1. Why do investors and managers desire full financial statement modeling?
1) They like to copy what the top professionals do
2) They can closely link operational decisions to their financial impact on the firm
3) They can learn many operational and financial benefits and issues with proposed operational changes
4) They can learn when the firm wil need cash and so arrange ways to meet their cash needs ahead of time
5) They are misguided as a result of their MBA education. Much simpler modeling would give them the same information.
2. Please go online to research, obtain and submit the following information related to the Twitter IPO:
1) Date of the IPO
2) IPO selling price
3) Lead underwriter of the IPO
4) # of IPO shares that were sold.