Equation to solve problem

Assignment Help Finance Basics
Reference no: EM132097212

Flex, a popular athletic apparel store, has a common stock book value of $40,000. They issued these shares at $40 and they are now trading at $50. How many shares outstanding does Flex have?

How would I set up an equation to solve this problem?

Reference no: EM132097212

Questions Cloud

Compute the amount of phantom profit : In its first month of operation, Kuhlman Company purchased 280 units of inventory for $12, Compute the amount of phantom profit
What is the firms pretax cost of debt : DATEC Inc has a debt-equity ratio of 0.47. The firm's required return on assets is 11.8 percent and its current cost of equity is 14.23 percent.
Company weighted average cost of capital : What is the company's Weighted Average Cost of Capital
Prepare journal entry to record the allocation of net income : Coburn (beginning capital, $55,000) and Webb (beginning capital $80,000) are partners. Prepare the journal entry to record the allocation of net income
Equation to solve problem : Flex, a popular athletic apparel store, has a common stock book value of $40,000. They issued these shares at $40 and they are now trading at $50.
Compute mary cost recovery deduction : On May 28, 2015, Mary purchased and placed in service a new $20,000 car. Compute Mary's cost recovery deduction and any cost recovery recapture in 2016
Define interim audit testing : Define interim audit testing. Why does an auditor do it? What types of audit work are normally accomplished in the interim period(s)
Calculate the initial cash outlay : Assuming that these cash inflows satisfy exactly BackInSoon's required rate of return of 8 percent, calculate the initial cash outlay
What is greenlandic pull''s total market value : Their preferred stock has a book value of $500,000, is currently trading at $90, and earns a dividend of $3.00. Their tax rate is 21%.

Reviews

Write a Review

Finance Basics Questions & Answers

  Growth enterprises believes its latest project which will

npvirr. growth enterprises believes its latest project which will cost 50000 to install will generate a perpetual

  Which two candidates are likely to win

Bilkis Brans has 20,000 outstanding shares with four shareholders. Ester owns 9,000 shares, Mendez owns 4,000 shares, Judy owns 4,000 shares.

  What is the company net working capital

The company had cash and marketable securities worth $1,235,455, accounts payables worth $4,159,357, inventory of $7,121,599, accounts receivables of $3,488,121, short term notes payable worth $1,151,663 and other current assets of $121,455. What ..

  Computing the future value at retirement

Your first contribution will be made on your 31st birthday and will be 8% of this year's salary. Likewise, you expect to deposit 8% of your salary each year until you reach age 65. Assume that the rate of interest is 10%.

  Find the imputed interest income

A newly issued 20-year maturity, zero-coupon bond is issued with a yield to maturity of 8.0% and face value $1,000. Find the imputed interest income.

  What is the dividend payout ratio

Last year, Blakely's Fashions earned net income of $68,400 and had 12,000 shares of stock outstanding. The dividends per share were $2.20. What is the dividend payout ratio?

  Short paper on assigning risk in various regions

Select a geopolitical entity to focus on (e.g.: European Union, BRIC nations, African subcontinent, Middle East, etc.). Then, identify and analyze the risk in these regions.

  How many customers make the system for cow chips

If the average customer payment in this region is $5,700, how many customers each day, on average, are needed to make the system profitable for Cow Chips?

  When and why would nonprobability sampling methods be used

Under what conditions is sampling bias likely to occur, what are its effects on generalization, and how can it be avoided?

  What financing strategy would you recommend for boeing

Boeing Commercial Airplane Co. manufactures all its planes in the United States and prices them in dollars, even the 50% of its sales destined for overseas markets. What financing strategy would you recommend for Boeing? What data do you need?

  In 2009 drago company reported earnings per share of 950

in 2009 drago company reported earnings per share of 9.50 when its stock was selling for 228. in 2010 its earnings

  Practice of public relations edition

Question: Its for my class on Public Relations. BOOK: ISBN number is 9780134170114. It's called The Practice of Public Relations edition 13.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd