How many common shares are currently outstanding

Assignment Help Financial Management

Reference no: EM131814605

Harper Industries has $100 million of common equity on its balance sheet; its stock price is $64 per share; and its market value added (MVA) is $40 million. How many common shares are currently outstanding? Write out your answer completely. For example, 5 million shares should be entered as 5,000,000. Round your answer to the nearest whole number, if necessary.

Reference no: EM131814605

Questions Cloud

Aapl or rrd or combination : Suppose you had $1000 to invest on September 30, 2016 and you had the option of choosing either AAPL or RRD or combination of the two

Compute bowwow gross profit : In 2010, the BowWow Company purchased 11608 units from its supplier at a cost of $ 11 per unit. compute BowWow's gross profit for 2010.

Widgets report as earnings before interest and taxes : What did Wilma's Widgets report as earnings before interest and taxes (i.e., operating profit) in 2010?

Ebit and taxable income must be interest expense : The difference between EBIT and taxable income must be interest expense.

How many common shares are currently outstanding : Its market value added (MVA) is $40 million. How many common shares are currently outstanding?

Company follows residual dividend policy : Casper Co. has a capital budget of $10,000,000. If the company follows a residual dividend policy, what will be its total dividend payment, if any?

True concerning mortgage securitization : Which of the following is true concerning mortgage securitization? Which of the following statements is true concerning so-called "shadow banking?"

Rates on baa corporate bonds and us treasury bonds : During the 2007-2009 Financial Crisis, credit spreads between rates on Baa corporate bonds and US Treasury bonds

Investment opportunity : You have an investment opportunity in Japan. What is the NPV of this investment? Is it a good opportunity?

User Account

All Pages