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kupik [55]
3 years ago
13

23) A merger between a textile mill and a clothing manufacturing company would be considered a

Business
1 answer:
Morgarella [4.7K]3 years ago
7 0
The correct answer is letter B. Vertical Merger. <span>A merger between a textile mill and a clothing manufacturing company would be considered a vertical merger. A vertical merger is a merger between companies, 2 companies that produce various services and goods for a specified finish product.</span>
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West company declared a $0.50 per share cash dividend. the company has 190,000 shares issued, and 10,000 shares in treasury stoc
Damm [24]
To record the dividend declaration
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          Dividend Payable         $90000
to record payment
     Dividend Payable         $90000
           Cash                            $90000

The amount is derived from the shares issued and outstanding so, the 190000 issued is deducted by 10000 treasury shares because treasury shares are reacquired by the company so it is not an outstanding share, then just multiply the answer with the dividend per share to arrive at $90000

190000-10000shares * $.50 =$90000
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3 years ago
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Wich of the following is included in the balance sheet?
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