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BartSMP [9]
2 years ago
11

If Chester Corp. were to buy all of it's shares outstanding at its current price, how much would it cost Chester Corp, excluding

brokerage fees?
Business
1 answer:
Anvisha [2.4K]2 years ago
6 0

Answer:

$82, 727, 931

Explanation:

At a present stock price of $24.40 , the cost of buying all outstanding 3,390, 489 shares is calculated by multiplying the present stock price by the total outstanding shares 24.40 * 3, 390, 489 = 82, 727, 931

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Answer the following question based on the article "The Mystery of Original Sin: We Don't Know Why God Permitted the Fall, but W
Alexandra [31]

Answer:

D) He wants us to learn that having Him at the center of our lives will always be the best for us no matter how big or small the decisions we must face.

Explanation:

The article exposes that dehumanization is part of the world we're living in today. Marguerite Shuster argues that the world we're living in today is Genesis 3 world.

What's wrong with this world? "As the story goes, Chesterton responded with just two words: "I am." His answer is unlikely to be popular with a generation schooled to cultivate self-esteem, to pursue its passions and chase self-fulfillment first and foremost."

Then Shuster's invitation is to recenter our lives at Him.

References:

Shuster , M. (2013). The Mystery of Original Sin: We don’t know why God permitted the Fall, but we know all too well the evil and sin that still plague us. Christianity Today, 57(3), 38-41

Shuster, Marguerite. “Did God Plan the Fall?” ChristianityToday.com, Christianity Today, 24 Sept. 2018

8 0
2 years ago
A bond with a coupon rate of 7% makes semiannual coupon payments on January 15 and July 15 of each year. The Wall Street Journal
VladimirAG [237]

Answer:

The invoice price of the bond will be $100,127.88

Explanation:

Bonds are nothing but the debt instrument which a company uses to raise capital from the general public, these bonds can be of both short and long term period.

In the question it is given that bond has a coupon period of 182 days which means the bond is of short term period. Coupon rate of 7% means the bond gives the interest of 7% to its holder semiannually every year on January 15 and July 15.

It is given that the ask price for the bond on January 30 is 100.125 percent on par value of the bond which we are assuming to be $1000, which means the ask price is

$1000 X 100.125 = $100,125    ( ASK PRICE)

now we have to calculate the interest, remember the semiannually payment of interest has already been made on January 15 which means we have to find interest for only 15 days which will be taken out on par value

INTEREST = $1000 x 7% x 15 / 30

                 = $1000 x .07 x 1/ 2

                 = $35

INVOICE PRICE = INTEREST X \frac{TOTAL \: NUMBER \: OF \: DAYS}{COUPON \: PERIOD}   + Ask price

        =  $35 X 15 / 182

        = $2.884

Now adding this amount in to ask price

$100,125 + $2.884

= $100,127.88  ( INVOICE PRICE)

7 0
2 years ago
According to the BRANDZ model of brand strength, brand building involves people progressing through a sequential series of steps
Rasek [7]

Answer:

<u>A) Presence</u>

Explanation:

A brand is simply an identifying mark of a particular product manufactured by particular company.

The BRANDZ MODEL developed by Millward Brown and WPP looked at how brand building connects with customer issues.

By knowing how long a product brand has been in existence people can the question what do I know about it?

4 0
2 years ago
Falmouth Corporation's debt to equity ratio is 0.6. Current liabilities are $120,000, long term liabilities are $360,000, and wo
Digiron [165]

Answer:

$1,280,000        

Explanation:

We know that

Debt to equity ratio = Debt ÷ total equity

0.6 = $360,000 + $120,000 ÷ total equity

0.6 = $480,000 ÷ total equity

So, the total equity = $800,000

In the balance sheet, the assets, liabilities, and stockholder equity is recorded. In this the accounting equation is used which is shown below:  

Total assets = Total liabilities + stockholder equity  

                    = $480,000 + $800,000

                    = $1,280,000

8 0
2 years ago
Reporting Financial Statement Effects of Bond Transactions Lundholm, Inc., which reports financial statements each December 31,
saw5 [17]

Answer:

                            Lundholm, Inc

                            Journal Entries

Date          Account Titles                   Debit          Credit

May 1, 18   Cash                                $500,000

                       Bonds payable                               $500,000

                 (To record the bond issuance)                  

31 Oct, 18  Interest Expenses           $22,500

                 (500000*9%*6/12)

                         Cash                                               $22,500

                 (To record payment of the first semiannual period’s interest)

Nov 1, 19  Bonds payable                  $300,000

                Loss on Bonds                  $3,000

                          Cash                                                $303,000

                 (To record retirement the bonds at 101 on November 1, 2019)

8 0
2 years ago
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