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12345 [234]
3 years ago
12

Two years ago, Jason Jennings and Mary Scott each owned a small chain of bagel restaurants in Orange County, California. Just re

cently, they decided to pool their interests and combine their individual chains of restaurants into one chain. What Jason and Mary did with their firms is called a(n):
Business
1 answer:
ololo11 [35]3 years ago
7 0

Answer:

What Jason Jennings and Mary Scott did with there firm is called merger.

Explanation:

Merger is when two existing independent business entities come together to become one entity. Some of the possible reasons Jason Jennings and Mary Scott decided to merge are:

To enjoy the economy of large scale production

The take advantage of synergy associated with merger

To reduce fixed cost

To make their business more competitive e.t.c.  

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Identify the accounting​ concept, assumption, or principle that best applies to each of the following​ situations: a. Inflation
lianna [129]

Answer:

The list is follows:

a. Inflation has been abound​ 2.5% for some time. Village Realtors is considering measuring its land values in​ inflation-adjusted amounts - Stable-monetary-unit assumption

b. You get an especially good buy on a laptop​, paying only $ 300$300 when it normally costs $ 800. What is your accounting value for this laptop? - Historical cost principle

c. Burger King​, the restaurant​ chain, sold a store location to McDonald. How can Burger King determine the sale price of the store long dash—by a professional​ appraisal, Burger King​'s original​ cost, or the amount actually received from the​ sale? - Historical cost principle

d. General Motors wants to determine which division of the company long dash—Chevrolet or Cadillac long dash—is more profitable - Entity assumption

6 0
3 years ago
Ward and June are in the 32% tax bracket. A bond of Dell Computer Corporation with a face value of $10,000 is included in their
polet [3.4K]

Answer:

Tax Savings = 200

Explanation:

If Ward and June carry the bond, tax would be:

⇒ Interests * tax rate

⇒ 1000 * 32% = 320

They gift bond to their son, Wally, whose tax would be:

⇒ Interests * tax rate

⇒ 1000 * 12% = 120

The tax savings related to the transfer of Bond is:

⇒ 320 - 120 = 200

5 0
2 years ago
Read 2 more answers
Carlisle Company has been cited and must invest in equipment to reduce stack emissions or face EPA fines of $18,500 per year. An
Ahat [919]

Answer:

equivalent annual cost: 19,784.81

The investment is not economically justified as it is cheaper to pay the fines than invest in the equipment to avoid them.

Explanation:

We calcualte the PMT of a 75,000 dollars equipment at 10%

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV 75,000

time 5

rate 0.1

75000 \div \frac{1-(1+0.1)^{-5} }{0.1} = C\\

C                 $ 19,784.811

EPA fines:    <u>   </u><u>$ 18,500.00  </u>

differential:          (1, 284.81)

3 0
3 years ago
Which is a commonly used resource for international ethical guidelines for human subjects research?
Andrei [34K]

Answer:

CIOMS International Ethical Guidelines for Biomedical Research Involving Human Subjects

Explanation:

International Ethical  Guidelines for  Health-related Research  Involving Humans  are prepared by the Council for International Organizations of Medical Sciences (CIOMS)  in collaboration with the  World Health Organization (WHO) . The ethical justification for undertaking health-related research involving humans is its  scientific and social value: the prospect of generating the knowledge and the means   necessary to protect and promote people’s health. Patients, health professionals, researchers,  policy-makers, public health officials, pharmaceutical companies and others rely on the  results of research for activities and decisions that impact individual and public health,  welfare, and the use of limited resources. Therefore, researchers, sponsors, research ethics  committees, and health authorities, must ensure that proposed studies are scientifically  sound, build on an adequate prior knowledge base, and are likely to generate valuable  information.  

4 0
3 years ago
Economists have remained skeptical of the argument that the​ short-run Phillips curve is vertical for all of the following reaso
Harlamova29_29 [7]

Answer: A- Workers and Firms May not have rational expectations.

5 0
3 years ago
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