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Score: 0 of 1 pt 3 of 2 (0 comple) HW Score: 0%, 0 of 26 pts P 17-3 (similar to) Question Help ECB Co
Score: 0 of 1 pt 3 of 2 (0 comple) HW Score: 0%, 0 of 26 pts P 17-3 (similar to) Question Help ECB Co had 1 milion shares outstanding selling at 519 per share. Ii plane to repurchase 6.000 es at the market price What will be its market capital soon after the purchase? What will be stock price? The market capitalization after the repurchase is milion pound to three decimal places) Score: U UI pt 4 of 26 (0 complete) P 17-4 (similar to) KMS corporation has assets of $400 million, 580 million of which are cash. It has debt of $100 million, If KMS repurchases $40 million of its stock a. What changes will occur on its balance sheet? b. What will its new leverage ratio be? a. What changes will occur on its balance sheet? (Select the best choice below) O A. Both the cash balance and shareholder equity will increase by $40 milion O B. Both accounts receivable and shareholder equity will drop by $40 million OC. Debt will increase by $40 million and shareholder equity will decrease by $40 million. OD. Both the cash balance and shareholder equity will drop by $40 million
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