Corn mills has a market value equal to its book value. currently, the firm has excess cash of $1,200, other assets of $5,800, and equity valued at $3,750. the firm has 250 shares of stock outstanding and net income of $420.
what will the new earnings per share be if the firm uses 25 percent of its excess cash to complete a stock repurchase?

Boone brothers remodels homes and replaces windows. ace builders constructs new homes. if boone brothers considers expanding into new home construction, it should evaluate the expansion project using which one of the following as the required return for the project?

Four students are at an extracurricular activity fair at their high school and are trying to decide which clubs to join. some information about the students is listed in this chart: which describes which ctso each student should join?

Fractional reserve banking which of the following statements about fractional reserve banking are correct? check all that apply. fractional reserve banking allows banks to create money through the lending process. fractional reserve banking does not allow banks to hold excess reserves. fractional reserve banking allows banks to create additional wealth by lending some reserves. fractional reserve banking relies on everyone not withdrawing their money at the same time.