Use the Information for the Question(s)below

question 43

Multiple Choice

Use the information for the question(s) below.
Luther is a successful logistical services firm that currently has $5 billion in cash.Luther has decided to use this cash to repurchase shares from its investors,and has already announced the stock repurchase plan.Currently Luther is an all-equity firm with 1.25 billion shares outstanding.Luther's shares are currently trading at $20 per share.
-The market value of Luther's non-cash assets is closest to:

• A)$20 billion.
• B)$19 billion.
• C)$25 billion.
• D)$24 billion.

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Definitions:

Biculturalism

The existence or condition of being familiar with and comfortable in two different cultures, which can influence an individual's identity and interactions.

Assimilation

The process whereby people gradually shift almost entirely from their former culture to the beliefs and ways of the new culture.

Cultural Trauma

The profound impact of a traumatic event that affects a whole society or culture, leading to a shift in identity, values, or perception.

Integration

The process whereby people retain aspects of their former culture while internalizing aspects of a new host culture.