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

Author Question: Ostend Industries has total assets of $85 million, total debt of $58.6 million, and $4.8 million of ... (Read 147 times)

meganh99

  • Full Member
  • ***
  • Posts: 143
on: Mar 29, 2022

Question 1

If a firm has a 2 million shares outstanding and its stock trades at $25 per share, the company also has $10,000,000 in debt.  The company's market capitalization is
◦ $40,000,000.
◦ $49,000,000.
◦ $50,000,000.
◦ $60,000,000.

Question 2

Ostend Industries has total assets of $85 million, total debt of $58.6 million, and $4.8 million of 5% preferred stock outstanding. If the company has 500,000 shares of common stock outstanding, its book value per share would be
◦ $32.33.
◦ $33.60.
◦ $43.20.
◦ $52.80.
Fundamentals of Investing ¦ Zutter, Smart ¦ 14th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by meganh99 on Mar 29, 2022

ahardin89

  • Full Member
  • ***
  • Posts: 157
Reply #1 on: Mar 29, 2022
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 59% of students answer this correctly


meganh99

  • Member
  • Posts: 143
Reply 2 on: Mar 29, 2022
YES! Correct, THANKS for helping me on my review

at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Primary production increases with an increase in total phosphorus concentration. Primary production increases with an increase in total phosphorus concentration.
The Geometry of a Total Solar Eclipse The Geometry of a Total Solar Eclipse
The basalt below the hominins is dated to 1.8 million years ago, and the geomagnetic polarity of the The basalt below the hominins is dated to 1.8 million years ago, and the geomagnetic polarity of the
A partial stream sampling exhaust probe being used to measure exhaust gases in parts per million ... A partial stream sampling exhaust probe being used to measure exhaust gases in parts per million ...
U.S. Patents and Patents per Million Residents, 2010 U.S. Patents and Patents per Million Residents, 2010
A wave whose wavelength is 0.500 m is traveling down a 500-m long wire whose total mass is 25 ... A wave whose wavelength is 0.500 m is traveling down a 500-m long wire whose total mass is 25 ...
Video: Cytotoxic T cell receptors, activation, proliferation, differentiation & action

For a complete list of videos, visit our video library