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Luden [163]
1 year ago
7

VF Corporation, maker of North Face and other popular "lifestyle" apparel brands, split itself into two separate organizations i

n order to
Business
1 answer:
Triss [41]1 year ago
4 0

The VF Corporation splits itself into two separate organizations in order to rank the performance prospects of the businesses from best to worst and determine what the corporate parent's priorities should be.

<h3 /><h3>VF Corporation</h3>
  • VF Corporation is one of the world's biggest clothing, footwear and embellishments organizations interfacing individuals with the ways of life, exercises, and encounters they esteem most through a group of notable open-air, dynamic, and workwear brands.
  • One of the World's Most Ethical Companies in 2022, and a global leader in defining and raising the norms of ethical business operations.

<h3>Why did VF Corporation decide to split?</h3>
  • They choose to part since they needed to decide the corporate parent's needs for allotting assets to its various organizations by positioning the presentation possibilities of the organizations from best to most horrendously terrible.
  • At the point when an organization, for example, VF divides its portions, the market capitalization when the split happens stays steady, meaning the investor presently claims more offers yet each is esteemed at a lower cost for every offer.
  • Frequently, be that as it may, a lower-valued stock for each offer premise can draw in a more extensive scope of purchasers.

Hence, In order to analyze the performance prospects of the businesses from best to worst and establish what the corporate parent's priority should be, the VF Corporation divides itself into two distinct groups.

To learn more about such Company Ethics refer to:

brainly.com/question/7310733

#SPJ4

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eBook Problem Walk-Through Byron Books Inc. recently reported $12 million of net income. Its EBIT was $28.6 million, and its tax
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Answer:

Earnings Before Tax (EBT) =  $16,000,000

Interest expense = $12,600,000

Explanation:

Earnings Before Tax (EBT) =  Net Income  / (1 - Tax Rate)

Earnings Before Tax (EBT) =  $12,000,000 / ( 1 - 0.25)

Earnings Before Tax (EBT) =  $12,000,000 / 0.75

Earnings Before Tax (EBT) =  $16,000,000

Interest expense =  Earnings Before Interest and taxes (EBIT) - Earnings Before taxes (EBT)

Interest expense = $28,600,000 - $16,000,000

Interest expense = $12,600,000

              Income Statement

Details                               Amount

EBIT                                  $28,600,000

Less: Interest expenses  <u>$12,600,000</u>

EBT                                   $16,000,000

Tax at 25%                       <u>$4,000,000</u>

Net Income                      $12,000,000

4 0
3 years ago
The regular distribution of lollipops, toys, or treats every Friday is an example of a ________that helps reinforce Nunya's cult
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It is an example of a material symbol that helps reinforce Nunya's culture

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A tax free municipal bond provides a yield of 3.2%. What is the equivalent taxable yield on the bond given a 35% tax bracket
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Answer:

4.92%

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Equivalent taxable yield on the bond = Rate / (1-Tax rate)

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The following is the ending balances of accounts at December 31, 2021, for the Weismuller Publishing Company.
luda_lava [24]

Answer:

A balance sheet for Weismuller publishing for December 31 2021 was prepared and recorded in the explanation section below

Explanation:

Solution

COMPANY: WEISMULLER PUBLISHING Balance Sheet At December 31 2021 Assets

Current assets:

Cash and cash equivalents ($91,000 + $43000)        $134000

Short term investments ($166,000 - $43000)             $123000

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The total current assets                                                $813,000

Note: Kindly find an attached copy of the [art of the complete solution to this question below

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