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The Balance Sheet for Oasis,Inc

Question 92

Multiple Choice

The balance sheet for Oasis,Inc.is shown here in market value terms.There are 30,000 shares of stock outstanding. The balance sheet for Oasis,Inc.is shown here in market value terms.There are 30,000 shares of stock outstanding. The company has announced it is going to repurchase $40,000 worth of stock.What will the price per share be after the repurchase? A) $36.29 B) $38.17 C) $38.67 D) $39.42 E) $39.89 The company has announced it is going to repurchase $40,000 worth of stock.What will the price per share be after the repurchase?


A) $36.29
B) $38.17
C) $38.67
D) $39.42
E) $39.89

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