Question
The following data apply to Garber Industries, Inc. (GII): Value of operations $1,000 Short-term investments $600 Debt $100 Number of shares 100 The company plans
The following data apply to Garber Industries, Inc. (GII):
| Value of operations | $1,000 |
| Short-term investments | $600 |
| Debt | $100 |
| Number of shares | 100 |
The company plans on distributing $100 as dividend payments. What will the intrinsic per share stock price be immediately after the distribution?
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Extinction Governance Finance And Accounting
Authors: Jill Atkins, Martina Macpherson
1st Edition
0367492989, 978-0367492984
