Answer:
1,980,000 $40
Explanation:
The following is given;
No. of outstanding shares = 13,200,000
Unit stock price = $50
Acquisition by the unfriendly outside group= 15%
The existing stockholders buy new shares at 20% below $50.
It is worth learning that poison pill is a tactic used by a company that's threatened with an unwelcome takeover bid to make itself unattractive to the bidder. Through the tactic, the company sells a large number of stocks to existing shareholders at lower prices. Thus,
a) the No. of shares to be sold to the unfriendly group
= 15% * 13,200,000 = 1,980,000
b) They will buy at 20% below $50 which translates to
$50*( 1- 0.2)
$50*0.8 = $40
Thus, the new purchase price will be $40 per stock
Answer and Explanation:
The accounting equation effects of each required adjustment is shown below:-
Transactions Assets
a. Prepaid rent - $1,280
b. Accumulated
depreciation - $1,180
c. NE
d. NE
Transactions = Liabilities + Stockholders' Equity
a. NE Rent expenses -$1,280
b. NE Depreciation expenses -$1,180
c. Accounts payable + $8,200 Utilities expenses -$8,200
d. Income tax payable + $310 Income tax expense -$310
Answer:
Estimated Payable Days = 39
Explanation:
Given:
Annual account Payable = 4,800
Annual revenue = 75,000
Gross profit margin = 40%
Find:
Payable days
Computation:
Annual expense = Annual revenue(1-Gross profit margin)
Annual expense = 75,000(1-0.4)
Annual expense = 45,000
Estimated Payable Days = [4,800 × 365] / 45,000
Estimated Payable Days = 39
Household appliances and pension are exempt
second car and heirlooms are not
#platolivesmatter
Answer:
The answer is: The benefit surpluses shared between consumers and producers will be maximized.
Explanation:
The demand curve shows the relationship between the price of a good and the quantity demanded for that good. As the price of a good decreases, more customers will be willing and able to purchase it.
The supply curve on the other hand, shows the relationship between the price of a good and the quantity supplied of that good. As the price of a good increases, more suppliers will be willing and able to sell it. Suppliers will sell a good as long as its marginal costs are less than its marginal revenue. In other words, they will continue to supply the good as long as their costs are covered.
At any given point where the demand curve and the supply curve intersect, equilibrium point, the benefits for consumers and suppliers all together will be maximized.
