Answer:
C.
Explanation:
From the various options listed, the one that would be considered a systematic-risk event would be if the Federal Reserve increases interest rates 50 basis points. This is mainly because this event would cause various entire markets to be affected, as increasing the reserve interest rates causes the value of the country's currency to devalue and become more expensive to make purchases as well as obtain loans. Therefore affecting a wide range of entire markets throughout the country.
This combination is called CONGLOMERATE MERGER. A conglomerate merger is the unification between firms or companies that are involved in business activities that are no way related to each other. The two types of conglomerate merger are PURE AND MIXED. Pure conglomerate involves companies with nothing in similarity. Whereas for mixed conglomerate, it involves companies that are looking for product or market extensions.
<span> </span>
Answer:
Following are the journal entries to this question:
Explanation:
Date account title Dr. Cr.
Mar.2 Incorporation expense
Common Stock (Par value
)
Paid in excess of par- Common Stock
(Bein 5000 common shares Of par value
each issued )
June. 12 Cash
Common Stock (Par value
)
Paid in excess of par- common stock
(Being 63400 common shares of par value
each issued for
cash)
July-11 cash
Preferred Stock (Par value
)
Paid in excess of par- Preferred stock
(Being 2175 Prefered shares of par value
each issued for
each)
Nov. 28 Treasury Stock
cash
(Purchased 2,350 shares of treasury stock for
).