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3 years ago

A leveraged buyout refers to:

Business

1 answer:

GarryVolchara [31]3 years ago

3 0

Answer:

B. A firm goes heavily into debt in order to obtain funds to purchase the shares of the public.

Explanation:

A leverage buyout refers to when any company purchases any other company by using entirely debt and secure that debt with the assets of the same company they are purchasing.

Hope this helps,

Thank You.

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Calculating the Predetermined Overhead Rate, Applying Overhead to Production, Reconciling Overhead at the End of the Year, Adjus

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Answer:

Instructions are listed below

Explanation:

Giving the following information:

Estimated:

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Han uses normal costing and applies overhead based on direct labor hours.

For January, direct labor hours were 8,150.

By the end of the year, Han showed the following actual amounts:

Overhead $166,000

Direct labor hours 79,600

Assume that the unadjusted Cost of Goods Sold for Han was $176,000.

1) Predetermined overhead rate= total estimated overhead for the period/ total amount of allocation base

Predetermined overhead rate=160000/80000= $2 per hour

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3 years ago

You’ve borrowed $23,072 on margin to buy shares in Ixnay, which is now selling at $41.2 per share. You invest 1,120 shares. Your

BlackZzzverrR [31]

Answer:

(a) Since the percentage margin is more than maintenance margin, there would be no call

(b) A margin call would be received when the price is $15.26

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= $22,848

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Assumed value of shares = $1,120X

Borrowed fund = $23,072

Value of equity = $1,120X - $23,072

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392X = $1,120X - $23,072

1512X = $23,072

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