Answer: A merger results in reduced competition and a larger market share. Thus, the new company can gain a monopoly and increase the prices of its products or services
Explanation:
Answer:
Explanation:
dang u expect us to do that nooos
Answer:
<u>November 1</u>
Loaned $18,600 cash to Manny Lopez on a 12-month, 10% note.
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Dr Notes receivable 18,600
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Cr Cash 18,600
<u>December 11</u>
Sold goods to Ralph Kremer, Inc., receiving a $47,250, 90-day, 8% note.
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Dr Notes receivable 47,250
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Cr Sales revenue 47,250
<u>December 16</u>
Received a $58,200, 180 day, 9% note in exchange for Joe Fernetti’s outstanding accounts receivable.
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Dr Notes receivable 58,200
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Cr Accounts receivable 58,200
<u>December 31</u>
Accrued interest revenue on all notes receivable.
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Dr Interest receivable 728.25
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Cr Interest revenue 728.25
How to calculate interest:
Lopez: $18,600 x 10% x 2/12 = $300
Kremer: $47,250 x 8% x 20/360 = $210 (using a 360-day year; 20 days)
Fernetti: $58,200 x 9% x 15/360 = $218.25 (using a 360-day year; 15 days)
Total $728.25
Results showed that organizational commitment was more strongly related than job satisfaction with turnover intentions for the tellers, but not for the professionals. Job satisfaction was related more strongly than organizational commitment with supervisory ratings of performance for both samples.
Answer:
Generally consists of a company's cumulative net income less any net losses and dividends declared since its inception
Explanation:
Retained earning is the balance of a company's profit that is retained after the distribution of dividend declared to it's shareholders.
A company that makes profit at the end of a reporting period usually make dividend declaration to its shareholder. The accumulation of these declarations are then taken out of the profit earned by the company. The balance when dividends declared(since it's inception) by the company is taken out from its profit, including any net losses is known as retained earning.