<span>The scenario best illustrates a merger. A merger describes the joining of two independent companies to form a combined entity. Mergers tend to be friendly; in mergers, the target Frm would like to be acquired The management at Torque Autos Inc. and RedWing Automobiles Inc. realized that by combining the two entities the stakeholders of both the companies would benefit. Their core competencies would act as complementary assets to each other. Consequently, RedWing Automobiles joined together with Torque Autos to form a combined entity called TorqueWing Autos Inc.</span>
Answer:
B. They are wants related to needs in Column A
Explanation:
The question is incomplete!!!
Please refer the complete question below:
Which of these is true of the items in Column B in relation to Column A?
Column A- water, safe housing, shirt
Column B- coffee, beach house, designer blouse
Answer Explanation
Needs are based on physiological, personal, or socio-economic requirements necessary for you to function and live, like water, safe housing, etc in Column A
Wants are a means to fulfilling our need like coffee, beach house, etc in Column B
Answer:
Explanation:
1 2 3 4 5
sales 15500 7420 8260 10130 19220
Inventory 2200
Ending
inventory 2968 3304 4052 7688
Production 16,268 7756 9008 13766
Total production = 46,798
Workings
Ending inventory
Quarter 1 =40%*7420
Quarter 2 40%*8260= 3304
Quarter 3 40%*10130=4052
Quarter 4 40%* 19220=7688
Production formula
Quarterly sales + ending inventory - opening inventory
Please note that the ending inventory of a quarter is the opening inventory of the next quarter
Answer:
Cost of equity is 11.2%
WACC is 8.74%
Explanation:
The formula for cost of equity is given below:
Cost of equity=risk free rate+(Beta *risk premium)
risk free rate is the treasury bill rate of 4%
Beta is 0.9
market risk premium is 8%
cost of equity=4%+(0.9*8%)=11.2%
WACC=Ke*E/V+Kd*D/V*(1-t)
Ke is the cost of equity of 11.2%
Kd is the cost of debt of 5%
t is the tax rate of 40% or 0.4
E is the equity weighting of 70% or 0.7
D is the debt weighting of 30% or 0.3
V is the E+D=0.7+0.3=1
WACC=11.20%
*0.7/1+(5%*0.3/1*(1-0.4)
WACC=7.84%
+0.90%
=8.74%
The amount to be recorded as depreciation expense on December 31, 2021, is (B) $9,590.
<h3>
What is depreciation expense?</h3>
- Depreciation expense is the cost of a depreciated asset for a specific period, and it reveals how much of the asset's value was used up in that year.
- Accumulated depreciation is the entire amount of depreciation expense given to an asset since it was placed in service.
- A business spends $84,000 on new display racks with a useful life of 7 years (84 months) and no residual value.
- The corporation would most likely choose a straight-line depreciation technique, which would result in a $1,000 monthly depreciation expenditure ($84,000/84 months = $1,000 per month).
The straight-line technique of calculating depreciation expense is given below:
- = (Original cost - salvage value) ÷ (useful life)
- = ($173,000 - $8,600) ÷ (10 years)
- = ($164,400,000) ÷ (10 years)
- = $16,440
In this method, the depreciation is the same for all the remaining useful life.
Now for the 7 months, the depreciation expense would be:
- = $16,440 × 7 months÷ 12 months
- = $9,590
Therefore, the amount to be recorded as depreciation expense on December 31, 2021, is (B) $9,590.
Know more about depreciation expenses here:
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The correct question is given below:
A company purchased factory equipment on June 1, 2021, for $173000. It is estimated that the equipment will have a $8600 salvage value at the end of its 10-year useful life. Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31, 2021, is ______.
(A) $16440.
(B)$9590.
(C)$8220.
(D)$6850.
