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Aneli [31]
3 years ago
10

A few years ago, in order to gain market share, Blackboard™, a well-known learning management system software company used by ma

ny colleges and universities, joined forces with WEB CT™, another learning management system software company. Both companies were in the same industry and originally competed against one another. In business, we would call the joining of these two firms a(n) ________.
a) vertical merger

b) conglomerate merger

c) horizontal merger

d) applied acquisition
Business
1 answer:
drek231 [11]3 years ago
7 0

Answer: horizontal merger

                             

Explanation: In simple words, horizontal merger refers to a merger in which two companies operating in the same industrious and at the same level merged their business for the ease of operations of both.

In the given case, both the companies were competitors and were in the same industry. Hence the given case depicts horizontal merger.

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Salim has an investment worth $300,000. The investment will make a special payment of X to Salim in 2 years from today. The inve
sasho [114]

Answer: $‭20,455.66

Explanation:

These are fixed payments per year so it is an annuity.

The present value annuity factor for a discount rate of 10% and 6 years duration is 4.3553.

The present value of the investment is therefore;

= 65,000 * 4.3553

= $283,094.5‬0

The special payment in 2 years from today will be;

Special payment = future value of difference between investment amount and investment present value

= (300,000 - 283,094.5‬0) * ( 1 + 10%)^2

= $‭20,455.66

7 0
3 years ago
In this mini-case, IKEA is expanding internationally via franchising and other means. This case focuses on efforts in the United
zvonat [6]

Answer:

Check the following explanations.

Explanation:

1. The benefits of global marketing for IKEA are:

1. Economies of scale in production and distribution of their products. – refers increased cost savings due to increased production and distribution which eventually increase the revenue of the firm.  

2. Diversifying company markets through growth and expansion means its market share and customer base is increased.

3. Company’s reputation is improved- IKEA has now become world famous and the market leader in the industry.

4. IKEA’s power and scope of business has increased in the multiple markets which has made IKEA the most sought after furniture retailing company in Europe and Germany.

2. The fact that Ikea strives to lower costs, minimizes materials and packing, and has catalogs that are completely recyclable shows the company’s Corporate Social Responsibility (CSR) towards the community.

3. One reason for the relatively slow growth in the United States is that its stores are franchised by Netherlands-based Inter IKEA Systems, which carefully scrutinizes potential franchisees—individuals or companies—for strong financial backing and a proven record in retailing.

4. IKEA has used franchising and distribution as the mode of entry into the foreign market.

7 0
3 years ago
all of the following are required for adverse possession except that it must be under a claim of right or color of title open an
Alina [70]

One thing that is not required for adverse possession is confrontation with the owner.

<h3>What is adverse possession?</h3>

Adverse possession refers to the way a person staying on a piece of land, can get the title to that piece of land from the owner by law. But they will need to meet certain requirements for them to be able to do so.

Some of these requirements include:

  • a claim of right or color of title
  • open and notorious use
  • hostile to the true owner's title
  • pay taxes

This means that for one to perform an adverse possession, there is no need for a confrontation with the owner of the land. One can simply get this done with the Courts.

Find out more on adverse possession at brainly.com/question/28167922

#SPJ1

8 0
2 years ago
Bolka Corporation, a merchandising company, reported the following results for October: Sales $ 413,000 Cost of goods sold (all
VMariaS [17]

Answer:

Option (d) is correct.

Explanation:

Given that,

Sales = $ 413,000

Cost of goods sold (all variable) = $ 169,100

Total variable selling expense = $ 20,700

Total fixed selling expense = $ 17,900

Total variable administrative expense = $ 13,100

Total fixed administrative expense = $ 30,400

Gross margin:

= Sales - Cost of goods sold

= $ 413,000 - $ 169,100

= $243,900

8 0
3 years ago
Frank purchased land containing oil reserves for $425,000. He has calculated his cost depletion for the year to be $20 per barre
Aleksandr [31]

THIS IS THE COMPLETE QUESTION BELOW;

Frank purchased land containing oil reserves for $425,000. He has calculated his cost depletion for the year to be $20 per barrel for a total of $120,000 in depletion expense. He now needs to calculate his percentage depletion in case it is larger. His gross income from the oil extraction is $600,000 and he has $520,000 in operating expenses before depletion expense. Assuming this is domestic production, the amount of percentage depletion expense is $______1 of 3. If he uses this method he can deduct $________2 of 3 for tax purposes. He should use the______3 of 3 depletion method to maximize his deduction.

(The percentage depletion rate is15% of gross income and limited to 65% of the net income)

Answer:

1) $52,000

2)$68,000

3) Percentage depletion

Assuming this is domestic production, the amount of percentage depletion expense is ($52,000) If he uses this method he can deduct ($68,000)for tax purposes. He should use the (percentage depletion)method to maximize his deductions.

Explanation:

Given:

Total income = $600,000

operating expense = $520,000

The net income can be calculated as

(Total income - operating expense)

= $600,000 - $520,000 = $80,000

The percentage depletion rate when the gross income is 15% = $600,000 × 0.15

= $90,000

At 65% of the net income can be calculated as

$80,000 × 0.65

= $52,000

1) The percentage depletion rate expenses = $52,000, this is because the $90,000 which is the 15% of the gross income is greater than the value of the net income.

2 )If he uses this method he can deduct

he can deduct The percentage depletion rate expenses from the total of $120,000 in depletion expense which is

$120,000 - $52,000 = $68,000

3) He should therefore use the percentage depletion method to maximize his deductions

3 0
3 years ago
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