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A company's balance sheet is shown in terms of mark@values, not book values. There are 12,000 shares of stock outstanding Cash $100,000 Equity $400,000 Fixed

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A company's balance sheet is shown in terms of mark@values, not book values. There are 12,000 shares of stock outstanding Cash $100,000 Equity $400,000 Fixed Assets 300.000 Total 5400.000 Total $400.000 The company has announced it is poing to repurchase 500,000 worth of stock. How many shares of stock will be outstanding after the repurchase Enter your answer in the box shown below with 2 digits to the right or the decimal point Your Answer 10199.82 Ank

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