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If Chester Corp. were to buy all of it's shares outstanding at

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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;$304 million;$96 million;$207 million;$27 million;Attachment Preview;Cherster report round 4.docx;Annual Report;Data on pg 2;Chester;Round: 3Dec. 31;2013;Balance Sheet;D;DEFINITIONS: Common Size: The common;size column simply represents each item as a;percentage of total assets for that year. Cash;Your end-of-year cash position. Accounts;Receivable: Reflects the lag between delivery;and payment of your products. Inventories;The current value of your inventory across all;products. A zero indicates your company;stocked out. Unmet demand would, of course;fall to your competitors. Plant & Equipment;The current value of your plant. Accum;Deprec: The total accumulated depreciation;from your plant. Accts Payable: What the;company currently owes suppliers for;materials and services. Current Debt: The;debt the company is obligated to pay during;the next year of operations. It includes;emergency loans used to keep your company;solvent should you run out of cash during the;year. Long Term Debt: The company's long;term debt is in the form of bonds, and this;represents the total value of your bonds.;Common Stock: The amount of capital;invested by shareholders in the company.;Retained Earnings: The profits that the;company chose to keep instead of paying to;shareholders as dividends.;ASSETS;CommonSize;Cash;$35,517;Accounts;Receivable;$16,997;Inventory;$14,879;Total Current Assets;$67,393;Plant & Equipment;$153,600;Accumulated;Depreciation;($56,867);Total Fixed Assets;Total Assets;LIABILITIES;OWNERS' EQUITY;$96,733;$164,127;Cash Flow Statement;ent examines what happened in the Cash;r. Cash injections appear as positive numbers;s negative numbers. The Cash Flow;nt tool for diagnosing emergency loans. When;ceed positives, you are forced to seek;r example, if sales are bad and you find;undance of excess inventory, the report would;ventory as a huge negative cash flow. Too;ntory could outstrip your inflows, exhaust your Cash Flows from Operating;you to beg for money to keep your company Activities;2013;2012;Net Income (Loss);$27,094;$15,045;Depreciation;$10,240;$7,973;$0;$0;Extraordinary;gains/losses/writeoffs;2013 Income Statement;CommonSiz;e;ar;Cid;Coat;Cure;Na;Na;Na;Na 2013Total;09;$46,385;$44,976;$56,927;$0;$0;$0;$0;$206,797;100.0%;85;$9,494;$8,644;$11,251;$0;$0;$0;$0;$43,074;20.8%;97;$19,942;$17,237;$22,591;$0;$0;$0;$0;$82,168;39.7%;98;$143;$626;$718;$0;$0;$0;$0;$1,785;0.9%;81;$29,580;$26,508;$34,560;$0;$0;$0;$0;$127,028;61.4%;29;$16,805;$18,468;$22,367;$0;$0;$0;$0;$79,769;38.6%;73;$1,813;$2,607;$2,947;$0;$0;$0;$0;$10,240;5.0%;58;$655;$510;$571;$0;$0;$0;$0;$2,595;1.3%;50;$1,350;$1,350;$1,350;$0;$0;$0;$0;$5,400;2.6%;sales times list price. Direct Labor: Labor costs incurred to produce;ld. Inventory Carry Cost: the cost to carry unsold goods in;n: Calculated on straight-line 15-year depreciation of plant value.;rtment expenditures for each product. Admin;at 1.5% of sales. Promotions: The promotion budget for each;les force budget for each product. Other: Charges not included in;s Fees, Write Offs, and TQM. The fees include money paid to;Other;d brokerage firms to issue new stocks or bonds plus consulting fees;sess. Write-offs include the loss you might experience when you sell;entory as the result of eliminating a production line. If the amount;amount, then you actually made money on the liquidation of capacity;EBIT;nings Before Interest and Taxes. Short Term Interest;year's current debt, including short term debt, long term notes that;emergency loans. Long Term Interest: Interest paid on outstanding;tax based upon a 35% tax rate. Profit Sharing;bor contract. Net Profit: EBIT minus interest, taxes, and profit;Short Term Interest;LongTerm Interest;Taxes;Profit Sharing;Net Profit;$6,768;3.3%;$49,219;23.8%;$2,175;1.1%;$4,511;2.2%;$14,887;7.2%;$553;0.3%;$27,094;13.1%

 

Paper#33875 | Written in 18-Jul-2015

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