A still rectifier spirit is used in scotch production to account for the heads for the purpose of calculating duty.
<h3>what is still rectifier spirit ?</h3>
Rectified spirit, also known as neutral spirits, rectified alcohol, or ethyl spirits of agricultural origin, is highly concentrated ethanol that has been purified using repeated distillation in a procedure named rectification.
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Answer:
$100
Explanation:
Alto's share value = (2,400 × $24) = $57,600
Alto's total value = Share value + Incremental value of acquisition = $57,600 + $5,500 = $63,100
Net present value (NPV) = Alto's total value - Cost of acquisition = $63,100 - $63,000 = $100
Therefore, the net present value of acquiring Alto to Solo is $100.