4. KMS corporation has assets of $500 million, $50 million of which are cash. It has debt...

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4. KMS corporation has assets of $500 million, $50 million of which are cash. It has debt of $200 million. If KMS repurchases $20 million of its stock:

a. What changes will occur on its balance sheet?

b. What will its new leverage ratio be?

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Fundamentals Of Corporate Finance

ISBN: 9781292018409

3rd Global Edition

Authors: Berk, Peter DeMarzo, Jarrad Harford

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Question Posted: Oct 21, 2024 11:00 AM

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4. KMS corporation has assets of $500 million, $50 million of which are cash. It has debt...

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Fundamentals Of Corporate Finance

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