The merger is an example of
<h3>What is a vertical merger?</h3>
A merger occurs when one firm is absorbed by another firm. When a merger occurs, one of the firms would not exist as a separate entity while the other firm would continue to exist.
A vertical merger is when a firm purchases another firm in the same production line. e.g. a baker purchases a pastry distributing company.
To learn more about mergers, please check: brainly.com/question/1086715
Answer:
$686
Explanation:
Equation:
Total money earned = 10.25y + 6x
y = total hours
x = number of haircuts
Factoring in the numbers the Equation now is:
Total money earned = 10.25 (40) + 6 (46)
Total money earned = $686
Answer:
Option C
Explanation:
Entry: DEBIT CREDIT
Work in Process Inventory 16,640
Manufacturing Overhead(w) 4,160
Wages Payable 20,800
Working: Manufacturing Overhead = 20,800 x 40% = $4,160
Note: In order to find out the work in progress and manufacturing Overhead we will consider sum of all direct cost as Work in progress and allocate the sum of indirect to Manufacturing Overheads.
1) A small caribbean islands economy depends on tourism. However in recent times, it has seen much less economic activity. Its government decides to let the market correct the situation------Hayek
In contrast to Keynes, Hayek trusted that certifiable recuperation from a post-blast crash called for satisfactory spending as well as for an arrival to economical generation - creation cleansed of blast period mutilations caused by pain free income.
Hayek was expelled as somebody who needed to "exchange work, sell stocks, sell the agriculturists, etc.
2) Flour prices have risen in a country where bread is a stable part of the diet. As a result, bread prices have risen tremendously. In an effort to make bread affordable for it's citizens, the government has limited how much bakers can charge for bread.------------Keynes
During the Great Depression of the 1930s, existing financial hypothesis was not able either to clarify the reasons for the extreme worldwide monetary crumple or to give a sufficient open strategy answer for kick off creation and business.
British economist John Maynard Keynes led an unrest in monetary reasoning that upset the then-overall thought that free markets would consequently give full business—that will be, that everybody who needed an occupation would have one as long as laborers were adaptable in their wage requests.
Answer:
$15,582
Explanation:
On this question, use the Time Value of Money Techniques to find the the Annual Instalment (PMT).The amount of annual installment can be calculated using a Financial Calculator as :
PV = $100,000
N = 10
I = 9 %
FV = 0
P/YR = 1
PMT = ?
Entering the data as shown in a financial calculator gives an annual instalment (PMT) of $15,582.
The payment journal would be :
Note Payable $15,582 (debit)
Cash $15,582 (credit)
Thus, this would be a debit to Notes Payable in the amount of $15,582.
