Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 31, 2024

Bo's Home Monufacturing has 430,000 shares outstanding that sell for $47.32 per share. The company has announced that it will repurchase $63,000 of its stock.

Bo's Home Monufacturing has 430,000 shares outstanding that sell for $47.32 per share. The company has announced that it will repurchase $63,000 of its stock. What will the share price be after the repurchase? Multiple Choice $44.37 $47.47 54717 $4128 $47.32

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions

Question

=+a) The Mohs scale rates the hardness of minerals. If one mineral can scratch another, it is judged to be harder. (Diamond, the hardest mineral, is a 10.) Is hardness related to the weight of a 1 *...

Answered: 1 week ago

Question

★★★★★

1. What was the total purchase price/ enterprise value of the transaction? 2. Why did Exxon Mobils shares decline and XTO Energys shares rise substantially immediately following the announcement of...

Answered: 1 week ago

Question

★★★★★

Identifying the Opportunity Cost of Capital (20 min.) Jack Johnson recently started a dry cleaning business. He would like to expand the business and have a coin-operated laundry also. The expansion...

Answered: 1 week ago

Question

★★★★★

A firm's cost of capital (WACC) represents the maximum rate of return that a firm can earn from its capital budgeting projects to ensure that the value of the firm does not increase. a. true b. false

Answered: 1 week ago

Question

★★★★★

Sales Revenue $ 1 0 0 0 0 0 , Variable Costs $ 6 0 0 0 0 , Fixed Costs $ 2 0 0 0 0 . What is the

Answered: 1 week ago

Question

★★★★★

According to Wheeler (Axiom 7): "Every data set contains noise. Some data sets also contain signals. Before you can detect the signals within your data, you must filter out the noise". Explain the...

Answered: 1 week ago

Question

★★★★★

Lavazza distributes ground coffee in three supply chain channels (i = 1, 2 and 3). For each channel the demand-price relationship (in boxes) is linearly defined by the constants A1, A2 and A3 and...

Answered: 1 week ago

Question

★★★★★

Develop analysis in collaboration with public health and community-based organizations to improve the health of the population by selecting a priority population on which to focus then do the...

Answered: 1 week ago

Question

★★★★★

Do you believe that the advancement of digitalisation has rendered microeconomic theory obsolete? Give an example to back up your claims.

Answered: 1 week ago

Previous Question Next Question