Someone founds a company and goes through the investment rounds shown below: Round Source Price Number of Shares Class A Self $0.50 375,000 Class B Angel $1.00 400,000 Class C Venture Capital $1.50 250,000 Class D Venture Capital $2.25 400,000 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 $9 million. His banker informs him that the price of shares should be set using average price-earnings ratios for similar businesses, which is 14.0.What will be the price of IPO?

The vietnam war was considered by many to be america’s first unopposed win independent war defeat

Ratification of the constitution did not come easy. two groups fought over whether or not the constitution was a good government for us: the federalists and anti-federalists. if these factions existed today, which group do you think you would support? compose a paragraph explaining which group you would support. explain why you would support either group by including at least 3 examples of beliefs you support/disagree with.

“dear sir: it is with great reluctance, i trouble you on a subject, which does not fall within your province; but it is a subject that occasions me more distress, than i have felt, since the commencement of the war; and which loudly demands the most zealous exertions of every person of weight and authority, who is interested in the success of our affairs. i mean the present dreadful situation of the army for want of provisions, and the miserable prospects before us, with respect to futurity. it is more alarming than you will probably conceive, for, to form a just idea, it were necessary to be on the spot. for some days past, there has been little less, than a famine in camp. a part of the army has been a week, without any kind of flesh, and the rest for three or four days. naked and starving as they are, we cannot enough admire the incomparable patience and fidelity of the soldiery, that they have not been ere this excited by their sufferings, to a general mutiny or dispersion. strong symptoms, however, discontent have appeared in particular instances; and nothing but the most acitive efforts every where can long avert so shocking a catastrophe.” what’s the central idea?