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fiasKO [112]
2 years ago
11

How much would it cost for Chester Corporation to repurchase all its outstanding shares if new brokerage fees totaled 1% of the

underlying transaction?
Select: 1

$85.3 million

$76.4 million

$83.7 million

$78.0 million

Business
1 answer:
Vinvika [58]2 years ago
6 0

Answer:

$78.0 million

Explanation:

Cost of repurchase = Number of shares*Share price/(1-1%)

Cost of repurchase = $3,352,720 * $23.02/(1-1%)

Cost of repurchase = $3,352,720 * $23.02/(1 - 0.01)

Cost of repurchase = $3,352,720 * $23.02/0.99

Cost of repurchase = $3,352,720 * $23.25

Cost of repurchase = $ 77,950,740

Cost of repurchase = $78.0 million

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As an HR specialist at a large auto manufacturer, you have noticed that many of the technicians employed by your firm are bored
amid [387]

Answer:

A. Implementing a job rotation program

Explanation:

Implementing a job rotation program basically gives a view of the entire business, it cross-train employees and nurtures a future talent for improvement. It can be beneficial to both employer and employee.

6 0
2 years ago
If expected return is less than required return on an​ asset, rational investors will​ ________.
DedPeter [7]
Sell the asset, which will drive down the price and cause the expected return to reach the level of the required return.
6 0
2 years ago
You have savings of $100. You plan to save another $100 at the beginning of each year for 5 years. The account pays annual inter
Brut [27]

Answer: The ending balance (principal plus interest) will be $638.10

Explanation:

To calculate this we need to use the Quarterly Interest formula

CI quarterly = P (1+ (R/4)/100)^4n

CI is the compound interest payable

I is the initial principal sum of money

R is the interest rate in percentage at which interest accrued over time

n is the time period in years

For the first year the total amount plus interests is

CI = $ 100 (1 + (8/4)/100)^4x1

CI = $100 (1 + 2/100)^4

CI= $100 (1 + 0.02)^4  

CI = $100* 1.0824

CI = $108.24

For the second year = $100+ $108.24= $208.24

CI = $ 208.24 * 1.0824

CI = $225.41

For the third year = $100 + $ 225.41 = $325.41

CI = $325.41 * 1.0824

CI = $352.23

For the fourth year = $100 + $ $352.23 = $452.23

CI  = $452.23 * 1.0824

CI = $ 489.51

For the fifth year =  $100+ $489.51 = $589.51

CI = $589.51 * 1.0824

CI = $ 638.10

8 0
2 years ago
Eckert Corporation's partial income statement after its first year of operations is as follows:
Arte-miy333 [17]

Answer:

A. $2,700,000

Explanation:

For computing the deduction amount for depreciation tax, first we have to calculate the total amount of deferred tax amount which is shown below:

Total Deferred tax amount = Deferred tax × (percentage value ÷ tax rate)

= $90,000 × (100% ÷ 30%)

= $300,000

And the depreciation expense in this year is $2,400,000

So, the total amount deducted would be

= $300,000 + $2,400,000

= $2,700,000

4 0
2 years ago
Is Faraj legally required to pay this additional amount in this case? Melissa Faraj owns a lot and wants to build a house accord
lubasha [3.4K]

Answer:

The issues that arises between the Faraj and Siegel can be discussed by three different groups in resolving the contract agreement.

Note: Kindly find an attached copy of the complete question below.

Explanation:

Solution

In this case between Faraj and Siege'ls building contractors the following issue are discussed by three groups as follows:

(1) The contractor can increase the price of finishing construction based on inflation and the cost of raising materials during inflation prices for the materials increases or goes up and this will affect the customer gradually.

(2) Faraj will not pay the additional amount requested by Siegel because according to the contract the amount she has to pay is $153,000

(3) Issues or problems that might come up during construction is listed below:

  • Poor communication
  • Not feasible or impractical forecasting
  • The unavailability of structure

3 0
2 years ago
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