of the first day of trading?
3. What was the market value of Amazon.com following its first day as a publicly held company?© BrainMass Inc. brainmass.com October 16, 2018, 5:40 pm ad1c9bdddf
The total proceeds from the offering are:
# of newly issued shares x Initial Price = 3,000,000 x $18 = $54,000,000
Since the investment bankers kept $1.26 per share, and there were 3 million shares issued, then the part that was taken by investment bankers as fees was:
3,000,000 x $1.26 = $3,780,000
The percentage from the total ...
The solution shows the calculations and explains the problems.
For your final group project, perform a close reading of Case 10 "Amazon.com: An E-Commerce Retailer," (pages 10-1 through 10-22).
Using the guidelines established in Chapter 15 of your text, produce a "Strategic Audit" for the Amazon.com case. As you produce your Strategic Audit, make sure to include all eight sections.
Can you please help me the strategic audit, as I am having difficulty with figuring this out?View Full Posting Details