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Afirm's market value balance sheet reports cash of $310, other assets of $5,200, and equity of $6.200. The firm has 1000 shares of stock outstanding
Afirm's market value balance sheet reports cash of $310, other assets of $5,200, and equity of $6.200. The firm has 1000 shares of stock outstanding and not Income of $870. The firm has decided to spend all of its cash on a share repurchase program. How many shares of stock will be outstanding after the stock repurchase is completed? Multiple Choice 950 shoes 910 shares 610 shares 900 shares
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