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ryzh [129]
3 years ago
11

Jennifer’s Boutique has 2,100 shares outstanding at a market price per share of $26. Sally’s has 3,000 shares outstanding at a m

arket price of $41 a share. Neither firm has any debt. Sally’s is acquiring Jennifer’s for $58,000 in cash. The incremental value of the acquisition is $2,500. What is the value of Jennifer’s Boutique to Sally’s?a. $26,000b. $27,600c. $57,100d. $58,200e. $60,500
Business
1 answer:
goldenfox [79]3 years ago
4 0

Answer:

c. $57,100

Explanation:

The computation of the value of Jennifer’s Boutique to Sally is shown below:

= (Number of shares outstanding ×  market price per share) + (incremental value of the acquisition)

= 2,100 shares ×$26 + $2,500

= $54,600 + $2,500

= $57,100

We simply find out the market value and then added it to the incremental value of the acquisition

All other information which is given is not relevant. Hence, ignored it

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Alex, who is single, conducts an activity in 2021 that is appropriately classified as a hobby.  The amount of income that Alex must report and the amount of the expenses he is permitted to deduct are:

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An activity or business  is classified as hobby :

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Based on the given information the revenues or income amount of $18,000 will be the  amount that will be reported by Alex  as part of the gross income.

While the expenses or  property taxed amount of $3,000 is deductible because the deductions are itemized deductions.

Inconclusion Alex, who is single, conducts an activity in 2021 that is appropriately classified as a hobby.  The amount of income that Alex must report and the amount of the expenses he is permitted to deduct are:

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Learn more here:

brainly.com/question/16633416

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2 years ago
If you borrow money from a bank, you are the ____________. A. Creditor B. Lender C. Debtor D. Investor
wolverine [178]
<span>If you borrow money from a bank, you are the ____________.  </span>
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Answer:

Option B                  

Explanation:

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Structural unemployment becomes difficult to distinguish with frictional unemployment scientifically, other than to suggest it lasts much longer for every particular individual. Easy demand-side intervention, like with frictional unemployment, won't work to quickly eradicate this form of joblessness.

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3 years ago
Suppose the market for gourmet chocolate is in long-run equilibrium, and an economic downturn has reduced consumer discretionary
VashaNatasha [74]

Answer:

a. Decrease

b. Decline

c. Exit

d. No change

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The market for gourmet chocolate is in the long-run equilibrium, and an economic downturn has caused the consumer disposable income to fall. Chocolate is a normal good, and the chocolate producers have identical cost structures.

a. This decline in the consumer income will reduce the purchasing power of the consumers. As a result, the demand will decrease. The demand curve will move to the left.

b. This leftward shift in the demand curve will cause the price to decline, As the price falls, the profits earned by the producers will decline as well.

c. In the long run, the firms operate at zero economic profits. So a decline in profits imply that the firms are operating at an economic loss. This will cause the loss incurring firms to exit the market.

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Xelga [282]

Answer:

Kate is most likely to Provide a fast response to the customer using customer care software.

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She received a complaint from Mike(who is a customer) about an unnecessary deduction of $10 from his phone credit. If Kate is going to follow her job protocol, she need to provide fast, accurate and precise response to Mike(the customer) using the company customer care software.

Using the software and her knowledge of customer service she should be able to offer a professional approach in answering mike and provide information about the deduction.

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3 years ago
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