Answer:
3) physical-asset specificity
Explanation:
In a business to business relationship, physical asset specificity refers to an asset, or product or service designed to fit a particular or specialized customer's need.
In this case, True Tomato needs a very specific type of bottle that probably no other ketchup manufacturer may use or want to use. So their bottle supplier specifically manufactures the tomato shaped bottle to meet True Tomato's specific requirements.
Answer:
Date Particular Dr. Cr.
Jul-1 Treasury stock $6,210
Cash $6,210
Sep-1 Cash $4,840
Treasury stock $3,960
Paid-in capital - Treasury stock $880
Explanation:
Treasury stocks are the company's own shares which is repurchased by the company. It is recorded in treasury shares account which is an contra equity account. I can be reissued or cancelled by the company.
Purchase of Treasury Stock
Treasury Stock = 690 x $9 = $6,210
Sales of Treasury Stock
Cash Receipt = 440 x $11 = $3,300
Treasury Stock = 440 x $9 = $3,960
Paid-in capital - Treasury stock = 440 x $2 = $880
Large states felt that they should have more representation in Congress, while small states wanted equal representation with larger ones. ... Each state would be equally represented in the Senate, with two delegates, while representation in the House of Representatives would be based upon population.
Answer:
a. 2,800,000 shares
b. $49.50
Explanation:
a. Poison is a tactic used by a company threatened with an unwelcome takeover bid to make itself unattractive to the bidder
Shares that the unfriendly outside group must acquire for the poison pill to go into effect is
= 20% of 14,000,000 shares.
= 14,000,000 × 20%
= 2,800,000 shares
b. The new purchase price for the existing stockholders will be
=$66 × (1 - 0.25)
= $49.50
