Answer:
$0
Explanation:
is $0 since there is no cost, there is no value for the contract at this date.
The forward conract account will be credited against the amount receivable. Although it is true that no cost is involve in the transaction but the entry will be done to record the fact that a forward contract has been entered into.
Answer:
b $746,000
Explanation:
the amount purchased in year = cost of good sold + Inventory at beginning - Inventory at end = $738,000 + $218,000 - $204,200 = $751,800
The cash payments for merchandise during the year = Account Payable (AP) at beginning - AP at end + Amount purchased in year = $96,200 - $102,000 + $751,800 = $746,000
Answer:
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Answer:
The demand for uniforms Increase by shift to the right, it cause the price increase, therefore the supplies increase and move upward.
Explanation:
Answer:
A. a merger is the combining of two or more companies into a single corporate entity (with the newly created company often taking on a new name), whereas an acquisition is a combination in which one company, the acquirer, purchases and absorbs the operations of another, the acquired.
Explanation:
Definition:
A merger is said to occur when two separate entities combine forces to create a new, joint organization.
An acquisition is referred to the takeover of one entity by another.
Both Mergers and acquisitions may be completed to expand a company's reach or gain market share in an attempt to create shareholder value.