Answer:
$30,600
Explanation:
Under FIFO method, units that are purchased first are sold first.
Given:
Beginning inventory = 9,200 units @$8
Purchases in June = 9,300 units @7.6
Purchases in November = 5,100 units @6
Closing inventory as on December 31 was 5,100 units.
Since the company follows FIFO method of inventory valuation, beginning and purchases made in June are sold first. Remaining 5,100 units purchased in November are not sold as they are left unsold at the time of closing.
So December 31 inventory is computed as 5,100 × 6 = $30,600
Answer:
<em>Therefore the gain or loss to the current shareholders of Goodday if the merger provides no synergy is -$10
</em>
Explanation:
Given:
<em>The Total debt remains same after merger at Pre-merger value = $80 + $40 = $120
</em>
<em>The Value of entities together in Economic state 1 = $160 + $20 = $180
</em>
<em>
Net equity in economic state 1 = Value of entities – total debt
</em>
<em>
= $180 - $120 = $60
</em>
<em>Then,</em>
<em>
The Value of entities in Economic state 2 = $40 + $80 = $120
</em>
<em>
Net equity in economic state 2 =
</em>
<em>= $120 - $120 = $0
</em>
<em>
The Both states are equally possible.
</em>
<em>
Expected value of combined entity = ($60 + $0)/2 = $30
</em>
<em>
Market value of Goodday equity before merger = $40
</em>
<em>
Synergy effect = Expected value of combined entity - Market value of Goodday equity before merger= $30 - $40 = -$10
</em>
Answer:
Cognitive dissonance
Explanation:
The cognitive dissonance is composed by the believes, concepts, emotions and values of a person. The individual will try always to act to have a perfect equilibrium between actions, values, believes and any religious concept. As an example if you think that steal is bad you won't steal
The state has extensive authority to determine what goods and services are produced and in what quantities under centrally planned socialism.
A Centrally Planned Economy: What Is It?
A centrally planned economy, commonly referred to as a command economy, is a form of capitalism where decisions about the production and distribution of goods are made by the government. Market economies, where these decisions are the consequence of hundreds of choices made by producers and consumers, are different from centrally planned economies.
Although individual businesses may occasionally be brought into economic planning, state-owned corporations produce goods and services in planned economies frequently. In most cases, a centralized bureaucracy determines the costs, salaries, and production schedules.
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There are several type of leadership styles that a manager can exhibit according to the type of subordinates that she or he is managing and the type of situation that he or she is facing. These styles are autocratic, democratic, and laissez-faire.
From these leadership styles, the behavior that best exemplifies one that an autocratic leader would showcase is refusing to consider options from employees.