Answer:
Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing, and reporting these transactions to oversight agencies, regulators, and tax collection entities. The financial statements used in accounting are a concise summary of financial transactions over an accounting period, summarizing a company's operations, financial position, and cash flows. Accounting is the recording of financial transactions along with storing, sorting, retrieving, summarizing, and presenting the results in various reports and analyses. Accounting is also a field of study and profession dedicated to carrying out those tasks.
Explanation:
Answer:
$1.30
Explanation:
The valuation of TJ's = price per share * number of shares in issue
= $16.70 * 2,500 shares = $41,750.
Corner Grocery offer for TJ's of $45,000, and obviously a premium over the market value of TJ's at $41,750.
The price per share of Corner Grocery's offer =
= $18 per share.
That is, offer value divided by the number of shares to be acquired.
Therefore, merger premium per share = offer price, less market price
= $18 - $16.70.
= $1.30
There are different and incompatible economic goals. (APEX Class ;)