This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Acme Explosives Inc. is an international producer of creative demolition products. Selected ... (Read 32 times)

jc611

  • Hero Member
  • *****
  • Posts: 552
on: Apr 25, 2021
Acme Explosives Inc. is an international producer of creative demolition products. Selected financial information for Acme is provided in the table below. Acme wants to distribute all of its cash with an open market repurchase. Assume that Acme is able to buy back 1,064,377,778 shares for an average price of $27 per share. What is Acme's stock price after the repurchase?

Selected Financial Information
for Acme Corporation
​Before RepurchaseAfter Repurchase
Cash$28,738.2M$0
Market Capitalization$177,809.7M​
Shares Outstanding6,330M​
Stock Price$28.09​
Debt$0$0

◦ $27.33
◦ $28.09
◦ $28.31
◦ $28.75
◦ $28.33
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jc611 on Apr 25, 2021

shaquita

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


jc611

  • Member
  • Posts: 552
Reply 2 on: Apr 25, 2021
Great answer, keep it coming :)

steff9894

  • Member
  • Posts: 337
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Selected Minerals for Treating Nutritional and Electrolyte Disorders Selected Minerals for Treating Nutritional and Electrolyte Disorders
International Performance in Reading, Math, and Science, Eight Grade International Performance in Reading, Math, and Science, Eight Grade
Nurses should teach lactating women to avoid all drugs, herbal products, or dietary supplements ... Nurses should teach lactating women to avoid all drugs, herbal products, or dietary supplements ...
Selected Vaccines and Their Schedules Selected Vaccines and Their Schedules
Selected Topical Corticosteroids for Dermatological and Oral Lesions Selected Topical Corticosteroids for Dermatological and Oral Lesions
Sex Hormone Products Sex Hormone Products
Video: Transcription - Introns and exons

For a complete list of videos, visit our video library