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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.

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Actions firms take to gain competitive advantages in a single market or industry are known as A. business level strategies. B. c
ArbitrLikvidat [17]

Answer:

A. business level strategies

Explanation:

Business level strategies -

It refers to the strategy taken by the business or organisation , in order to satisfy the needs of the human being , is referred to as business level strategies.

The method is adapted for the betterment of the business or firm , by making the consumers happy and satisfied.

Hence , from the given information of the question,

The correct option is  A. business level strategies .

7 0
4 years ago
stock in ombor medical supplies earns a return of 5.3% annually, while bonds issued by ombor medical supplies earns a return of
cluponka [151]

Bonds will generate $26.40 more income than equities do.

<h3>How is the stock return determined?</h3>

An investment's return on investment (ROI) provides a general indication of its profitability. In order to calculate ROI, subtract the investment's initial cost from its final value, divide the result by the cost of the investment, and then multiply the result by 100.

assuming that the rates remain constant for six years.

If you invest a total of $2,400 in ombor medical dollars, you will receive an annual return of 4.1% on bonds issued by ombor medical supplies and a 5.3% annual return on stock in ombor medical supplies.

The sum will equal $ in six years.

Bonds have a higher yield than equities, as is evident.

Therefore, the difference is $.

Bonds will therefore earn $26.40 more than equities over the long term.

To know more about  stock return visit:-

brainly.com/question/13807835

#SPJ4

5 0
2 years ago
The Adept Co. is analyzing a proposed project. The company expects to sell 3,500 units, give or take 10 percent. The expected va
olchik [2.2K]

Answer:

c. $58,905.

Explanation:

The computation of the sales revenue is shown below:

optimistic scenario revenue = optimistic unit sold × optimistic price

where,

optimistic unit sold = 3500 × 110%

= $3,850  

optimistic price  = 15 × 102%

= 15.3  

So, the Optimistic revenue is

= 3850 × 15.3

= $58,905  

Hence, the option c is correct

4 0
3 years ago
ohn joined the military during his senior year in high school with a deferred reporting date. He heard about jobs within the mil
nirvana33 [79]

Answer: a. Boot camp is the military's version of employee orientation.

Explanation:

To become an employee in a company, it is standard practice for the employer to give the employee an orientation so that they may be able to perform better at their jobs because they would know what is expected of them and how to go about achieving this.

This is the same for the military. When they send recruits to boot camps, they are doing their version of employee orientation because the recruit will learn what Uncle Sam expects from them and how they are to accomplish these tasks.

5 0
3 years ago
While eating at a restaurant, you see a waiter s serving tray tilt and an avalanche of food and beverages splatters on four peop
erica [24]

Answer:

D. The fundamental attribution error

Explanation:

The fundamental attrubution error is the likeliness for individuals to over emphasize personality based explanations for actions observed in others while under emphasizing situational explanations. It is a bias in which an individual action is said to depend on the type of person he is. What the individual committed in this case is fundamental attribution error also called correspondence bias or over attributional effect. With this bias, it is not believed that social and environmental factors influences individual actions.

4 0
3 years ago
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