8. Firms A and B participate in the same project and share the proceeds evenly. Neither firm has any other projects. Firm A has a debt of $2 million and 10000 shares outstanding. Each Firm A share is worth $50. Firm B has 5000 shares outstanding and no debt. How much is each share of B worth? Whose theorem did you use to calculate this?

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
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ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
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8. Firms A and B participate in the same project and share the proceeds
evenly. Neither firm has any other projects. Firm A has a debt of $2 million and
10000 shares outstanding. Each Firm A share is worth $50. Firm B has 5000
shares outstanding and no debt. How much is each share of B worth? Whose
theorem did you use to calculate this?
Transcribed Image Text:8. Firms A and B participate in the same project and share the proceeds evenly. Neither firm has any other projects. Firm A has a debt of $2 million and 10000 shares outstanding. Each Firm A share is worth $50. Firm B has 5000 shares outstanding and no debt. How much is each share of B worth? Whose theorem did you use to calculate this?
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