Answer:
$1.3 per share
Explanation:
Data provided in the question:
Number of shares outstanding of TJ = 2,500
Market price = $16.70
Number of shares outstanding of Corner Grocery = 3,000
Price per share of Corner Grocery = $22.50
Cost of acquiring TJ's share = $45,000
Now,
Merger Premium per share = [ Cost of acquiring TJ's share - Market price of TJ's shares ] ÷ Number shares TJ's outstanding
= [ $45,000 - ( $16.70 × 2,500)] ÷ 2,500
= [ $45,000 - $41,750 ] ÷ 2,500
= $3,250 ÷ 2,500
= $1.3 per share
Answer:
b. False
Explanation:
In a competitive environment, pricing strategy is one of the strategies to ensure efficiency and profitability. But lowering of prices at the expense of deterioration in the quality of product offerings cannot be a recommended strategy.
The four competitive strategies specified by Michael Porter are namely, Cost Leadership, Differentiation, Cost Focus and Differentiation focus.
Under Cost leadership, a firm strives to offer it's products at the lowest cost and be the cost leader in an industry.
Differentiation refers to adding unique attributes and values to the products which differentiates such products from those of the competitors.
Cost focus refers to cost leadership when targeted at a particular marketing segment and similarly, differentiation focus is differentiation when applied to a specific marketing segment.
A firm cannot focus at price at the expense of quality of it's offerings. Thus, keeping prices down isn't all which matters.
Answer:
For business travellers Qb = 3,500 - 10pb
P = 350 - .1Q
And ,for tourists it is Qt = 22,000 - 200 pt
P = 110-Q ÷ 200
Explanation:
Let us assume the demand curve be 
Also at the equilibrium point, MR = MC
So
Now solving these equations
Now putting these values
So,
For business travellers Qb = 3,500 - 10pb
P = 350 - .1Q
And ,for tourists it is Qt = 22,000 - 200 pt
P = 110-Q ÷ 200
Hence, these are the answers that are shown above
Answer:
Explanation:
The journal entries are shown below;
Bad debt expense A/c Dr $2,421
To Allowance for doubtful debts A/c $2,421
(Being bad debt expense is recorded)
The computation of the bad debt expense is given below
= Net sales × estimated percentage given
= $807,000 × 0.3%
= $2,421
To determine the estimated bad debt expenses we debited the bad debt expense account and credited the allowance for doubtful debts
The statute of limitations generally ends three years from the laterof (i) the date the tax return was actually filed (3 years from February 10th of this year) or (ii) the tax return’s original due date (3 years from April 15th of this year).Accordingly,<span>Latoya’s statute of limitations for the tax return will end 3 years from April 15th.</span>
