The balance sheet for levy corp is shown here in market, Ask an Expert

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The balance sheet for Levy Corp. is shown here in market value terms. There are 6,000 shares of stock outstanding. Market Value Balance Sheet Cash $ 44,900 Equity $ 474,900 Fixed assets 430,000 Total $ 474,900 Total $ 474,900 Instead of a dividend of $1.80 per share, the company has announced a share repurchase of $10,800 worth of stock. How many shares will be outstanding after the repurchase? (Do not round intermediate calculations and round your answer to 2 decimal places. (e.g., 32.16)) What will the price per share be after the repurchase? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

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Financial Management, Finance

Category:- Financial Management
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