A company has net income of $925,000; its weighted-average common shares outstanding are 185,000. Its dividend per share is $0.70, its market price per share is $93, and its book value per share is $83.50. Its price-earnings ratio equals:

Answers

Answer 1

Answer:

$18.60

Explanation:

Calculation for the price-earnings ratio

Using this formula

Price-Earnings Ratio = Market Price per Share/ Earnings per share

The Earnings per share will be Net Income/(Weighted-Average Common Shares Outstanding)

Let plug in the formula

Price-Earnings Ratio = $93 / ($925,000 / 185,000)

Price-Earnings Ratio=$93/5

Price-Earnings Ratio=$18.60

Therefore the price-earnings ratio will be $18.60


Related Questions

you are forming a new company that delivers food to residents across college campuses. the primary focus is

Answers

Answer:

your primary focus should be on making sure that your system works

Explanation:

When doing this your primary focus should be on making sure that your system works. Meaning that you need to make sure that you have all of the necessary equipment to get the deliveries out on time and everything worked out so that you can assure customer satisfaction. Otherwise, customers will begin to review your company badly and as dysfunctional, which will destroy your business before it can even get started.

Assume the Apple division of the Gala Company had the following results last year (in thousands). Managements required rate of return is 10% and the weighted average cost of capital is 8%. Its effective tax rate is 30%. What is Apple division's residual income

Answers

Answer:

$50,000

Explanation:

The computation of the residual income for each division is shown below:

As we know that

Residual income = Operating income - target income

where,  

Operating income is given in the question  

And, the target income could be calculated by

= Average invested assets × required rate of return

= $4,500,000 × 10%

= $450,000

So, the residual income is

= $500,000 - $450,000

= $50,000

You bought one of Great White Shark Repellant Co.’s 6.6 percent coupon bonds one year ago for $1,056. These bonds make annual payments and mature 11 years from now. Suppose you decide to sell your bonds today, when the required return on the bonds is 4.5 percent. The bonds have a par value of $1,000. If the inflation rate was 3.2 percent over the past year, what was your total real return on investment? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Answers

Answer:

14.25%

Explanation:

For computing the total real return first we have to find out the present value and the required return which is shown below:

Given that,  

Future value = $1,000

Rate of interest = 4.5%

NPER = 11 years

PMT = $1,000 × 6.6% = $66

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula the present value is $1,179.11

Now the required return is

= ($1,179.11 + $66) ÷ ($1,056) -1

= 17.91%

And finally,

total real return

= ($1.1791 ÷ 1.032) - 1

= 14.25%

The terms of trade must be higher (graphically to the right) of a nation's own production __________________

Answers

Answer: cost ratio

Explanation: The terms of trade must be higher (graphically to the right) of a nation's own production cost ratio. The production cost ratio allows small-scale manufacturers to determine their cost more accurately as well as control known cost parameters and is a method that can be adapted and applied to any business.

In a multi-product manufacturing firm, the production cost ratio is necessary for accurate compilation and allocation of production costs to each category of product especially when both the Production Time and the Production Runs are not the same and/or when fixed labor, overhead and other costs are drawn from the same pool. When the ratio is not applied results in a skewed allocation of production costs. This in turn can affect the business as it becomes difficult to ascertain the products whose production are more profitable to the business.

You consider undertaking the research project. It will increase sales by $100K per year starting next year and its life is 10 years. The maintenance cost is $50K and the depreciation of the equipment is 20K per year. The tax rate is 40% and there are no changes in net operating working capital. What is the annual operating cash flow from the project? A. $10,000 B. $18,000 C. $38,000 D. $30.000

Answers

Answer: C. $38,000

Explanation:

The Operating cashflow for a project will be the net income earned from it less any taxes but including depreciation.

In formula form;

Operating cash flow = EBIT - tax paid + depreciation

Earnings Before Interest and Tax

= Sales - Expenses

= 100,000 - 50,000 - 20,000

= $30,000

Tax paid

= EBT * 40%

= 30,000 * 40%

= $12,000

Operating cash flow = EBIT - tax paid + depreciation

= 30,000 - 12,000 + 20,000

= $38,000

Note; Depreciation is added back because it is a non-cash expense.

How much interest is earned in just the third year on a $1,000 deposit that earns 7% interest compounded annually?

Answers

Answer:

Interest earn= $80.14

Explanation:

Giving the following information:

PV= $1,000

i= 7%

n= 3

First, we will calculate the future value at the second year:

FV= PV*(1+i)^n

FV= 1,000*(1.07^2)

FV= 1,144.9

Now, for the third year:

FV= 1,144.9*1.07= 1,225.04

Interest earn= 1,225.04 - 1,144.9= $80.14

what happens to aggregate output if both taxes and government spending are lowered by $300 billion and mpc

Answers

Answer:

The answer is:

1. consumers' expenditure increases by $150 billion

2. output will decrease by $600 billion

Explanation:

Tax impact:

$300 billion x 0.5

= $150 billion.

If taxes are lowered by $300 billion, consumers' expenditure increases by $150 billion because with lower tax, there is money money to be spent because their disposable income has increased.

Government spending impact:

$300/(1-0.5)

$300/0.5

=$600 billion.

Due to government spending that has increased by this amount, output will decrease by this amount too because government has directly competed with firms that should have used this money to increase the total output.

Therefore, net effect on total output is $300billion($600 - $300)

n the _____stage of team development, team members often become intensely loyal to one another and feel mutual accountability for team successes and failures.

Answers

Answer:

Performing.

Explanation:

In other to get to this stage of team development, you must have passed through the certain other three stages where you are been formed as a group and also stormed before performance.

Group seen to have made it to their performing stage are seen to displays a level of competence experience and also trust that is less apparent in the earlier stages of group development. Cohesion is seen to be the vital driver in this stage of team development. Also strong relationships is maintained amongst its members facilitating smooth flow of work; and can certainly work without supervision too.

According to the producer price index database maintained by the Bureau of Labor Statistics, the average cost of computer equipment fell 3.8 percent between January and December 2016. Let's see whether these changes are reflected in the income statement of Computer Tycoon Inc. for the year ended December 31, 2016.
2016 2015
Sales Revenue $ 109,000 $ 133,500
Cost of Goods Sold 64,500 75,100
Gross Profit 44,500 58,400
Selling, General, and Administrative Expenses 36,900 38,800
Interest Expense 590 520
Income before Income Tax Expense 7,010 19,080
Income Tax Expense 1,500 5,900
Net Income $ 5,510 $ 13,180
Required:
1. Compute the times interest earned ratios for 2016 and 2015. (Round your answers to 1 decimal place.) Times Interest Earned 2015 2016
2. Does Computer Tycoon generate sufficient net income in both years before taxes and interest) to cover the cost of debt financing?
a. Yes
b. No

Answers

Answer:

A.

2015 37.7

2016 12.9

B. Yes

Explanation:

Computation of the times interest earned ratios for 2016 and 2015

First step is to find the EBIT

EBIT: 2016 $ 2015 $

Gross profit 44,500 58,400

Less Selling, General and Administrative expenses (36,900) (38,800)

EBIT 7,600 19,600

Second step is to compute the times interest earned ratios for 2016 and 2015 using this formula

Time interest earned = EBIT / Interest expense

Let plug in the formula

Time interest earned 2016 2015

EBIT $7,600 $19,600

÷Interest expense $590 $520

=Time interest earned 12.9 37.7

Therefore the Time interest earned will be :

2015 37.7

2016 12.9

2. Yes Computer Tycoon generate sufficient net income in both 2015 and 2016 before taxes and interest in order to cover the cost of debt financing.

In the short run, the quantity of output that firms supply can deviate from the natural level of output if the actual price level in the economy deviates from the expected price level. Several theories explain how this might happen.

Answers

Answer: fall, reducing, fall below

Explanation:

the misperceptions theory asserts that changes in the price level can temporarily mislead firms about what is happening to their output prices. Consider a soybean farmer who expects a price level of 100 in the coming year. If the actual price level turns out to be 90, soybean prices will __________ , and if the farmer mistakenly assumes that the price of soybeans declined relative to other prices of goods and services, she will respond by __________ the quantity of soybeans supplied. If other producers in this economy mistake changes in the price level for changes in their relative prices, the unexpected decrease in the price level causes the quantity of output supplied to __________the natural level of output in the short run.

The Berndt Corporation expects to have sales of $12 million. Costs other than depreciation are expected to be 75% of sales, and depreciation is expected to be $1.5 million. All sales revenues will be collected in cash, and costs other than depreciation must be paid for during the year. Berndt’s federal-plus-state tax rate is 40%. Berndt has no debt. a. Set up an income statement. What is Berndt’s expected net income? Its expected net cash flow? b. Suppose Congress changed the tax laws so that Berndt’s depreciation expenses doubled. No changes in operations occurred. What would happen to reported profit and to net cash flow? c. Now suppose that Congress changed the tax laws such that, instead of doubling Berndt’s depreciation, it was reduced by 50%. How would profit and net cash flow be affected? d. If this were your company, would you prefer Congress to cause your depreciation expense to be doubled or halved? Why? Ehrhardt, Michael C.. Corporate Finance: A Focused Approach (p. 93). Cengage Learning. Kindle Edition.

Answers

Answer:

a) Berndt Corporation

Income Statement

Sales revenue                                         $12,000,000

All cost other than depreciation            ($9,000,000)

Depreciation expense                             ($1,500,000)

EBIT                                                            $1,500,000

Income taxes                                             ($600,000)

Net income                                                  $900,000

net cash flow = $900,000 + $1,500,000 = $2,400,000

b) if depreciation doubles, net profit will decrease to $0, but net cash flows will increase to $3,000,000

c) if depreciation decreases by 50%, net profit will increase to $1,350,000, but net cash flows will decrease to $2,100,000

d) Once a company is operating, its value is generally calculated based on its cash flows, therefore, I would select the option that increases the company's net cash flows (Congress doubles depreciation expense).

A car dealership union negotiates a contract that dramatically increases the salaries of all salesmen. If one of the salesmen is thinking of changing careers to be a hardware salesman, his opportunity cost:___________.
a. Would not be affected
b. Of becoming a hardware salesman would decrease
c. Of becoming a hardware salesman would increase
d. None of the above

Answers

Answer:

c. Of becoming a hardware salesman would increase

Explanation:

Opportunity cost defines that when a person gets to benefit from another than he received. So, that person takes another benefit from where he gets more benefit or we can say that he will choose the best alternative.

According to the given situation, A car dealership association is negotiating a contract that significantly increases all salesmen 's wages. Now, the Opportunity cost when one of the salespersons feels that shifting the path to hardware is of becoming a hardware salesperson that would increase.

Hence, the right answer is C

Parker & Stone, Inc., is looking at setting up a new manufacturing plant in South Park to produce garden tools. The company bought some land six years ago for $4.3 million in anticipation of using it as a warehouse and distribution site, but the company has since decided to rent these facilities from a competitor instead. If the land were sold today, the company would net $4.6 million. The company wants to build its new manufacturing plant on this land; the plant will cost $11.8 million to build, and the site requires $700,000 worth of grading before it is suitable for construction. What is the proper cash flow amount to use as the initial investment in fixed assets when evaluating this project? (Enter your answer as a positive value in dollars, not millions of dollars, e.g., 1,234,567.)

Answers

Answer:

$17.1 million

Explanation:

The proper cash flow amount to use as the initial investment in fixed assets when evaluating this project can be calculated as follows

DATA

Fair value of land = 4.6 million

Cost to build a plant = 11.8 million

Grading cost = 0.7 million

Solution

Initial investment = Fair value of land + Cost to build a plant + Grading cost

Initial investment = $4.6 million + $11.8 million + $0.7 million

Initial investment = $17.1 million

Stephanie’s company uses a job order cost system. Stephanie just made a $15,000 debit to the Work in Process Inventory account for raw materials assigned to job 1074. Which of the following steps does Stephanie also need to complete?
A. Posting a $15,000 decrease in Direct Labor to the subsidiary ledger for job 1074.B. Posting a $15,000 increase in Direct Materials to the job cost sheet for job 1074.C. Posting a $15,000 increase in Direct Labor to the job cost sheet for job 1074.D. Posting a $15,000 increase in Raw Materials to the subsidiary ledger for job 1074.

Answers

Answer:

B. Posting a $15,000 increase in Direct Materials to the job cost sheet for job 1074

Explanation:

According to the given situation, Materials account of the specific work will be debited as costs are allocated to Jobs. Assigning those costs to operate would reduce the balance of inventories.

Therefore from the above explanation the correct answer is b as it has been posted $15,000 which is rising the direct material to the job cost sheet for job 1074.

Blue Stone Builders recently offered to sell 45,000 newly issued shares of stock to the public. The underwriters charged a fee of 8.2 percent and paid Blue Stone Builders the uniform auction price for each of those shares. Which one of the following terms best describes this underwriting?
a) Private placement
b) Best efforts
c) Public rights
d) Dutch auction
e) Market commitment

Answers

Answer: d) Dutch auction

Explanation:

Dutch Auction refers to a type of Public Offering in which the issuing company holds a sort of auction and receives bids on the shares that it has in. Using these bids they are able to set a price for the stock which is the highest price received.

However, the bids are based on the amount an investor can buy in terms of quantity and price. The lowest acceptable bid is then charged on all the stock and is called the Uniform auction price which is what Blue Stone paid thereby making this a Dutch Auction.

In its third year, a project is expected to produce earnings before interest and taxes of $671,551 and depreciation expense of $125,193. If the company’s tax rate is 34%, what is the project’s expected operating cash flow?

Answers

Answer:

Operating cash flow= $568,416.66

Explanation:

Giving the following information:

Earnings before interest and taxes= $671,551

Depreciation expense= $125,193.

Tax rate= 34%

To calculate the operating cash flow, we need to use the following structure:

EBIT= 671,551

Tax= (671,551*0.34)= (228,327.34)

Depreciation= 125,193

Operating cash flow= 568,416.66

What is the difference between an optimistic approach and a pessimistic approach to decision making under assumed uncertainty

Answers

Answer:

The optimistic approach examines the best possible outcome in a given situation and chooses the 'best of the best' while the pessimistic approach examines the worst possible outcome in a given situation and chooses the 'best of the worst'.

Explanation:

Decision making under assumed uncertainty is an approach that is taken when the outcomes of future events are not entirely known. The Hurwicz criterion provides a basis on which the pessimistic and optimistic outcomes can be balanced. This criterion allows the person who makes the decision to chose a coefficient of pessimism signified by alpha (α) and it is a decimal that is graded between 0 and 1. This number signifies the worst possible outcome whereas, the number (1-α) signifies the best outcome.

So, the optimistic approach examines the best possible outcome in a given situation and allows the decision-maker to choose the 'best of the best', while the pessimistic approach examines the worst possible outcome in a given situation and the decision-maker to choose the 'best of the worst'

Fallow Corporation has two separate profit centers. The following information is available for the most recent year: West Division East Division Sales (net) $ 410,000 $ 560,000 Salary expense 47,000 61,000 Cost of goods sold 143,000 259,000 The West Division occupies 10,250 square feet in the plant. The East Division occupies 6,150 square feet. Rent, which was $ 82,000 for the year, is an indirect expense and is allocated based on square footage. Compute operating income for the West Division.

Answers

Answer:

$168,750

Explanation:

The data below are extracted from the above question.

West division

Sales (S) = $410,000

Salary expense (E) = $47,000

Cost of goods sold (C) = $143,000

Proportional rent (R) = $82,000 % of square footage

Area of the division = 10,250 square feet.

Total area of both division = 10,250 + 6,150

= 16,400 square feet

Therefore, the operating income (I) for the West Division is given by the amount of sales minus salary expenses , cost of goods sold and rent.

I = S - E - C - R

= $410,000 - $47,000 - $143,000 - (82,000 × 10,250 / 16,400)

= $220,000 - $51,250

= $168,750

The yearly operating income for Fallow's Corporation West Division is $168,750.

You are considering two ways of financing a spring break vacation. You could put it on your credit card, at 17% APR, compounded monthly, or borrow the money from youe parents, who want an interest payment of 6% every six months. which is the lower rate? (Dont round intermediate steps to decimal places)

Answers

Answer: Parent's rate is lower.

Explanation:

The lower rate will be the lower Effective Annual rate, the formula of which is;

[tex]EAR = (1 + interest rate/compounding frequency) ^{compounding frequency} - 1[/tex]

Credit Card

[tex]EAR = (1 + interest rate/compounding frequency) ^{compounding frequency} - 1[/tex]

[tex]EAR = (1 + interest rate/compounding frequency) ^{compounding frequency} - 1\\= ( 1 + \frac{0.17}{12})^{12} - 1\\= 0.184[/tex]

= 18.4%

From your parents

[tex]EAR = (1 + interest rate/compounding frequency) ^{compounding frequency} - 1\\= ( 1 + 0.07) ^{2} - 1\\= 0.1449[/tex]

= 14.5%

Parent's rate is lower.

You purchased a stock at a price of $48.98. The stock paid a dividend of $1.63 per share and the stock price at the end of the year was $54.12. What was the total return for the year? Multiple Choice 13.82% 10.49% 13.17% 12.51% 3.33%

Answers

Answer:

13.82%

Explanation:

The computation of total return for the year is shown below:-

Total return = (End value - Beginning value + Dividend) ÷ Beginning value

= ($54.12 - $48.98 + $1.63) ÷ $48.98

= 6.77 ÷ $48.98

= 0.13821

or

= 13.82%

Therefore for computing the total return we simply applied the above formula by considering all the information given in the question

Hannah Co. has 10,000 shares of $10 par common stock outstanding. A 10% stock dividend is declared when the market price is $50 per share.Following the stock dividend, a cash dividend of $4 per share is declared and paid to Hannah Cos' shareholders. The debit to Retained Earnings will be:

Answers

Answer:

Hannah Co.

The debit to Retained Earnings will be:

$44,000

Explanation:

Common Stock outstanding = 10,000 shares of $10 par

With a 10% stock dividend, the outstanding shares increase to 11,000 (10,000 x 1.1).

The cash dividend per share = $4

Total cash dividend equals $44,000 ($4 x 11,000).

So the Retained Earnings will be debited to the sum of $44,000 following the cash dividend to reduce the Retained Earnings account by $44,000.

A company purchased money market funds with cash during the current year. Which of the following statements is correct?
A. This transaction will result in a decrease in cash from investing activities.B. This transaction will result in a decrease in cash from operating activities.C. This transaction will result in a decrease in cash from financing activities.D. This transaction will not cause a change in cash from operating, investing, or financing activities.

Answers

Answer: This transaction will not cause a change in cash from operating, investing, or financing activities.

Explanation:

When a company purchased money market funds with cash during the current year, it should be noted that this will transaction will not cause a change in cash from operating, investing, or financing activities. This is because the purchase was made with cash during the current year.

The Jones Company has just completed the third year of a​ five-year MACRS recovery period for a piece of equipment it originally purchased for $302,000. a. What is the book value of the​ equipment? b. If Jones sells the equipment today for $184,000 and its tax rate is 35%​, what is the​ after-tax cash flow from selling​ it? c. Just before it is about to sell the​ equipment, Jones receives a new order. It can take the new order if it keeps the old equipment. Is there a cost to taking the order and if​ so, what is​ it? Explain.​ (Assume the new order will consume the remainder of the​ machine's useful​ life.) Note​: Assume that the equipment is put into use in year 1.

Answers

Answer:

a. What is the book value of the​ equipment?

$86,976

b. If Jones sells the equipment today for $184,000 and its tax rate is 35%​, what is the​ after-tax cash flow from selling​ it?

($184,000 - $86,976) x (1 - 35%) = $97,024 x 65% = $63,065.60

c. Just before it is about to sell the​ equipment, Jones receives a new order. It can take the new order if it keeps the old equipment. Is there a cost to taking the order and if​ so, what is​ it?

the cost to taking the new order is the opportunity cost of selling the equipment, which is $63,065.60.

Explanation:

MACRS depreciation rate:

Year             %              Depreciation expense             Carrying value

1                   20%            $60,400                                  $241,600

2                  32%            $96,640                                  $144,960

3                  19.20%        $57,984                                  $86,976

4                  11.52%         $34,790.40                             $52,185.60

5                  11.52%         $34,790.40                             $17,395.20

6                  5.76%          $17,395.20                              $0

Systemic barriers to change occur because of conflicts between departments, conflicts arising from power relationships, and refusal to share information.
a. True
b. False

Answers

Answer:

a. True

Explanation:

This statement is true, as systemic barriers can occur in an organization whose information flow does not occur efficiently and effectively, which causes information noises that prevent departments or teams from receiving organizational information.

This barrier can be eliminated by establishing a more direct and integrated communication with all organizational sectors, in the form of announcements, murals, e-mail, etc.

Another way to solve this problem is by analyzing the design of the organizational structure and making adjustments if it is found that there are flaws that prevent the flow of information to flow normally.

A security company offers to provide CCTV coverage for a parking garage for ten years for an initial payment of $45,000 and additional payments of $25,000 per year. What is the equivalent annual annuity of this​ deal, given a cost of capital of 4%​?

Answers

Answer:

Equivalent Annual Annuity =$30,548.09  

Explanation:

The equivalent annuity is the annual cash cash flows that is the same in value to the present value of the total cost associated with providing the CCTV coverage.

Equivalent Annual Annuity = Total PV of cost /Annuity factor

To determine the total prsent value of cost associated with CCTV  would sum the present value of the additional payment for 10 years and the initial cost.

Initial cost - 45,000

Additional payment = 25,000

PV of additional payment = A× 1-(1+r)^(-n)/r

                               = 25,000 × 1- 1.04^(-10)/0.04 =  202,772.39  

Total PV of cost = 202,772.39   + 45,000 =  247,772.39  

Total PV of cost = 247,772.39

Equivalent Annual Annuity = Total PV of cost /Annuity factor

Annuity factor = 1-(1+r)^(-n)/r = ( 1- 1.04^(-10)/0.04) =  8.1109

Equivalent Annual Annuity =247,772.39 /8.1109  = 30,548.09  

Equivalent Annual Annuity =$30,548.09  

according to the nist the process of identifying risk, assessing risk, and taking steps to reduce risk to an

Answers

Answer: Risk management

Explanation:

According to the nist, the process of identifying risk, assessing risk, and taking steps to reduce risk to an acceptable level is referred to as the risk management.

Risk management simply has to do with the identification of risks before they occur. In such scenarios, the business owners can either avoid the risk or minimize the impact of the risk.

Schuepfer Inc. bases its selling and administrative expense budget on budgeted unit sales. The sales budget shows 2,600 units are planned to be sold in March. The variable selling and administrative expense is $3.10 per unit. The budgeted fixed selling and administrative expense is $35,760 per month, which includes depreciation of $4,100 per month. The remainder of the fixed selling and administrative expense represents current cash flows. The cash disbursements for selling and administrative expenses on the March selling and administrative expense budget should be:________.a. $40,210.b. $44,410.c. $31,570.

Answers

Answer:

$39,720

Explanation:

Total fixed costs that represent current cash flows = $35,760 - $4,100

Total fixed costs that represent current cash flows = $31,660

Variable costs = 2,600 units * $3.10

Variable costs = $8,060

The cash disbursements for selling and administrative expenses on the March selling and administrative expense budget will be

= $31,660 + $8,060

= $39,720

The three conditions that characterize difficult managerial decisions concerning resources, capabilities, and core competencies are

Answers

Answer:

uncertainty, complexity, and intra-organizational conflicts.

Explanation:

Managerial decisions define that any decision that can be taken for the benefit of the organization also these types of decision set targets for the income of the company moreover it decides what type of product should be sell and the hiring of employees who should be into the organization or who should not be in the organization etc.

According to the given situation, Management decisions on capital, expertise, and core competencies are disputes of uncertainty, complexity, and intra-organizational existence.

In 2019, Tim sells Section 1245 property for $28,000 that he had purchased in 2009. Tim has claimed $5,000 in depreciation on the property and originally purchased it for $15,000. How much of the gain is taxable as ordinary income?

Answers

Answer:

The taxable amount at an ordinary rate = $5000

Explanation:

The selling price of a property in 2019 is = $28000

The depreciation on the property = $5000

Original purchased price of property = $15000

Adjusted tax = an orginal price – depreciation  

Adjusted tax = 15000 – 5000 = $10000

Gain = selling price – adjusted tax

Gain = 28000 – 10000 = $18000

The part of gain ($18000) that is taxable as ordinary rate = $5000

Here, $13000 will be taxed as section 1231 as a gained tax at capital gain rate.

Instead of a dividend of $1.60 per share, the company has announced a share repurchase of $16,000 worth of stock. How many shares will be outstanding after the repurchase?

Answers

Answer:

9,690 stocks

Explanation:

some information is missing:

Market Value Balance Sheet

Cash            $45,300        Equity $515,300

Fixed assets    $470,000    

Total           $515,300        Total         $515,300

total number of shares outstanding = 10,000

stock's market price = $515,300 / 10,000 = $51.53

stocks repurchased = $16,000 / $51.53 = 310.50, but we must round down to 310 stocks

stocks outstanding after repurchase = 10,000 - 310 = 9,690

Other Questions
How do cultures become different from one another? Your job is to submit a risk diagnosis to the Centers for Medicare & Medicaid Services (CMS) for the purpose of payment. As part of this job, you use a process to verify the data is accurate. Your immediate supervisor tells you to ignore the Sponsor's process and to adjust or add risk diagnosis codes for certain individuals. What should you do? A certain pole has a cylinder-like shape, where the base's radius is 10 centimeters and the height is 2 meters. What calculation will give us the estimated surface area of the pole in square centimeters? If two 4-sided dice were rolled, whatwould be the probability of getting double2s? Write your answer as a fraction. Please answer ASAP PLEASE! Northwest Fur Co. started 2021 with $105,000 of merchandise inventory on hand. During 2021, $510,000 in merchandise was purchased on account with credit terms of 3/15, n/45. All discounts were taken. Purchases were all made f.o.b. shipping point. Northwest paid freight charges of $8,900. Merchandise with an invoice amount of $3,700 was returned for credit. Cost of goods sold for the year was $362,000. Northwest uses a perpetual inventory system. What is ending inventory assuming Northwest uses the gross method to record purchases A basketball player scored 33 points during a game by shooting 1-point free throws, 2-point field goals, and 3-point field goals. The player scored 17 times. She scored 3 more 2-point field goals than 1-point free throws. The system of equations below represents the situation, where x is the number of 1-point free throws, y is the number of 2-point field goals, and z is the number of 3-point field goals. x + y + z = 17 x + 2y + 3z = 33 y x = 3 Water flows at speed v in a pipe of radius R. At what speed does the water flow through a constriction in which the radius of the pipe is R/3 Coastal Shores Inc. (CSI) was completely destroyed by Hurricane Fred on August 5, 2021. At January 1, CSI reported an inventory of $153,000. Sales from January 1, 2021, to August 5, 2021, totaled $432,000 and purchases totaled $175,500 during that time. CSI consistently marks up its products 60% over cost to arrive at a selling price. The estimated inventory loss due to Hurricane Fred would be: help! ill give brainliest What concept or principle requires layered, complementary controls sufficient to detect and deter infiltration and exploitation of an organization, its information systems, and its facilities? True or False: Within the body, all atoms combine to form molecules. If false, why? 40 POINTS!!!!ANSWER ASAP!!!What is the value of y?O 3 sqrt 3 unitsO 6 sqrt 3 unitsO 9 sqrt 3 unitsO 12 sqrt 3 units Where does that air go as a result? If m(2x3)+n(x+1)=5x for all real numbers x, where m and n are constants, what is the value of m? In a random sample of 20 NBA basketball games the mean number of points scored by the home team was 100.4 with a standard deviation of 4.86.Create and interpret a 95% confidence interval for the true mean number of points scored by an NBA basketball team at home.You and your friend were watching a LA Lakers game where they were not playing at home. They only scored 98 points. Your friend says, "Wow, I bet if they were playing at home they would have scored a lot more points." Do you agree or disagree with your friend? Support your detailed answer. what is the difference between science and engineering? NewTech purchases computer equipment for $154,000 to use in operating activities for the next four years. It estimates the equipments salvage value at $25,000.Required:Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation. A potential client has been walking 2 miles, several times a week, for the past 3 months and would like to continue progress toward her goals. You suggest that she train with you for several sessions to teach her things she can do on her own. According to the Transtheoretical Model, which stage of change is she currently in 6. What are the methods to control noise pollution?