Answer:
The answer is below
Explanation:
Merger is a business term that defines the major mean of concentrating businesses. It can be in two different forms, which can either be through the arrangement of a new company or through the through the unification of one or more firms into another firm.
Acquisition however is a business term that describes the purchases of a company's most or all shares, in order gain control that company, buy another company (buyer).
On the other hand, An international joint venture often referred to as IJV is a business term that describes the formation of partnership of companies based in two or more countries, without taking over the other company outright.
Hence, the formation process of a merger, acquisition and international joint venture involves the following:
1. Planning: this stage involves the signing of the letter of intent, advisor appointment, creating and documenting the timetable, transaction method and expert report
2. Resolution: this stage is also vital which involves meetings of Board of Director, extraordinary shareholder, identification of opposition party and go ahead from the antitrust authority.
3. Implementation: this is a stage involving the enrolment of the merger deed in the Company Register.
Answer:
$80
Explanation:
This can be calculated as follows:
<u> Lake Co.</u>
Details $
Customer advances balance Dec 31, 2008 110
Advances received with 2009 orders 195
Advances applicable to orders in 2009 (180
)
Advances from orders canceled in 2009 <u> (45) </u>
Current liability for advances <u> 80 </u>
Therefore, Lake should report $80 as a current liability for advances from customers in its Dec. 31, 2009, balance sheet.
Answer:
Card Verification Number
Explanation:
The card verification number is the additional code printed on the back of the debit or credit card. On most cards it is the last three digits printed on the signature strip located on the back of the card. On American Express (AMEX) cards, this is usually a four-digit code on the front of the card. Since this number is not embossed (like the card number), it is not printed on receipts, so it is unlikely that anyone, In addition to the actual cardholder, know him.
Answer: $67,250
Explanation:
Sales budget : July $100,000, August $75,000, September $100,000, October $70,000, November $110,000, December $94,000
What are the expected cash collections of sales in October
From the question, cash collection of sales has been as follows: 60% of sales collected in month of sales 20% of sales collected in month following sale 7% of sales collected in second month following sale 2% of sales uncollectible
Sales: 75,000 100,000 70,000
August. 45,000.
September 15,000 60000
October 5,250. 20,000 42,000
Total collected in October is 5250+20000+42,000= 67,250
Answer:
After tax cost of debt is 6.82%
Explanation:
Currently the yield to maturity is the pre-tax cost of debt for Hype company, however the after tax cost of debt considers that the bonds are tax deductible , its actual is less than the pre-tax cost of debt , hence the after-tax cost of debt is shown below
After tax cost of debt=yield to maturity *(1-tax)
after tax cost of debt=11%*(1-0.38)
after tax cost of debt=11%*0.62
after tax cost of debt =6.82%
This confirms that cost of debt is usually lower than cost of equity , where shareholders would want an extra premium to compensate them for the increased risk taken by investing in the business.
