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LUCKY_DIMON [66]
2 years ago
15

Ronson Foods, a corporation that operates more than 400 large supermarkets in 12 states in the northeastern United States, is co

nsidering acquiring East Coast Organics, a small chain of 26 specialty food stores known for their friendly atmosphere and humorous advertising. While many see the potential in this acquisition, some analysts worry about the integration process following the acquisition. What is a difference between the two that might cause difficult integration
Business
1 answer:
Kryger [21]2 years ago
7 0

Answer:

It is likely that the way things are done in  Ronson Foods is not the same as it is obtainable in  East Coast Organics,I meant cultural differences.

Explanation:

Without mincing words,culture is about the way things are done in a particular  business environment,ranging from the kind of attitude  to work expected from employees,their dress code,those things that are acceptable during working hours and those that are not acceptable.

For instance, in some organizations it is forbidden to smoke or drink during office hours while it is not a problem at all in some others,what is important is job delivery.

The major challenge with the prospective acquisition of East Coast Organics is cultural blend.

How do we achieve a balance between the two cultures that would be equitable enough for employees to adjust accordingly.

It might so interest one to note that cultural differences might force productive employees of East Coast Organics to another company where such issue does not arise.

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The balance sheet of Cattleman's Steakhouse shows assets of $86,700 and liabilities of $15,200. The fair value of the assets is
Allisa [31]

Answer:

Longhorn Goodwill=$7920

Longhorn should record goodwill on this purchase of $7920.

Explanation:

Longhorn Goodwill=Price Paid to Acquire - Total fair Assets

Total Fair Assets=Fair Value of Assets-Fair Value if Liabilities

Total Fair Assets= $89,900-$15,200

Total Fair Assets= $74,700

Longhorn Goodwill=Price Paid to Acquire - Total fair Assets

Longhorn Goodwill=$82,620-$74,700

Longhorn Goodwill=$7920

Longhorn should record goodwill on this purchase of $7920.

6 0
2 years ago
On the basis of the following data, determine the value of the inventory at the lower of cost or market. Assemble the data in th
Viktor [21]

Answer:

<u>Product</u>        <u>Quantity </u>              <u>LCM</u>                          <u>Total</u>

Model A           300                  $125                         $37,500

Model B           500                   $90                           $45,00

Model C           150                    $59                           $8,850

Model D           800                  $115                         $92,000

Model E           400                  $140                         $56,000

Explanation:

Product        Quantity        Cost Per Unit         Market Value (NRV)

Class 1:

Model A           300                  $140                         <u>$125 </u>

Model B           500                   <u>$90</u>                          $112

Model C           150                    $60                          <u>$59</u>

Class 2:

Model D          800                  $120                          <u>$115</u>

Model E           400                  <u>$140</u>                         $145

When a company records inventory at lower of cost or market value, it will record its inventory at whichever price is lower. E.g. if NRV is lower than purchase cost, then inventory is recorded at NRV. If purchase cost is lower than NRV, then inventory will be recorded at purchase cost.

Models B and E should be recorded at purchase cost while models A, C and D should be recorded at NRV.

Product        Quantity               LCM                        Total

Class 1:

Model A           300                  $125                         $37,500

Model B           500                   $90                           $45,00

Model C           150                    $59                           $8,850

Class 2:

Model D           800                  $115                         $92,000

Model E           400                  $140                         $56,000

8 0
2 years ago
We would expect the total utility of diamonds to be __________ than the total utility of water and the marginal utility of diamo
Gennadij [26K]

We would expect the total utility of diamonds to be <u>lower</u> than the total utility of water and the marginal utility of diamonds to be <u>higher</u> than the marginal utility of water.

<u>Explanation:</u>

The diamond-water paradox presents the puzzling predictions: while water is definitely essential to human existence because without water life can not function, the water price is relatively low. Alternatively, diamonds are actually far less essential to human life, but diamond prices are considerably higher. Thus the effectiveness obtained from water is evidently very high while the utility extracted from diamonds is considerably less.

Here total utility is the aggregate satisfaction of desires and needs gathered from the consumption of a good while marginal utility is the additional satisfaction of desires and needs received from the consumption of one additional unit of good.

7 0
2 years ago
Write 3 to 5 sentences explaining which levels of production provide Alonzo’s cycling with the maximum profit
Delvig [45]

The relationship between cost, revenue and profit can be presented using the formula:

Profit = Revenue - Cost

However, in the table given, the number of bikes produces varies. We cannot properly compare the profits per day. To be consistent, let us determine the profit per unit of bike produced. Simply divide the profit with the number of bikes produced (1st column). After you see the results, we can see that the highest profit is $17.5 per unit of bike produced. Therefore, the maximum profit can be attained when 4 bikes are produced each day.

8 0
2 years ago
Read 2 more answers
Mobility Partners makes wheelchairs and other assistive devices. For years it has made the rear wheel assembly for its wheelchai
Cloud [144]

Answer:

Considering the allocate fixed cost, it would not be a good option.

It will generate a financial disadvantage of 22,950

Explanation:

\left[\begin{array}{cccc}&produce&buy&Differential\\Purchase&&282,600&-282,600\\Variable Cost&270,000&&270,000\\Fixed Cost&68,400&32,850&-35,550\\Total Cost&338,400&315,450&-22,950\\\end{array}\right]

Fixed overhead; 38 x 1800 = 68,400

There is a portion of 35,550 fixed cost which is tracable to the real wheel assembly line thus, will be eliminated.

But 32,850 would not.

Considering this, it would not be a good option to stop the assembly line and purchase the component

7 0
2 years ago
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