Business Essentials (12th Edition) (What's New in Intro to Business)
12th Edition
ISBN: 9780134728391
Author: Ronald J. Ebert, Ricky W. Griffin
Publisher: PEARSON
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Question
Chapter 17, Problem 17.27C
Summary Introduction
Case summary:
Company F is in restaurant business which is established in 28 locations in country U, two in country M and ten in country B. It is high-end restaurants which competes with top players in the industry. It was started by two sets of brothers namely Person JC and Person AC and Person JO and Person AO.
The company was started as a small one by these brothers in country B which later emerged as a big success and entered into country U. In 2005, Person JO and AO sold their shares to Person JC and AC and the company continued to expand. Later Person JC and AC sold their shares for $426 million to TL partners.
TL partners successfully expanded the firm and in 2015 the company went for an IPO, to its outstanding debts, raising $88.2 million at a price of $20 per share which was well above $16-$18 per share. Before the company entered the public, there were other three companies namely company CC, company CB and company BSS.
There are some factors for company F which the investors will look for investing. The company had paid its debt through IPO which led the firm with poor cash handling. The company decides to bring a specialized chef from country B for which visa had been suspended and revoked but there are not theoretical measures to gauge the rise and falls in the stock market.
To determine: Whether Person X will consider investing in company F and provide reasons.
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Chapter 17 Solutions
Business Essentials (12th Edition) (What's New in Intro to Business)
Ch. 17 - Prob. 17.1QRCh. 17 - Prob. 17.2QRCh. 17 - Prob. 17.3QRCh. 17 - Prob. 17.4QRCh. 17 - Prob. 17.5QRCh. 17 - Prob. 17.6QACh. 17 - Prob. 17.7QACh. 17 - Prob. 17.8QACh. 17 - Prob. 17.11ACh. 17 - Prob. 17.12A
Ch. 17 - Prob. 17.13ACh. 17 - Prob. 17.14ACh. 17 - Prob. 17.15ACh. 17 - Prob. 17.20EECh. 17 - Prob. 17.21EECh. 17 - Prob. 17.22EECh. 17 - Prob. 17.23CCh. 17 - Prob. 17.24CCh. 17 - Prob. 17.25CCh. 17 - Prob. 17.26CCh. 17 - Prob. 17.27CCh. 17 - Prob. 17.28CCh. 17 - Prob. 17.29CCh. 17 - Prob. 17.30CCh. 17 - Prob. 17.31C
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