Answer:
$56,600
Explanation:
Given that,
Cassandra's Boutique:
2,100 shares outstanding at a market price per share of $26.
Sally's:
3,000 shares outstanding at a market price of $41 a share.
Acquiring Cassandra's boutique for cash = $58,000
Incremental value of the acquisition = $2,000
We can get the value of Cassandra's Boutique to Sally's by adding the incremental value of the acquisition to the market value of the shares of Cassandra's Boutique.
Firstly, we are calculating the market value of Cassandra's Boutique:
= Outstanding shares × Market price per share
= 2,100 × $26
= $54,600
Therefore, the value of Cassandra's Boutique to Sally's is as follows:
= market value of Cassandra's Boutique + Incremental value of the acquisition
= $54,600 + $2,000
= $56,600
Answer:
Marginal product: 118
Marginal product is 1.68 times average product
New average product: 82
Explanation:
Marginal product is the difference that we found after we add one more unit of production into the business, this means the amount of products that we produce more of, once we hire a new worker or add a new machine, in this case marginal product is 118 units more by hiring an additional worker, and the marginal product divided by the last average product is 1.68 times more, and the new average product would be 328 between 4 which is the new number of workers, which results in 82.
Answer:
Empowerment approach is a type of approach which empowers people to do their tasks and this way they feel more confident working for the company.
Here in this question, I think that empowerment approach can be a good way to improve the responsiveness of the company because this way, it will create a sense of security in amongst the workers and they will feels confident to respond to customer needs by themselves, which in turn will ultimately lead to quick responding to the customer needs by the company. So yes, i think the answer is TRUE.
Hope this clear things up. Thank You.
Due to the error in the recording of correct amount of inventory the ,at the end of Madison river supply balance sheet , the inventory , current assets, total assets and shareholders equity would be understated by $10,400.
Now due to the error in recording correct amount of inventory , in the balance sheet it will be shown as understated by $10,400 ( $555,400 - $5454,000 ) , now because of this the current assets would become understated by the same amount as inventory comes under the current assets.
Since current assets are understated , the total assets of the company would also be understated and so do shareholders equity as the net income has decreased because of the increase in cost of goods sold.
Answer:
state statutes
Explanation:
Usually, if the LLC's operating agreement didn't specify how the profit would be distributed, state statutes determine that the profits must be divided equally among members.
LLC are separate entities form their owners, they are authorized and created by the state's statutes, and they become legal entities in the state where they have their offices and operate.
