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Ivenika [448]
3 years ago
5

Dye Trucking raised $240 million in new debt and used this to buy back stock. After the recap, Dye's stock price is $7. If Dye h

ad 55 million shares of stock before the recap, how many shares does it have after the recap
Business
1 answer:
zalisa [80]3 years ago
3 0

Answer: 20,714,286 shares

Explanation:

Find out the number of shares that was repurchased:

= Amount raised / stock price

= 240,000,000 / 7

= 34,285,714 shares

Number of shares after recap:

= Number of shares before recap - Shares repurchased

= 55,000,000 - 34,285,714

= 20,714,286 shares

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Explanation:

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3 years ago
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Answer:

delight

Explanation:

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Delighting the customer is a very important part of marketing. This helps in maintaining the customer relation.

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3 years ago
The characteristic that a new accounting standard should not favor one group of companies over others or achieve a particular so
Aleks04 [339]

Neutrality is the characteristic that a new accounting standard should not favor one group of companies over others or achieve a particular social outcome. Because management wants to see the company grow, financial statements created by the corporation are by definition slightly skewed. This implies that they are more likely to indicate improved performance while omitting to disclose negative incidents.

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7 0
1 year ago
French mining engineer Henri Fayol defined management as a process involving which of the following?
AleksandrR [38]

Answer:

Option D

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Bumek [7]

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4 years ago
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