A firm has $75 million of assets that includes $12 million of cash and 25 million shares outstanding. If the firm uses $12 million of cash to repurchase shares, what is the new price per share?
A) $2.40
B) $1.50
C) $3.00
D) $6.00
Answer: C
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Answer the following statements true (T) or false (F)
1. According to Frederick Herzberg, the lack of factors that cause job satisfaction will result in job dissatisfaction. 2. Level of employee engagement is linked to the ethical nature of a company. 3. According to Paul Lawrence, the drive to defend is primarily related to an employee’s desire to protect the organization and its mission. 4. Managers should not try to empower all employees in a company. 5. Fence-sitters should be kept away from go-getters, as they can drag down high performers.
Bad news or bad publicity ________
A) must be ignored by a company B) is often encouraged by a business to show its customer sensitivity C) spreads rarely and slowly D) can never be controlled by employees of the company E) needs to be controlled
Convenience products, though inexpensive, require considerable shopping effort by buyers
Indicate whether the statement is true or false a. True b. False
Which statement best describes inductive reasoning?
a. It has little use in the interpretation of business research data. b. It may include non sequiturs and hasty generalizations. c. It moves from general concepts to specific facts. d. It moves from specific facts to generalizations.