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Lesechka [4]
3 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]3 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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For a closed economy, GDP is $11 trillion, consumption is $7 trillion, taxes are $2.5 trillion and the government runs a surplus
Alex

Answer:

Option A.

Explanation:

Given information:

GDP = $11 trillion

Consumption = $7 trillion

Taxes = $2.5 trillion

Surplus = $1 trillion

The formula for private saving is

\text{Private saving}=GDP-Tax-Consumption

\text{Private saving}=11-2.5-7

\text{Private saving}=1.5

The formula for national saving is

\text{National saving}=GDP-Consumption-\text{Government purchase}

\text{National saving}=11-7-(2.5-1)

\text{National saving}=11-7-1.5

\text{National saving}=2.5

The private saving and national saving are $1.5 trillion and $2.5 trillion, respectively.

Therefore, the correct option is A.

3 0
3 years ago
According to nutt and backoff's assessment of organizational contexts in terms of their abilities to produce visionary strategic
11111nata11111 [884]

According to Nutt and Backoff's organizational contexts in terms of their ability to produce visionary change, rigid organizations are classified as those that have low resources but high acceptance of the need for change.

<h3 /><h3>What is an organizational context?</h3>
  • Another communication factor that affects the content and delivery of both internal and external messages is the organizational context. Organizations, or any group of individuals working together, can be small, medium, or large in size and have a flat or hierarchical structure, as well as an informal or formal appearance.
  • Regulations issued by the government and modifications to the legislation are two examples of the external context. market economic changes, rivalry inside the firm, etc.
  • The organizational setting has a crucial role in determining attitudes and behaviors (Rousseau, 1978). The findings of a study on employees' attitudes toward their jobs that was done with employees of branch banks and main office banks are presented in this paper.
  • Many techniques, like PEST (political, economic, social, and technological) analysis and SWOT (strengths, weaknesses, opportunities, and threats) analysis, may be used to determine the context of an organization. In order to understand the context of the organization, brainstorming with management is necessary.

According to Nutt and Backoff's organizational contexts in terms of their ability to produce visionary change, rigid organizations are classified as those that have low resources but high acceptance of the need for change.

To learn more about organization, refer to:

brainly.com/question/19334871

#SPJ4

7 0
2 years ago
Which of the following is a guideline for designing forms and reports? Group of answer choices Design a complex navigation syste
lana [24]

Answer:

b. Balance the layout

Explanation:

The guideline for designing forms and reports involve using meaningful titles, including meaningful information, balancing the layout, designing an easy navigation system.

a. Design a complex navigation system False

The goal of designing forms and reports should include an easy navigation system not a complex one.

b. Balance the layout. True

Balancing the layout is a guideline for designing forms and reports which involves clearly labeling all data and entry fields.

c. Include as much additional information as possible to be comprehensive. False

This is not necessary especially if the additional information is not even meaningful. Only needed information should be displayed.

d. Use abbreviations in titles False

The use of meaningful titles is recommended.

e. Limit the forms or reports to 1000 rows False

This is false. It is recommended to use meaningful labels, formatting columns, rows, and text, and formatting numeric, textual, and alphanumeric data instead.

6 0
3 years ago
Winkler company borrows $85,000 and pledges its receivables as security. the journal entry to record this transaction would be:
nalin [4]
Here, there's an increase in cash and a decrease in receivables. Therefore, the journal entries will be as follows
Dr. Cash .... 85000
Cr. Receivables ..... 85000
Cash borrowed against receivables
6 0
3 years ago
When Kelsey decreases her price of lipstick from $7 to $5, she finds that her sales increase from 6 to 7. She faces ________ dem
yuradex [85]

Answer:

elastic; rise

Explanation:

6 0
3 years ago
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