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Charra [1.4K]
3 years ago
5

Davidson international has 13,700 shares of stock outstanding at a price per share of $28. the firm has decided to repurchase 50

0 of those shares in the open market. what will the price per share be after the share repurchase is completed? ignore taxes and market imperfections.
Business
1 answer:
alexdok [17]3 years ago
6 0

The shareholder equity is equal to:

$28/share * 13 700 shares = $ 383,600

This is the total capital of Davidson International. Now, assuming that there is no additional income since it is not implied in the problem, the total equity does not change. However, the shares become: 13,700 + 500 = 14 200 shares.

Price per share now becomes:

$383 600 / 14 200 shares = $27/share

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Suppose a crime wave hits West Philadelphia, so that the marginal product and average product of police officers are now 60 arre
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The ideal allocation of 500 police officers should be in West Philadelphia.

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We must first describe what the word "allocation" means. Allocation refers to a place that, due to some circumstance, needs to be considered as a place for the allocation of resources. These resources can be money, materials, raw materials, labor, among others.

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3 years ago
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3 0
2 years ago
The purpose of the fair value adjustment for marketable equity securities is to: Adjust a corporation's capital stock account to
timofeeve [1]

The main purpose of the fair value adjustment for marketable equity securities is to adjust a corporation's capital stock account to reflect the current market value of the outstanding capital stock.

<h3>What is a marketable equity securities?</h3>

This securities represents investments that can easily be bought, sold or traded on public exchanges.

Some examples of a marketable equity securities includes a stocks, bonds, preferred shares, ETF etc.

However, the periodic fair value adjustment for marketable equity securities is to adjust a corporation's capital stock account.

Therefore, the Option A is correct.

Read more about marketable securities

<em>brainly.com/question/25818989</em>

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1 year ago
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