Answer:
a. $1.38 billion
Explanation:
total assets= total liabilities
total Liabilities = liabilities +shareholders fund
shareholders fund=common stock +retained earning as on the balance sheet date
retained earnings as on bs date= profit at the year-end- loss at the beginning of the year
=60-40= 20 million
shareholders fund =520+20
=540
total liabilities=840+540=1380million i.e 1.38 billion
therefore total asset=1.38 billion
Therefore option A is correct
Answer:
b) How well you understand and use personal finance information
Explanation:
Financial literacy involves understanding and using financial information. When applied, a person is in a position to understand their financial situation and possess the ability to make well informed decisions on matters relating to money. A financially literate person understands how much money comes in and how much goes out and for what purposes. All aspects of their financial wellbeing are intentional.
Answer:
Option C Synergy
Explanation:
Synergy is the additional value that company generates for the shareholders as a result of extensive mutual co-operation in resource management. This extensive mutual co-operation results in lower costs of operations which means both the companies has gain increased profits as a result of synergy.
Synergy is the main reasons why companies acquires companies which is in the same line of business or whose operations are largely similar to those of the company.
Answer: i believe this is true
Explanation:
Answer:
"$170 per unit" is the appropriate response.
Explanation:
The given values are:
Number of units produced
= 4,000
Direct material
= $39
Direct labor
= $71
Variable manufacturing overhead
= $5
Now,
The fixed manufacturing overhead will be:
= 
= 
=
($)
Hence,
The unit product cost under absorption costing will be:
=
On substituting the above values, we get
= 
=
($)