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faust18 [17]
3 years ago
13

At year​ end, Rebos​ Company's financial statements showed sales of​ $820 million, net income of​ $425 million, total assets of​

$750 million, total liabilities​ (including preferred​ stock) of​ $735 million, and 1.20 million shares of common stock outstanding. Rebos has been offered​ $742.50 million to sell their assets. Based on this​ information, calculate the​ company's book value per share and liquidation value per share of common​ stock, respectively.
Business
1 answer:
Dafna11 [192]3 years ago
4 0

Answer:

total sales $820 million

net income $425 million

total assets $750 million

total liabilities $735

1.2 million outstanding common stocks

an offer was made to buy their assets at $742.5 million

<u>company's book value per share:</u>

= (total assets - total liabilities) / total number of outstanding common stocks

= ($750,000,000 - $735,000,000) / 1,200,000 = $12.50 per stock

<u>company's liquidation value per share:</u>

= (total offer - total liabilities) / total number of outstanding common stocks

= ($742,500,000 - $735,000,000) / 1,200,000 = $6.25 per stock

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Date                             Probability         Bonus/Penalty       Outcome

August 1, 2015                  70%                 $150,000         $105,000 ($150,000 x 70%)

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After August 15, 2015        5%                 $50,000              -2,500

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<h3>What is a transaction price?</h3>

A transaction price is the amount of consideration expected to be paid or received for the exchange of goods or services.

A transaction price can vary based on timing or performance factors.

<h3>Data and Calculations:</h3>

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Learn more about contract transaction prices at brainly.com/question/984979

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