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?
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)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter2: Graphical And Tabular Analysis
Section2.3: Solving Linear Equations
Problem 1TU: In the situation of the example, how long could you keep the car if your expense account allowed...
Related questions
Question
4
![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?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe0334823-d1ad-406c-8580-9ec7bca1a6cd%2F8bea379a-cb3a-4d36-b388-98b57d0d851c%2Fq135yro_processed.jpeg&w=3840&q=75)
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?
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 2 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![Functions and Change: A Modeling Approach to Coll…](https://www.bartleby.com/isbn_cover_images/9781337111348/9781337111348_smallCoverImage.gif)
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
![Big Ideas Math A Bridge To Success Algebra 1: Stu…](https://www.bartleby.com/isbn_cover_images/9781680331141/9781680331141_smallCoverImage.jpg)
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
![Glencoe Algebra 1, Student Edition, 9780079039897…](https://www.bartleby.com/isbn_cover_images/9780079039897/9780079039897_smallCoverImage.jpg)
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
![Functions and Change: A Modeling Approach to Coll…](https://www.bartleby.com/isbn_cover_images/9781337111348/9781337111348_smallCoverImage.gif)
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
![Big Ideas Math A Bridge To Success Algebra 1: Stu…](https://www.bartleby.com/isbn_cover_images/9781680331141/9781680331141_smallCoverImage.jpg)
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
![Glencoe Algebra 1, Student Edition, 9780079039897…](https://www.bartleby.com/isbn_cover_images/9780079039897/9780079039897_smallCoverImage.jpg)
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
![College Algebra](https://www.bartleby.com/isbn_cover_images/9781938168383/9781938168383_smallCoverImage.gif)
![College Algebra](https://www.bartleby.com/isbn_cover_images/9781337282291/9781337282291_smallCoverImage.gif)
![Algebra: Structure And Method, Book 1](https://www.bartleby.com/isbn_cover_images/9780395977224/9780395977224_smallCoverImage.gif)
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell