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Gwar [14]
3 years ago
11

Why do corporations merge into conglomerates

Business
1 answer:
GarryVolchara [31]3 years ago
8 0
To create rapid growth 

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A portfolio has three stocks - 300 shares of Yahoo (YHOO),300 Shares of General Motors (GM),and 100 shares of Standard and Poor'
Anna35 [415]

Answer:

The answer is C) 20%, 30%

Explanation:

First we need to calculate the value of the respective investments in the different shares.

Yahoo - 300 x $20 = $600

General Motors - 300 x $30 = $900

SPY - 100 x $150 = $1500

Now we need to express Yahoo and GM as a percentage over the total value. The total value is $ 3000

Yahoo - 600/3000 x 100 = 20%

GM - 900/3000 x 100 = 30%

Therefore the answer is C) 20%, 30%

5 0
4 years ago
Read 2 more answers
Morrow Enterprises Inc. manufactures bathroom fixtures. The stockholders’ equity accounts of Morrow Enterprises Inc., with balan
Pani-rosa [81]
The answer is: <span>Jan. 7. Paid cash dividends of $0.18 per share on the common stock. The dividend had been properly recorded when declared on Nov 30 of the preceding fiscal year for $66,600. </span>
<span>Dr Common Dividends Payable 66,000 </span>
<span>Cr Cash 66,000 </span>

<span>Feb. 9. Issued 50,000 shares of common stock for $600,000 </span>
<span>Dr Cash 600,000 </span>
<span>Cr Common Stock 400,000 (50,000 x $8 par value) </span>
<span>Cr Additional Paid-In Capital 200,000 </span>

<span>May 21. Sold all of the treasury stock for $300,000 </span>
<span>Dr Cash 300,000 </span>
<span>Cr Common (Treasury) Stock 240,000 </span>
<span>Cr Additional Paid-In Capital 60,000 </span>

<span>July 1. Declared a 4% stock dividend on common stock, to be capitalized at the market price of the stock, which is $13 per share. </span>
<span>400,000 - 30,000 + 50,000 + 30,000 = 450,000 shares outstanding </span>
<span>Dr Stock Dividends 234,000 (450,000 x 4% x $13 market price) </span>
<span>Cr Stock Dividends Distributable 144,000 (450,000 x 4% x 8 par value) </span>
<span>Cr Additional Paid-In Capital 90,000 (450,000 x 4% x 5 excess of par value) </span>

<span>Aug. 15. Issued the certificates for the dividend declared on July 1 </span>
<span>Dr Stock Dividends Distributable 144,000 </span>
<span>Cr Common Stock 144,000 </span>

<span>Sept. 30. Purchased 10,000 shares of treasury stock for $100,000. </span>
<span>Dr Common (Treasury) Stock 100,000 </span>
<span>Cr Cash 100,000 </span>

<span>Dec 27. Declared a $0.20-per-share dividend on common stock </span>
<span>400,000 - 30,000 + 50,000 + 30,000 +18,000 - 10,000 = 458,000 shares now outstanding </span>
<span>Dr Cash Dividends 91,600 (458,000 x $0.20) </span>
<span>Cr Common Dividends Payable 91,600 </span>

<span>31. Closed the credit balance of the income summary account, $485,000. </span>
<span>Dr Income Summary 485,000 </span>
<span>Cr Retained Earnings 485,000 </span>

<span>31. Closed the two dividends accounts to Retained Earnings. </span>
<span>Dr Retained Earnings 234,000 </span>
<span>Cr Stock Dividends 234,000 </span>

<span>Dr Retained Earnings 91,000 </span>
<span>Cr Cash Dividends 91,000 </span>

<span>3) </span>
<span>7,100,000 Beginning balance </span>
<span>+ 485,000 </span>
<span>- 234.000 </span>
<span>- 91,000 </span>
<span>= 7,260,000 Ending balance </span>

<span>4) </span>
<span>3,824,000 Common Stock (468,000 x 8) </span>
<span>+ 950,000 Additional Paid-In Capital (600,000 + 200,000 + 60,000 + 90,000) </span>
<span>+ 7,260,000 Retained Earnings </span>
<span>- 100,000 Treasury Stock </span>
<span>= 11,934,000 Total Stockholders' Equity</span>
5 0
3 years ago
If a company wanted to finance the purchase of equipment without diluting shareholders equity, which of the following operation
Jobisdone [24]

Answer:

Issuing convertible bonds

Explanation:

Convertible bonds are corporate bonds that can be exchanged for common stock in the issuing company. Companies issue convertible bonds to lower the coupon rate on debt and to delay dilution. A bond's conversion ratio determines how many shares an investor will get for it.

5 0
2 years ago
Inicell Inc., an American camera manufacturing company, wanted to import a few camera parts from Ruelia, an Asian company. Howev
jonny [76]

Answer:

B. tariff

Explanation:

A tariff is a form of tax imposed on imported goods by a country .

Quotas place a limit on the quantity of goods that can be imported.

Embargo prohibits the sale of certain goods.

Voluntary export restraint is when an exporting country limits the amount of goods it exports.

I hope my answer helps you

8 0
3 years ago
If you were starting a company, what would be included in your social
lesya692 [45]
I would hire professionals
8 0
3 years ago
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