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Author Question: When a company repurchases its own common stock, it is likely that A) the stock price will remain ... (Read 138 times)

sam.t96

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on: Jul 11, 2018
When a company repurchases its own common stock, it is likely that
 
  A) the stock price will remain the same as this is simply an internal transaction.
  B) the stock price will increase because the company views the stock as undervalued.
  C) the board of directors will be fired for incompetence.
  D) the stock price will decrease because the company is creating artificial demand for its stock.

Question 2

California Retailing Inc has sales of 4,000,000; the firm's cost of goods sold is 2,500,000; and its
  total operating expenses are 600,000. The firm's interest expense is 250,000, and the corporate tax
  rate is 40.
 
  The firm paid dividends to preferred stockholders of 40,000, and the firm distributed
  60,000 in dividend payments to common stockholders. What is California Retailing's Addition to
  Retained Earnings?
  A) 290,000 B) 390,000 C) 650,000 D) 330,000
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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mistyjohnson

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Reply #1 on: Jul 11, 2018
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.
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sam.t96

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Reply 2 on: Jul 11, 2018
Great answer, keep it coming :)

nyrave

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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