1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
g100num [7]
3 years ago
14

A firm has a market value equal to its book value. Currently, the firm has excess cash of $1,000 and other assets of $5,000. Equ

ity is worth $6,000. The firm has 600 shares of stock outstanding and net income of $700. 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? Group of answer choices
Business
1 answer:
Jet001 [13]3 years ago
6 0

Answer:

500

Explanation:

The computation of Total outstanding shares is shown below:-

Market Value of Shares before Share repurchase = Equity ÷ Number of Shares outstanding

= $6,000 ÷ 600

= $10

Shares repurchased = Excess Cash ÷ Price of a Share

= $1,000 ÷ 10

= 100

Total Outstanding Shares = Number of Shares outstanding  - Shares repurchased

= 600 - 100

= 500

We applied the above formula.

You might be interested in
List the steps in the PACED decision-making process.
Rudiy27

Decision Making Steps:

1. Identification of Problems

2. Identifying Information

3. Make predictions that are likely to occur

4. Make a decision from the alternatives

5. Evaluate the results against the predections made

Explanation:

1. Decision Making is an action that determines the results in solving problems by choosing a course of action among several alternatives that exist through a mental process and logical thinking and also considers all alternative choices that have a negative or positive influence.

Learn More:

1. Decision making steps brainly.com/question/13983891

2. Understanding Decision Making brainly.com/question/1031435

Details:

Grade: Middle School

Subject: Business

Keyword: Making Process

3 0
3 years ago
Read 2 more answers
What is the term that is concerned with a population's size, age structure, geographic distribution, ethnic mix, and income dist
Rom4ik [11]

Answer:

Demographic segmentation

Explanation:

Demographic segmentation - it is the term used for segmentation of the population on the basis of sex, culture, income, etc. The main reason behind the segmentation of the population is to target the customers according to their needs.  

for example -  if in any locality, the majority of people believing in one culture or having the same status then the corporation must target the customers according to belief or their status. which can be achieved by demographic segmentation.

8 0
3 years ago
Read 2 more answers
​if an employee feels she is underpaid for the effort she exerts, she will probably:
9966 [12]
Quit or ask for a raise
4 0
3 years ago
A new project would require an immediate increase in raw materials in the amount of $17,000. The firm expects that accounts paya
RUDIKE [14]

Answer:

C.) $10,000

Explanation:

Working capital is the net of current asset and current liabilities. it is a financial measure that gives insight into how liquid a company is.

Raw materials also known as Inventory and accounts payable are both current assets and current liabilities respectively hence, Incremental investment in working capital if the project is accepted

= $17,000 - $7,000

= $10,000

5 0
3 years ago
Read 2 more answers
XYZ Company produces a significant daily amount of electronic waste. The company disposes the waste into the ocean despite stric
natima [27]

Answer:

Legal responsibility

Explanation:

Since there have been regulations put in place by the government, it is thereforre a legally binding agreement between XYZ company and any other companies that does same as XYZ company.

The failure of XYZ company to honour the set regulations is a breach in its legal responsibilty alongside its corporate social responsibilty as well and it can be taken up by the government by either charging the XYZ company to court or revoking their operating license.

Cheers.

6 0
3 years ago
Other questions:
  • Managers who must be familiar with the equal employment opportunity commission regulations are __________ managers.
    11·1 answer
  • _________ are information systems that process​ operational, social, and other data to identify​ patterns, relationships, and tr
    8·1 answer
  • One of the causes of the financial crisis of 2008 was the connectedness of financial institutions, where financial assets for on
    12·1 answer
  • Which of the following choices best completes the following statement? Explain. An investor with a higher degree of risk aversio
    10·1 answer
  • Does inflation benefit the lender or borrower?
    14·1 answer
  • Relationship between peer assessment and critical thinking​
    15·1 answer
  • Whole foods differentiates itself from competitors by offering top-quality foods obtained through sustainable agriculture. this
    11·1 answer
  • The agreed cost of an item to be purchased by a business on credit is 4000. The applicable cost will be debited to advertising e
    9·1 answer
  • Bleeding Edge Technologies makes surgical scalpels which are supplied to medical equipment suppliers in boxes. The weekly demand
    14·1 answer
  • A friend tells you that they cannot pay for for the standardized tests that need to be taken to apply for college and military s
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!