Payment for the use of a copyrighted work is called a

Omicron Technologies has $60 million in excess cash and no debt. The firm expects to generate additional free cash flows of $48

pochemuha

Answer:

The closest answer is option (A) $4.45

Explanation:

Solution

Now

Let us assume that Omicron spends the entire $60 million to re-bought shares.

Thus

The amount of the regular yearly dividends in the future is nearest to:

Enterprise value =$48/0.10 = $480 million

So

The market value = Enterprise value + cash = $480 + $60 = $540 million

Share price = market value / shares outstanding = $540 million / 12 million = $45

Now

The number of shares re-bought = $60 million / $45 = 1,333,333 shares

Shares outstanding = 12,000,000 - 1,333,333 = 10,666,667

Dividend = $48 million free cash flow / 10,666,667 = $4.49

Therefore The amount of the regular yearly dividends in the future is closest to $4.45

4 0

3 years ago

Maris Brothers Inc. needs a cash disbursement schedule for the months of April, May, and June following information in its prepa

Citrus2011 [14]

An swer:

June $975,286

April $1,118,052

May $1,076,856

Explanation:

Maris Brothers Inc.Schedule of Projected Cash Disbursements

April May June

Purchases (0.55 x sales)

April $542,000 ×0.55= $298,100

May $629,000×0.55=$345,950

June $657,000×0.55=$361,350

Cash purchases (.10)

April $542,000 ×0.10= $54,200

May $629,000×0.10=$62,900

June $657,000×0.10=$65,700

Payments of A/PLagged 1 month (0.45)

April $542,000 ×0.45= $243,900

May $629,000×0.45=$283,050

June $657,000×0.45=$295,650

Lagged 2 months(0.45)

April $542,000 ×0.45= $243,900

May $629,000×0.45=$283,050

June $657,000×0.45=$295,650

Rent payments

April $8,030

May $8,030

June $8,030

Wages and salaries

April $542,000 ×0.068+5,800= $42,656

May $629,000×0.068+5,800=$48,572

June $657,000×0.068+5,800=$50,476

Tax Payments

June $54,100

Fixed-asset outlays

April $74,000

Interest payments

June $30,400

Cash dividend payments

April $12,500

Total Cash Disbursements

June

($298,100 +$54,200+$243,900+$243,900+$8,030+$42,656+$54,100+$30,400)

=$975,286

April

($345,950+$62,900+$283,050+$283,050+$8,030+$48,572+$74,000+$12,500)

=$1,118,052

May

($361,350+$65,700+$295,650+$295,650+8,030+$50,476)

=$1,076,856

6 0

3 years ago

Tax laws permit installment sales, which are recognized in the year of sale for financial reporting purposes, to be reported in

Lera25 [3.4K]

Answer:

lower; higher.

Explanation:

Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.

The different types of tax include the following;

1. Income tax: a tax on the money made by workers in the state. This type of tax is paid by employees with respect to the amount of money they receive as their wages or salary.

2. Property tax: a tax based on the value of a person's home or business. It is mainly taxed on physical assets or properties such as land, building, cars, business, etc.

3. Sales tax: a tax that is a percent of the price of goods sold in retail stores. It is being paid by the consumers (buyers) of finished goods and services and then, transfered to the appropriate authorities by the seller.

Generally, installment sales are permitted or allowed by the tax laws in a country. Typically, they are recognized in the year of sale for the purpose of financial reporting. Also, installment sales for any goods or services are to be reported in the tax return, at a later time when cash is received from the customer (buyer).

This results in a deferred tax liability because taxable income is lower than financial income in the year of sale, and higher than financial income in later years when collected.

7 0

2 years ago

During December, Far West Services makes a $2,000 credit sale. The state sales tax rate is 6% and the local sales tax rate is 2.

Leno4ka [110]

Answer:

Total sales tax payable:170, sales :2000

Explanation:

Sale price x sales tax rate = sales tax payable

2000 x .085 (6%+2.5%) = 170

it doesn’t say so I’m assuming that the 2,000 credit sale does NOT include the sales tax due.

3 0

3 years ago

John from sales has just sent you an e-mail. He needs a decision made on the Johnson account as soon as possible. You can make t

pashok25 [27]

Answer

dis shmeat

Explanation:

7 0

2 years ago