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Brut [27]
3 years ago
13

The following happened in a recent M&A transaction:

Business
1 answer:
MAVERICK [17]3 years ago
3 0

Answer: D. A deferred tax asset equal to $52.5 million

Explanation:

Original book basis of PP&E = $650 million

Fair market value = $800 million

Then, we calculate the difference between the fair market value and the original book value which will be:

= $800 million - $650 million

= $150 million

Then, the deferred tax liabilities will be:

= 35% × $150 million

= $ 52.5 million

Therefore, assuming a corporate tax rate of 35% for book purposes, the company should record a deferred tax asset equal to $52.5 million.

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In a _____, a company sets up separate ad departments for different divisions, subsidiaries, regions, brands, or other categorie
rusak2 [61]

Answer:

The answer is decentralised advertising system

Explanation:

A decentralized marketing team results in multiple departments that are all separately responsible for their own marketing activities. The operations of the department are determined by each of the individual constituent divisions within the department itself

6 0
3 years ago
Read 2 more answers
For a recent year, TechMart reported sales of $36,241 million. Its gross profit was $9,785 million. What was the amount of TechM
nydimaria [60]

Answer:

$26,456 million.

Explanation:

The formula to calculate the gross profit is:

Gross profit=Sales-cost of goods sold

Using this formula we can calculate the cost of goods sold as we have the information about the gross profit and the sales:

Cost of goods sold=Sales-Gross profit

Cost of goods sold=$36,241-$9,785

Cost of goods sold=$26,456

According to this, TechMart's cost of goods sold was $26,456 million.

8 0
3 years ago
Hillward Bakers Inc. has been using a logo with the letters"HB-in blue color and a baker's hat above these letters since its inc
notsponge [240]

Answer:

B) Hillward can sue Hobert since the logo has been used by Hillward and is associated with it.

Explanation:

Since Hillwards logo is an elaborate piece of creative art, then they can sue Hobert for using their logo since it was associated directly to them during the past decade. Common logos are not usually protected by copyright unless they show significant creative artwork done.

It is always better and easier to protect a logo when it is a registered trademark but even if you haven't registered it you can still sue and win for infringement. When a company uses a logo, especially for a long time, it is establishing common law trademark rights.

4 0
4 years ago
Given the following information for a retail company, what is the total cost of goods purchased for the period? Purchases discou
BigorU [14]

Answer: $298,800

Explanation:

Cost of goods purchased = Gross merchandise cost + Transportation-in (Carriage inwards) - Purchase discount - Purchase returns

= 304,000 + 6,700 - 3,500 - 8,400

= $298,800‬

8 0
3 years ago
A firm is considering moving from the United States to Mexico. The firm pays its U.S. workers $30.00 per hour. Currently, U.S. w
Rama09 [41]

Answer: $6.00

Explanation:

From the question, we can see that the productivity in the United States is (45/9) = 5 times higher than that of Mexico.

Therefore, the wages in Mexico should be 5 times lower than the wages paid to the workers in the United States. This will be:

= $30.00 / 5

= $6.00

Therefore, in order for the firm to reduce its wage cost per unit of output by moving to Mexico, the wages in Mexico must be below $6.00 per hour.

4 0
3 years ago
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