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Marianna [84]
2 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]2 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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krok68 [10]

After entering into a commercial lease agreement, the answer is since there is no right of first refusal, all Terrell can do is ask Lorna whether she will lease the adjoining space to him.

<h3><u>What is a commercial lease agreement?</u></h3>
  • A commercial lease is an agreement for the rental of property between a landlord and a company. Because renting costs less money than buying, most businesses will prefer to do so.
  • Because the terms are changeable and change significantly from lease to lease, commercial lease agreements are more difficult than residential leases.
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Verify that the conditions of a commercial lease agreement will suit the demands of the company before signing. Unfavorable outcomes may result from failing to establish requirements before signing a lease.

Know more about commercial lease agreement with the help of the given link:

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6 0
1 year ago
Blue Apron delivers to your front door all the ingredients and instructions for preparing full meals for two or four people for
Vanyuwa [196]

Answer:

Place Mix

Explanation:

Blue Apron delivers to your front door all the ingredients and instructions for preparing full meals for two or four people for several occasions weekly. Delivery to your home would constitute place mix element of the marketing mix for Blue Apron.

Basically , Market mix have<em> four </em>elements they are -

1. <u>Product Mix </u>- It refers to all the decisions which are related to the product.

2.<u> Price Mix</u> - It refers to all the decisions which are related to the price of the product.

3.<u> Promotion Mix</u> - It refers to all the decisions which are related to the promotion or sale of the product.

4. <u>Place Mix</u> - It refers to all the decisions which are related to make the product deliver to the customer.

When the product is not deliver at the right time and at the right place to the customer ,then all other activities of the marketing mix will be of no use . <em>Place Mix is an important element of the Marketing Mix.</em>

Place Mix have two elements which have in distribution of the product they are -

   1. <u>Channels of distributions</u> - It includes the people and the firm .

   2. <u>Physical distributions</u> - It includes the transportation or warehouse.

   

8 0
3 years ago
Depreciation expense is added back to net income when preparing the cash flow from operating activities section because deprecia
luda_lava [24]

Answer:

Depreciation expense is added back to net income when preparing the cash flow from operating activities section because depreciation represents a non cash reduction to net income. Depreciation is a non cash reduction because it notes down the the reduction in the value of an asset due to use as an expense and because the company isn't making any cash transactions due to depreciation of assets therefore it is a non cash expense and this is why it is added back to net income when preparing cash flow from operating activities.

Explanation:

4 0
3 years ago
Complete the sentence. Mutual funds that impose a sales charge are called _____.
Evgesh-ka [11]

Answer:

Fee based fund  is the correct answer to the given question

Explanation:

In the fee based funds exercise the money is charged directly to customers.The Fee-Based Funds  is imposing the charge of sales to the customer .The Fee-based funds consultants could charge an extra  payment of fixed price according to the company policy .

  • When the company sells the mutual fund in a fee-based consideration individuals will buy the bond fund Series of the F units.
  • All the other options are not related to imposing the sales charge that's why they are incorrect option .

8 0
2 years ago
Straight-Line Depreciation Irons Delivery Inc. purchased a new delivery truck for $42,000 on January 1, 2019. The truck is expec
Ket [755]

Answer:

Annual depreciation= $7,996

Explanation:

Giving the following information:

Purchase price= $42,000

Useful life= 5 years

Salvage value= $2,020

<u>To calculate the annual depreciation under the straight-line method, we need to use the following formula:</u>

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (42,000 - 2,020) / 5

Annual depreciation= $7,996

5 0
2 years ago
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