Answer:
Leverage Buyout
Explanation:
A leverage buyout occurs when a company is purchased by using a large amount of debt or borrowed cash to fund the acquisition of such company.
In other words, it occurs when a company purchases another by taking out a loan and uses assets of the acquiring company as a collateral for the new loan .
Hence, Tim and Andy using the assets of Univo corp as collateral portray that they are involved in a leverage buyout.
That’s False
I hope that helped
Answer:
goal incompatibility
Explanation:
Based on the information provided within the question it can be said that this is mainly an example of conflict due to goal incompatibility. This seems to be the main problem in this situation since each department is focusing on a specific goal which benefits that department only but conflicts with the goals of the other department. This causes problems and inefficient workflow within the company.
The only action that cannot be take is the corporation can file a lawsuit against her.
c. the corporation can file a lawsuit against her.
<u>Explanation:</u>
Here Arianna cannot file a lawsuit against the compnay because the company is not at fault but Arianna is. She committed an Ultra Vires act and hence cannot file a lawsuit against the company for a reimbursement. The company didn't had any idea about her actions and she didn't inform.
The key is to have the documentation demonstrating the individual was liable for the damage or harms that happened. Along these lines, truly, you can truly sue for about any explanation if your case meets the best possible criteria.
Answer:
August 1
Dr Legal Expense $9,600
Cr Common stock $8,000
Cr Paid Capital $1,600
August 15
Dr Cash $78,000
Cr Common stock $50,000
Cr Paid in Capital $28,000
October 15
Dr Land $51,000
Cr Common stock $30,000
Cr Paid in Capital $21,000
Explanation:
Preparation of the journal entries to record the stock issuances on August 1, August 15, and October 15.
August 1
Dr Legal Expense $9,600
Cr Common stock $8,000
(800 shares*$10 par value)
Cr Paid Capital $1,600
($9,600-$8,000)
(To record stock issuances)
August 15
Dr Cash $78,000
Cr Common stock $50,000
(5,000shares*$10 par value)
Cr Paid in Capital $28,000
($78,000-$50,000)
(To record stock issuances)
October 15
Dr Land $51,000
Cr Common stock $30,000
(3,000shares*$10 par value)
Cr Paid in Capital $21,000
($51,000-$30,000)
(To record stock issuances)