Answer:
$1.30
Explanation:
The valuation of TJ's = price per share * number of shares in issue
= $16.70 * 2,500 shares = $41,750.
Corner Grocery offer for TJ's of $45,000, and obviously a premium over the market value of TJ's at $41,750.
The price per share of Corner Grocery's offer = 
= $18 per share.
That is, offer value divided by the number of shares to be acquired.
Therefore, merger premium per share = offer price, less market price
= $18 - $16.70.
= $1.30
Hi There :D
Basically it's advanced planning, scheduling, and group buying initiatives, a firm can experience significant cost savings
Answer:
Unsystematic risk
Explanation:
<em>The portfolio theory posits that the total risk on a collection of assets (i,e a portfolio) can be reduced by spreading the invested fund into different assets that are uncorrelated.</em>
<em>According to this model, the total risk on a portfolio is divided into systematic and unsystematic risks. The theory assumed by diversification, the unsystematic risk associated with a portfolio is eliminated.</em>
Unsystematic risk essentially are those unique individual assets for example. if we invest in company stock, risk associated with factors like bad management , law suit against a company, defect in company;s products are example of unique or systematic risks
Answer:
The <u>FIRST STEP</u> of the procure-to-pay cycle is ordering;
Explanation:
The procure to pay cycle is the set of activities required to follow through a buying process in a company, it includes identifying the need, looking for and assigning a vendor, approving the vendor's specifications, receiving the supplies and finally paying the money owed to the vendor. This process consists of five steps:
- ordering
- follow up and expediting
- receipt and inspection
- settlement and payment
- records maintenance
