How much did snap actually raise in the ipo and which market is it listed on.
Answers
Snap Inc., the parent company of Snapchart, raised $3.4 billion in its initial public offering (IPO) in 2017. The IPO was one of the largest technology offerings in recent years.
The company priced its shares at $17 each and sold 200 million Class A shares to investors, valuing the company at approximately $24 billion.
Snap's IPO was listed on the New York Stock Exchange (NYSE) under the ticker symbol "SNAP." By choosing NYSE instead of Nasdaq, Snap joined a prestigious group of companies trading on the iconic exchange, including established tech giants like IBM and General Electric.
The IPO marked a significant milestone for Snap, as it became a publicly traded company, allowing investors and the general public to own shares and participate in its growth. The company's debut was met with high anticipation and enthusiasm, particularly among younger investors who were avid users of Snapchart.
However, following its IPO, Snap faced some challenges, including increasing competition from rival social media platforms, slower user growth, and financial concerns. Despite these challenges, the company has continued to innovate and expand its offerings beyond the Snapchart app, introducing new features, such as augmented reality lenses and the Spectacles camera glasses.
As of my knowledge cutoff in September 2021, Snap Inc. remains listed on the NYSE, and its stock continues to be traded under the ticker symbol "SNAP." It's important to note that market conditions and listings are subject to change, so it's advisable to consult the latest information from reliable sources or financial institutions for the most up-to-date details.
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Related Questions
Prompt
What are company values?
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Answers
Answer:
As a definition, company core values are the clearly stated principles about the organization’s vision, mission, and principles. That way, everyone is aligned around a guiding philosophy to serve employees, customers, and the broader community.
That can also double as the definition of company culture. In many ways, values and culture are synonymous. They’re both about the higher aspirations of a company. The result is the DNA fundamental to a company’s identity
Using the Porter model, which generic business-level strategy is Nordstrom pursuing? What evidence supports your answer?
Answers
assets purchased as a group in a single transaction for a lump-sum price are allocated the purchase price based on their relative market values.
Answers
When assets are purchased as a group in a single transaction for a lump-sum price, the purchase price is typically allocated among the individual assets based on their relative market values. The statement is correct.
This allocation method is known as the "relative market value allocation." The relative market value allocation ensures that each asset is recorded on the company's books at a value that reflects its fair market worth at the time of acquisition. By assigning a portion of the purchase price to each asset based on its market value, the company aims to present an accurate representation of the assets' economic value.
This allocation process requires assessing the market values of the individual assets, which may involve obtaining appraisals, considering comparable sales, or utilizing other valuation techniques. It is crucial for financial reporting and accounting purposes to allocate the purchase price accurately to provide transparency and adhere to accounting principles.
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new stricter environmental policies and taxes or refineries are
passed by the government. What happens to the market for
gasoline?
Answers
The market for gasoline is likely to be affected by the introduction of new stricter environmental policies and taxes on refineries.
The implementation of new stricter environmental policies and taxes on refineries is expected to have a significant impact on the market for gasoline. These measures are typically aimed at reducing carbon emissions and promoting cleaner energy sources.
Firstly, the introduction of stricter environmental policies may require refineries to invest in technologies and processes that reduce their carbon footprint. This could lead to higher production costs for gasoline, as refineries may need to upgrade their infrastructure or adopt cleaner fuel alternatives. As a result, the increased costs could be passed on to consumers, leading to higher prices at the pump.
Secondly, the imposition of taxes on refineries can further contribute to the rise in gasoline prices. Taxes are often levied on the production or sale of gasoline as a means to discourage its consumption and promote more sustainable alternatives. These taxes can directly increase the price of gasoline, making it less affordable for consumers.
Consequently, the combination of stricter environmental policies and taxes on refineries is likely to result in higher gasoline prices in the market. This can have several effects on both consumers and businesses. Consumers may experience increased transportation costs, affecting their disposable income and purchasing power. Additionally, businesses that rely heavily on transportation, such as logistics and delivery companies, may face higher operational expenses, potentially impacting their profitability.
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A family purchases a perpetuity-immediate that provides annual payments that decrease by 0. 4% each year. The price of the perpetuity is 10,000 at an annual force of interest of 0. 6. Calculate the amount of the perpetuity's first payment: 604 620 640 658 678
Answers
The amount of the perpetuity's first payment is $640.
To calculate the amount of the perpetuity's first payment, we can use the formula for the present value of a perpetuity-immediate:
PV = C / r
Where PV is the present value, C is the annual payment, and r is the annual force of interest.
Given that the price of the perpetuity is $10,000 and the annual force of interest is 0.6, we can substitute these values into the formula and solve for C:
$10,000 = C / 0.6
Rearranging the equation, we find:
C = $10,000 * 0.6
Calculating the value, we get:
C = $6,000
However, the annual payments decrease by 0.4% each year. So, to find the amount of the first payment, we need to increase the value of C by 0.4%:
First payment = $6,000 * (1 + 0.004)
Calculating the value, we get:
First payment ≈ $6,000 * 1.004 ≈ $6,024
Therefore, the amount of the perpetuity's first payment is approximately $6,024, which is closest to $640.
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A $100,000 loan at 6% could be amortized with monthly payments of $843.86 on a 15-year basis or payments of $599.55 on a 30-year basis. The 30-year loan results in total payments of what percentage of the 15-year total payments
Answers
Answer:
142.1%
Explanation:
the total payments needed to pay off the 30 year loan = 30 years x 12 months x $599.55 = $215,838
the total payments needed to pay off the 15 year loan = 15 years x 12 months x $843.86 = $151,894.80
the relationship between total payments = $215,838 / $151,894.80 = 1.421 = 142.1%
A company can change to a new method of accounting if management can justify that the new method results in.
Answers
In order to use or switch to a new accounting technique, the organization must demonstrate that the new method will deliver more meaningful financial information. It means that the new method adds clarity for better decision-making. Accounting and financial reporting changes are unavoidable.
Most occur because organizations must make estimates and judgments to distribute expenditures and revenues when generating periodic financial statements. A change in accounting method generally necessitates an adjustment under IRC 481(a) to avoid duplication or omission of income or deductions when the taxpayer computes its taxable income using a method of accounting that differs from the method used to compute taxable income for the preceding taxable year.
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What are the four parts of the SWOT analysis?
Answers
Answer:
Strengths, Weaknesses, Opportunities, and Threats
Explanation:
Answer:
Strengths, Weaknesses, Opportunities, Threats. AKA. SWOT.
Explanation:
A SWOT analysis is a technique for assessing these four aspects of your business.
For companies with large amounts of fixed manufacturing overhead, total manufacturing overhead costs tend to:
Answers
Generally, companies that has large amounts of fixed manufacturing overhead tends to have a total manufacturing overhead costs that remain constant from one period to the next
What are overhead costs?In accounting , an overhead costs refers to expenses that are required to run the business including cost like rent, insurance, utilities etc
In conclusion, the companies that has large amounts of fixed manufacturing overhead tends to have a total manufacturing overhead costs that remain constant from one period to the next.
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Answer:
remain fairly constant
Explanation:
You should inform the person who is writing your letter of recommendation of
all of the following things except
A. where you are applying and why.
B. when the letter is due.
C. what you would like him or her to write.
D. what type of financial aid you are seeking.
Answers
Answer:
D.what type of financial aid you are seeking
________ measures how changes in price affect the quantity of the product demanded.
Answers
The quantity of a product that is demanded is affected by price changes, as measured by the price elasticity of demand.
The ratio of the percentage change in a product's quantity demanded to the percentage change in price is known as price elasticity of demand. It aids economists in understanding how supply and demand change in response to price changes in a given good.
Consumer durables are a prime example of a product with elastic demand. Like a washing machine or a car, these are infrequently acquired things that can be put off if the price increases. For instance, car discounts have successfully boosted car sales by lowering prices.
An economic indicator of the rise in the number of goods demanded or consumed in reaction to a change in price is the price elasticity of demand.
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Someone help please I’m confused ????!
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Answer:
For this human resource staff member who was asked to create a job description, the step that should be included in the process is: •••(Interview customers served by the employee in the job.)•••
What is Human resources management?
Human resources management (HRM) can be defined as an art that involves effectively and efficiently managing, controlling and improving the functions, number of employees or workers, activities that are being used by an organization.
Which of the following is not a special journal?
A) Sales journal
B) Purchases journal
C) General journal
D) Cash receipts journal
Answers
true or false: if wage contracts have short duration, it would make the recession induced by contractionary monetary policy more severe.
Answers
The given statement is true that if wage contracts have short duration, it would make the recession induced by contractionary monetary policy more severe.
Wage contracts are legal agreements between an employer and an employee that govern the terms and circumstances of employment, specifically the pay or wages to be received for work completed.
These agreements detail the agreed-upon compensation, wage rate, or payment structure, as well as any additional benefits or incentives. If a salary contract has a short duration, it suggests that it is renegotiated regularly, usually within a year or even less.
When a contractionary monetary policy, such as hiking interest rates to combat inflation, is undertaken in such a setting, it can lead to a more severe recession.
Wage contracts with limited durations are subject to renegotiation quite rapidly. Businesses facing decreased demand and less profitability may be more willing to negotiate salary reductions or freeze wages entirely during a recession.
Short-term wage contracts can exacerbate the recession caused by contractionary monetary policy by allowing for faster adjustments in labor costs, potentially leading to more dramatic wage cutbacks and a deeper economic downturn.
Therefore, it is true regarding the wage contract.
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Raising money via internet to support creative initiatives is called.
Answers
The term used for raising money via the Internet to support creative initiatives is called crowdfunding.
Crowdfunding is a method of financing a project or enterprise by raising small amounts of money from many people, usually via the Internet. This type of fundraising can be used to support a wide range of creative initiatives, including music, film, art, and more.
Crowdfunding has become a popular way to support new projects and ideas because it allows individuals to raise money from a large number of people quickly and easily. It also allows people to support projects they believe in and to help bring new ideas to life.
There are many different types of crowdfunding, including reward-based crowdfunding, equity crowdfunding, and donation-based crowdfunding. Each type has its own unique benefits and drawbacks, and the right type of crowdfunding will depend on the specific needs and goals of the project.
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A hair salon designed to appeal to children does not use the standard salon furniture. Instead, children sit on carousel horses to get their haircuts. Large TV monitors strategically located throughout the salon show kid-targeted videos and cartoons are there to entertain the children. The child-friendly hair salon's servicescape serves in what two capacities?
Answers
Answer:
a differentiator and facilitator
Explanation:
Since in the question it is mentioned that hair salon would be designed for children where the standard furniture would not be used rather using this, the children would sit on carousel houses for their haircuts also the cartoon videos should be shown to them so here the two capacities would be differentiator and facilitator as it is different in providing the service and here the learning would be easy
what is the difference between a credit report and a credit score?
Answers
Your credit report summarizes your credit history for potential lenders and creditors. Your credit score is a three-digit number that ranges from 300 to 850 and represents your overall credit risk at a glance.
What do you mean by credit report?A credit report is a declaration that contains details about your credit background and current credit situation, including information on how well you've paid your debts and the condition of your credit accounts.
Lenders will pay close attention to your credit score when you apply for the majority of loans. This three-digit number is crucial in determining whether you qualify for loans, credit cards, apartment rentals, and other financial products.
Therefore, Your credit report summarizes your credit history for potential lenders and creditors. Your credit score is a three-digit number that ranges from 300 to 850 and represents your overall credit risk at a glance.
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(HELP) Which details apply to a financing contract? Check all that apply.
A. requires a credit check
B. are always less expensive than using a credit card
C. includes interest rate information
D. requires a signature for rent-to-own agreements
E. can be broken at any time
Answers
A An investor initially purchased securities at a price of $9,923,418, with an agreement to sell them back at a price of $10,000,000 at the end of a 90-day period. The repo rate is percent.
Answers
Answer:
The repo rate is 3.09% percent
Explanation:
We can use the following formula to calculate the Repo rate
Repo Rate = ( ( Sale Price / Purchase Price ) - 1 ) x ( 360 / n ) x 100
Where
Sale Price = $10,000,000
Purchase Price = $9,923,418
n = 90 days
Placing values in the formula
Repo Rate = ( ( $10,000,000 / $9,923,418 ) - 1 ) x ( 360 / 90 ) x 100
Repo Rate = 3.08692%
Repo Rate = 3.09
Which of the following is not a reason for redesigning a product or service?
A) to reduce labor or material cost
B) to increase the level of customer satisfaction
C) to increase quality
D) to increase the level of employee satisfaction
E) to attract and increase customer demand
Answers
A neighbor’s kid comes into your backyard and jumps on the trampoline without your permission or knowledge. He falls off and lands on his head, resulting in a week’s hospital stay.
Answers
The first step should making sure such child receives proper medical attention. When he is well, we can have a conversation with the neighbor to prevent it from happening again..
What should be done in the event?It is very important to prioritize the child's health in this situation and once the medical attention has been sought, we can have a calm and respectful conversation with the child's parent to discuss the incident for future interactions.
One can also review any legal liabilities or insurance policies that could be involved. So, by taking proactive steps to prevent similar incidents in the future can help maintain positive relationships with neighbors while ensuring everyone's safety.
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Which best describes the types of indicators that the HDI measures?
O economic and industrial indicators
O infrastructure and social indicators
O social and economic indicators
O stability and social indicators
Answers
Answer:
O social and economic indicators
Explanation:
The Human Development Index (HDI) is a statistic used to measure a country's achievements in different aspects of its social and economic welfare. The united nations developed HDI to evaluate different dimensions of human development in a country. Dimensions of human development refer to people's health, educational level, and standards of living.
The HDI makes comparisons between countries by analyzing components such as average annual income and educational achievements.
Social and economic indicators is best describes the types of indicators that the HDI measures. The HDI analyzes factors such as average annual income and educational achievements to directly compare between countries.
What is HDI ?The Human Development Index is a metric that assesses a country's progress in various areas of social and economic development.
HDI was created by the United Nations to assess many aspects of a country's human development. Human development dimensions include people's health, educational attainment, and living conditions.
Thus, option C is correct.
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Complaint reflecting wrong expectation being built towards customer is caused by a... Standards Gap Knowledge Gap Delivery Gap O Communication gap
Answers
Complaint reflecting wrong expectation being built towards customer is caused by a Communication gap.
A communication gap occurs when there is a mismatch or misunderstanding between what customers expect and what an organization or business communicates to them. In this case, the complaint reflects a wrong expectation being built towards the customer, which suggests that there is a gap in communication between the organization and the customer.
The communication gap can arise due to various reasons, such as unclear or misleading advertising, lack of clear communication about product features or policies, or misalignment between what the customer perceives and what the organization intends to convey. When there is a communication gap, customers may have unrealistic or incorrect expectations, leading to dissatisfaction and complaints.
To address the communication gap, organizations should focus on improving their communication strategies, ensuring that they provide accurate and transparent information to customers, setting realistic expectations, and managing customer perceptions effectively. By closing the communication gap, organizations can enhance customer satisfaction and avoid complaints resulting from wrong expectations.
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magma math: given a spherical magma body with a radius of 5.8 meters and a cubical magma body with sides of length 9.35 meters, in which body of magma is the magma likely to cool more quickly
Choose one:
A. The magma will cool at the same rate for both magma bodies.
B. There is not enough information provided to answer the question.
C. The magma will cool more quickly in the cubical magma body.
D. The magma will cool more quickly in the spherical magma body.
Answers
A spherical magma body with a radius of 5.8 meters and a cubical magma body with sides of length 9.35 meters, in which body of magma is the magma likely to cool more quickly .The magma will cool more quickly in the cubical magma body.
This is because the surface area-to-volume ratio of the cubical magma body is larger than that of the spherical magma body. The rate of cooling depends on the surface area available for heat loss, and since the surface area of the cubical magma body is greater than that of the spherical magma body, the cubical magma body will cool more quickly.
Additionally, the corners of the cubical magma body provide even more surface area for heat loss compared to the smooth surface of the spherical magma body.
The rate of cooling of a body of magma (or any object, for that matter) depends on several factors, including its surface area, its volume, and its thermal conductivity. The greater the surface area, the more heat can be lost to the surrounding environment, and the faster the body will cool. Similarly, the greater the volume, the more heat the body contains, and the longer it will take to cool. Finally, the thermal conductivity of the material also plays a role, as some materials are better at conducting heat than others.
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being a spender has many more positives than being a saver. True or false?
Answers
This statement is subjective and there is no objective answer. It depends on one's personal financial goals, values, and circumstances.
Being a spender may have some positive aspects, such as enjoying experiences, acquiring new possessions, and supporting the economy through consumption. However, excessive spending can also lead to financial problems, debt, and stress.
Being a saver, on the other hand, may also have some positive aspects, such as building financial security, preparing for unexpected events, and having the freedom to make choices. However, saving may also mean delaying gratification, sacrificing immediate wants for future goals, and missing out on some financial goals.
Ultimately, the key to financial success is finding a balance between spending and saving that aligns with one's personal goals and values.
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research and development contributes most to productivity growth through its impact on the
Answers
Research and development contributes most to productivity growth through its impact on the technological advancement of a company. Research and development play an essential role in a company's productivity growth.
When a company invests in research and development, they can develop new products, improve their production processes, and identify new markets that can enhance their operations.
These innovations lead to a competitive advantage, and the company can boost its productivity, resulting in economic growth.
The technological advancement through research and development improves the efficiency and productivity of manufacturing firms and contributes significantly to economic development.
Firms that have the capability of innovating and adapting to technological changes tend to be more productive and competitive.
They can take advantage of the benefits of new technologies and are better positioned to serve the customers’ needs and preferences.
To sum it up, research and development contribute to productivity growth through its impact on the technological advancement of a company. It is an essential driver of economic growth and development.
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What will the real value of $100 be in 7 years if you hide the money under your mattress and the inflation rate is 2%
Answers
The real value of the money after 7 years, if the money is hidden under the mattress and the inflation rate, is $ 86. 81.
How to find the real value ?If the inflation rate is 2%, the value of money is expected to decrease by 2% per year.
In 7 years therefore, you can use the future value formula to find the real value of the money to be :
= Value today x ( 1 - rate ) ^ number of years
This gives:
= 100 x ( 1 - 2 % ) ⁷
= $ 86. 81
This means that if you hide $100 under your mattress today, in 7 years, its real value will be $86.81 in terms of what it can buy.
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why is the demand curve with constant unitary elasticity concave
Answers
The demand curve with constant unitary elasticity is concave because of the nature of unitary elasticity itself.
Unitary elasticity means that the percentage change in quantity demanded is equal to the percentage change in price. In other words, when the price changes by a certain percentage, the quantity demanded changes by the same percentage in the opposite direction. When plotting a demand curve with constant unitary elasticity on a graph, we typically use a logarithmic scale for both the price and quantity axes.
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When we assume that it is crucial for a supervisor to resolve a conflict as quickly as possible, the order of preference should be?
Answers
When we assume that it is crucial for a supervisor to resolve a conflict as quickly as possible, the order of preference should be force, accommodate, and compromise.
What is compromise?
A resolution of disagreements through compromise; an accord obtained through the rebalancing of opposing or competing claims, principles, etc., through reciprocal modification of demands.
Therefore,
When we assume that it is crucial for a supervisor to resolve a conflict as quickly as possible, the order of preference should be force, accommodate, and compromise.
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Gabrielle does not want to work a nine-to-five job. Still, she has to work to support herself. She accepts a job as a restaurant server in the evenings and uses her days to pursue artistic projects. How do Gabrielle's economic decisions best relate to broad economic goals?
A) She increases her efficiency by focusing on one task.
B) She earns enough money to pay her bills.
C) She exercises freedom of economic choice.
D) She increases her security by engaging in multiple activities.
Answers
Answer: C. She exercises freedom of economic choice.
Explanation:
Freedom of choice is when economic agents such as individuals, the firm's and the government can allocate the resources as they want and are free to make a choice they want.
Freedom of choice represents allows individuals make their own decisions. In this scenario, Gabrielle's economic decisions best relate to broad economic goals by exercising the freedom of economic choice.
Answer:
C
Explanation:
She exercises freedom of economic choice.