XYZ Corporation is a fast growing construction firm which has a total outstanding shares of 1,880,000 shares. The shares is valued at PHP170 per share. As of 2019, XYZ has declared a loss of PHP 2,800,000. QUESTIONS 1. Assume that Mr. K, acquired 180,000 shares. How many percent is his stake in the corporation? 2. Who would shoulder the PHP 2,800,000 losses of XYZ? 3. Compute the price per share after 2019.

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter18: Initial Public Offerings, Investment Banking, And Capital Formation
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XYZ Corporation is a fast growing construction firm which has a total outstanding
shares of 1,880,000 shares. The shares is valued at PHP170 per share. As of 2019,
XYZ has declared a loss of PHP 2,800,000.

QUESTIONS
1. Assume that Mr. K, acquired 180,000 shares. How many percent is his stake in
the corporation?
2. Who would shoulder the PHP 2,800,000 losses of XYZ?
3. Compute the price per share after 2019.

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