Flotation cost adjustment
Flotation cost adjustment is the amount that must be added to rs to account for flotation costs to find re.
Definitions
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Flotation cost adjustment. The amount that must be added to rs to account for flotation costs to find re.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.