The following data apply to Hill's Hiking Equipment: Value of operations ........ $20,000 Short-term investments ...... $
Question:
Value of operations ........ $20,000
Short-term investments ...... $ 1,000
Debt ................ $ 6,000
Number of Shares........ 300
The company plans on distributing $50 million by repurchasing stock. What will the intrinsic per share stock price be immediately after the repurchase?
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John Kago
Am a processional practicing accountant with 5 years experience in practice, I also happens to have hands on experience in economic analysis and statistical research for 3 years. am well conversant with Accounting packages, sage, pastel, quick books, hansa world, etc, I have real work experience with Strata, and SPSS
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Related Book For 
Financial Reporting And Analysis Using Financial Accounting Information
ISBN: 139
12th Edition
Authors: Charles H Gibson
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