1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
pickupchik [31]
3 years ago
8

Ginormous Oil entered into an agreement to purchase all of the outstanding shares of Slick Company for $60 per share. The number

of outstanding shares at the time of the announcement was 82 million. The book value of liabilities on the balance sheet of Slick Co. was $1.46 billion. What was the cost of this acquisition to the shareholders of Ginormous Oil?A. $1.46 billionB. $3.46 billionC. $4.92 billionD. $6.38 billionE. $8.38 billionF. None of the above.
Business
1 answer:
irga5000 [103]3 years ago
5 0

Answer:

C. $4.92 billion

Explanation:

Acquisition cost refers to the cost a company pays for assets such as shares or fixed assets like machinery. In this case, the company paid $60 * 82 million, being $4.92 Billion.

You might be interested in
Review the scenario:
ankoles [38]

Answer:

w4

Explanation:

because its w4 because it explains its his first day on the job

4 0
3 years ago
Read 2 more answers
three-fourths of the burden, and sellers bear one-fourth of the burden. b. one-half of the burden, and sellers bear one-half of
zubka84 [21]

The correct option is: For each unit of the good that is sold, buyers bear <u>one-half of the tax burden and sellers bear one-half of  the tax burden.</u>

<u>Explanation</u>:

Incidence of tax is a term referred in economics which deals with division of taxes. Tax incidence refers to division of tax among the buyer and seller for a product. The tax incidence is related to the price elasticity of supply and demand.

When a product is sold, the buyer of the product is charged with one-half of the tax burden and the seller of the product bears the other-half of the tax burden.

The incidence of tax can be observed in two ways:

i) Formal incidence

ii) Effective incidence

7 0
4 years ago
The optimal solution to a linear programming model that has been solved using the graphical approach:______.
wlad13 [49]

Answer:

Option d would be the appropriate choice.

Explanation:

  • At either the vertices including its continuum that ranges exist the optimal solutions towards linear programming challenges. Throughout this instance, the feasible area is just the section between some of the blue as well as red sections of the green map.
  • The green squares that describe the point of convergence between some of the red or green outlines seem to be the optimal solution.

Some other choices don't apply to the specified situation. So, the best one is the one mentioned.

5 0
4 years ago
Her neighbor could not afford to repair the roof on her house, so tijuana secretly hired and paid for a contractor to repair the
ANTONII [103]

Tijuana's actions are an example of <u> "altruism".</u>


Altruism is carrying on of worry for another's prosperity. Regularly, individuals carry on charitably when they see others in edgy conditions and feel sympathy and a craving to help. Selflessness doesn't generally easily fall into place, since by definition, it expects individuals to slight their very own worries to help other people with no desire for remuneration, however "reciprocal altruism" is a term utilized by evolutionary scholars and analysts to describe the choice to help with a desire that one will get some advantage or result to oneself. Agreeable conduct enabled our predecessors to make due under brutal conditions, despite everything it fills an important need to an exceedingly mind boggling society.

3 0
4 years ago
Give an example of two economic goals conflicting with each other
Alexxandr [17]
Any country around the world has certain targets for becoming an ideal and economically stable nation. Economic goals of full employment, stability, economic growth, efficiency, and equity are widely considered to e beneficial and worth pursuing for a country to achieve economic stability. Full employment and price stability are goals that conflict with each other. Full employment is an economic situation in which all the available labor resource is being used in the most efficient way possible while price stability implies avoiding both prolonged inflation and deflation.
4 0
3 years ago
Read 2 more answers
Other questions:
  • Laserscope Inc. is trying to determine the best combination of short-term and long-term debt to employ in financing its assets.
    13·1 answer
  • Best Rate Inc., an insurance company, has seen considerable growth in its telephone-based direct sales division. The management
    14·1 answer
  • Chen Corporation, a new company, adds material at the beginning of its production process; conversion
    12·1 answer
  • Assuming that you’re recording the transactions on the first page of the journal, the page entry at the top right side of the jo
    15·1 answer
  • Your textbook authors describe a treatment plan for one of the somatic symptom and related disorders that includes efforts to re
    14·1 answer
  • The degree of customer contact measuresthe amount of time the customer is separated from the service delivery system.the amount
    14·1 answer
  • When demonstrating 2023 leaf’s smooth acceleration, what should you point out?.
    13·1 answer
  • The opportunity cost of receiving a 93 on the economics exam is ______ points on the statistics exam.
    7·1 answer
  • Suppose a u. S. Treasury bond will pay $4,475 five years from now. If the going interest rate on 5-year treasury bonds is 4. 25%
    11·1 answer
  • the time period between when a registration is filed with the securities and exchange commission (sec) and the effective date is
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!