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slavikrds [6]
3 years ago
15

Based on its 1Q 2014 press release, what is the maximum $ amount the Coca-Cola Company expects to spend in repurchasing its shar

es during the current fiscal year. Please provide your answer in billions, with 1 decimal place (Ex: 6.2)
Business
1 answer:
OverLord2011 [107]3 years ago
4 0

Answer: $3.0 billion.

Explanation:

According to the Press Statement released by Coca-Cola on April 15, 2014 as found on the SEC website, the company plans to spend between $2.5 billion and $3.0 billion on share repurchases by the end of the 2014 fiscal year.

As at the end of the first quarter of 2014, the Company had already spent $713 million in share repurchases and so were optimistic about their repurchases plan.

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Consumer _____ refers to the personal, social, and economic significance of a purchase. Group of answer choices acculturative re
puteri [66]

Answer:

Consumer Involvement

Explanation:

Consumer Involvement refers to the level of importance a consumer places on a purchase. The consumer factors in the personal, social and economic significance of the product before going ahead to make the purchase. The levels of consumer involvement could be of three types, namely; low, medium and high involvement.  

A low involvement purchase is one in which the consumer does not give so much thought to before making the purchase. Example is household products like detergents. Medium Involvement purchase are those in which the consumer puts in some thought before acquisition. An example could be new clothes. High Involvement purchase require considerable thought and research before the purchase is made. An example could be a new car.

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3 years ago
What type of degree is earned after a masters degree
Makovka662 [10]
After a masters degree an individual can earn a doctorates degree
8 0
3 years ago
Read 2 more answers
Grouper Company issued $612,000 of 10%, 20-year bonds on January 1, 2020, at 102. Interest is payable semiannually on July 1 and
IrinaVladis [17]

Answer:

Bond issue:

Dr cash                               $624,240.00

Cr bonds payable                                                                       $612,000

Cr premium on bonds payable($624,240.00-$612,000)      $ 12,240

On 30 June:

Dr Interest expense                         $30,495.68  

Dr premium on bonds payable              $104.32  

Cr cash                                                                       $30,600

On 31 December :

Dr interest                                                                        $ 30,490.59  

Dr premium on bonds payable($30,600-$30,490.59)  $109.41

Cr interest payable                                                                             $30,600

Explanation:

The cash proceeds from the bond issuance is 102% of the face value of $612,000 i.e $ 624,240.00 (102%*$612,000)

The interest payment on 30 June=$612,000*10%*6/12=$30,600.00  

The interest expense on 30 June=$ 624,240.00*9.7705%*6/12=$30,495.68

amortization of premium=$30,600.00-$ 30,495.68=$104.32  

Carrying value of bond at 30 June=$ 624,240.00+$30,495.68 -$30,600=$624,135.68  

Interest expense on 31 December=$ 624,135.688*9.7705%*6/12=$30,490.59  

6 0
2 years ago
The two ethical ideals may be described as either _________ or ___________.
mote1985 [20]
The two ethical ideals may be described as either absolute or relative. The absolute ethic and the relative ethic are two types of ideals based on the subject affected by these ethics and the user of these ethics. The absolute ethic affects every subject without any additional consideration of a problem. The relative ethic affects every subject with the additional<span> consideration of a problem.</span>
8 0
3 years ago
Cobe Company has already manufactured 17,000 units of Product A at a cost of $25 per unit. The 17,000 units can be sold at this
iogann1982 [59]

Answer:

It is more convenient to continue processing.

Explanation:

Giving the following information:

Cobe Company has already manufactured 17,000 units of Product A for $25 per unit. The 17,000 units can be sold at this stage for $450,000. Alternatively, the units can be further processed at a $280,000 total additional cost and be converted into 5,800 units of Product B and 11,100 units of Product C. Per unit selling price for Product B is $100 and for Product C is $56.

We need to determine whether it is more convenient to sell the units now, or continue processing.

Sell now:

Income= 450,000 - (17,000*25)= $25,000

Continue processing:

Income= sales produc B + sales product C - joint cost - Product A cost

Income= 5,800*100 + 11,100*56 - 280,000 - (17,000*25)= $496,600

It is more convenient to continue processing.

4 0
3 years ago
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