We would call this event a <u>leveraged buyout (LBO)</u>.
<u>Explanation:</u>
A leveraged buyout is the attempt of buying a company primarily through borrowing. This purchasing involves combination of both equity and debt. The funds borrowed are used to buy out the stockholders in the company. The employees, managers, or investors now become the owners of the firm. The firm is taken private, when the managers buy all of the stock of the firm and take it off the open market.
In the above scenario, the employees of San Simeon company purchases the firm from their current owners by borrowing large sum of money.
Answer:
c. $156,000
Explanation:
Adjusted gross income = Wage income + Long-term capital gains + Short-term capital gains - Long-term capital losses - Short-term losses
Adjusted gross income = $160,000 + $1,000 + $3,000 - $7,000 - $1,000
Adjusted gross income = $156,000
Thus, Gabriella's AGI for 2017 is $156,000
Answer:
Explanation: The database contains three tables containing information about this company's sales process: Inventory, Sales and Sales items.
The relationship between the above stated database content are:
1. Sales items are what is included in the inventory,
2. Inventory is a list of items available for sale.
3. Sales is the exchange of Inventory for cash.
4. As cash is collected, inventory reduces in quantity.
5. Sales items are included in the inventory and sales is the exchange of sales item for cash.
Answer: 12
Explanation: The ratio of number of times an inventory is used or sold in a specific period , generally a year, is called inventory turnover ratio. It can be computed by using the following formula :-
= 
where,
cost of goods sold = beginning inventory + net purchase - ending inventory
= $50,000 + $460,000 - $30,000
= $ 480,000
average inventory = 
=
= $40,000
so,
inventory turnover ratio = 
= 12
Answer:
10.9%
Explanation:
to calculate the expected return of the portfolio, we first need to calculate the portfolio's beta:
the portfolio beta = (beta UPS stock x weight UPS stock) + (beta Walmart stock x weight Walmart) = (1.4 x 50%) + (0.9 x 50%) = 0.7 + 0.45 = 1.15
portfolio's expected return = risk free rate + (portfolio beta x market risk premium) = 4% + (1.15 x 6%) = 4% + 6.9% = 10.9%
