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Calculate the value of the shares of Our Company to be purchased based on the following information: (Round to the second digit $xx.xx) Company A
Calculate the value of the shares of Our Company to be purchased based on the following information: (Round to the second digit $xx.xx) Company A Total Revenues (CY) $5,389,000.00 Total Expenses (CY) $3,048,000.00 Net Income $2,341,000.00 Current Assets (minus inventory) $5,285,000.00 Current Liabilities $5,796,000.00 Inventory $1,101,000.00 Previous Transaction % of business transacted 100% Transaction Price $6,380,000.00 Current Market Capitalization $3,190,000.00 Our Company Share Price $73.80 Shares Outstanding 95,000 Shares to be purchased 78,375 Calculate the value of the shares of Our Company to be purchased based on the following information: (Round to the second digit $xx.xx) Company A Total Revenues (CY) $5,389,000.00 Total Expenses (CY) $3,048,000.00 Net Income $2,341,000.00 Current Assets (minus inventory) $5,285,000.00 Current Liabilities $5,796,000.00 Inventory $1,101,000.00 Previous Transaction % of business transacted 100% Transaction Price $6,380,000.00 Current Market Capitalization $3,190,000.00 Our Company Share Price $73.80 Shares Outstanding 95,000 Shares to be purchased 78,375
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