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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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The following information pertains to Zion Company’s defined benefit pension plan:_______.
kobusy [5.1K]

Answer:

c. $45,000 liability

Explanation:

Fair Value of Plan Asset = Return on asset + employer contribution - Benefit paid

= $22,000 + $40,000 - $0

= $62,000

Projected Benefits Obligation = Service cost + interest cost

= $17,000 + $40,000

= $57,000

Pension asset / (liability) = Opening pension asset/ Liability + Plan asset - Projected Benefit Obligation - Amortization

= $2,000 + $62,000 - $57,000 - $52,000

=  -$45,000

= $45000 Pension Liability

5 0
3 years ago
Which of the following conditions distinguishes monopolistic competition from perfect competition? a. the freedom of entry and e
MariettaO [177]

Answer:

d)product differentiation

Explanation:

monopolism is when only one producer in the area produces the good/service thus there is no competition eg power supply company while perfect competition is when same type of products but different styles are produced making the business environment competitive.

6 0
3 years ago
Units of production data for the two departments of PacificCable and Wire Company for November of the current fiscal year areas
svet-max [94.6K]

Answer:

Answer for the question;

Units of production data for the two departments of PacificCable and Wire Company for November of the current fiscal year areas follows:

Drawing Department Winding Department

Work in process, November 1 7,400 units, 45% completed 3,700 units, 65% completed

Completed and transferred to next

processing department during November 101,400 units 100,100 units

Work in process, November 30 5,600 units, 75% completed 5,000 units, 30% completed

a. If all direct materials are placed inprocess at the beginning of production, determine the directmaterials and conversion equivalent units of production forNovember for the Drawing Department. If an amount is zero, enter in"0".

Drawing Department

Direct Materials and Conversion Equivalent Units ofProduction

ForNovember

Whole Units Direct Materials

Equivalent Units Conversion

Equivalent Units

Inventory in process, November 1

Started and completed in November

Transferred to Winding Department inNovember

Inventory in process, November 30

Total

b. If all direct materials are placed inprocess at the beginning of production, determine the directmaterials and conversion equivalent units of production forNovember for the Winding Department. If an amount is zero, enter in"0".

Winding Department

Direct Materials and Conversion Equivalent Units ofProduction

ForNovember

Whole Units Direct Materials

Equivalent Units Conversion

Equivalent Units

Inventory in process, November 1

Started and completed in November

Transferred to finished goods inNovember

Inventory in process, November 30

Total

is given in the attachment.

Explanation:

3 0
3 years ago
Write notes from any video?
Vadim26 [7]
Yes, you should. Especially if it’s for a test or a grade.
5 0
3 years ago
Whole-life insurance has a cash value for the insured person if he decides to stop paying premiums and cash the policy in.
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Whole-life insurance has a cash value for the insured person if he decides to stop paying premiums and cash the policy in. This statement is a fact (true). If the insured person gives up his policy he will receive the cash value not the face amount. If he dies, his beneficiaries will receive the face amount.
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