Blasco's Has a Market Value Equal to Its Book Value

question 81

Multiple Choice

Blasco's has a market value equal to its book value.Currently,the firm has excess cash of $1,332,other assets of $11,674,and equity of $7,200.The firm has 1,200 shares of stock outstanding and net income of $838.Blasco's has decided to spend one-third of its excess cash on a share repurchase program.How many shares of stock will be outstanding after the stock repurchase is completed?

• A)937 shares
• B)1,050 shares
• C)1,126 shares
• D)1,578 shares
• E)1,584 shares

Understand the impact of therapists' expectations and the placebo effect on psychotherapy outcomes.

Comprehend the therapeutic mechanisms and efficacy of EMDR.

Recognize unscientific and harmful psychotherapy practices.

Understand the influence of social systems in therapeutic practices.

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