1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
BartSMP [9]
2 years ago
11

If Chester Corp. were to buy all of it's shares outstanding at its current price, how much would it cost Chester Corp, excluding

brokerage fees?
Business
1 answer:
Anvisha [2.4K]2 years ago
6 0

Answer:

$82, 727, 931

Explanation:

At a present stock price of $24.40 , the cost of buying all outstanding 3,390, 489 shares is calculated by multiplying the present stock price by the total outstanding shares 24.40 * 3, 390, 489 = 82, 727, 931

You might be interested in
Which of the following is a service-based business? (Select the best answer.)
Talja [164]
A house cleaning company 
5 0
3 years ago
Flint Inc. has decided to purchase equipment from Central Michigan Industries on January 2, 2017, to expand its production capac
ddd [48]

Answer:

Please see the answers below:

Explanation:

1.

Debit: Equipment         $912,000

Credit: Notes Payable                 $912,000

To record purchase of equipment at zero interest bearing note Central Michigan.

2.

Debit: Notes Payable        $182,400

Debit: Interest Payable      $20,064

Credit: Cash                                     $202,464

To record Cash Payment of 1st year Installment and Interest.

3.

Debit: Notes Payable        $182,400

Debit: Interest Payable      $20,064

Credit: Cash                                     $202,464

To record Cash Payment of 2nd year Installment and Interest.

4.

Debit: Depreciation Expense          $91,200

Credit: Accumulated Depreciation               $91,200

To record Depreciation Expense on Equipment over the life of 10 years with no salvage value. (Straight Line Depreciation is employed).

6 0
2 years ago
dentify a true statement about sales-oriented firms. a. They target their products to specific groups of people. b. They recogni
stellarik [79]

Answer:

Correct answer is (d). They target their products at "everybody" or the "average customer."

Explanation:

Every sales-oriented firms want more customers and want to make more profit by selling to as many customers as possible, this makes them to seek and target their products to every potential buyers and other average customers available.

6 0
3 years ago
Angela's monthly disposable income is ​$2 comma 3682,368. She has monthly expenses of ​$2 comma 1272,127 ​(including recreationa
Alchen [17]

Answer:

12.88%

Explanation:

Angela's disposable income $2,368

monthly expenses including recreational expenses ($2,127)

net cash flow $241

after expenses are reduced by $64, her net cash flow will increase to $305

Angela's monthly savings rate = (net cash flow / disposable income) x 100 = $305 / $2,368 = 12.88%

A person's savings rate is how much money they save (do not spend) compared to their total disposable income.

5 0
2 years ago
What kind of tectonic boundary is currently responsible for creating the himalayas?
natta225 [31]
The answer to this question is <span>Continent Convergent Boundary
</span><span>Continent Convergent Boundary refers to the boundary where two tectonic plates experiencing active deformation.
The friction and other type of force made by these plates often caused the land to wend upwards and forming the mountains that we see today.</span>
6 0
3 years ago
Other questions:
  • The reasons why business use team dynamic theories to understand team performance
    13·1 answer
  • Which of the following actions would improve your credit score?
    5·1 answer
  • Matt plans to start his own business once he graduates from college. He plans to save $1,400 every six months for the next five
    8·1 answer
  • One retail trend resulting from economic conditions is​ ________.
    8·1 answer
  • You consider purchasing a new computing system, including networking, for your sales force for $112,000. The system has a 6-year
    11·1 answer
  • "The money multiplier is equal to the _______________ in the economy divided by the original _________________. a. total money;
    7·1 answer
  • Andy works at AZ Corporation. He has been working very hard and feels he deserves a pay hike. He wants to seek a meeting with An
    10·1 answer
  • When Scott Calvin (Tim Allen) tries on a Santa suit, he discovers that he has assumed all of Santa's responsibilities. Calvin tr
    14·1 answer
  • The journal entry to record the purchase of materials on account in process cost accounting is a(n): Multiple choice question. i
    9·1 answer
  • In the neoclassical model, the as curve shifts to the right over time as_______________________ and potential gdp expands.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!