Answer:
C) $250,000
Explanation:
Larkin's investment in Devon at the end of the year = carrying amount at the beginning of the year + Larkin's share of Devon's income - Larkin's share of Devon's dividends
= $200,000 + ($600,000 x 25%) - ($400,000 x 25%)
= $200,000 + $150,000 - $100,000 = $250,000
What is the difference between a horizontal merger and a vertical merger?
A vertical merger is one in which a firm or company combines with a supplier or distributor, while a horizontal merger is when two companies competing in the same market merge or join together. Or u can also u this one... Merger-a combination of two companies
horizontal-combo of firms competing in the same market with the same good or service
vertical-the combo of two firms involved in different states of producing the same good or service
conglomerates-business combo merging more than three businesses that make unrelated products
When a company issues stock dividends, it is usually expressed as a percentage of the total number of outstanding shares. Stock dividends less than 25% of outstanding shares are considered minor stock dividends. Anything over 25% is considered a large stock dividend.
Outstanding shares are all shares of a company authorized, issued, purchased or held by investors. These are distinguished from treasury shares, which do not represent exercisable rights as they are held by the company itself.
Outstanding stock refers to stock in a company currently held by all shareholders, including blocks of stock held by institutional investors and restricted stock held by officers and insiders of the company. increase. Shares outstanding are reported under the heading "Share Capital" on the company's balance sheet.
Shares Outstanding is the total number of shares issued by the company. Issued shares do not include shares with shareholders, ie shares repurchased by H. Company. Therefore, subtracting treasury shares from shares outstanding gives the number of shares outstanding. Issued shares include treasury stock.
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Answer:
After-tax cost of debt is 7.2%
Explanation:
Given:
Coupon rate = 6% or 0.06 per annum.
Semi- annual coupon rate = 0.06÷2 = 0.03
Par value is 1,000
Coupon payment = 0.03×1000 = $30
Time period = 30×2= 60 semi-annual periods
Bond price = $515.16
Pre-tax cost of debt can be computed using excel function 'RATE'
=RATE(nper,PMT,PV,FV)
nper is 60; PMT is 30; PV is -515.16 (cash outflow); FV is 1000
Rate is 6%
Calculation is shown in attached excel snip.
Yield to maturity = 6×2 = 12%
Federal tax rate is 40% or 0.4
After-tax cost of debt = 0.12 (1-0.4)
= 0.072 or 7.2%
The major factor that contributes to the decline of occupations in industries such as textile and clothing is due to the change of technology. Through the technological advancement, innovators are able to machines that work twice as fast as human beings.
