Common shares are currently outstanding


Problem:

Henderson Industries has $900 million of common equity; its stock price is $42 per share; and its Market Value Added (MVA) is $150 million.

Required:

Question 1: How many common shares are currently outstanding?

Question 2: Write out your answer completely. For example, 5 million shares should be entered as 5,000,000.

Note: Please show basic calculation

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Accounting Basics: Common shares are currently outstanding
Reference No:- TGS0888373

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