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shares outstanding please The balance sheet for Quinn Corporation is shown here in market value terms. There are 10,000 shares of stock outstanding. Instead of

shares outstanding please image text in transcribed
The balance sheet for Quinn Corporation is shown here in market value terms. There are 10,000 shares of stock outstanding. Instead of a dividend of $1.60 per share, the company has announced a share repurchase of $16,000 worth of stock. How many shares will be outstanding after the repurchase? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) What will the price per share be after the repurchase? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct

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