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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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Answer and Explanation:

Net assets:

Donor without restrictions $488400

Donor with restrictions. $320100

Liabilities:

Notes payable. $250000

Salaries payable. $5000

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$1101000

Assets:

Cash $738000

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Receivables $83000

$1101000

Notes:

1. Cash.

Beginning cash $700,000

contributions $210,000

less salaries $80,000

less equipment purchase $50,000

Membership dues $30,000

Add contribution $10,000

Add investment income $13,000

less advertisement pay $2,000

less pay for supplies $93,000

2.Pledges receivable:

$78,000 plus the $5,000 in interest for period

3. Equipment. acquired equipment at $300,000 during the year.

4. Accumulated Depreciation: depreciation amounted to $20,000 for the equipment purchased till date.

5. Deferred Revenue: deferred revenue amounts to 27500 in membership dues since they've only earned 1/12 of the $30000 in exchange transactions.

6. Notes Payable: amount accrued for equipment

7. Salaries Payable: salaries owed employees as at end of the year

9. Donated Amount in Separate Entity. The organization does not hold variance powers for the amount contributed by a donor and so it's a liability

4 0
2 years ago
Thunder Roads Enterprises makes the following information available:
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Answer:

a. 30,000 units

Explanation:

Please see attachement

8 0
2 years ago
Bay City Mining, Inc. has a price of $20 a share, outstanding shares of 2.5 million, retained earnings of $1 million dollars, an
weqwewe [10]

Answer:

a. 50, which is high by historical standards.

Explanation:

a. 50, which is high by historical standards.

It is high because  current price  is high than earnings.

Earning yield is  the reciprocal of price earning ratio that is = 1/ (P/E ratio) expressed as a percentage.

So

PRice Earning ratio = Market price per share/ Earning per share

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5 0
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Answer:

Total cash disbursement= $40,210

Explanation:

Giving the following information:

The sales budget shows 2,700 units are planned to be sold in March. The variable selling and administrative expense are $3.20 per unit.

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Total cash disbursement= total variable cost + total fixed cost

Total cash disbursement= 2,700*3.2 + (35,770 - 4,200)

Total cash disbursement= $40,210

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