Vertical merger is the joining of two companies involved in different stages of related businesses.
Geraldo owns a well-known brand and allows Henry to sell products with that brand name. Geraldo has agreed to: product and trade name franchising.
<span>A franchiser is the persn that licenses its know-how, procedures, intellectual property and use of its business model and brand. In our case the franchiser is Geraldo. He gives the rights to sell its branded products and services to Henry, who is called a franchisee.</span>
Answer:
55,000
Explanation:
Cost of goods manufactured = Opening Work in Process + Manufacturing costs - Closing Work In Process
Putting values in above equation
50,000 = 20,000 + MC - 25,000
50,000 + 25,000 - 20,000 = 55,000
Here total cost is given which is of completed goods, and therefore work in process is not included in this value of 50,000 and thus treated differently.
Thus total manufacturing costs = 55,000
Answer:
See below
Explanation:
Equity is calculated as
= Assets[ Fixed + Current] - Liabilities
= [$25,420 + $22,430 + $44,070 + $20,080] - [ $6,070 + $10,550]
= $112,000 - $16,620
= $95,380
