Shares trading at $ 94 in March 2013, the market capitalization of XYZ's common equity was $ 165.50 billion.  XYZ Company listed $ 21 billion of debt on its most recent balance sheet.  How many common shares were outstanding?  What value was the market placing on XYZ'S enterprise value (the value of the firm)?  XYZ Company listed 185 million shares in treasury stock on its balance sheet.  How many issued shares were there?  Select one: D a.  $ 19.45 billion Ob.  None of these c $ 1.945 billion 0 d $ 794,5 billion

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter7: Analysis Of Financial Statements
Section: Chapter Questions
Problem 3P: Winston Watch’s stock price is $75 per share. Winston has $10 billion in total assets. Its balance...
icon
Related questions
Question

Shares trading at $ 94 in March 2013, the market capitalization of XYZ's common equity was $ 165.50 billion.  XYZ Company listed $ 21 billion of debt on its most recent balance sheet.  How many common shares were outstanding?  What value was the market placing on XYZ'S enterprise value (the value of the firm)?  XYZ Company listed 185 million shares in treasury stock on its balance sheet.  How many issued shares were there?  Select one: D a.  $ 19.45 billion Ob.  None of these c $ 1.945 billion 0 d $ 794,5 billion 

Expert Solution
steps

Step by step

Solved in 3 steps with 2 images

Blurred answer
Knowledge Booster
Stock repurchase
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Intermediate Financial Management (MindTap Course…
Intermediate Financial Management (MindTap Course…
Finance
ISBN:
9781337395083
Author:
Eugene F. Brigham, Phillip R. Daves
Publisher:
Cengage Learning
Financial Accounting: The Impact on Decision Make…
Financial Accounting: The Impact on Decision Make…
Accounting
ISBN:
9781305654174
Author:
Gary A. Porter, Curtis L. Norton
Publisher:
Cengage Learning
Financial Accounting Intro Concepts Meth/Uses
Financial Accounting Intro Concepts Meth/Uses
Finance
ISBN:
9781285595047
Author:
Weil
Publisher:
Cengage
EBK CONTEMPORARY FINANCIAL MANAGEMENT
EBK CONTEMPORARY FINANCIAL MANAGEMENT
Finance
ISBN:
9781337514835
Author:
MOYER
Publisher:
CENGAGE LEARNING - CONSIGNMENT
Principles of Accounting Volume 1
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College
Excel Applications for Accounting Principles
Excel Applications for Accounting Principles
Accounting
ISBN:
9781111581565
Author:
Gaylord N. Smith
Publisher:
Cengage Learning