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
When does it make sense for government to interfere with a pure market outcome?
guajiro [1.7K]
There are several situations when the government has to interfere with a pure market outcome. If the price of a product rises without any significant cause or if there is more supply than demand of a market, then the government can put a price ceiling or floor price of a product. This is purely to keep the economy of a country or state stable.
5 0
3 years ago
Based on the industry-low, industry-average, and industry-high values for the benchmarked data on p. 7 of the FIR, which one of
BARSIC [14]

Answer:

The Correct answer is "The Company’s cost of branded pair sold in the Asia-Pacific region was barely below the industry average".

Explanation:

At the point when the working benefits of the Company's Cost of branded pair sold in the Asia-Pacific district is below the normal of industry-high qualities, the organization's expense of branded pair sold in that area turns out to be subsequently a legitimate sign that there is positively Company's too high relative expense in atleast one components that it enjoys.

3 0
3 years ago
Which type of account typically has low liquidity? AMoney Market Account BCertificate of Deposit (CD) CChecking Account DSavings
natta225 [31]
Likely B. Liquidity is basically the measurement of how quickly a given investment can be turned into cash. If you can sell it or take money from it quickly, it is liquid. Any one of the others (A, C or D) can be withdrawn from in a short time, and thus are very liquid. CDs, however, are set to a specified amount of time. You deposit money for, say, 5 years and then are allowed to withdraw it, not before. Thus, it is not liquid.
8 0
3 years ago
To calculate your return on a stock: If you bought a stock at $80 and earned a $3.00 dividend over the year and at the end of th
grandymaker [24]
New value: $87
new-orig= $7
7/80= 0.0875=87.5%
7 0
3 years ago
Question 13 What is the value of Country 2's net exports?
blondinia [14]
Option B, $45 Billion
6 0
3 years ago
Other questions:
  • The following data are given for Bahia Company: Budgeted production 1,000 units Actual production 980 units Materials: Standard
    12·1 answer
  • What is meant by centralised direction?
    7·1 answer
  • Coronado Industries uses job order costing for its brand new line of sewing machines. The cost incurred for production during 20
    12·1 answer
  • When one party breaches a contract, the other party can choose from one or more of several_____________ . Generally, a court wil
    6·1 answer
  • A​ ladies' suit selling for ​$140 is marked down 25​% for a special promotion. It is later marked down 5​% of the sale price. Si
    7·1 answer
  • A company has $100,000 in "outstanding accounts receivable" and it uses the allowance method to account for uncollectible accoun
    9·1 answer
  • Companies engaged in a single line of business most commonly utilize an organizational structure that can be A. a functional (de
    5·1 answer
  • Identify key components of economic growth
    5·2 answers
  • ZOOm you there lets get on.
    12·2 answers
  • Concern for the environment among consumers causes consumers to substitute away from traditional autos to electric-powered autos
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!