All categories

2 years ago

The Almer Group announced its decision to merge with Dover Global Solutions. This is an example of a(n):

Business

1 answer:

Shalnov [3]2 years ago

5 0

An example of firm merger is when Almer Group announced its decision to merge with Dover Global Solutions.

<h3>What is a firm merger?</h3>

A firm merger refers to an formal arrangement whereby two or more existing companies unites into one new company.

Therefore, when Almer Group announced its decision to merge with Dover Global Solutions, it is an example of firm merger.

You might be interested in

On January 1, 2021, Splash City issues $320,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and

Lelechka [254]

Answer:

Journal entries are given below

Explanation:

Entry for the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021, are prepared as follows

January 01, 2021 (Splash City issues $320,000 of 8% bonds)

Debit Credit

Cash 320,000

Bonds payable 320,000

June 30, 2021 (Interest paid)

Debit Credit

Interest expense $12,800

Cash $12,800

Working

Interest expense = $320,000 x 8% x 6/12

Interest expense = $12,800

December 31, 2021 (Interest paid)

Debit Credit

Interest expense $12,800

Cash $12,800

Working

Interest expense = $320,000 x 8% x 6/12

Interest expense = $12,800

4 0

3 years ago

If a CobbDouglas production function has alpha = 0.34 and beta = 0.42, then a 1% increase in inputs results in a ________ ch

vampirchik [111]

Answer:

0.76%

Explanation:

Firstly we write out the production function to be

Y = K^0.34L^0.42.

So if we have inputs that are increased by 1%, we will now have a new production function which is

Y = (K + 0.01 of K)^0.34 (L + 0.01 of L)^0.42

We write this in terms of growth rate

The Growth rate of Y = 0.34 x the growth rate of K + 0.42 x the growth rate of L

This gives us the Growth rate of Y = 0.34 x 1% + 0.42 x 1%

= 0.34+0.42

= 0.76%

6 0

2 years ago

Suppose Best Buy is the only electronics store in a particular market, but RadioShack is thinking about entering the market. Be

Verizon [17]

Answer:

Big buy must sell at large at a smaller price which will give tough time to Radio Shack and this is the threat that RadioShack don't want to bear.

Explanation:

Best Buy will choose large quantity because it helps in satisfying the needs of public at large at a lower price. This will force RadioShack to lower its price which will result in losses and this fear of losses will act as a enterance deterent. Though the profit on this strategy is lower but it will safeguard future revenues as RadioShack will not enter the market or get defeated very quickly.

4 0

3 years ago

The following data was collected from the manufacturing of an auto component. It represents the diameter (in mm) of that compone

andre [41]

Answer:

9.37

Explanation:

The computation of LCL for a control chart is shown below:-

Sample Obs 1 Obs 2 Obs 3 Obs 4 Mean observation Range

1 10 12 12 14 12 4

2 12 11 13 16 13 5

3 11 13 14 14 13 3

4 11 10 7 8 9 4

5 13 12 14 13 13 2

For computing the mean observation and range we will use the below formulas

Mean observation = ( Obs 1 + Obs 2 + Obs 3 + Obs 4) ÷ 4

Range = Highest value - Lowest value

$LCL = \bar{\bar{X}} - A2 \bar{R}$

$\bar X$ = ( 12 + 13 + 13 + 9 + 13 ) ÷ 5

= 12

$\bar R$ = ( 4 + 5 + 3 + 4 + 2 ) ÷ 5

= 3.6

Since we found the value of A2 with the help of constants table for control charts for a 4 subgroup size.

A2 = 0.729

$LCL = \bar{\bar{X}} - A2 \bar{R}$

12 - 0.729 × 3.6

= 9.37

5 0

3 years ago

According to Maslow, when Clorox wipes highlight the germ-harboring aspect of conventional sponges, it is addressing

Marina86 [1]

Answer:

According to Maslow, when Clorox wipes highlight the germ-harboring aspect of conventional sponges, it is addressing

C. Physiological Need for Health

Explanation:

According to Maslow's Need of hierarchy, humans move from

Physiological Needs: Basic biological needs, like air, water, food, shelter, clothing, primary health needs etc

Safety Needs: Need of personal security, property, resources etc

Need of Belonging: Having friends, family, people to talk to with etc

Esteem Needs: Need for self respect, freedom, status, recognition etc.

Self-actualization Need: Reaching the heights where one can go and attaining the most highest form of something which one desires.

After reading all the above needs, it is very much clear in understanding that Clorox wipes highlighting the germ-harboring aspect of conventional sponges, is addressing the Physiological Need for Health.

7 0

3 years ago