blossom company has 30,000 shares outstanding. each share has a market value of $20. if the firm repurchases th$234,000 worth of shares, then what will be the value of each share outstanding aft the repurchase?
Added by Encarnacion P.
Step 1
Total market value = Number of shares outstanding × Market value per share Total market value = 30,000 shares × $20/share = $600,000 Show more…
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