If 150 million shares of common stock are issued with a par value of $3 and additional paid-in capital is $900 million, the total par value of the issued shares is:
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If 150 million shares of common stock are issued with a par value of $3 and additional paid-in capital is $900 million, the total par value of the issued shares is:
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- 4 POINTNational Power has 1020000 shares outstanding. Each share sells for $25. The company wants to raise $5100000 in new equity. Suppose the exercise (subscription) price is set at $15 per share. Calculate the Number of Shares per Right.Sunstrand Incorporated has 190 million shares of common stock priced at $116, 13 million shares of preferred stock priced at $50 and 18 million bonds priced at $1075. What is the weight of common stock in Sunstrand's capital structure?
- A stock has 94 million shares outstanding, with a current share price of $3.53 per share. If the firm's book value of equity is $120 million, what is its market-to-book ratio?Company E has 4 million shares of stock outstanding, 1 million shares of preferred stock, and 20,000 bonds. If the common shares sell for $28 per share, the preferred shares sell for $18.50 per share, and the bonds are selling for 97% of par, what would be the weights used in the calculation of Company E’s Weighted Average Cost of Capital (WACC)?Harper Industries has $900 million of common equity on its balance sheet; Its stock price is $64 per share; and its market value added (MVA) is $190 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. common shares
- Bernard Corporation wants to obtain P4 million in its first public issue of common stock. After the issuance, the total market value of a stock is estimated at $10 million. At present, there are 120,000 closely-held shares. REQUIREMENTS: (a) What is the amount of new shares that must be issued to obtain the P4 million? (b) After the stock issuance, what will be the expected price per share?The following data is available for Sheffield Service Corporation at December 31, 2020: Common stock, par $10 (authorized 100000 shares) Treasury Stock (at cost $15 per share) $413000 O 41300 O 50000 O 37700 O 48200 54000 Based on the data, how many shares of common stock are outstanding?Harper Industries has $900 million of common equity on its balance sheet; its stock price is $20 per share; and its market value added (MVA) is $60 million. How many common shares are currently outstanding?
