The value of a company's operations is RM850 million. The company's balance sheet shows RM250 million in

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The value of a company's operations is RM850 million. The company's balance sheet shows

RM250 million in short-term investments that are unrelated to operations. The balance sheet also

shows RM80 million in accounts payable, RM90 million in notes payable, RM60 million in

long-term debt, RM50 million in preferred stock, and RM300 million in total common equity. If

the company has 30 million shares of stock, what is your best estimate for the stock price per

share?

Posted Date: May 13, 2024 06:08 AM

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The value of a company's operations is RM850 million. The company's balance sheet shows RM250 million in

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Expert Answer:

To estimate the stock price per share we first need to calculate the total value of the company This ... View the full answer

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