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3 years ago

Use the following information to answer the question below:

Business

1 answer:

Molodets [167]3 years ago

4 0

Answer:

d) All of the above

Explanation:

Pro forma income statements are basically estimated or expected income statements which do not necessarily comply with US GAAP norms (are not useful in legal terms), but should reflect future outcomes.

In this case, Acquirer didn't simply decide to purchase Target and carried the operation immediately. The process is long and complicated and many times companies negotiate fair values and future cash flows. If you analyze the acquisition process of Whole Foods by Amazon it is very interesting. After negotiations Amazon paid 4 times the capitalization value of Whole Foods.

Before the actual process ends, Acquirer should present a pro forma statement and it must include all the relevant issues about the merger. They already know how much the transaction will cost, what actions will be taken to increase profits and any other major event.

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Beth's business purchased only one asset during the current year (a full 12-month tax year). Beth placed in service machinery (7

nalin [4]

Answer:

the depreciation expense on the equipment will be 1,785 for tax purpose.

Explanation:

We will look into the MACRS (Modified Accelerated Cost Recovery System)

table for a property of seven years placen into service in the 4th quarter:

Which give us 3.57%

now we multiply the basis by the coefficient and get the value for depreciation

50,000 x 3.57% = 1,785 depreciation expense under MACRS

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3 years ago

chegg amazon.com inc. is one of the world’s leading e-commerce companies, with over $386 billion in revenues for the ﬁscal year

MariettaO [177]

With nearly $386 billion in revenues for the fiscal year ending December 31, 2020, Amazon.com.inc. is one of the top e-commerce businesses in the world. Amazon's cost of goods sold for the fiscal year that concluded on December 31, 2020 was $233,307 million.

<h3>What is Amazon.com, Inc.?</h3>

A global American technology business, Amazon.com, Inc., specializes in e-commerce, cloud computing, digital streaming, and artificial intelligence. One of the most valuable brands in the world, it has been called "one of the most significant economic and cultural forces in the globe." Along with Alphabet, Apple, Microsoft, and Meta, it is one of the Big Five American technological firms.

On July 5, 1994, Jeff Bezos launched Amazon from his garage in Bellevue, Washington. It has numerous subsidiaries, including Kuiper Systems (satellite Internet), Amazon Lab126, Zoox (autonomous vehicles), and Amazon Web Services (cloud computing) (computer hardware R&D).

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1 year ago

True or false: The initial result of the Hawthorne studies demonstrated that no matter what the levels of light and noise were,

insens350 [35]

Answer: True

Explanation:

The Hawthorne studies were designed originally in order to show the relationship that existed between productivity and the workplace conditions.

A study like the the level of lighting was used to show correlation with the productivity of the workers and the result was that demonstrated that no matter what the levels of light and noise were, there was an increase in the worker productivity because the workers liked the attention they received by being part of a study.

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3 years ago

A government collects $70 billion quarterly in tax revenue. Each year it allocates $15 billion to the justice system and $29 bil

Anton [14]

Answer:

84.29%

Explanation:

Quarterly tax revenue collected = $70 billion

Thus,

annual tax revenue collected = $70 billion × 4

= $280 billion

Total amount allocated = $15 billion + $29 billion

= $44 billion

Therefore,

Percentage of annual tax revenue allocated

= [ $44 billion ÷ $280 billion ] × 100%

= 15.71%

Hence,

Percentage of its total annual tax revenue is left for allocation to the remaining categories of government spending

= 100% - 15.71%

= 84.29%

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3 years ago

In the article, “Visual Business Intelligence”, Stephen Few claims that visualization analysis and presentation tools are import

leva [86]

Answer:

Explanation:

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3 years ago