TJ's has a market value equal to its book value. Currently, the firm has excess cash of $218,500, other assets of $897,309, and equity of $547,200. The firm has 40,000 shares of stock outstanding and net income of $59,800. Management has decided to spend 15 percent of the excess cash on a share repurchase program. How many shares of stock will be outstanding after the stock repurchase is completed?

Q: Cendana Berhad has made a profit of RM3 million last year. From those earnings, the company paid the…

A: The weighted average cost of capital is the cost of funds which are used in the project WACC = Cost…

Q: Executive Chalk is financed solely by common stock and has outstanding 25 million shares with a…

A: Outstanding Shares = 25 Million Market price = 10 Debt = 160 million A. The announcement will not…

Q: How much are the total earnings will be available for common stock holders? Calculate the Earnings…

A: Earnings available to shareholders is the amount which can be distributed to the shareholders. It…

Q: A public company has a book value of $128 million.  They have 20 million shares outstanding, with a…

A: Book value of the company is the total value on the balance sheet and is calculated as the…

Q: Epiphany is an all-equity firm with an estimated market value of $400,000. The firm sells $225,000…

A: The new equity value would be $400,000 - $225,000 = $175,000. The debt value would be $225,000.

Q: Conrad Corporation plans to raise $8 million to pay off its existing short-term bank loan of $2.4…

A: Money to be raised : $8 million Debt repayment : $2.4 million Assets purchase : $5.6 million…

Q: In its most recent financial statements, Nessler Inc. reported $35 million of net income and $420…

A: The term retained earnings refer to the amount of net income that is distributed among the…

Q: Based on the corporate valuation model, a company's total corporate value is $200 million. The…

A: A type of publicly traded security that provides ownership and voting rights to its holder is term…

Q: Based on the corporate valuation model, Bizzaro Co.'s value of operations is $300 million. The…

A: Given information: Current value of operations is $300 million, Short term investments of $20…

Q: LILSO’s group's published annual report showed the following: -Operating profit for the year was…

A: Earnings available to common stockholders = Net Profit -Preference Dividend Earnings Per Share =…

Q: Blasco's has a market value equal to its book value. Currently, the firm has excess cash of €1,332,…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: National Inc. recently reported net income of P1,500,000.  The company has 300,000 shares of common…

A: Calculate the current earning per share (EPS Year 0) of the company by dividing the current net…

Q: Over the years, Masterson Corporation’s stockholders have provided $34,000,000 ofcapital when they…

A: STOCK HOLDERS EQUITY = $34,000,000 NUMBER OF SHARES = 2,000,000 SELLING PRICE = $28

Q: Edelman Engines has $18 billion in total assets of which cash and equivalents total $80 million. Its…

A: Given Information: Total assets are 18 billion Cash and cash equivalents is 80 million Current…

Q: What will the new earnings per share be if the firm uses its excess cash to complete a stock…

A: Stock Repurchase: Also known as buyback, it is a decision made by the firm to repurchase its shares…

Q: Based on the corporate valuation model, the value of Weidner Co.'s operations is $1,200 million. The…

A:

Q: MV corporation has debt with market value of $101 million, common equity with a book value of $102…

A: WACC means weighted average cost of capital.

Q: The Eagle Inc. has 40 million shares​ outstanding, which are trading at​ $20 per share. Eagle…

A: Value of equity is the value of the shares of a company and its loans that the shareholders have…

Q: In previous years, Cox Transport reacquired 2 million treasury shares at $24 per share and, later, 1…

A: Weighted Average cost   No. of shares Price Total   2 24 48   1 27 27 Total 3   75 Average…

Q: Trini Exports has a current market value of equity of $315,000. Currently, the firm has excess cash…

A: Excel Spreadsheet: Excel Workings:

Q: National Inc. recently reported net income of P1,500,000. The company has 300,000 shares of common…

A: Here, Price Earning Rate remains the same for both years

Q: liff Corp. (CC) has an enterprise value (MV equity + debt – cash) of $330 million, $50 million in…

A: Repurchasing of shares means buy back of shares from public in return of cash.

Q: Based on the corporate valuation model, the value of ABC Company’s operations is $1,313 million. The…

A: Intrinsic value refers to the actual worth of an asset, project, or business. While determining the…

Q: Big Data Ltd has 7,500 shares of common stock outstanding at a price of $18 a share. It also has…

A: The capital structure is the particular combination of debt and equity used by a company.

Q: Edelman Engines has $18 billion in total assets - of which cash and equivalents total $90 million.…

A:

Q: firm earns $895 million in profits and pays $626 million in dividends for the year. The firm has…

A: The earnings per share is calculated as net income divided by number of issued and outstanding…

Q: In previous years, Cox Transport reacquired 3 million treasury shares at $25 per share and, later, 1…

A: Treasury shares: It refers to that section of previously issued shares that are brought back from…

Q: Lightbridge corporation has 500,000 shares of common stock that currently trade for $40 per share.…

A: Price to earnings ratio (PE ratio) compares the price with earnings per share. It will be calculated…

Q: onrad Corporation plans to raise $8 million to pay off its existing short-term bank loan of $2.4…

A: Debt Ratio is the ratio of total debt to total assets. in the balance sheet. Let us look at balance…

Q: A firm has a market value equal to its book value. Currently, the firm has excess cash of $2,000 and…

A: Outstanding Shares: The number of shares that are currently held by the company’s shareholders are…

Q: The company raises $5 million in equity capital by selling new shares of stock in the company to…

A: Accounting equation is  Total Assets = Total liabilities + equity

Q: You are considering a stock investment in one of two firms (AllDebt, Inc., and AllEquity, Inc.),…

A: Calculation of Income available for asset funders and Return on asset-funders\' investment:Excel…

Q: Fishwick Enterprises has 201,500 shares outstanding, half of which are owned by Jennifer Fishwick…

A: Total Wealth = Closing price * Number of shares Cost of underpricing shares = [ Closing Price -…

Q: XYZ company has the following info: Company plans to issue $450,000 in dividends, long term debt is…

A: Current liabilities are the obligations for which payment is to be paid within 12 month or normal…

Q: Quaker State Wings has 245,000 shares outstanding and net income of $905,000. The company stock is…

A: The share price is the current market price of the share. It is the price of the share at any…

Q: The value of Broadway-Brooks Inc.'s operations is $846 million, based on the corporate valuation…

A: Stock price per share: It is a monetary amount that is paid or received for a given share of stock.…

Q: Over the years, Janjigian Corporation's stockholders have provided $15,950 of capital, part when…

A: GIVEN, CAPITAL =$15,950 price per share = $44 number of outstanding shares = 950

Q: The Taussig Company, whose stock price is currently $20.50, needs to raise $15 million by issuing…

A: Company requires the amount of $15,000,000. But there will be underwriter's compensation also.…

Q: Big Data Ltd has 7,500 shares of common stock outstanding at a price of $18 a share. It also has…

A: WACC = (Weight of debt * after tax cost of debt) + (Weight of preferred * Cost of preferred) +…

Q: A firm has a market value equal to its book value. Currently, the firm has excess cash of $1,800 and…

A: Market value of Equity = MVE = Book Value of Equity = BE = $ 7,500Number of shares outstanding, N =…

Q: Develop Rattner’s end-ofyear statement of stockholders’ equity. f. If the firm’s stock price at…

A: EVA and MVA are the two methods used to value a company. EVA is the economic value added and MVA is…

Q: Blunderbluss Manufacturing’s balance sheets report $200 million in total debt, $70 million in…

A: Data given:: Total debt                             = $200 million Short-term investments       =…

Q: FA corporation recently reported a net ncome of $2,000,000. The company has 500,000 shares of common…

A: a.Calculate the earnings per share (EPS) for current period as follows:

Q: ABC is an all-equity firm with an estimated market value of $900,000. The firm sells $325,000 of…

A: Equity can be described as the amount raised through selling shares of the company.It is given…

Q: Over the years, Masterson Corporation's stockholders have provided $35,000,000 of capital when they…

A: Market Value Added (MVA) refers to the net difference between the total value added by the investors…

Q: Whim's auto has $4,300,000 in retained earnings after which the company will have to issue new…

A: Retained Earnings = $4,300,000

Q: A firm has a market value equal to its book value. Currently, the firm has excess cash of $7,000 and…

A: Market Value = Book Value Excess Cash = 7000 Other Assets = 21000 Equity = 28000 Number of shares…