Select Financial Data for Ewing Oil Inc A)167B
B)1

question 41

Multiple Choice

Select financial data for Ewing Oil Inc. is provided in the table below. Ewing Oil repurchased $4.75B worth of shares during the year at an average price of $25. How many shares are outstanding at the end of the year? Ewing Oil Inc.
Selected Financial Information
$$\begin{array} { | l | c | } \hline \text { Shares outstanding at beginning of Year } & 1.86 \mathrm {~B} \\\hline \text { Price at beginning of Year } & \$ 25 \\\hline \text { Value of company beginning of Fiscal } & 46.5 \mathrm {~B} \\\hline\end{array}$$

• A)1.67B
• B)1.86B
• C)1.97B
• D)2.05B
• E)2.19B

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Definitions:

Speeches

Formal addresses or talks delivered to an audience, often with the purpose of informing, persuading, or entertaining.

Personal Selling

A method of selling that involves direct interaction between a sales representative and a potential customer, usually in a face-to-face manner, aiming to persuade the customer to make a purchase.

Two-Way Flow

Communication or interaction that involves back-and-forth exchange of information, ideas, or materials between two parties or points.

Salesperson

An individual who sells products or services directly to customers, aiming to meet their needs and secure transactions.