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, 22.06.2019 11:00, aiueo946

Aprofessional does specialized work that's primarily: degree based. medical or legal. well paying. intellectual and creative

Answers: 2

continue

Business, 22.06.2019 11:20, murarimenon

Camilo is a self-employed roofer. he reported a profit of $30,000 on his schedule c. he had other taxable income of $5,000. he paid $3,000 for hospitalization insurance. his self-employment tax was $4,656. he paid his former wife $4,000 in court-ordered alimony and $4,000 in child support. what is the amount camilo can deduct in arriving at adjusted gross income (agi)?

Answers: 2

continue

Business, 22.06.2019 20:00, adriannacomrosenbark

Modern firms increasingly rely on other firms to supply goods and services instead of doing these tasks themselves. this increased level of is leading to increased emphasis on management.

Answers: 2

continue

Business, 22.06.2019 22:40, laceysmith2i023

Suppose your firm is considering investing in a project with the cash flows shown as follows, that the required rate of return on projects of this risk class is 10 percent, and that the maximum allowable payback and discounted payback statistics for the project are three and a half and four and a half years, respectively. use the irr decision to evaluate this project; should it be accepted or rejected

Answers: 3

continue

You know the right answer?

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