Question: any question needed 4) Tucker's National Distributing has a current market value of equity of $32,400. Currently, the firm has excess cash of $2,100, total

 any question needed 4) Tucker's National Distributing has a current marketany question needed

4) Tucker's National Distributing has a current market value of equity of $32,400. Currently, the firm has excess cash of $2,100, total assets of $22,400, net income of $3,210, and 800 shares of stock outstanding. The company is going to use all of its excess cash to repurchase shares of stock. What will the stock price per share be after the stock repurchase is completed? A) $40.06 B) $39.42 C) $39.94 D) $40.50 E) $40.87 5) Assume that today you can exchange $1 for .5926 and that last week, 1 was worth $1.6729. How much profit or loss would you now have in pounds if you had converted 100 into dollars last week and en converted the dollars back into pounds this week? A) 1.59 profit B) .86 loss C) .39 loss D) .07 loss 365/1.6 E) 1.03 profit in pd t ace rec pd Dundlaula hae an inventory turnover rate of 7.6, a payables turnover rate of 11.4, and a re b les turno 12,6

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