Any acquisition of over 5% (five percent) of the shares of the general public listed company should be disclosed by the acquirer at intervals two (two) days from such acquisition.
Hence, the SEBI (Substantial Acquisition of Shares and Takeover) laws of 1994 were shaped. During this act, Section thirty delineated the procedure to amass the corporate. The acquirer should have a majority shareholder of the corporate to require over the corporate in a very truthful and clear manner.
A tender offer may be a sort of company action within which an organization proposes to get another company. in an exceedingly tender offer. This corporate produces the supply is thought because of the acquirer, whereas the topic of the bid is remarked because of the company.
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Answer:
false
Explanation:
A price floor is when the government or an agency of the government sets the minimum price of a product. A price floor is binding if it is set above equilibrium price
A country is in a recession when the GDP for 2 consecutive quarters is negative.
A binding price floor depends if it is above or below equilibrium
Answer:
b. $ 3,000
Explanation:
Interest expense = $100,000*0,06*6/12
=$3000
Therefore, the interest expense that should be reported on the income statement for the year ended December 31, 2015 is $3000
Answer:
The answer is: $1,219,000
Explanation:
The formula used to calculate Logano Driving School's net capital spending for the year is:
net fixed assets 2018 - net fixed assets 2017 + depreciation expense 2018
net capital spending = $3,300,000 - $2,400,000 + $319,000
net capital spending = $1,219,000
Answer:
a. Depreciation expense is not explicitly included, but depreciation's effects are reflected in the estimated tax payments.
Explanation:
The cash budget is the budget that represents the receipts and payment of transactions held in cash
It includes the interest and dividend payment as it shows the outflow of cash if payment is made in cash
Moreover, it also affects the DSO and includes cash inflows with related to the long term sources such as issuance of bonds
But as we know that the depreciation is a non cash expense so it not much included but its effects are projected in the payment of tax