Check My Work eBook Harper Industries has $600 million of common equity on its balance sheet; its stock price is $40 per
Posted: Sun Jul 03, 2022 6:42 am
Check My Work eBook Harper Industries has $600 million of common equity on its balance sheet; its stock price is $40 per share; and its market value added (MVA) is $40 million. How many common shares are currently outstanding? Write out your answer completely. For example, 5 million shares should be entered as 5,000,000. Round your answer to the nearest whole number, if necessary common shares.