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2 years ago

What is NOT a reason for companies to merge?

1 answer:

6 0

Answer: A merger results in reduced competition and a larger market share. Thus, the new company can gain a monopoly and increase the prices of its products or services

Explanation:

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An investor has opened a jewellery store and a bakery shop in your village which is near the sea side. Do you consider the locat

almond37 [142]

Answer:

The bakery business is a good business for this location but the jewellery is not.

Explanation:

The bakery business is a good business for this location but the jewellery is not. This is because the vast majority of individuals in the area are most likely going to be people spending the day travelling and going to the beach or taking a walk on the boardwalk. Therefore, pasteries in the morning on a nice day or in the afternoon would be in demand in that area. However, jewellery probably will not be in high demand. The best place for a jewellery store is in the middle of the city where people go to shop, ideally a high income location.

7 0

3 years ago

Mark Price, the new productions manager for Speakers and Company, needs to find out which variable most affects the demand for

Levart [38]

Answer:

Tremendous friend, I ask you and you only give 5 points, I can't help you

Explanation:

4 0

3 years ago

Nagle Inc. uses a job-order costing system in which any underapplied or overapplied overhead is closed out to cost of goods sold

sergey [27]

Answer:

D. $485,030

Explanation:

Total manufacturing cost for the job = $836,250

Total number of units produced 15,000

Unit product cost $55.75

Manufacturing overhead cost applied

$221,600

Actual manufacturing overhead cost $204,880

Over applied overhead $16,720

The direct method of determining cost of goods sold

Unadjusted cost of goods sold

(9,000 units × $55.75 per unit)

$501,750

Less over applied overhead

($16,720)

Cost of goods sold $485,030

5 0

4 years ago

Rowan Co. purchases 200 common shares (40%) of JBI Corp. as a long-term investment for $600,000 cash on July 1. JBI Corp. paid $

aleksley [76]

Answer:

1. Jul-01

Dr Investment in JBI Corp $ 600,000

Cr Cash $ 600,000

2. Nov-01

Dr Cash $ 5,000

Cr Investment in JBI Corp $ 5,000

3. Dec-31

Dr Investment in JBI Corp $ 100,000

Cr Investment revenue $ 100,000

Explanation:

1. Preparation of Rowan's entries to record the purchase of JBI shares

Jul-01

Dr Investment in JBI Corp $ 600,000

Cr Cash $ 600,000

[To record investment in common shares of JBI Corporation]

2. Preparation of Rowan's entries to record the receipt of its share of JBI dividends

Nov-01

Dr Cash [12,500*40%] $ 5,000

Cr Investment in JBI Corp $ 5,000

[To record receipt of dividends]

3. Preparation of Rowan's entries to record the December 31 year-end adjustment for its share of JBI net income

Dec-31

Dr Investment in JBI Corp [$250,000*40%] $ 100,000

Cr Investment revenue $ 100,000

[To record share of net income for the year]

4 0

3 years ago

Westover Winds just paid a dividend of $2.10 per share. The company will increase its dividend by 8 percent next year and will t

Alla [95]

Answer:

Price today = $26.54

Explanation:

The price of the stock can be calculated using the Dividend Discount Model (DDM). The DDM values the stock based on the present value of the expected future dividends from the stock.

The formula to calculate the price of the stock is attached.

Price today = 2.1 * (1+0.08) / (1+0.11) + 2.1 * (1+0.08) * (1+0.06) / (1+0.11)^2 +

2.1 * (1+0.08) * (1+0.06) * (1+0.04) / (1+0.11)^3 +

[(2.1 * (1+0.08) * (1+0.06) * (1+0.04) * (1+0.02)) / (0.11 - 0.02)] / (1+0.11)^3

Price today = $26.54

7 0

3 years ago