subject
Business, 13.08.2020 23:01 ritchieandrew249

The Greenbriar is an all-equity firm with a total market value of $584,000 and 22,800 shares of stock outstanding. Management is considering issuing $197,000 of debt at an interest rate of 10 percent and using the proceeds on a stock repurchase. Ignore taxes. How many shares will the firm repurchase if it issues the debt securities

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 08:30
Match the given situations to the type of risks that a business may face while taking credit. 1. beta ltd. had taken a loan from a bank for a period of 15 years, but its sales are gradually showing a decline. 2. alpha ltd. has taken a loan for increasing its production and sales, but it has not conducted any research before making this decision. 3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession. 4. delphi ltd. has taken a short-term loan from the bank, but its supply chain logistics are not in place. a. foreign exchange risk b. operational risk c. term of loan risk d. revenue projections risk
Answers: 3
question
Business, 22.06.2019 19:30
At december 31, 2016, pina corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,810 shares $10,781,000 common stock, $5 par, 4,026,000 shares 20,130,000 during 2017, pina did not issue any additional common stock. the following also occurred during 2017. income from continuing operations before taxes $21,950,000 discontinued operations (loss before taxes) $3,505,000 preferred dividends declared $1,078,100 common dividends declared $2,300,000 effective tax rate 35 % compute earnings per share data as it should appear in the 2017 income statement of pina corporation
Answers: 1
question
Business, 23.06.2019 00:10
Mno corporation uses a job-order costing system with a predetermined overhead rate based on direct labor-hours. the company based its predetermined overhead rate for the current year on the following data: total estimated direct labor-hours 50,000 total estimated fixed manufacturing overhead cost $ 285,000 estimated variable manufacturing overhead per direct labor-hour $ 3.80 recently, job p123 was completed with the following characteristics: total actual direct labor-hours 20 direct materials $ 710 direct labor cost $ 500 the amount of overhead applied to job p123 is closest to:
Answers: 2
question
Business, 23.06.2019 19:50
In 1942, 120,000 japanese americans were sent by federal order to internment camps. afterward, all asian americans (regardless of their country of origin and/or u.s. citizenship status) went from being a relatively unnoticed group to being singled out for discrimination. this is known as
Answers: 3
You know the right answer?
The Greenbriar is an all-equity firm with a total market value of $584,000 and 22,800 shares of stoc...
Questions
question
Mathematics, 28.04.2021 18:30
question
Mathematics, 28.04.2021 18:30
question
Business, 28.04.2021 18:30
question
Mathematics, 28.04.2021 18:30
question
Mathematics, 28.04.2021 18:30