Use the Following Information to Answer the Question(s)below

question 82

Multiple Choice

Use the following information to answer the question(s) below.
Wyatt Oil has assets with a market value of $600 million,$70 million of which are cash.It has debt of $250 million,and 20 million shares outstanding.Assume perfect capital markets.
-If Wyatt Oil distributes the $70 million as a share repurchase,then its debt-to-equity ratio after the share repurchase will be closest to:

• A)0.9.
• B)1.0.
• C)1.1.
• D)1.4.

---

Definitions:

Chronically Anxious

A state of persistent and pervasive anxiety and worry that significantly impacts an individual's daily functioning and well-being.

Client-Centred Therapist

A therapist who practices a form of psychotherapy that emphasizes the importance of the therapist's empathy and unconditional positive regard towards the client.

Transference

A phenomenon in psychotherapy where a patient redirects feelings and desires, often unconsciously, from their past onto the therapist.

Emotional Support

Assistance provided through empathy and concern, offering comfort and reassurance to someone in need.