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4 years ago

_____ are examples of selling raw materials.

Business

2 answers:

Sunny_sXe [5.5K]4 years ago

6 0

Answer:

Steel

Explanation: Steel is considered a raw resource.

Viefleur [7K]4 years ago

6 0

Answer:

Steal and coal

Explanation:

Raw materials are materials that are at its finest state, its most original.

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Stock Repurchases Gamma Industries has net income of $3,800,000, and it has 1,490,000 shares of common stock outstanding. The co

Ad libitum [116K]

Answer:

stock price following the stock repurchase = $74.44

Explanation:

Stock Repurchases Gamma Industries has net income of $3,800,000, and it has 1,490,000 shares of common stock outstanding.

Formula for earnings per share:

Earnings per share = Net income/ number of shares outstanding

As Number of shares outstanding before repurchase = 1490000

Net Income = $3800000

Therefore by putting the values in the above formula, we get

Earnings per Share = $3,800,000/1,490,000

Earnings per Share = $2.5503

Formula for Price Earnings Ratio:

Price Earnings Ratio = Price / Earnings per share

Therefore by putting the values in the above formula, we get

Price Earnings Ratio = $67 / $2.5503

Price Earnings Ratio = $26.2710

As the company wants to repurchase 10% of its existing outstanding shares so

Number of shares repurchase = 1,490,000 × 0.10 = 149,000

The remaining number of outstanding shares are = 1,490,000 -149,000 = 1,341,000

Formula for Earnings per Share:

Earnings per Share = Net Income / number of shares outstanding

Therefore, its Earnings per Share after repurchase = $3,800,000 / 1,341,000 = $2.8337

As Price/ Earnings = 26.27 so the stock price following the stock repurchase = 26.2710 × 2.8337 = $74.44

4 0

4 years ago

Numerous customers of a bridal store lost their ordered and prepaid wedding gowns when the store locked its doors and declared b

Kaylis [27]

<u>Answer:</u> Consolidation

<u>Explanation:</u>

Courts have the authority to consolidate the cases which have common concern. Consolidated case also does not mean the court will not hear each appeal separately. As the facts of the case are similar that they have not received their prepaid wedding gowns due to the bankruptcy of the bridal store single hearing is placed by the court.

The consolidated cases at first remain the same way but the arguments of the attorneys may diverge the case while appealing. The disappointed brides should receive their compensation at once from the failed store here.,

6 0

3 years ago

You have just purchased a four-month, $630,000 negotiable CD, which will pay a 4.5 percent annual interest rate.

erma4kov [3.2K]

Answer:

A. cv = $628998.51

B. cv = $638180.86

Explanation:

Fv = iv * (1 + r)^n

Where fv = final value

Iv = initial value. = 630,000

r = rate = 4.5%

n = time of maturity = 4/12 = 0.3333

So therefore:

Fv = 630000(1 +.045)^0.3333

Fv = $639310.75

a. If rate is reduced to 5%

Current market value = c.f.

Since rise or drop in rate would affect the new value of product if you are to sell

So:

639310.75 = cv( 1 + r )^0.3333

cv = 639310.75 / (1.05)^0.3333

cv = 628998.51

b. If rate reduces to 4.25%

Solving it the same way as (a)

639310.75 = cv* ( 1 + 0.0425 ) ^0.3333

cv = $638180.86

7 0

3 years ago

You need to have $33,250 in 11 years. You can earn an annual interest rate of 4 percent for the first 6 years, and 4.6 percent f

Shkiper50 [21]

Answer:

$11,667.91

Explanation:

Let the amount of deposit which needs to be made today is A. We have:

A x 1.04^6 + (A x 1.04^6 x 1.046^5) = 33250

A = $11,667.91

5 0

3 years ago

Ringmeup Inc had net income of $126,300 for the year ended December 31, 2013. At the beginning of the year, 44,000 shares of com

pshichka [43]

Answer:

$1.78

Explanation:

Basic Earnings Per Share = Earnings attributable to Common Stock Holders / Weighted Average number of shares outstanding at the end of year

Earnings attributable to common stockholders = Net Income - Preferred Stock Dividend paid in the year

Earnings attributable to common stockholders = $126,300 - ($100*4.75%*7,000 Shares)

Earnings attributable to common stockholders = $126,300 - $33,250

Earnings attributable to common stock holders = $93,050

Weighted Average number of shares outstanding at the end of year = (44,000 * 11/12) + [(44,000 - 4,500) * 1/12] + (13,000 * 8/12)

= 40,333.33 + 3,291.67 + 8,666.67

= 52,291.67

Basic Earnings Per Share = $93,050 / 52,291.67 shares

Basic Earnings Per Share = $1.78

4 0

3 years ago