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poizon [28]
4 years ago
5

The Greenbriar is an all-equity firm with a total market value of $584,000 and 22,800 shares of stock outstanding. Management is

considering issuing $197,000 of debt at an interest rate of 10 percent and using the proceeds on a stock repurchase. Ignore taxes. How many shares will the firm repurchase if it issues the debt securities
Business
1 answer:
stepladder [879]4 years ago
6 0

Answer:

7,691 stocks

Explanation:

total market value = $584,000

total outstanding stocks = 22,800

price per stock = $584,000 / 22,800 = $25.614 per stock

management can repurchase $197,000 / $25.614 per stock = 7,691.1 = 7,691 stocks

stocks outstanding after repurchase = 22,800 - 7,691 = 15,109 stocks

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Signal mistakenly produced 1,450 defective cell phones. The phones cost $64 each to produce. A salvage company will buy the defe
posledela

Answer:

Incremental income from reworking the phone   is $49,300

Explanation:

                         Scrap              Rework

Sales                $46,400          $214,600

                        <em>(32 * 1,450)      (148 * 1,450)</em>

<em />

- Rework costs       0                   $118,900

                          <u>                         </u><em><u>(82 * 1,450)</u></em>

Profit                 <u>$46,400            $95,700</u>

Incremental income from reworking the phone  

= $95,700 - $46,400

= $49,300

5 0
4 years ago
Sam's (single taxpayer) year 2 taxable income was $175,000 with a corresponding tax liability of $30,000. For year 3, Sam expect
Dahasolnce [82]

Answer:

$33,000

To avoid penalties, if a taxpayer owes $1,000 or more in tax payments beyond withholdings, such taxpayer will need to have paid in for taxes the lesser of:  90% of the current year's tax ($50,000 x 90%) = $45,000, or  100% of the previous year's tax ($30,000 x 100%) = $30,000  

However, if the taxpayer had adjusted gross income in excess of $150,000 in the prior year, 110% of the prior year's tax liability is used to compute the safe harbor for estimated payments. (Previous year's tax $30,000 x 110% = $33,000).

Explanation:

4 0
3 years ago
The positive thinking is necessary to develop decision making skill​
ella [17]
<h3><em>Answer:</em></h3><h2><em>Answer:Yes it is true statement that the positive thinking is necessary to develop decision making skill. Without positive thinking we can't fulfill our work .If we have to make skill then positive thinking is necessary.</em><em> </em><em>In </em><em>negative</em><em> </em><em>thinking </em><em>we </em><em>can't</em><em> </em><em>make </em><em>our </em><em>decision</em><em> </em><em>what</em><em> </em><em>to</em><em> </em><em>do</em><em> </em><em>but</em><em> </em><em>if </em><em>we </em><em>think</em><em> </em><em>positively</em><em> </em><em>we </em><em>see </em><em>all </em><em>thing </em><em>positive</em><em> </em><em>but </em><em>we </em><em>see </em><em>all </em><em>negative</em><em> </em><em>if </em><em>we </em><em>have </em><em>think </em><em>negatively.</em><em> </em><em>So </em><em>the </em><em>positive</em><em> </em><em>thinking</em><em> </em><em>is </em><em>necessary</em><em> </em><em>to</em><em> </em><em>develop</em><em> </em><em>decision</em><em> </em><em>making </em><em>skill</em><em /></h2>
6 0
3 years ago
Lucille is no longer eligible for her state Medicaid program and has lost her eligibility for the D-SNP in which she is enrolled
aniked [119]

Lucille will need to be responsible for all costs including premiums, copayments, and deductibles, among others.

This program requires cost sharing, matching, or leveraging as described under. Cost-sharing is needed for studies projects to be eligible for investment through HUD's non-competitive cooperative agreement authority.

Fee-sharing reduces charges (because it saves your medical insurance organization cash) in methods. First, you're paying a part of the invoice; since you're sharing the cost along with your coverage organization, they pay less.

Individuals and families with earning as much as 250 percent of the poverty line are eligible for cost-sharing discounts if they are eligible for a top-class tax credit and buy a silver plan thru the health insurance market in their nation.

Learn more about the responsibility for cost-sharing here: brainly.com/question/14868859

#SPJ4

3 0
2 years ago
General Plastics Corporation instituted a new absenteeism control policy that took effect the first day of June. It expects the
True [87]

Answer: B. The indicator of success was inappropriate.

Explanation:

The new policy was implemented to get 25% reduction in absenteeism. However, if vacations are also counted as absenteeism how would one specify if the policy introduced was successful or not?

Therefore, the success parameter was vague and there should be other parameters in order to judge the success of the new policy implemented.  

6 0
4 years ago
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