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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.

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Darina [25.2K]

Answer:

Wendy was right because par value stock has not impact on the market price of the stock.

Explanation:

Par Value:

The par value of stock is the value, that is generally a very small amount, which is stated on the stock certificates of a company. It has no connection with the market price of the stock.

  • Some states ask the company to assign a par value for stock so that's why the companies minimum par value to the stock.
  • If some companies don't assign par value to their stock then its means that their shares have no-par value.
  • In our case, Wendy was right due to the fact that par values has no concern with the market price of the stock.

8 0
3 years ago
True or false? job specifications define the jobholder’s responsibilities.
cestrela7 [59]
True it will tell you how and what you will be doing at the job

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3 years ago
This graph shows that there was an increase in the unemployment rate in the U.S. in the years between 1990 and 1993. This increa
OverLord2011 [107]

Answer:

Option A (an economic recession in the U.S) would be the correct choice.

Explanation:

  • A recession seems to be an economic and financial term of knowledge and skills to a substantial reduction in the total financial outlook of the specified location.
  • Usually, as expressed by GDP throughout combination with monthly metrics such as an uptick in unemployment, this one has been recognized as two successive quarters of economic downturn.

Some other three options aren't connected to the example described. But the response above is the right one.

3 0
3 years ago
If a salesperson seeks to avoid customer interactions, what are they suffering from?
Leviafan [203]

Call reluctance is what they are suffering from if they tend to avoid customers.

<h3>What is Customer interaction?</h3>

Every company is at the mercy of the people who use it. The market is cutthroat, and consumer expectations have skyrocketed. Simply put, providing a quality good or service is insufficient. The positioning of your brand in the market, however, can be greatly influenced by the relationships you build with your customers. While discussing the importance of customer interactions, it's important to keep in mind that the customer experience is a continuous process. Building stronger ties with your customers is a continuous process.

Before we go into the specifics of how customer interaction can be advantageous for your business, it is crucial to understand what it is. Addressing customer needs and ensuring they are met through the provision of your good or service is referred to as customer interaction. Companies frequently employ salespeople with the necessary training to conduct these customer interactions. Overall, having a better understanding of your customers can give you a competitive edge.

Thus, customer interaction should be taken care of well.

For more information on Customer interaction, refer to the given link:

brainly.com/question/14569242

#SPJ4

4 0
2 years ago
What’s the cost of consumer credit
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The additional amount over the amount borrowed that the consumer must repay. This includes fees, interest, and other charges.

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