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:

Rewards

Benefits or compensations given in recognition of one's effort, performance, or service.

Leaders

Individuals who influence and guide others within an organization or group toward achieving objectives.

Life Cycle

The sequence of stages through which a living organism or a project passes from its inception to its conclusion or cyclical return.

Consolidation

The process of combining multiple parts into a single, more efficient or coherent structure, often referring to business operations or financial activities.