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The statement of financial position for Knox Corp. is shown here in market value terms. There are 10,000 shares of stock outstanding Market Value
The statement of financial position for Knox Corp. is shown here in market value terms. There are 10,000 shares of stock outstanding Market Value Statement of Financial Position Cash Fixed assets Total $ 45,300 Equity $515,300 470,000 $515,300 Total $515,300 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. Round the final answer to the nearest whole number.) Shares outstanding What will the price per share be after the repurchase? (Do not round intermediate calculations. Round the final answer to 3 decimal places. Omit $ sign in your response.) New share price per share
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