Company A has 2000 shares outstanding and current stock price is $300/share. Accordingly, company As balance sheet is as follows (in market value).

Surplus cash $150,000 Debt $0

Fixed assets and net working capital $450,000 Equity market capitalization $600,000

$600,000 $600,000

A shareholder holds one share of the stock. Now, company A decides to payout the surplus cash (only for the current period). (only put numbers, no comma or $ sign)

(a). If company A decides to payout all the surplus cash as dividends, whats the new equity market capitalization of the company on the balance sheet? $

What's the new stock price per share? $ /share

How much can the shareholder receive as dividend/share? $ /share

Whats shareholders wealth (per share) in the current period including both cash income and value of the stock held by the shareholder? $ /share

(b). If company A decides to payout all the surplus cash as share repurchase, how many shares can it repurchase? shares

Whats the number of shares outstanding now? shares

What's the new equity market capitalization of the company on the balance sheet? $

Whats shareholders wealth in the current period including both cash income and value of the stock held by the shareholder? Assume the shareholder still holds one share of the stock. $ /share