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Mandarinka [93]
3 years ago
6

A firm has $300 million of assets that includes $40 million of cash and 10 million shares outstanding. If the firm uses $30 mill

ion of its cash to repurchase shares, what is the new price per share Group of answer choices $42.00 $24.00 $36.00 $30.00
Business
1 answer:
Marina CMI [18]3 years ago
4 0

Answer:

$30.00

Explanation:

Repurchased Shares are called the treasury share, The treasury shares account is contra equity account, which is adjusted in the equity value. After repurchase the company has less outstanding shares than before.

As per given data

Total Asset = $300 million

Number of shares = 10 million

Per share value = $300 million / 10 million = $30 per share

After Repurchase

Total Asset = $300 million - $30 / 10 million - ($30 million / $30)

Total Asset = $270 / 10 million - 1 = $270 million / 9 million = $30 per share

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Paramedics require excellent mechanical skills. <br><br> True<br><br> False
UkoKoshka [18]
False.)
Why? Paramedics have the minimal amount of machines to manage, they’re more versed in having excellent skills in well, being paramedics, lol. Hope this helps and good luck!! :)
6 0
3 years ago
Read 2 more answers
A researcher conducting behavioral research collects individually identifiable sensitive information about illicit drug use and
barxatty [35]

Placed the subjects at a greater risk of psychological and social harm from the breach in confidentiality of the study data than was previously known or recognized.

Further Explanation:

Illicit drug:

Illicit drugs are substances that either animate, (for example, cocaine or amphetamines) or repress, (for example, heroin or narcotic hypnotics) the focal sensory system or cause psychedelic impacts, (for example, pot or LSD) such that their utilization has been denied all around.  

Illicit practices:  

Conduct disregarding a law, or in spite of open strategy or a crucial standard of a legitimate framework. It additionally incorporates production of understandings that are denied in law  

Psychological risks:

Psychological risks might be experienced during support in the exploration as well as a short time later because of taking an interest in the examination. These dangers incorporate nervousness, stress, dread, disarray, humiliation, wretchedness, blame, stun, loss of confidence, as well as changed conduct.  

Researcher conducting behavioral:

A specialist directing conduct research gathers independently recognizable touchy data about unlawful medication use and other illicit practices by looking over undergrads. An analyst directs a center gathering to find out about frames of mind towards cleanliness and infection anticipation.

Subject: business

Level: college

Keywords: Illicit drugs, Illicit practices, Psychological risks, Researcher conducting behavioral.  

Learn more about evolution on:

brainly.com/question/10797267

brainly.com/question/11693703

6 0
3 years ago
Read 2 more answers
On September 3, 20X8, Jackson Corporation purchases goods for a U.S. dollar equivalent of $17,000 from a Swiss company. The tran
klasskru [66]

Answer:

A.

DR Foreign Currency Transaction loss 1,000

CR Accounts Payable (SFr) $1,000

Explanation:

When the transaction was agreed on September 3, 20X8, the exchange rate was;

$0.85  : 1 franc

Therefore the $17,000 was valued at;

= 17,000/0.85

= 20,000 francs

When the transaction was paid for however, on October 10, the Franc had gained on the dollar by;

= 0.9 - 0.85

= $0.05

This means that the dollar got weaker by $0.05 so the company made a loss of

= 20,000 francs * 0.05

= 1,000 francs

This will be recorded as;

DR Foreign Currency Transaction loss 1,000

CR Accounts Payable (SFr) $1,000

7 0
3 years ago
HIGH SCHOOL
Mariulka [41]

Answer:

80 points

Explanation:

The credit score increases by 10 points for every $250 paid.

The current balance is $4500; the balance is down to $2500 by the end of the year.

It means a payment of $2000 had been made. ( $4500 - $2500)

$2000 has eight batches of $250 ( $2000/250)

A payment of $250 increase credit score by 10 points

$2000 payment is equivalent to 8 payments.

credit score will increase by 8 x 10 points

=80 points

6 0
4 years ago
Profit or Loss on New Stock Issue Security Brokers Inc. specializes in underwriting new issues by small firms. On a recent offer
ExtremeBDS [4]

Answer and Explanation:

The computation of profit or loss is shown below:

The formula used is

= (Price × number of shares) - proceeds to Beedles - out of pocket expenses

a. For $5 per share

= ($5 × 3 million shares) - $14,000,000 - $340,000

= $15,000,000 - $14,000,000 - $340,000

= $660,000

b. For $6.25 per share

= ($6.25 × 3 million shares) - $14,000,000 - $340,000

= $18,750,000 - $14,000,000 - $340,000

= $4,410,000

c. For $5 per share

= ($4.25 × 3 million shares) - $14,000,000 - $340,000

= $12,750,000 - $14,000,000 - $340,000

= -$1,590,000

5 0
3 years ago
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