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1 year ago

Stock repurchase The following financial data on the Bond Recording Company are

Business

1 answer:

Vilka [71]1 year ago

4 0

Answer:

a. 19,048

b. 2.1

c. $21

d. Before $2

After $2.1

e. Explanation of tax implication is below

Explanation:

a. Number of shares = Dividend per share × Number of shares outstanding ÷ cost per share

= 1 × 400,000 ÷ $21

= 19,048

b. Earning per share after repurchase = earnings ÷ (shares before-shares outstanding)

= $800,000 ÷ (400,000-19,048)

= 2.1

c. Market Price = Earning per share Price × Earning

= 2.1 × 10

= $21

d. Earning per share before = Earnings ÷ Before shares

= $800,000 ÷ 400,000

= $2

Earning per share after repurchase = $2.1

After share repurchase the earning per share has increased.

e) Price increased 21 dollars in share repurchased. The price remain constant in dividend payout the amount but additional 1 dollar in dividend the investors gains. If dividend is lesser than tax on capital gain then it will become drawback over collect dividend and vice versa.

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On December 31, 2016 before adjusting entries, Accounts Receivable for Nickolas Company had a debit balance of $200,000, and the

Karo-lina-s [1.5K]

Answer:

b. The balance of the Allowance for Doubtful Accounts will be $22,000 after adjustment.

Explanation:

If credit losses are estimated at 1% of credit sales than balance of allowance for doubtful account after adjustment will be = $6,000 + $1,600,000 * 1%

= $6,000 + $16,000

= $22,000

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1 year ago

Tuscan Inc. had a retained earnings balance of $60,000 at December 31, 2018. During the year, Tuscan had the following selected

GuDViN [60]

Answer:

$139,000

Explanation:

The computation of the retained earnings balance at December 31, 2019 is shown below:

= Beginning retained earning balance + depreciation charged yearly + net income - cash dividend paid

= $60,000 + $12,000 + $100,000 - $33,000

= $139,000

The depreciation in yearly is

= $1,000 × 12 months

= $12,000

Basically we applied the above formula to determine the ending balance

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2 years ago

The two broad categories of buying behavior are ____ and ____. a. psychological; social b. government; industrial c. consumer; p

Ede4ka [16]

A) psychological : social

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1 year ago

What do you feel would be a minimally acceptable rate of pay? (ex. $X.XX or $XX,XXX):_______.

Veronika [31]

Correct question: I do not know if this question is complete or not but if i understand you well enough, I'd say that the minimally acceptable rate of pay will be in accordance to what is obtainable in yur state or area. $X.XX represents pay per hour while $XX.XXX represents pay per year.

Answer:

I would say Negotiable to be on the safe side if you can't come up with a certain amount by yourself.

Explanation:

When you have to fill on an application and it gets to the rate of pay, you either be on the safer side and write Negotiable if you do not want to sell yourself short or be too pricey. But it is almost certain that the rate of pay applicable in your state or area is what you will be getting per hour.

I hope this helps.

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2 years ago

A spa has placed a magazine advertisement in a local women’s magazine. What technological feature have the owners incorporated i

mylen [45]

Answer: A. A QR code that is scanned and decodes information directly on the phone

Explanation:

This is the best option as QR codes are usually inserted into print media to give more information about something when they are scanned. They can even be used to give discounts.

Human technology has not reached the point where either pop-ups, interactive content, or image projections can appear on print media so options B through E are wrong.

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1 year ago