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123 Warehousing's debt has a market shares of common stock outstanding, calculations to two decimal places.)

123 Warehousing's debt has a market shares of common stock outstanding, calculations to two decimal places.)

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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123 Warehousing's debt has a market value of $60,163 million, and 123 Warehousing has no preferred stock. If 123 Warehousing has 450 million shares of common stock outstanding, what is 123 Warehousing's estimated intrinsic value per share of common stock? (Note: Round all intermediate calculations to two decimal places.) O $43.57 $133.70 O $44.57 $49.02
Transcribed Image Text:123 Warehousing's debt has a market value of $60,163 million, and 123 Warehousing has no preferred stock. If 123 Warehousing has 450 million shares of common stock outstanding, what is 123 Warehousing's estimated intrinsic value per share of common stock? (Note: Round all intermediate calculations to two decimal places.) O $43.57 $133.70 O $44.57 $49.02
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