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Finance Report

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Value of the new shares for the IPO Earning per Share (EPS) = net income / total number of shares Net income = $2,084,724
Number of shares to be sold = $6,000,000

Earning per Share = $2,084,724/ $6,000,000 = $ 0.35

Advantages of using the underwriting deal • Underwriting deal will ensure success of Pearson Corporation in raising the entire amount as per the target. • The period for waiting for the processing of the deal is not costly and also it is not tedious. • There is a decreased risk and an increased potential once a company uses underwriting.

Disadvantages of underwriting deal

• The charges involved in underwriting deal are very high hence a company which uses it and has a poor financial record may face problems in meeting the expenses. Advantages of Best effort approach • For the company this uses this type of approach end up not spending much in the promotion of the deal at all. This because the agent takes the entire burden. Associated with the deal. • The company is rest assured that the agent cannot take a low price for the shares. Therefore it expects best prices ever. • The company will be advised accordingly by the client whether to sell the share at this...

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