Answer:
$0.875
Explanation:
The computation of the stock price that changes upon the announcement is shown below:
As it given that
The corporate tax is 35%
So there is an effective disadvantage i.e. retention
Also, the stock price would be decline by 35% of cash
i.e.
= 35% × $250 million ÷ 100 million outstanding
= $0.875
Hence, the stock price is $0.875
Answer:
$436800
Explanation:
540000×65%= 351000(amount recievable for June)
440000×65%= 286000(amount recievable for July)
286000×30%= 85800
Since asking balance for 31 July
30% of credit sales in June has been collected in June and 70% of June credit sales has been
Collected in July
So take full amount credit sales of June of 351000(70%+30%=100%)+85800= $436800
Answer: False
Explanation:
The above statement is false because it was not created under accusation. According to the question, the buyer wasn't accused of anything.
Rather, the contract can be invalidated because the contact was created under duress. The buyer was forced to buy it and was under duress as the seller refused to leave his house. Therefore, the contact can be invalidated.
Answer:
According to strategy C would be better to adopt by jones, as this strategy allows for two ways to protect the $350000 in principal, while giving a chance to earn $450000.
strategy A must be discarded as it leaves jones to risk of extensive loss of principal.
check attachment for other answers
Explanation:
C. the bankruptcy code chapter under which the case is filed.