Question: Problem 3 ( 4 points ) The balance sheet for Apple Pie Corp. is shown here in market value terms. There are 5 , 0

Problem 3(4 points)
The balance sheet for Apple Pie Corp. is shown here in market value terms. There are 5,000
shares of stock outstanding.
Market Value Balance Sheet
The company has announced that it is going to repurchase $4,350 worth of stock.
a. calculate the current price per share.
b. Calculate the number of shares repurchased.
c. What will the price of the stock be after this repurchase?
Problem 3(4 points) The balance sheet for Apple Pie Corp. is

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