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Dima020 [189]
3 years ago
14

GL Inc., a firm facing the threat of bankruptcy, did not want to be acquired by Red Phoenix Inc. because it would make drastic c

hanges to the business, laying off employees and changing the nature of its products and processes. Thus, the management of GL Inc. approached Fortium Inc., which was willing to acquire GL Inc. and maintain the company as is. In this scenario, Fortium Inc. is referred to as a:
Business
1 answer:
nasty-shy [4]3 years ago
5 0

Answer:

white knight

Explanation:

White knight -

It is a hostile and friendly takeover by the some company , is known as white knight .

where as , a black knight is type of unfriendly takeover .

Hence , white knight is preferred to be a hostile one than the black knight .

hence , from the question , In the given scenario , Fortium Inc. is referred to as a white knight .

You might be interested in
Inflation indicates that
mart [117]

Answer:

the Consumer Price Index is rising

Explanation:

The CPI measures the rate of inflation, which is one of the greatest threats to a healthy economy. Inflation eats away at your standard of living if your income doesn't keep pace with rising prices—your cost of living increases over time. A high inflation rate can hurt the economy.

4 0
3 years ago
Factorize the following algebraic expressions.<br>m²-64n⁴​
qaws [65]

Answer:

Factorization of the expression = [m - 8n²][m + 8n²]  

Explanation:

Given expression;

m²- 64n⁴​

Find:

Factorization of the expression

Computation:

m²- 64n⁴​

m²- [(8n²)]²​

Using formula;

a² - b² = (a + b)(a - b)

By putting value in above formula;  

So,

Factorization of the expression  = m²- [(8n²)]²​

Factorization of the expression  = (m)²- [(8n²)]²​

Factorization of the expression = [m - 8n²][m + 8n²]  

5 0
3 years ago
Q 4.41: Pierson Industries has a beginning retained earnings balance of $42,500. An adjusted trial balance shows total expenses
stealth61 [152]

Answer:

=$46,500

Explanation:

Retained earning = beginning retained earning+ earnings - dividends.

For  Pierson Industries

Beginning retained earnings is $42,000

revenues are $104,800

expenses $97,300

Dividends paid out $3,500

Earning for the period will be revenue minus expenses

=$104,800 - $97,300=$7,500

retained earnings are the end of the year will be

= $42,500+$7,500 -$3,500

=$50,000 -$3,500

=$46,500

4 0
3 years ago
Provo, Inc., had revenues of $10 million, cash operating expenses of $5 million, and depreciation and amortization of $1 million
Sauron [17]

Provo's free cash flow for 2008 is $2,600,000

              <u>Income Statement</u>

Revenue                        $10,000,000

Operating expenses   - $5,000,000

Depreciation               -  <u>$1,000,000</u>

EBIT                                $4,000,000

Interest expenses        - $0

Taxes                            - <u>$1,600,000</u>    (40% * $4,000,000)

Net Income                     $2,400,000

Depreciation                  +<u>$1,000,000</u>

Operating cash flow      <u>$3,400,000</u>

Free cash flow = Operating Cash flow - Purchase of equipment - Increase in Inventory

Free cash flow = $3,400,000 - $500,000 - $300,000

Free cash flow = $2,600,000

See related question on this here<em> brainly.com/question/10705084</em>

5 0
3 years ago
Choose the best answer:
Juli2301 [7.4K]

Answer:

Option B is correct.

Explanation:

Option A is incorrect because the expected return must be greater than the marginal cost of the capital which means that the Net Present Value must be positive.

Option B is correct because the increase in cost of debt or capital would increase the weighted average cost of capital. This is because weighted average cost of capital is directly proportional to cost of capital sources.

Option C is incorrect because its not the cost of one of the capital sources, actually it is the weighted average cost of capital which when starts increasing at a point due to increase in the level of financing is known as breaking point.

So the only statement that is correct is option B.

Kindly don't forget to rate the answer. Thanks

3 0
3 years ago
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