The private equity firm Clarence Partners is looking at a leveraged buyout

Loss of the Gocha mangrove forests has caused coastal erosion, reducing fish populations and requiring the Gocha Fishing Coopera

BigorU [14]

Answer:

D. Mangrove forests tend to increase the commercial fish populations in coastal fishing grounds

Explanation:

From the scenario, we can see that

''Loss of the Gocha mangrove forests has caused coastal erosion, reducing fish populations and requiring the Gocha Fishing Cooperative (GFC) to partially fund dredging and new shore facilities.''

From the above extract of the scenario it is clear that loss of mangrove forests reduces fish population. If the foregoing is true, then reduction in fish population implies reduction in the revenue of the Gocha Fishing Cooperative. Secondly the loss of mangrove forests has not only led to loss of revenue due to less fish but also increase in cost by having to fund dredging

Therefore, based on the fact that loss of mangrove leads to loss of fish and by extension revenue, planting more trees will lead to more fish and more revenue, apart from the fact that the cost of dredging will not have to be incurred leading to greater revenue.

3 0

3 years ago

In Year 8, Seda Corp. acquired 6,000 shares of its $1 par value common stock at $36 per share. During Year 9, Seda issued 3,000

Elena L [17]

Answer: Please see answer in explanation column

Explanation:

Using the cost method, treasury stock is credited for cost of the shares when it is reissued, while Cash is debited for amount received. Also, additional paid-in capital from treasury stock will be credited to show the difference.

journal entry to record the issuance of 3000 shares in year 9

Date Account Debit Credit

Year 9 Cash (3,000x $50) $150,000

Treasury stock (3,000x$36) $108,000

Additional paid-in capital- treasury stock $42,000

( $150,000 - 108,000)

7 0

4 years ago

Materials used by Square Yard Products Inc. in producing Division 3's product are currently purchased from outside suppliers at

BabaBlast [244]

Answer:

(1) option (d) $72,000 (2) option (a)$8,000 (3) option (c)$80,000

Explanation:

Solution

Given:

Now,

(1) The total cost to be paid to the supplier outside is given below:

= 40,000 units x $5 per unit

= $200,000

The price of transfer to be paid to Division 6 is given as:

= 40,000 units x $3.20 per = $128,000

Therefore, the increase in income from operations for Division C is = $200,000 - $128,000 = = $72,000

(2) The income increase from operations is defined below:

Additional Sales x Contribution Per Unit

Thus,

The per unit contribution = Transfer Price – Variable Cost

= $3.20 - $3 = $0.20 per unit

Hence,

The income increase from operations for Division 6 is given as:

= 40,000 units x $0.20 per unit = $8,000

(3) Now,

The Increase of Income from operations for Division C and the Increase in income from operations for Division 6 becomes,

= $72,000 + $8000 = $80,000

3 0

4 years ago

By tying the salaries of top corporate managers to the price of the corporation's stock, corporations hope to avoid:

Serjik [45]

Answer:

the principal-agent problem

Explanation:

In the case when there is a tied of the top corporate managers salary with the price of the corporation stock so here the corporation should avoid the principal agent problem as it deals with the conflict with respect to the priorities that lies between the person and the representative.

So the above should be the answer

4 0

3 years ago

Use the above adjusted trial balance to prepare Wilson Trucking Company’s classified balance sheet as of December 31, 2017.Cash

eimsori [14]

Answer:

.............................................. Wilson Trucking Company ......................................

................................................ Classified Balance Sheet ......................................

....................................................... December 31, 2017.........................................

Assets

Current assets

Cash .................................................... $5,900

Account receivable ............................ $27,500

Office supplies..................................... $7,590

Total current assets ............................................. $40,990

Non current assets

Land ......................................................................... $48,000

Truck ..................................................... $196,000

Less: Accumlated depreciation - Truck $(40,376) $155,624

Total Non current assets ......................................... $203,624

Total Assets ............................................................... $244,614

Liabilities

Current Liabilities

Account payable................................. $9,900

Interest payable ................................. $7,000

Total current liabilities............................................... $16,900

Long term liabilities

Long term notes payable.......................................... $63,000

Total liabilities............................................................. $79,900

Stockholder's equity

Common Stock ................................... $15,000

Retained earnings............................... $149,714

Total Stockholder's equity......................................... $164,714

Total liabilities and stockholder's equity.................. $244,614

Retained Earnings

= Opening retained earnings + Net Income - Dividends

Net Income

= Revenue - Expenses

= 126,000 (Trucking fees earned ) - 26,043 - 64,722 - 17,000 - 11,868

= $6,367

Retained earnings

= 172,347 + 6,367 - 29,000

= $149,714

8 0

4 years ago