In previous years, Cox Transport reacquired 2 million treasury shares at $24 per share and, later, 1 million treasury shares at $27 per share. If Cox now sells 2 million treasury shares at $29 per share and determines cost as the weighted-average cost of treasury shares, by what amount will Cox's paid-in capital share repurchase increase? (Enter your answer in millions (i.e., 10,000,000 should be entered as 10).) Paid-in capital-share repurchase will increase by million

Q: Northstar Corporation is considering to pay $10,000 the shareholders. There are 1,000 shares…

A: Dividend to shareholders = $10,000 Number of shares outstanding = 1,000 Current share price = $50…

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A: The computations as follows: New owners spend $19.68 million, providing a share of equity equal to…

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A: Computation:

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A: Shareholder Equity: It can be described as the residual claim of the owners of the company after all…

Q: Over the years, Masterson Corporation’s stockholders have provided $34,000,000 ofcapital when they…

A: STOCK HOLDERS EQUITY = $34,000,000 NUMBER OF SHARES = 2,000,000 SELLING PRICE = $28

Q: What is the dividend payout ratio?

A: The correct answer is 60%

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A: Ordinary Shares: Ordinary shares, otherwise called equity shares, are characterized as portions of…

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A: The value of the firm derives from the value of shares. It depends upon the repurchase decisions as…

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A: Value of equity is the value of the shares of a company and its loans that the shareholders have…

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A: Repurchasing of shares means buy back of shares from public in return of cash.

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A: The dividend is part of the profits given by the company to its shareholders. Preferred…

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A: The Modigliani-Miller theorem (MM) states that the market value of a company is calculated by its…

Q: If a company has 2240 million shares outstanding and each share is worth AUD 3.60 the market…

A: Shares outstanding will be all of a company's shares that have already been approved, issued, and…

Q: Angina Inc. has 5 million shares outstanding. The firm is considering issuing an additional 1…

A: Calculate the net proceedings as follows:

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A: Accounting equation is  Total Assets = Total liabilities + equity

Q: Suppose a Sam's company in CA, completes an $95 million IPO priced to the public at $50 per share.…

A: Solution We are provided with the following information Amount raised from IPO = $ 95 million = $…

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A: The question is related Dividend policy. The details are given. The Price of Share is calculated…

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A: Treasury Stock: It refers to the shares reacquired by the corporation that are already issued to the…

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A: The share price is the current market price of the share. It is the price of the share at any…

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A: Calculation of the existing EPS (Earnings per Share) is shown below:

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A: GIVEN, CAPITAL =$15,950 price per share = $44 number of outstanding shares = 950

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A: Paid-in Capital Paid-in capital is refer as the payment which are received from investors in return…

Q: The following excerpt is from an article reported in the May 7, 2014, online issue of Bloomberg.…

A: Buyback of SharesRetire stock:Buy back of shares from the shareholders by paying cash and obtaining…

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A: Here indicating the subject of Transfer of wealth which are incurred with both old shareholders and…

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A: Equity value = $660000 Number of shares = 13000 Stock dividend = 10%

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A: Dividend is the amount of return on the shares of an entity.

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A: Debt to Equity Ratio: This ratio is applied for the evaluation of the business's financial…

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A: Retired stock: Buy back of shares from the shareholders by paying cash and obtaining the status of…

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A: Number of new shares to be raised = Additional Amount to be raisedSubscription Price…

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A: Number of common stocks = 5 million Number of preferred stocks = 2 million Number of bonds = 20000…