Business, 25.11.2020 14:10, jodonw1955

Afirm has excess cash of $600, other assets of $5,800, and equity is worth $6,400. The firm has 800 shares of stock outstanding and net income of $1,550. The firm has decided to spend all of its excess cash on a share repurchase program. How many shares of stock will be outstanding after the stock repurchase is completed? a. 741 shares
b. 658 shares
c. 808 shares
d. 733 shares
e. 725 shares

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 12:30, 322126

Which of the following is not an aspect of a menu's format? shapecolorsizenumber of pages

Answers: 1

continue

Business, 22.06.2019 09:50, niele123

The returns on the common stock of maynard cosmetic specialties are quite cyclical. in a boom economy, the stock is expected to return 22 percent in comparison to 9 percent in a normal economy and a negative 14 percent in a recessionary period. the probability of a recession is 35 percent while the probability of a boom is 10 percent. what is the standard deviation of the returns on this stock?

Answers: 2

continue

Business, 22.06.2019 17:40, bsheepicornozj0gc

Within the relevant range, if there is a change in the level of the cost driver, then a. total fixed costs will remain the same and total variable costs will change b. total fixed costs will change and total variable costs will remain the same c. total fixed costs and total variable costs will change d. total fixed costs and total variable costs will remain the same

Answers: 3

continue

Business, 22.06.2019 19:50, hallkanay7398

Ichelle is attending college and has a part-time job. once she finishes college, michelle would like to relocate to a metropolitan area. she wants to build her savings so that she will have a "nest egg" to start her off. michelle works out her budget and decides she can afford to set aside $9090 per month for savings. her bank will pay her 4 %4% per year, compounded monthly, on her savings account. what will be michelle's balance in five years?

Answers: 3

continue

Do you know the correct answer?

Afirm has excess cash of $600, other assets of $5,800, and equity is worth $6,400. The firm has 800...