In a command economy, it is the b) government who decides what goods will be produced.
Answer:
$12,000
Explanation:
The main difference between cash basis accounting and accrual accounting is that accrual accounting recognizes revenue only after the earning process is completed. On the other hand, cash basis accounting recognizes revenue and expenses when the money is received or paid, regardless of when the service is provided. This is why the US GAAP doesn't allow cash basis accounting.
The IRS allows cash basis accounting for individuals and small businesses that only deal with cash payments, but they must meet certain criteria:
- partnerships or C corporations with less than $5 million in yearly revenue
- sole proprietorships and S corporations with less than $1 million in yearly revenues
- family owned farms
- you provide personal services and 95% of your revenue comes from it
- no publicly traded corporation is allowed
Answer:
a. 2,800,000 shares
b. $49.50
Explanation:
a. Poison is a tactic used by a company threatened with an unwelcome takeover bid to make itself unattractive to the bidder
Shares that the unfriendly outside group must acquire for the poison pill to go into effect is
= 20% of 14,000,000 shares.
= 14,000,000 × 20%
= 2,800,000 shares
b. The new purchase price for the existing stockholders will be
=$66 × (1 - 0.25)
= $49.50
Answer:
Debt = 83.19%
Equity = 16.81%
Explanation:
Given that
Market value of the equity = $4 billion
Market value of debt = $19.8 billion
Total firm capital would be
= Market value of the equity + Market value of the debt
= $4 billion + $19.8 billion
= $23.8 billion
So, the weightage of debt would be
= Market value of debt ÷ Total firm capital
= $19.8 billion ÷ $23.8 billion
= 83.19%
And, the weightage of equity is
= Market value of equity ÷ Total firm capital
= $4 billion ÷ $23.8 billion
= 16.81%
There are a lot of professions this could pertain to, but one of the most obvious is construction.