Answer:
Leverage buyout
Explanation:
Leverage buyout refers to the acquisition of another company using debt as the main source of financing the deal. The acquiring company borrows from various sources and will often use the assets of the acquired company as collateral. In leverage buyout, the acquiring entity borrows up to 80 percent or more and finances the balance with its equity.
The use of debt enhances the rate of return of the acquiring firm. Greystone Group is using 5 million of its funds and borrowing 20 million. The debts represent 80 percent of the cost of acquisition. The acquiring entity can achieve a higher rate of return by using as little of its funds as possible.
Answer:
Explanation:
Solution:
a) At the end of 2020, facility is 20% full so the 300,000 would be regarded as expenses
Therefore, in the balance sheet, at the end of 2020, 300,000 would be shown as liability.
b) In the financial statements for 2012, 300,000 would be shown as expense and 300,000 would be shown as liability.
That statement is False
<span>a framework or security model customized to an organization, including implementation details is known as a Blueprint
</span>The Blueprints typically explains what things needed by the organization and what results that the organization want to achieve so they could come up with an appropriate strategy
Answer: False
Explanation: The expenses appear directly in the income statement and indirectly in the balance sheet.
It is useful to always read both the income statement and the balance sheet of a company, so that the full effect of an expense can be seen.
Answer and Explanation:
The journal entries are shown below:
On April 8
Cash $9,120
Credit card expense $380 ($9,500 × 0.04)
To Sales $9,500
(Being sale is recorded)
Costs of goods sold $7,021
To Merchandise inventory $7,021
(Being the cost of goods sold is recorded)
On April 12
Cash $7,215
Credit card expense $185 ($7,400 × 2.5%)
To Sales $7,400
(Being sale is recorded)
Costs of goods sold $4,795
To Merchandise inventory $4,795
(Being the cost of goods sold is recorded)
