The balance sheet for Quinn Corporation is shown here in market value terms. There are 29,000 shares of stock outstanding. Market Value Balance Sheet Cash $ 136,000 Fixed assets Total 499,970 $ 635,970 Equity Total $635,970 $ 635,970 The compay has announced it is going to repurchase $46,400 worth of stock instead of paying a dividend of $1.60. a. What effect will this transaction have on the equity of the firm? Note: Input the answer as positive value. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. b. How many shares will be outstanding after the repurchase? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. c. What will the price per share be after the repurchase? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. shareholders' equity by a. The transaction will b. New shares outstanding c. Share price

The balance sheet for Tempest, Ic., Is shown here in market value terms. There are 25,000 shares of stock outstanding. Market Value Balance Sheet $ 175,000 570,000 Cash Fixed assets Equity $745,000 Total $745,000 Total $745,000 The compay has announced It is going to repurchase $22,500 worth of stock Instead of paying a dividend of $.90. a. What effect will this transaction have on the equity of the firm? (Input the answer as positive value. Do not round Intermedlate calculations and round your answer to the nearest whole number, e.g., 32.) b. How many shares will be outstanding after the repurchase? (Do not round Intermedlate calculatlons and round your answer to the nearest whole number, e.g., 32.) c. What will the price per share be after the repurchase? (Do not round Intermedlate calculatlons and round your answer to 2 decimal places, e.g., 32.16.) a. The transaction will shareholders' equity by b. New shares outstanding C. Share price

The balance sheet for Ferguson Corp. is shown here in market value terms. There are 9,000 shares of stock outstanding.    Market Value Balance Sheet   Cash $ 44,600       Equity $ 444,600     Fixed assets   400,000                              Total $ 444,600          Total $ 444,600                      Instead of a dividend of $1.50 per share, the company has announced a share repurchase of $13,500 worth of stock.   How many shares will be outstanding after the repurchase? (Do not round intermediate calculations. Round your final answer to 2 decimal places, e.g., 32.16.)      Shares outstanding       What will the price per share be after the repurchase? (Do not round intermediate calculations. Round your final answer to 2 decimal places, e.g., 32.16.)      New stock price $

The balance sheet for Quinn Corporation is shown here in market value terms. There are 8,000 shares of stock outstanding. Cash Fixed assets Total Market Value Balance Sheet $ 45,600 Equity 500,000 $ 545,600 Total $ 545,600 a. Shares outstanding b. New stock price $ 545,600 Instead of a dividend of $1.90 per share, the company has announced a share repurchase of $15,200 worth of stock. a. 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.) b. What will the price per share be after the repurchase? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

The balance sheet for Quinn Corporation is shown here in market value terms. There are 9,000 shares of stock outstanding.      Market Value Balance Sheet Cash $ 44,600 Equity $ 444,600 Fixed assets 400,000             Total $ 444,600 Total $ 444,600            The company has declared a dividend of $1.50 per share. The stock goes ex dividend tomorrow.   Ignoring any tax effects, what is the stock selling for today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Ignoring any tax effects, what will it sell for tomorrow? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

The balance sheet for Quinn Corporation is shown here in market value terms. There are 12,000 shares of stock outstanding.    Market Value Balance Sheet Cash $ 49,300 Equity $ 404,300 Fixed assets 355,000             Total $ 404,300 Total $ 404,300            The company has announced a share repurchase of $17,400 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 answer to 2 decimal places, e.g., 32.16.)

The balance sheet for Quinn Corporation is shown here in market value terms. There are 30,000 shares of stock outstanding. Market Value Balance Sheet $ 137,000 826,600 $ 963,600 Cash Fixed assets Total Equity Total The compay has announced it is going to repurchase $51,000 worth of stock instead of paying a dividend of $1.70. a. What effect will this transaction have on the equity of the firm? Note: Input the answer as positive value. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. a. The transaction will b. New shares outstanding c. Share price b. How many shares will be outstanding after the repurchase? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. c. What will the price per share be after the repurchase? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. $ 963,600 $ 963,600 reduce 28,412 32.12 shareholders' equity by $…

The balance sheet for Quinn Corporation is shown here in market value terms. There are 12,000 shares of stock outstanding. Market Value Balance Sheet Cash $ 49,300     Fixed assets 355,000 Equity $ 404,300 Total $ 404,300 Total $ 404,300 The company has declared a dividend of $1.45 per share. The stock goes ex dividend tomorrow. Ignore any tax effects. What is the stock selling for today? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. What will it sell for tomorrow? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.

The balance sheet for Ferguson Corp. is shown here in market value terms. There are 10,000 shares of stock outstanding.    Market Value Balance Sheet   Cash $ 45,400       Equity $ 525,400     Fixed assets   480,000                              Total $ 525,400          Total $ 525,400                      The company has declared a dividend of $1.70 per share. The stock goes ex dividend tomorrow.   Ignoring any tax effects, what is the stock selling for today? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)       Stock price $  per share      Ignoring any tax effects, what will it sell for tomorrow? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)      Stock price $  per share       Ignoring any tax effects, what will the balance sheet look like after the dividends are paid? (Do not round intermediate calculations.)   Balance Sheet…

The balance sheet for Sinking Ship Corp. is shown here in market value terms. There are 10,000 shares of stock outstanding.    Market Value Balance Sheet   Cash $ 45,000       Equity $ 485,000     Fixed assets   440,000                              Total $ 485,000          Total $ 485,000                      Instead of a dividend of $1.90 per share, the company has announced a share repurchase of $19,000 worth of stock.   a. 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.) b. What will the price per share be after the repurchase? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)