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Business, 09.12.2021 03:40 oktacos

The equity section of a firm's market value balance sheet has common stock of $250,000 (par value $1); capital surplus of $145,650; and retained earnings of $624,250. The firm's stock sells for $27 a share. If the firm repurchases $75,000 of stock, what will be the new market value of the firm's total equity

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The equity section of a firm's market value balance sheet has common stock of $250,000 (par value $1...

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