Answer:
Omicron Technologies
The number of shares that Omicron will repurchase is closest to:_____
1,000,000 shares.
Explanation:
Excess cash = $50 million
Free cash flows in subsequent years = $40 million per year
Dividends payment in most recent year = $40 million
Unlevered cost of capital = 8%
Outstanding common stock = 10 million shares
Dividend per share = $4 ($40,000,000/10,000,000)
Share price = dividend per share/unlevered cost of capital
= $50 ($4/0.08)
Number of shares to repurchase = $50,000,000/$50
= 1,000,000 shares
one qualifier to mediation is that although it may settle the surface problem, it may not solve any ongoing problem.
<h3>What is mediation?</h3>
Mediation can be regarded as procedure that is used by parties in solving their disputes.
Therefore, one qualifier to mediation is that although it may settle the surface problem.
Learn more about about mediation at: brainly.com/question/14084281
Answer:
Using the units-of-production method, the amount of depreciation expense would the company report in the income statement prepared for the year-ended October 31, 2018 = $ 228899
Explanation:
Given
Acquisition Cost of Equipment = $ 517,000+ $ 16700= $ 533,700
Total units of production= 29,700 hours
Residual Value = $ 6700
Units of Production= 12,900 hours
Formula:
Depreciation per unit= (Cost -Salvage value) / Total units of production* Units of Production
Depreciation per unit= ($ 533,700 - 6700/ 29700)*12900
Depreciation per unit=($ 52,7000 / 29700)*12900
Depreciation per unit=( 17.744)*12900
Depreciation per unit= 228898.98= $ 228899
As units of production are given we do not need to calculate it for half year. The depreciation is calculated for units of production.
Answer:
Schedule:
Journal entries:
equipment 113,515 debit
lease liablity 97,815 credit
cash 15,700 credit
--to record lease agrement and first payment.
interest expense 2,934 debit
lease liability 2,934 credit
--to record interest for the year 2021--
lease liablity 15,700 debit
cash 15,700 credit
--to record Jan 1st,2022 Payment--
Explanation:
As the payment are at the beginning there is no interest in the first period.
We record the expense for the year at Dec 31th Increasing the liability. When paying we increase decrease the liability and cash.
It is generally safer to travel in the right lane on the freeway, because faster, more aggressive drivers use the left and center lanes more often. Drivers traveling at slower speeds should use the right lane, as the speed of traffic increases as you move to the left.