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Lesechka [4]
2 years ago
7

Silver Enterprises has acquired All Gold Mining in a merger transaction. The following balance sheets represent the premerger bo

ok values for both firms: Silver Enterprises Current assets $ 9,200 Current liabilities $ 4,960 Other assets 2,300 Long-term debt 4,390 Net fixed assets 16,500 Equity 18,650 Total $ 28,000 Total $ 28,000 All Gold Mining Current assets $ 2,280 Current liabilities $ 1,980 Other assets 820 Long-term debt 0 Net fixed assets 5,390 Equity 6,510 Total $ 8,490 Total $ 8,490 Construct the balance sheet for the new corporation if the merger is treated as a purchase for accounting purposes. The market value of All Gold Mining's fixed assets is $6,790; the market values for current and other assets are the same as the book values. Assume that Silver Enterprises issues $12,740 in new long-term debt to finance the acquisition. (Do not round intermediate calculations and round your answers to the
Business
1 answer:
Keith_Richards [23]2 years ago
8 0

Answer:

See below

Explanation:

Silver Enterprises

Post Manager Balance sheet

Current assets

$11,480

Other assets

$3,120

Goodwill

$6,790

Net fixed assets

$21,890

Current liabilities

$6,940

Longterm debt

$17,130

Equity

$18,650

Current assets = $9,200 + $2,280 = $11,480

Other assets = $2,300 + $820 = $3,120

Current liabilities = $4,960 + $1,980 = $6,940

Net fixed assets = $16,500 + $5,390 = $21,890

Long term debt = $4,390 + $12,740 = $17,130

Equity = $18,650

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Answer:

yesss but i graduated in 2017

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3 years ago
The payment of accounts payable would
Tema [17]
Decrease assets, decrease liabilities. Accounts payable are what the business owes (liabilities). By paying off accounts payable, the liabilities are decreasing (they owe less) and the assets are also decreasing (because they use assets/cash to pay off the liabilities, so they have less now).

Hope that helps
3 0
3 years ago
ABC Ltd. uses EOQ logic to determine the order quantity for its various components and is planning its orders. The Annual consum
viktelen [127]

Answer:

The Total Cost of Inventory is $4,024,000

Explanation:

The computation of the total cost is shown below:

= Purchase cost + ordering cost + carrying cost

where,

Purchase cost = Annual consumption × Cost per unit\

                       = 80,000 × $50

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Ordering cost = (Annual demand ÷ EOQ) × Cost to place one order

                       = (80,000 ÷ 8,000) × $1,200

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Carrying cost = (EOQ ÷ 2) × carrying cost percentage × Cost per unit

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Now put these values to the above formula  

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8 0
3 years ago
Suppose that Par, Inc., management encounters the following situations:
Anna11 [10]

Answer:

[a]. 10560, [b]. 14160, [c]. 7668.

Explanation:

[a]. In order to be able to solve this particular question we have to consider what is known as LINEAR PROGRAMMING.

We have the assumption that the function to be equals to 10A + 9B. The first step that we need to take here is to find the constraint for the linear programming relaxation which is;

1/2A + 5/6B \leq 600.

1/10A + 1/4B \leq 135. Thus, A \geq0 and B

With the help of excel solver and graphs, that we have the profit at $18 we are going have the value of A =300 and B =420. Therefore, the optimal solution = [300,420].

Thus, we have the objective function value to be = 10,560. [that is 10 * 300 + 420 * 18}.

[b]. For option b, where the profit increases to $20, the optimal solution lies on A =708 and B =0. Hence, objective function value = 14,160[ that is 20 * 708 + 0].

[c]. Here, there is increase in the sewing operation capacity to 750 hours. Therefore, we will have the value of A = 540 and B = 252.

Thus, the objective function value = 7668.

8 0
3 years ago
Adam borrows $4,500 at 12 percent annually compounded interest to be repaid in four equal annual installments. the actual end-of
Kazeer [188]
Use the formula of the present value of an annuity ordinary which is
Pv=pmt [(1-(1+r)^(-n))÷r]
Pv present value 4500
PMTthe actual end-of-year payment?
R interest rate 0.12
N 4 equal annual installments
Solve the formula for PMT
PMT=pv÷[(1-(1+r)^(-n))÷r]
PMT=4,500÷((1−(1+0.12)^(−4))÷(0.12))
PMT=1,481.55
8 0
3 years ago
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