Some of the advantages are related to increased market share and product diversification, while the disadvantages are less flexibility and culture shock.
<h3 /><h3>What is an organizational merger?</h3>
Occurs in the legal merger of two or more companies with the aim of forming a new organization.
The horizontal merger occurs between two competitors, the vertical between a buyer and a seller, and the merger of conglomerates occurs in companies from different areas of activity.
Therefore, despite the advantages of increasing market value and positioning, the merger between companies can be a risky strategy if it is not established in a planned way.
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Answer:
Journal entry
Explanation:
Before passing the journal entry we need to do the following calculations
Uncollected amount is
= $4,400 × 50%
= $2,200
Uncollected amount is
= ($4,400 - $2,200) × 0.03
= $2,200 × 0.03
= $66
So, the total amount is
= $2,200 + $66
= $2,266
Now the journal entry is
Bad debt expense $2,266
To Allowance for uncollectible accounts $2,266
(Being the uncollectible account is recorded)
Answer:
Conversion Cost Equivalent units FIFO 39, 125
Explanation:
Beginning WIP 5,000 30% completed
transferred units 39,500
ending WIP 4,500 25% completed
<u>The equivalent units will be:</u>
the transferred units
- complete portion for the beginning WIP
+ complete portion of the ending WIP
transferred out 39,500
work in previous period
5,000 x 30% = (1,500)
worked but not complete
4,500 x 25% = <u> 1, 125 </u>
Equivalent units FIFO 39, 125
Answer:
cash balance tobe reported in the balance sheet 16,880
Explanation:
cash account 16,000
NSF check 240
service charge (80)
amend mistake: 720
adjusted: 16,880
the check oustanding and the deposits in-transit are adjustment for the bank balance. not the firm cash accounting
We must look for data which wasn't know until receive the bank statement.
Those are:
the non-sufficient funds
the service charge
and the accounting mistake
