Use the Information for the Question(s)below

question 58

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.
-After the repurchase how many shares will Luther have outstanding?

• A)0.75 billion
• B)1.0 billion
• C)1.1 billion
• D)1.2 billion

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Definitions:

Nursing Assistant

A healthcare professional who provides basic care under the direction of nursing staff, often assisting with daily living activities and vital signs monitoring.

Monitoring

refers to the continuous or repeated observation of a patient's health status, often involving vital signs, to inform treatment decisions.

Blood Pressure Device

An instrument or machine used to measure the blood pressure in the arteries, typically comprising a cuff, a measuring unit, and a mechanism for inflation and deflation.

Calibration

The process of adjusting and setting the accuracy of a measurement instrument to ensure it meets its specifications and standards.