Answer:
The correct option is C
Explanation:
Horizontal merger is the one where the merger of the two companies who are competing in the same industry and offering or providing the same kind of goods. Whereas the Vertical merger is the one where the merger of the two companies involve in producing the same good but at different stages of the production.
So, in this case, merger between Kooky Cookies Corporation and Crazy Cookie Company will be horizontal merger because both companies offering similar products to same customers. And Kooky Cookies purchases baking product, it will be a vertical merger as it involve in the production of cookies but at different levels.
Answer:
$1,050,000
Explanation:
Given that,
Sox corporation purchased a 35% interest in hack corporation for $1,750,000.
On November 1, 2018, hack declared and paid dividends = $2.0 million
On December 31, hack reported a net loss during the year = $4.3 million
Carrying value:
= Purchased value - 35%(Dividend value)
= $1,750,000 - (0.35 × $2,000,000)
= $1,750,000 - $700,000
= $1,050,000
Net loss of Sox = 35% of net loss during the year
= 0.35 × $4,300,000
= $1,505,000
Since, the carrying value is less than the net loss of sox. Therefore, the net loss of $1,050,000 to be recognized by the sox corporation.
Answer:
5C's, STP, 4P's
Explanation:
The marketing framework is a template that has instructions for the carrying out of marketing plan. Such a framework enables you to deliver the correct content to the right people, by using the right channels, at an appropriate time to attain your important or core marketing goals.
The correct order is 5C's, STP, 4P's.
Thank you!
Answer:
Dr. Cr.
Cash $107,850
Bond Payable $100,000
Premium on Bond Payable $7,850
Explanation:
When the Bond is issued on the price more than its face value, the exptra amount from face value received is called Bond Premium.
Bond Face value = $100,000
Issuance price = $107,850
Premium Paid =$107,850 - $100,000 = $7,850