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LenKa [72]
3 years ago
8

The following are selected 2015 transactions of Pedigo Corporation.

Business
1 answer:
emmainna [20.7K]3 years ago
5 0

Answer:

Explanation:

The necessary adjusting entries at December 31 to record amortization required by the events above has been prepared.

It should also be noted that due to the goodwill having an indefinite life, no entry was made to amortize the goodwill.

It should be noted that the amortization expense was gotten as:

Annual amortization = $75,000/5

= $15,000

2015 amortization= $15,000 × 8/12months

= $15,000 × 2/3

= $30,000/3

= $10,000

Kindly check the attached file forthe adjusting entries

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Zetatron is an all-equity firm with 100 million shares outstanding, which are currently trading for $7.50 per share. A month ago
AnnZ [28]

Answer:

Zetatron

a. The market value balance sheet for Zetatron:

i. Before this transaction is:

$750 million

ii. After the new securities are issued, but before the share repurchase:

$950 million

iii. After the share repurchase:

$600 million

b.

Number of common shares outstanding after the repurchase = 53.33 million

Value of outstanding shares after recapitalization = $400 million

Explanation:

a) Data and Calculations:

Outstanding shares = 100 million

Current market price = $7.50 per share

Current market capitalization = $7.50 * 100 million = $750 million

b) Capital Restructuring:

Short-term debt = $100 million

Long-term debt = $100 million

Preferred Stock = $100 million

Common Stock = $400 million ($750 - $350)

Market capitalization = $600 million (Long-term, preferred and common stock)

Number of common shares repurchased = 100 million * $350/750 = 46.67 million

Number of common shares outstanding after the repurchase = 53.33 million (100 - 46.67)

Value of outstanding shares after recapitalization = $400 million

5 0
3 years ago
Who can sign a determination and findings justifying the use of an award-fee contract
Elodia [21]

A person that in at least one level higher than the contracting officer is allowed to sign a determination and findings justifying the use of an award-fee contract. An award fee contract is defined as additional profit or fee aount that is awarded based on evaluations during different periods of time for contractors on their performance. This type of evalution is done based on the specific company and their needs.  

3 0
3 years ago
Suppose Country A and Country B each have a GDP equal to $440 billion and $560 billion respectively. Country A has 100 million p
Ber [7]

Answer:

A. Higher in Country A

Explanation:

So to get per capita income

Formula

GDP/Population

Therefore

For Country A

440/100=4.4

Per capita income for country A is 4.4

For Country B

560/175=3.2

Per capita income for country B is 3.2

So the per capita income for country A is higher than Country B

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Which situation best illustrates the concept of scarcity?
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Answer:

a person buying a used car due to limited income

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3 years ago
quizlet If a country can produce more of a good or service, it has a(n) advantage. If the country can produce a good or service
poizon [28]

If the country can produce a good or service at a lower opportunity cost, it has a comparative advantage.

<h3>What is comparative advantage?</h3>
  • In an economic model, agents have a comparative advantage over others if they can produce that good at a lower relative opportunity cost or autarky price, i.e. at a lower relative marginal cost prior to the trade.
  • Comparative advantage describes the economic reality of trade advantages for people, firms, or nations as a result of disparities in their factor endowments or technological progress.
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Therefore, if the country can produce a good or service at a lower opportunity cost, it has a comparative advantage.

Know more about comparative advantage here:

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