Answer:
b. banned anticompetitive mergers that occurred as a result of one company acquiring the physical assets of another company.
Explanation:
- The Sailor-Kefauver Act was a United States federal law passed in 1950 that amended and strengthened the Clayton Antitrust Act of 1914, which amended the Sherman Antitrust Act of 1890.
- The Sailor-Kefauver Act was passed to eliminate a loophole to link firms to the acquisition and acquisition of assets that are not direct competitors.
- The Clayton Act prohibited stock purchase mergers, the competition was reduced, and smarter traders were able to find ways to buy competitive property around the Clayton Act. Under the Sailor-Kefauver Act, asset acquisition competition decreases, and that practice is banned.
$42.25
- trade prices that are shown on the tape DO NOT include commission.
Answer:
Option A. Adrian and Fran will have limited liability, meaning they might lose their investments in Best Techs but will not lose their personal assets.
Explanation:
The reason is that the organization which is a limited company is responsible for the employee's negligence and as a result the compensation for the negligence would be paid by the company then the Adrian and Fran's investment in that company is affected by the compensation that the company would pay, not their personal assets. The shareholders are not liable for the negligence of the employee but the company is. Hence the maximum loss to the shareholders Adrian and Fran would be the investment in the company and assets other than this investment will have no impact of this compensation.
So the option A is the correct option.
Answer:
The Accounts Receivables will be reported as $154000 in August's budgeted balance sheet.
Explanation:
The credit sales for August can be calculated by separating the total sales into cash and credit sales.
The cash sales are 30% or total sales which means the remaining 70% belongs ot the credit sales.
The credit sales for August will be = 220000 * 0.7 = 154000
As the question suggests, all credit sales that is $154000 for August will remain as accounts receivables in the month of August and will be collected in September. Thus, in budgeted balance sheet for August, the Accounts receivables will be reported as $154000