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Marianna [84]
3 years ago
14

Rock Bottom Gold Company recently repurchased 7 million shares of its common stock for $47 per share. The intent of the repurcha

se was to increase earnings per share to be more in line with competitors. Required: 1. Determine the impact of the stock repurchase on assets, liabilities, and stockholders' equity. (Enter your answers in whole dollars not in millions (i.e., 1,000,000 not 1.0). Negative amounts should be indicated by a minus sign.)
Business
1 answer:
Eddi Din [679]3 years ago
5 0

Answer:

a. Assets = Liabilities  + Stockholder's Equity

Assets = Cash (7,000,000*$47) = -$32,90,00,000

b. Liabilities = No Effect

c. Stockholder's Equity = -$32,90,00,000

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Purchase furniture to srija rs 30000​
lorasvet [3.4K]

Answer:

rs 30000

Explanation:

rs 30000 = $407.47

Hope this helped!

4 0
3 years ago
On March 1, Lincoln sold merchandise on account to Pina Colada Company for $29,400, terms 1/10, net 45. On March 6, Pina Colada
dolphi86 [110]

Answer:

The Journal entries with their narration is shown below:-

Explanation:

The Journal entry is shown below:-

1. Account receivable Dr,       $29,400

      To Sales revenue                       $29,400

(Being Sales revenue is recorded)

2. Sales return and allowance Dr,  $2,200

       To Account receivable                    $2,200

(Being Sales return is recorded)

3. Cash Dr,                                   $26,928

($29,400 - $2,200) × 99%

Sales discount Dr,                        $272

         To Account receivable                 $27,200

($29,400 - $2,200)

(Being cash is recorded)

7 0
3 years ago
The director’s collaborator who has various tasks such as taking notes, keeping track of blocking, and communicating with all th
joja [24]

The director’s collaborator who has various tasks such as taking notes, keeping track of blocking, and communicating with all the members of the production team is the <u> Stage Manager </u>.

<h3>What is a Stage Manager ?</h3>

A Stage Manager supports and organizes all the different teams involved in the day-to-day running of a theatre production from rehearsals right through to performances and then post-show.

They liaise and communicate with the full company and organize each team to ensure the smooth running of a production.

During the rehearsal process the stage manager is responsible for:

  • communicating with all members of the team.
  • keeping daily reports and logs.
  • taking notes.
  • keeping track of blocking.

Therefore, we can conclude that the Stage Manager  is responsible for various tasks such as taking notes, keeping track of blocking, and communicating with all the members of the production team.

Learn more about Director’s on:

brainly.com/question/15410575

#SPJ4

5 0
2 years ago
Allison has a horse stall cleaning business that has been growing rapidly since she started it three years ago. She estimates th
Reil [10]

Answer: 13.2%

Explanation:

Given data:

No of stores in the market = 5000

No. of store owners = 2000.

Allison charges = $8/month

Sam charges = $8/month.

Solution:

The market penetration rate would be calculated based on potential customers.

Using our general formula,

Market penetration=Numbers of customers who purchased Allison derived sales and Sam derived sales /Total potential population

Where,

Total potential population=1,500

•Allison derived sales = 129 customers

•Sam derived sales = 69 customers

•Numbers of customers who purchased Allison derived sales and Sam derived sales=129 customers+ 69 customers

•Numbers of customers who purchased Allison derived sales and Sam derived sales =198 customers

Let’s input this into our general formula.

Market penetration

= 169 customers/1,500

= 0.132*100

= 13.2%

The market penetration rate based on potential customers is 13.2%

8 0
2 years ago
The two cofounders of Impact Technology, a data-storage firm in Research Triangle Park, North Carolina, were feuding with each o
Sergio039 [100]

Answer:

Organizational Behavior Specialist

Explanation:

Based on the information provided within the question in regards to the situation, it seems that they should get an Organizational Behavior Specialist to work with the warring executives separately to solve the problem. These specialists analyze, assess, and provide advise to the company on how to solve a problem or improve performance and efficiency within the company.

If you have anymore questions feel free to ask at Brainly

7 0
3 years ago
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