Question: The balance sheet for Fourth Corp. is shown here in market value terms. There are 5 , 0 0 0 shares of stock outstanding. Market
The balance sheet for Fourth Corp. is shown here in market value terms. There are shares of stock outstanding.
Market Value Balance Sheet
Cash $ Equity $
Fixed assets
Total $ Total $
Instead of a dividend of $ per share, the company has announced a share repurchase of $ worth of stock.
How many shares will be outstanding after the repurchase? Do not round intermediate calculations and round your answer to decimal places, eg
What will the price per share be after the repurchase? Do not round intermediate calculations and round your answer to decimal places, eg
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