Answer:
A. Merger
Explanation:
In case of a merger, two or more entities come together and form a new entity. In case of a merger one company takes over all assets and assumes all liabilities of the other company.
Merger offers synergistic gains and achieves economies of scale.
Usually in case of a merger, the business of the other entity is continued as merger usually happens between companies engaged in the same line of business.
In the present case, Rothmans Corporation purchased all assets and assumed all liabilities of Zenco Inc and also retained it's name as the merged entity.
This is a case of a merger.
These transactions would be recorded in the <span>non-cash investing and financing activities. Since this that does not directly affect the cash on hand, instead, the</span> issuance of common stock to retire long-term debt is done.
Answer and Explanation:
- Closing Balance (Retained earning ) of 31 Dec 2018 is called Opening Balance of 1 Jan 2019 , i.e. $42,100
- There is no particular information provide for 1 Jan 2018 .So, assume there is Zero balance of retained Earning
- Calculation of retained earning of 31 Dec 2017
Retained earning $42,100
Less: revenue during the year $19,400
Add: Expenses During the year $9,800
<u>Add : Dividend $500 </u>
Retained earning on 31 Dec 2017 $33,000
- Retained earning is a temporary account So, $33,000 is balance of Retained earning At 30 June 2018.
If they must pay for property's real estate taxes and premiums for insuring the building. The type of lease xyz company sign is:<u> Double net lease.</u>
<h3>What is Double net lease?</h3>
Double net lease can be defined as form of agreement that occur between a tenant and a landlord were the tenant agrees to pay for the cost of rent while the landlord on the other hand agrees to pay for operating expenses incurred by the tenant.
Based on the given scenario the type of the lease xyz company sign is called double net lease as they have to pay for property's real estate taxes as well premiums for insuring the building.
Therefore the type of lease xyz company sign is:<u> Double net lease.</u>
Learn more about double net lease here:brainly.com/question/14244511
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That is false, he took a lot more time trying to find India and instead found America
