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fiasKO [112]
3 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]3 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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Answer:

Correct option is D.

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Total cost associated with Job. No. 432 = $57,000 + $54,000 + $89,500 = $200,500

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3 years ago
What is the process of converting illegally earned assets to conceal their origin?
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Answer:

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Explanation:

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The joint return rates still validly

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A prokaryotic cell wall that has primarily peptidoglycan with small amounts of teichoic acid and lipoteichoic acid is: gram positive.

<h3>What is a prokaryotic cell wall?</h3>

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