1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sergejj [24]
3 years ago
8

If the employees of San Simeon Company successfully borrowed a large sum of money and purchased the firm from its current owners

, we would call this event a(n) ___________.
Business
1 answer:
schepotkina [342]3 years ago
7 0

We would call this event a <u>leveraged buyout (LBO)</u>.

<u>Explanation:</u>

A leveraged buyout is the attempt of buying a company primarily through borrowing. This purchasing involves combination of both equity and debt. The funds borrowed are used to buy out the stockholders in the company. The employees, managers, or investors now become the owners of the firm. The firm is taken private, when the managers buy all of the stock of the firm and take it off the open market.

In the above scenario, the employees of San Simeon company purchases the firm from their current owners by borrowing large sum of money.

You might be interested in
What's an assembly line for business and what does it do? ​
algol [13]

Answer:

An assembly line is basically just a series of workers who assemble identical items in a line. One of the first uses of the assembly line was in Henry Ford's car factory.

3 0
3 years ago
Civil engineering consulting fi rms that provide services to outlying communities are vulnerable to a number of factors that aff
Evgen [1.6K]

Answer:

$894,336

Explanation:

The computation of the present worth of two contracts is shown below:

= (Stable income × PVIFA at 3 years for 10%) + (Signed amount × PVIFA at 2 years for 10%) × PVF at 3 years for 10%

= ($260,000 × 2.4869 ) + ($190,000 × 1.7355 ) × 0.751314801

= $646,594 + $329,745  × 0.751314801

= $894,336

Refer to the PVIFA table and the discount factor table so that the correct amount could come

7 0
4 years ago
The Italian Bread Company purchased land as a factory site for $70,000. An old building on the property was demolished, and cons
Monica [59]

Answer:

Land $80,900

Building $643,000

Explanation

Land

Demolition of old building $9,000

Sale of salvaged materials (1,100)

Legal fees (for title investigation of land) 3,000

Purchase price of land $70,000

Total $80,900

Building

Architect fees (for new building) 20,000

Building construction cost 600,000

Interest cost related to the construction 23,000

Total $643,000

7 0
3 years ago
To exercise due care, an accountant should
Snowcat [4.5K]
The answer to this is C
4 0
4 years ago
A situation (SWOT) analysis requires a firm to consider the external forces and trends that affect it. Some of these may be favo
weqwewe [10]

Answer:

A local government requires that all businesses within the city limits must recycle or be fined. EXTERNAL FACTOR NOT CONTROLLED BY THE COMPANY, THIS IS A TYPE OF GOVERNMENT REGULATION.

Explanation:

  • Shareholders are rewarded with a sizeable dividend check.  INTERNAL FACTOR CONTROLLED BY THE COMPANY.
  • A hiring freeze is put into place. Although no one is fired, no one can be hired.  INTERNAL FACTOR CONTROLLED BY THE COMPANY.
  • A goal is set to close the gap between production costs and profits.  INTERNAL FACTOR CONTROLLED BY THE COMPANY.
  • The firm buys its own fleet of trucks, so it no longer needs to hire a trucking company for distribution.  INTERNAL FACTOR CONTROLLED BY THE COMPANY.

8 0
3 years ago
Other questions:
  • Which of the following causes the most fatal injuries to children in the United States? A. Power window incidents B. Heatstroke
    12·2 answers
  • Complete the statements describing investments by filling in the correct words. Different investments have different levels of a
    9·2 answers
  • The internal business perspective of the balanced scorecard answers which of the following questions?
    6·1 answer
  • True or false: without engaging in international trade, freedonia and sylvania would not have been able to consume at the after-
    7·2 answers
  • HELPPPP List 7 fixed expenses you might find on a budget?
    14·1 answer
  • A new business is likely to need what bank service(s)? *
    7·1 answer
  • Inkamva Lethu was established to offer counseling service for drug addicts and raise substance abuse awareness at no cost, ident
    13·1 answer
  • Jerome has insignificant influence of Melina Corporation because it owns less than 20% of the voting stock. The cost of the Meli
    6·1 answer
  • Entrepreneurial strategies an entrepreneur should adopt when undertaking entrepreneurial business venture
    11·1 answer
  • The title of this talk is “Profit’s Not Always the Point.” But do you think profit is an added perk for companies that make the
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!