BUSINESS COLLEGE

ECB Co. has 1.15 million shares outstanding selling at $24 per share. It plans to repurchase 97,000 shares at the market price using its cash reserves. What will be its market capitalization after the repurchase? What will be its stock price?

Answers

Answer 1
Answer:

Answer: $24

Explanation:

From the question, ECB will have a market capitalization of:

= $24 × 1,150,000

= $27,600,000

We are further told that It plans to repurchase 97,000 shares at the market price using its cash reserves, therefore it will need to pay:

= $24 × 97,000

= $2,328,000

The new market capitalization will be:

= $27,600,000 - $2,328,000

= $25,272,000

Its share price will now be:

= $25,272,000/(1,150,000 - 97,000)

= $25,272,000/1,053,000

= $24

The stock price is still $24

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The asset's book value is $64,800 on June 1, Year 3. On that date, management determines that the asset's salvage value should be $6,400 rather than the original estimate of $11,400. Based on this information, the amount of depreciation expense the company should recognize during the last six months of Year 3 would be:a. $2,366.37
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Answers

Answer:

$2,316.67

Explanation:

From the question we know that the asset is depreciated in 3 years

The monthly depreciation expenses before re-determine savage value

= ($64,800-$11,400)/36 = $1,483.33

Because management determine to reduce $5,000 in salvage value (=$11,400-$6,400) just before 6 months ending depreciation period, then we have to allocate $5,000 in next 6 months.

The depreciation expense during the last six months of Year 3 would be:

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Communication is the transmission of information and meaning from one individual or group to another. The central objective of communication is to transmit meaning. The communication process is generally defined in five steps: the sender has an idea, the sender encodes the idea in a message, the message travels over a channel, the receiver decodes the message, and feedback travels to the sender. Complete the sentence with the most appropriate choice.
The process of translating ideas into words that will convey meaning is referred to as _______.
The ______ is the medium over which a message is transmitted.

Answers

Answer:

The correct words for the blank spaces are: decoding; channel.

Explanation:

Decoding refers to the action in which the receiver of a message interprets the meaning of the message that the sender transmits. The opposite process of decoding is the encoding in which the meaning is translated into words to create a new message.

The message is sent through a channel that can take different forms such as the phone, television, radio, newspapers, magazines, letters, or social media, to mention a few.

Final answer:

In the realm of communication, the process that involves turning ideas into words to communicate meaning is called encoding, whereas the medium or tool used to carry or transmit the message is called the channel.

Explanation:

The process of translating ideas into words that will convey meaning is referred to as encoding. The channel is the medium over which a message is transmitted. In the field of communication, encoding happens when the sender translates his or her idea into a language or signal that the receiver can understand.

The channel, on the other hand, is the medium or tool used to transmit the message, such as a letter, a telephone call, a speech, or an email.

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Answers

Answer:

C. Raw materials, work in process, and finished goods.

Explanation:

Inventories are materials which have monetary value, and are assets to a company. An inventory can in the form of RAW MATERIALS (inventories which has not be used or converted in the production process), A WORK IN PROGRESS (materials which are within the production or conversion process, they have been partially transformed but not yet completed) and the FINISHED PRODUCTS ALSO CALLED FINISHED GOODS(materials which has undergone complete Transformation and are ready to be sold to the market).

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Answers

Answer: It is Voidable

Explanation:

Samuel took advantage of his fiduciary responsibility is taking care of Juan to unfairly influence him to sell him a piece of land at a price 35% below market price. Juan as an old man who is TOTALLY dependant on Samuel, felt he had no choice but to agree as failure to do so will lead to Samuel no longer taking care of him and this could be quite disadvantageous to him.

There was UNDUE INFLUENCE and Coercion in this scenario which means Voluntary consent was lacking.

For this reason, the contract can be voided.

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Answers

Melissa's capital gain tax from the sale of her Bitcoin in 2021 for a long-term capital gain of $200,000, and as Head of Household is $30,000.

Data and Calculations:

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Answer:

hi so im thinking its $250,000 dollors probaly

Explanation:

You call a coworker to see if they can come help you solve a problem
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Answers

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