If Chester Corp. were to buy all of it\'s shares outstanding at its current pric

Question

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? Select: 1 $199 million $101 million $1 million $98 million


Cash Flow Statement Survey Andrews Baldwin Chester Digby Cash flows from operating activities Net Income (Loss) $3,216 $28,792 $1,380 $1,277 Adjustment for non-cash items:    Depreciation $7,764 $11,033 $18,360 $18,540    Extraordinary gains/losses/writeoffs $0 $0 $0 $0 Changes in current assets and liabilities:    Accounts payable $956 $1,364 $810 $2,355    Inventory $2,330 ($5,852) ($11,764) ($11,256)    Accounts receivable ($411) ($3,019) $178 ($2,677) Net cash from operations $13,855 $32,318 $8,964 $8,238 Cash flows from investing activities Plant improvements (net) ($25,400) ($42,800) ($38,466) ($58,415) Cash flows from financing activities Dividends paid $0 $0 $0 $0 Sales of common stock $5,000 $0 $15,944 $21,429 Purchase of common stock $0 ($903) $0 $0 Cash from long term debt issued $0 $12,727 $16,353 $24,910 Early retirement of long term debt $0 $0 $0 $0 Retirement of current debt ($10,300) ($28,397) ($43,452) ($33,940) Cash from current debt borrowing $0 $22,040 $32,772 $30,565 Cash from emergency loan $0 $0 $0 $0 Net cash from financing activities ($5,300) $5,467 $21,616 $42,965 Net change in cash position ($16,845) ($5,015) ($7,886) ($7,213) Balance Sheet Survey Andrews Baldwin Chester Digby Cash $32,686 $31,167 $43,241 $30,919 Accounts Receivable $9,677 $18,268 $13,640 $15,745 Inventory $18,033 $22,485 $14,196 $19,157 Total Current Assets $60,397 $71,920 $71,076 $65,822 Plant and equipment $116,460 $165,500 $275,400 $278,101 Accumulated Depreciation ($60,911) ($57,867) ($94,193) ($86,126) Total Fixed Assets $55,549 $107,633 $181,207 $191,975 Total Assets $115,946 $179,553 $252,283 $257,796 Accounts Payable $6,609 $11,616 $9,529 $10,857 Current Debt $0 $22,040 $32,772 $30,565 Long Term Debt $15,909 $42,229 $111,971 $109,677 Total Liabilities $22,518 $75,886 $154,271 $151,100 Common Stock $16,192 $11,271 $57,667 $55,407 Retained Earnings $77,236 $92,397 $40,345 $51,290 Total Equity $93,428 $103,668 $98,012 $106,697 Total Liabilities & Owners' Equity $115,946 $179,553 $252,283 $257,796 Income Statement Survey Andrews Baldwin Chester Digby Sales $117,742 $222,263 $165,948 $191,570 Variable Costs (Labor, Material, Carry) $84,909 $138,172 $105,871 $123,142 Depreciation $7,764 $11,033 $18,360 $18,540 SGA (R&D, Promo, Sales, Admin) $14,198 $13,423 $13,530 $21,460 Other (Fees, Writeoffs, TQM, Bonuses) $4,000 $6,900 $7,115 $8,317 EBIT $6,871 $52,734 $21,072 $20,111 Interest (Short term, Long term) $1,822 $7,535 $18,906 $18,107 Taxes $1,767 $15,820 $758 $702 Profit Sharing $66 $588 $28 $26 Net Profit $3,216 $28,792 $1,380 $1,277

$199 million $101 million $1 million $98 million


Cash Flow Statement Survey Andrews Baldwin Chester Digby Cash flows from operating activities Net Income (Loss) $3,216 $28,792 $1,380 $1,277 Adjustment for non-cash items:    Depreciation $7,764 $11,033 $18,360 $18,540    Extraordinary gains/losses/writeoffs $0 $0 $0 $0 Changes in current assets and liabilities:    Accounts payable $956 $1,364 $810 $2,355    Inventory $2,330 ($5,852) ($11,764) ($11,256)    Accounts receivable ($411) ($3,019) $178 ($2,677) Net cash from operations $13,855 $32,318 $8,964 $8,238 Cash flows from investing activities Plant improvements (net) ($25,400) ($42,800) ($38,466) ($58,415) Cash flows from financing activities Dividends paid $0 $0 $0 $0 Sales of common stock $5,000 $0 $15,944 $21,429 Purchase of common stock $0 ($903) $0 $0 Cash from long term debt issued $0 $12,727 $16,353 $24,910 Early retirement of long term debt $0 $0 $0 $0 Retirement of current debt ($10,300) ($28,397) ($43,452) ($33,940) Cash from current debt borrowing $0 $22,040 $32,772 $30,565 Cash from emergency loan $0 $0 $0 $0 Net cash from financing activities ($5,300) $5,467 $21,616 $42,965 Net change in cash position ($16,845) ($5,015) ($7,886) ($7,213) Balance Sheet Survey Andrews Baldwin Chester Digby Cash $32,686 $31,167 $43,241 $30,919 Accounts Receivable $9,677 $18,268 $13,640 $15,745 Inventory $18,033 $22,485 $14,196 $19,157 Total Current Assets $60,397 $71,920 $71,076 $65,822 Plant and equipment $116,460 $165,500 $275,400 $278,101 Accumulated Depreciation ($60,911) ($57,867) ($94,193) ($86,126) Total Fixed Assets $55,549 $107,633 $181,207 $191,975 Total Assets $115,946 $179,553 $252,283 $257,796 Accounts Payable $6,609 $11,616 $9,529 $10,857 Current Debt $0 $22,040 $32,772 $30,565 Long Term Debt $15,909 $42,229 $111,971 $109,677 Total Liabilities $22,518 $75,886 $154,271 $151,100 Common Stock $16,192 $11,271 $57,667 $55,407 Retained Earnings $77,236 $92,397 $40,345 $51,290 Total Equity $93,428 $103,668 $98,012 $106,697 Total Liabilities & Owners' Equity $115,946 $179,553 $252,283 $257,796 Income Statement Survey Andrews Baldwin Chester Digby Sales $117,742 $222,263 $165,948 $191,570 Variable Costs (Labor, Material, Carry) $84,909 $138,172 $105,871 $123,142 Depreciation $7,764 $11,033 $18,360 $18,540 SGA (R&D, Promo, Sales, Admin) $14,198 $13,423 $13,530 $21,460 Other (Fees, Writeoffs, TQM, Bonuses) $4,000 $6,900 $7,115 $8,317 EBIT $6,871 $52,734 $21,072 $20,111 Interest (Short term, Long term) $1,822 $7,535 $18,906 $18,107 Taxes $1,767 $15,820 $758 $702 Profit Sharing $66 $588 $28 $26 Net Profit $3,216 $28,792 $1,380 $1,277


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? Select: 1 $199 million $101 million $1 million $98 million


Cash Flow Statement Survey Andrews Baldwin Chester Digby Cash flows from operating activities Net Income (Loss) $3,216 $28,792 $1,380 $1,277 Adjustment for non-cash items:    Depreciation $7,764 $11,033 $18,360 $18,540    Extraordinary gains/losses/writeoffs $0 $0 $0 $0 Changes in current assets and liabilities:    Accounts payable $956 $1,364 $810 $2,355    Inventory $2,330 ($5,852) ($11,764) ($11,256)    Accounts receivable ($411) ($3,019) $178 ($2,677) Net cash from operations $13,855 $32,318 $8,964 $8,238 Cash flows from investing activities Plant improvements (net) ($25,400) ($42,800) ($38,466) ($58,415) Cash flows from financing activities Dividends paid $0 $0 $0 $0 Sales of common stock $5,000 $0 $15,944 $21,429 Purchase of common stock $0 ($903) $0 $0 Cash from long term debt issued $0 $12,727 $16,353 $24,910 Early retirement of long term debt $0 $0 $0 $0 Retirement of current debt ($10,300) ($28,397) ($43,452) ($33,940) Cash from current debt borrowing $0 $22,040 $32,772 $30,565 Cash from emergency loan $0 $0 $0 $0 Net cash from financing activities ($5,300) $5,467 $21,616 $42,965 Net change in cash position ($16,845) ($5,015) ($7,886) ($7,213) Balance Sheet Survey Andrews Baldwin Chester Digby Cash $32,686 $31,167 $43,241 $30,919 Accounts Receivable $9,677 $18,268 $13,640 $15,745 Inventory $18,033 $22,485 $14,196 $19,157 Total Current Assets $60,397 $71,920 $71,076 $65,822 Plant and equipment $116,460 $165,500 $275,400 $278,101 Accumulated Depreciation ($60,911) ($57,867) ($94,193) ($86,126) Total Fixed Assets $55,549 $107,633 $181,207 $191,975 Total Assets $115,946 $179,553 $252,283 $257,796 Accounts Payable $6,609 $11,616 $9,529 $10,857 Current Debt $0 $22,040 $32,772 $30,565 Long Term Debt $15,909 $42,229 $111,971 $109,677 Total Liabilities $22,518 $75,886 $154,271 $151,100 Common Stock $16,192 $11,271 $57,667 $55,407 Retained Earnings $77,236 $92,397 $40,345 $51,290 Total Equity $93,428 $103,668 $98,012 $106,697 Total Liabilities & Owners' Equity $115,946 $179,553 $252,283 $257,796 Income Statement Survey Andrews Baldwin Chester Digby Sales $117,742 $222,263 $165,948 $191,570 Variable Costs (Labor, Material, Carry) $84,909 $138,172 $105,871 $123,142 Depreciation $7,764 $11,033 $18,360 $18,540 SGA (R&D, Promo, Sales, Admin) $14,198 $13,423 $13,530 $21,460 Other (Fees, Writeoffs, TQM, Bonuses) $4,000 $6,900 $7,115 $8,317 EBIT $6,871 $52,734 $21,072 $20,111 Interest (Short term, Long term) $1,822 $7,535 $18,906 $18,107 Taxes $1,767 $15,820 $758 $702 Profit Sharing $66 $588 $28 $26 Net Profit $3,216 $28,792 $1,380 $1,277

Explanation / Answer

$199 million $101 million $1 million $98 million-----------answer 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? Select: 1 $199 million $101 million $1 million $98 million-----------answer

Related Questions

Navigate

• Browse (All)
• Browse I
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.