The following data apply to Elizabeth's Electrical Equipment: Value of operations $20,000 Short-term investments $1,000 Debt $6,000 Number of shares 300 The company plans on distributing $50 million by repurchasing stock. What will the intrinsic per share stock price be immediately after the repurchase? Select one: a. $47.50 b. $50.00 c. $52.50 d. $55.13 e. $57.88
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The following data apply to Elizabeth's Electrical Equipment: Value of operations $20,000 Short-term investments $1,000 Debt $6,000 Number ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Assembly department of Zahra Technologies had 100 units as work in process at the beginning of the month. These units were 45% complete. It has 200 units which are 20% complete at the end of the month.
Answers (1)
Which of the following statements regarding the date of a cash dividend declaration is not accurate? a. The dividend can be rescinded once it has been declared. b. The corporation is committed to a legal, binding obligation. c.
Answers (1)
You own 400 shares of Stock A at a price of $60 per share, 500 shares of Stock B at $85 per share, and 900 shares of Stock C at $25 per share. The betas for the stocks are 0.8, 1.2, and 0.7, respectively. What is the beta of your portfolio?
Answers (1)
Altec Electronica Chihuahua is a Mexican producer of electronic products The company's fragile electronics replacement parts were often damaged as they moved to customers. Altec designed a reusable packaging that protected the parts.
Answers (1)
What amount of cost is avoidable if tangier outsources production of this product?
Answers (1)
New Questions in Business
What if the tile work had proceeded as contracted and looked good, but STR refused to pay, saying it didn't meet their personal satisfaction (even though the contract didn't mention this option). Could STR refuse to pay?
Answers (1)
You want to create a slide that lists the pros and cons of using cloud storage as part of your presentation on business technology. Which pre-set layout would you want to use? A. Content with caption B. Title only C.
Answers (2)
Two or more products are produced using limited resources. The firm would like to determine how many units of each product it should produce to maximize overall profit given its limited resources.
Answers (1)
1. Calculate owners' equity. Doughnut Company shows $130,000 worth of assets on its December 31, 2009, balance sheet. If total liabilities are $55,800, what is the amount of owners' equity?
Answers (1)
The term "constant returns to scale" describes a situation where expanding all inputs does not change the average cost of production. a larger-scale firm can produce at a lower cost than a smaller-scale firm.
Answers (1)