The balance sheet for Fourth Corp. is shown here in market value terms. There are 10,000 shares of stock outstanding. Instead of a dividend of \\( \\$ 1.60 \\) per share, the company has announced a share repurchase of \\( \\$ 16,000 \\) worth of stock. How many shares will be outstanding after the repurchase? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) What will the price per share be after the repurchase? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Other questions asked by students
20.0 mL of nitric acid (HNO3) solution is neutralized with 30.0 mL 0.10M of potassium hydroxide...
1) How many grams of solid potassium cyanide should be added to 1.50 L of a 0.236...
Which of the following statements are incorrect 1 All matter is composed of compounds 2...
1 The Pyramid of Memphis in Tennessee stands 107 yards tall and has a square...
Find the horizontal and vertical asymptotes of the curve. You may want to use a...
4 13 Find the probability that event A or B takes place A 6 13...
On January 1, 2018, the Haskins Company adopted the dollar-value LIFO method for its one...
The following information has been provided for the year to 31 December 20X2 for Barney....
You are an audit supervisor of Ali & Babs partners and you are planning the...