e. The world relative supply curve is a straight line passing through the points (1/2, 1/6) and (2, 1/18), representing the opportunity costs of each country.
f. The free-trade equilibrium relative price of cars is 3.
g. Home will export TVs to Foreign in exchange for cars.
h. Both countries are able to consume more of both goods than they would have been able to without trade.
i. Home will be able to produce more TVs and export them to Foreign in exchange for cars.
j. Home's decreased productivity will reduce its comparative advantage in TV production and limit its ability to export.
e. The world relative demand curve can be represented as follows:
Demand for cars/demand for TVs = price of TVs/price of Cars
This equation can be rearranged to give the following linear function:
Price of TVs/Price of Cars = (1/2) x (Demand for Cars/Demand for TVs)
The world relative supply curve can be derived by comparing the unit labour requirements in each country. We know that Home has a comparative advantage in TV production, while Foreign has a comparative advantage in car production. Therefore, Home will have a lower opportunity cost of producing one TV than Foreign, and Foreign will have a lower opportunity cost of producing one car than Home.
The world relative supply curve is a straight line passing through the points (1/2, 1/6) and (2, 1/18), representing the opportunity costs of each country.
f. To find the free-trade equilibrium relative price of cars, we need to find the point where the world relative supply curve intersects with the world relative demand curve. From the world relative demand equation, we know that at the equilibrium, the price of TVs divided by the price of cars must equal 1. This occurs where the demand for cars/demand for TVs equals 1/3 and the relative price of cars is 3. Therefore, the free-trade equilibrium relative price of cars is 3.
g. Home has a comparative advantage in TV production, while Foreign has a comparative advantage in car production. As a result, Home specializes in producing TVs, while Foreign specializes in producing cars. There will be trade between the two countries to take advantage of their respective comparative advantages. Home will export TVs to Foreign in exchange for cars.
h. Both Home and Foreign gain from trade because they are able to specialize in producing the goods in which they have a comparative advantage. Home can produce more TVs than it would have been able to produce without trade, and Foreign can produce more cars. As a result, both countries are able to consume more of both goods than they would have been able to without trade.
i. If the number of workers increases from 900 to 1800 in Home, this will increase its production possibilities. Home's world relative supply curve will shift outward, since it will be able to produce more of both goods at any given price ratio. The new equilibrium relative price will depend on the magnitude of the shift in the world relative supply curve and the elasticity of the world relative demand curve. However, we can say that the gains from trade between Home and Foreign will increase, because Home will be able to produce more TVs and export them to Foreign in exchange for cars.
j. If Home has 1800 workers who are only half as productive in both industries as previously assumed, this means that the unit labour requirements in both industries will double. Therefore, Home's world relative supply curve will shift inward, indicating a decrease in productivity. The new equilibrium relative price will again depend on the magnitude of the shift in the world relative supply curve and the elasticity of the world relative demand curve. However, we can say that the gains from trade will be lower compared to the case described in problem h, because Home's decreased productivity will reduce its comparative advantage in TV production and limit its ability to export.
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Submit your slideshow.Using the information gathered in your interview, create a chart. Be sure to organize the information logically. The chart or table should display the job title, technology used, and its function.
Answer:
U.S Navy.
Explanation:
The U.S Navy are our sea defenders. They use advance systems in their F/A-18 Super Hornets. These include FBW ( Fly By Wire) and HOTAS ( Hands on Throttle and Stick). They also have the E/A-18 Growler. This replaced the E/A-6 Prowler. The E/A-6 is the electronic warfare version of the A-6 Intruder (now retired). You also have the E-2C Hawkeye. The Grey Hound the the transport version. These are used today. But you have the ships. The new USS John F. Kennedy (CVN 79), it went active of December 2019. These are some of the biggest carries. The old Enterprise was the largest in the world. We last used battle ships in 1991 during Operation Desert Storm. They all have been removed from service after 1991. But we have the best cruiser you can buy. The USS Zumwalt! Lets face, you see it, and you are an enemy, don`t bother shooting guided missiles at it, it has chaf, and rockets to intercept these. Just kiss your but good bye cause you are dead. The Ticonderoga class of guided-missile cruisers are armed with well, guided missiles that can hit targets deep inland. These are more effective than the 21 mile range of the battle ships. The functions for all of the U.S Navy`s equipment, is to destroy the enemy while keeping the sailors, and the crew on the ships, not to mention the pilots safe while serving our nation. This is just a few of their technology since some is classified and it would take hours or maybe days to read.
Managers at World Imports/Exports, an international company with operations in China and the United States, are often heard complaining about the difficulties in achieving synergy and cooperation between the employees of both the countries. After extensive research it was concluded that the cultural differences between these countries, which resulted in different work-related values, caused the lack of cooperation. In order to effectively tackle this problem, World Imports/Exports should
Answer:
vary its management processes and practices to account for these differences.
Explanation:
Considering the situation described above the World Imports/Exports should "vary its management processes and practices to account for these differences."
This is because the extensive research that was conducted showed that the main reason for the lack of synergy and cooperation between the workers in two different countries is cultural differences.
how do you start a business successfully
Managers from multiple functions can come together as part of a _______ to solve a specific corporatewide problem.
Managers from multiple functions can come together as part of a task force to solve a specific corporatewide problem.
Who is a manager?It should be noted that a manager simply means an individual in and organization that controls and guides the team to achieve the goals of the organization.
In this case, managers from multiple functions can come together as part of a task force to solve a specific corporatewide problem
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Who is Jake from Statefarm??
Answer:
my baby daddy.
Explanation:
I forgot to take the pill :(
Answer:
god
Explanation:
jake from state farm is god. *period*
Sound and Cinema is a company that builds home theaters. It advertises in publications that are mailed to homeowners in subdivisions where the least expensive homes are $550,000. These homeowners are the ______________ for Sound and Cinema.
The homeowners given as per the condition above are the target market for Sound and Cinema company.
What is a target market?The market which has the most amount of potential for a business to sell its products and services, is known as the target market for an organization.
Hence, the significance of target market is aforementioned.
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an asset used in a 4-year project falls in the 5-year macrs class (macrs table) for tax purposes. the asset has an acquisition cost of $18,180,000 and will be sold for $4,040,000 at the end of the project. if the tax rate is 24 percent, what is the aftertax salvage value of the asset?
To calculate the aftertax salvage value of the asset, we need to determine the tax depreciation each year and the taxable gain or loss on the sale of the asset. Aftertax salvage value of the asset is $3,788,592
First, let's calculate the annual depreciation using the MACRS table for 5-year property:
Year 1: 20.00%
Year 2: 32.00%
Year 3: 19.20%
Year 4: 11.52%
Year 5: 11.52%
Year 6: 5.76%
Using these percentages, we can calculate the annual depreciation as follows:
Year 1 depreciation: $18,180,000 x 20.00% = $3,636,000
Year 2 depreciation: $18,180,000 x 32.00% = $5,817,600
Year 3 depreciation: $18,180,000 x 19.20% = $3,491,200
Year 4 depreciation: $18,180,000 x 11.52% = $2,092,160
Year 5 depreciation: $18,180,000 x 11.52% = $2,092,160
Year 6 depreciation: $18,180,000 x 5.76% = $1,047,600
Next, we can calculate the adjusted basis of the asset at the time of sale by subtracting the total depreciation from the acquisition cost:
Adjusted basis = $18,180,000 - ($3,636,000 + $5,817,600 + $3,491,200 + $2,092,160 + $2,092,160 + $1,047,600)
Adjusted basis = $2,993,280
The taxable gain or loss on the sale of the asset is the difference between the sale price and the adjusted basis:
Taxable gain or loss = $4,040,000 - $2,993,280 = $1,046,720
Since the asset was held for 4 years, the tax depreciation taken over the life of the asset is $14,183,760 ($3,636,000 + $5,817,600 + $3,491,200 + $2,092,160).
Using the tax rate of 24%, we can calculate the tax liability on the taxable gain as follows:
Tax liability = $1,046,720 x 24% = $251,408
Therefore, the aftertax salvage value of the asset is the sale price minus the tax liability:
Aftertax salvage value = $4,040,000 - $251,408 = $3,788,592
So, the aftertax salvage value of the asset is $3,788,592.
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Brooks Development Corporation (BDC) faces the following capital budgeting decision. Six real estate projects are available for investment. The net present value and expenditures required for each project (in millions of dollars) are as follows:
Project 1 2 3 4 5 6
Net Present value ($Millions) $15 $5 $13 $14 $20 $9
Expedature required ($Millions) $90 $34 $81 $70 $114 $50
There are conditions that limit the investment alternatives:
• At least two of projects 1, 3, 5, and 6 must be undertaken.
• If either project 3 or 5 is undertaken, they must both be undertaken.
• Project 4 cannot be undertaken unless both projects 1 and 3 also are undertaken.
The budget for this investment period is $220 million.
a. Formulate a binary integer program that will enable BDC to find the projects to invest in to maximize net present value, while satisfying all project restrictions and not exceeding the budget
Making a capital budgeting choice! In order for me to better assist you, kindly give me with the net present value and necessary expenses for each of the six real estate projects.project (in millions of dollars) are as
Making a financial plan for a specific time period for a company or a person is the process of budgeting. It entails anticipating and allocating resources for upcoming costs while accounting for anticipated revenue, costs, and other financial commitments. Budgeting is crucial because it makes it possible to monitor an organization's financial development and guarantees that its financial resources are used wisely. It offers a framework for making decisions and aids in finding possible areas for cost-saving strategies and savings. There are many different sorts of budgets, including operational, capital, cash, and master budgets. Accurate financial information, reasonable assumptions, ongoing monitoring, and review are necessary for effective budgeting.
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What is limited resources in economics?
Limited resources in economics refers to the finite amount of resources (natural, human, and financial) that are available to produce goods and services.
This concept is central to the study of economics because it helps explain why scarcity exists and how governments and individuals must make decisions about how to allocate these resources. Because resources are limited, they must be used efficiently and carefully so that as many people as possible can benefit from them. The are generally also called as scarce resources.
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Please help me. I will mark you as brainliest !!
The rule of supply and demand says that
A. as price increases, demand decreases
B. supply and demand both increase with price
C. as demand increases, price increases
D. as demand decreases, price increases
Answer:
The answer is C
Explanation:
Let's say that we have 100 cars unique in the world and each car's value is 10000$. Now, let's say that you have 3 cars like the last ones, 3 cars unique in the world? You won't sell them at 10000$, you have to increase the price because the cars are very rare.
As of that date, XYZ reported in its balance sheet equity section of common stock outstanding of $75,000 and retained earnings of $150,000.
The fair value of the non-controlling interest was $50,000 at the acquisition date.
The excess paid by ABC related to XYZ equipment that had a fair value of $25,000 above book value and a remaining economic life of 8 years at the date of the business combination.
At the end of 2022, ABC reported net income of $40,000 and paid dividends of $20,000.
At the end of 2022, XYZ reported a net income of $50,000 and paid dividends of $20,000.
Required:
1) Please provide the journal entries recorded by ABC for 2020 on your books if you account for your investment in SXYZ using the equity method.
2) Provide the necessary consolidation entries as of December 31, 2022 to prepare the consolidated financial statements of ABC and subsidiaries.
1) Journal entries recorded by ABC for 2020 (equity method):
a) Initial investment in XYZ:
Investment in XYZ (DR) $50,000
Cash (CR) $50,000
b) Share of XYZ's net income:
Equity in earnings of XYZ (DR) $25,000
Investment in XYZ (CR) $25,000
c) Share of XYZ's dividends:
Investment in XYZ (DR) $10,000
Dividends (CR) $10,000
2) Consolidation entries as of December 31, 2022:
a) Elimination of excess paid related to XYZ equipment:
Investment in XYZ (DR) $25,000
Equipment (CR) $25,000
b) Elimination of non-controlling interest:
Non-controlling interest (DR) $50,000
Retained earnings (DR) $50,000
Investment in XYZ (CR) $100,000
c) Recognition of ABC's share of XYZ's net income and dividends:
Equity in earnings of XYZ (DR) $25,000
Investment in XYZ (CR) $25,000
d) Consolidation of net income:
Net income (DR) $40,000
Equity in earnings of XYZ (DR) $25,000
Non-controlling interest (CR) $10,000
Retained earnings (CR) $55,000
e) Consolidation of dividends:
Dividends (DR) $20,000
Investment in XYZ (CR) $10,000
Non-controlling interest (CR) $10,000
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Why is communism disappearing?
Answer:
communism is disappering Because of the overpowering status of Capitalism.
Explanation:
an investor, age 52, with funds in a 401(k) plan, is leaving her employer and wants to transfer the funds to an ira account at your firm. which of the following statements is true? qid: 3571180 mark for review a there will be a 10% penalty b there will be a 50% penalty c there will be no penalty d there will be no penalty but the amount transferred will be taxable
An investor, age 52, with funds in a 401(k) plan, is leaving her employer and wants to transfer the funds to an IRA account at your firm. There will be no penalty is true. Thus, option (c) is correct.
It is crucial to keep in mind that if the transfer is executed improperly, it can be viewed as a distribution and subject to taxation and perhaps an early withdrawal penalty.
Additionally, there may be a 10% federal penalty tax (with some circumstances) on withdrawals of contributions and gains made before age 59 1/2 if the money is converted to a regular IRA.
Unless certain conditions are met, the investor who needed access to the funds after they have been rolled over to an IRA risked incurring the 10% penalty.
Therefore, option (c) is correct.
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Your question is incomplete, but most probably the full question was.
An investor, age 52, with funds in a 401(k) plan, is leaving her employer and wants to transfer the funds to an IRA account at your firm. which of the following statements is true?
A. there will be a 10% penalty B. there will be a 50% penalty C. there will be no penalty D. there will be no penalty, but the amount transferred will be taxable.Distinguish among corporate, business, and functional strategies. how does each strategy relate to hrm? why?
Corporate, business, and functional strategies are the three levels of strategic management that run across the organization and somehow, relate to Human Resource Management (HRM).
Corporate Strategy: It involves top-level management and represents the big-picture goal of an organization.
How: HRM takes a key role in shaping the corporate strategy of the organization and also ensures that the organization as a whole is working together to reach its goals.Why: The role of HRM directly contributes to the future success of the organization as HRM ensures that all actions are planned and integrated with the corporate strategy.
Business Strategy: It defines competitive advantages for each business department by delivering goods and values to customers based on the current market trend.
How: HRM analyzes the current market trends and aligns the organization working with those trends as well as provides the required resources.Why: HRM gives the organization an edge to compete by maximizing productivity and introducing products and services to the market before the competitors.
Functional Strategy: It is a detailed working plan for achieving the organization’s goals within each business department.
How: HRM aligns goals from the top of the organization all the way down to the individual employees for increasing performance. Why: When employees with required skills are recruited it affects business in positive ways since human is the most valuable resource.You can learn more about company strategy at
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A strategy that changes in response to new market conditions and challenges is known as
a. a differentiation strategy.
c. a proactive strategy.
c. a static strategy.
d.an evolving strategy.
A strategy that changes in response to new market conditions and challenges is known as an evolving strategy.
What is strategy ?Strategy is a plan of action designed to achieve a long-term or overall aim. It involves setting goals, determining actions to achieve the goals, and mobilizing resources to execute the actions. A strategy describes how the end goal will be achieved by outlining the steps that will be taken to reach it. It involves making decisions about the direction of a business, the resources needed to achieve objectives, and the methods used to monitor progress and evaluate results. Strategy is essential for any organization, as it helps to define the direction in which the business is headed and the methods used to reach its goals.
Therefore, the correct option is D.
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Write 9.58 times 10^(2) in standard notation. pls help!
its math btw
Bitcoin is worth it?
Why do corporate sponsors pay athletes and entertainers to use their products?
Answer:
It increases brand visibility, recognition, and associates it with someone successful and popular.
Explanation:
If athletes could use performance-enhancing drugs then one athlete could have an unfair advantage over another, making he/she more marketable.
what is pupil reflex?
Answer:
constriction of the pupil that is elicited by an increase in illumination of the retina
Explanation:
One limitation of solely considering traditional measures of risk and return can be that not all investors are solely profit-driven and care only about financial returns. Increasingly investors are also ___________ and require at least some positive social or environmental impact.
value-driven
values-driven
profit-driven
environmentally driven
One limitation of solely considering traditional measures of risk and return is that not all investors are solely profit-driven. There is an increasing number of investors who are also value-driven
When investors are value-driven, they require at least some positive social or environmental impact from their investments. This means that they consider not only the financial returns but also the broader societal and environmental implications of their investments.
By solely focusing on traditional measures of risk and return, such as profitability and market performance, investors may overlook the potential social and environmental impacts of their investments. This can lead to a narrow perspective that disregards the long-term sustainability and ethical implications of their investment choices.
For example, a value-driven investor may prioritize investing in companies that promote renewable energy, fair labor practices, or gender equality. They may choose to avoid industries that contribute to environmental degradation, human rights violations, or social inequality.
In conclusion, one limitation of solely considering traditional measures of risk and return is that it fails to account for the values and preferences of investors who prioritize positive social or environmental impact. Taking into account these value-driven considerations can provide a more comprehensive assessment of investment opportunities.
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Suzie is not big on innovation. She opened up a bed and breakfast in the area that she grew up in. She does not have plans for expanding quickly. The type of business Suzie owns can best be described as a _________ firm.
The type of business Suzie owns can best be described as a small-scale or lifestyle firm.
A small-scale firm typically refers to a business that operates on a smaller scale, often with a limited number of employees and a local customer base. It is characterized by its owner's preference for maintaining a manageable size and avoiding rapid growth or expansion.
In Suzie's case, her bed and breakfast business in her hometown reflects her inclination towards a slower-paced and more personally fulfilling venture, rather than pursuing rapid innovation or aggressive expansion. The focus is on providing a unique and personalized experience to a niche market, emphasizing quality over quantity. Suzie's business aligns with her lifestyle choices and allows her to have more control and connection with her community, customers, and the overall operations of her establishment.
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Countries rely on each other for good and services, this is called economic
A
balance of trade
B
interdependence
с
international trade
D
quota
Answer:
B. interdependence
Explanation:
Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.
Economic integration can be defined as a strategic trade arrangement between countries to eliminate or mitigate trade barriers, as well as coordinate fiscal and monetary policy among its members.
There are different types of market or trade bloc used in economic integration and these includes;
I. Customs union
II. Free trade area
III. Common market
IV. Political union
VI. Economic union
A free trade area (zone) can be defined as an economic area wherein goods are exported or imported from one country to another without being subjected to normal trade laws such as quotas, bureaucratic requirements and tariffs of the country. Thus, a free trade area (zone) stimulates or enhances foreign trade, investment and globalization.
Hence, when countries rely on each other for good and services, this is called economic interdependence.
Economic interdependence can be defined as a situation in which two or more individuals, organizations or countries depend on one another through the exchange of goods and services, in order to meet their demands or needs.
which of the following sentences uses work as an adjective?group of answer choicesbernardo's work includes a lot of traveling to various manufacturing sites.bob and yolanda must work overtime to finish the proposal by the deadline.each monday a new work schedule is posted online for employees to view.
The sentence that uses "work" as an adjective is: C) Each Monday a new work schedule is posted online for employees to view. Option C
In this sentence, "work" is used as an adjective to modify the noun "schedule." It indicates that the schedule being referred to is related to work or employment. The word "work" in this context describes the type of schedule that is being posted for the employees, distinguishing it from other types of schedules.
In sentence A, "work" is used as a noun. It refers to the tasks or activities that Bernardo is responsible for, and it is the main subject of the sentence.
In sentence B, "work" is used as a verb. It describes the action of Bob and Yolanda engaging in overtime work to complete a proposal by the deadline.
Sentence C, on the other hand, uses "work" as an adjective to describe the type of schedule being posted. It conveys that the schedule is specifically related to work and is created for employees' reference and planning.
Therefore, sentence C is the correct answer as it uses "work" as an adjective. Option C
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Note: The complete question is:
which of the following sentences uses work as an adjective?group of answer
A) choicesbernardo's work includes a lot of traveling to various manufacturing sites.
B) bob and yolanda must work overtime to finish the proposal by the deadline.
C) each monday a new work schedule is posted online for employees to view.
Tamar Co. manufactures a single product in one department. All direct materials are added at the beginning of the manufacturing process. Conversion costs are added evenly throughout the process. During May, the company completed and transferred 23,500 units of product to finished goods inventory. Its 5,400 units of beginning work in process consisted of $17,300 of direct materials and $329,940 of conversion costs. It has 3,600 units (100% complete with respect to direct materials and 80% complete with respect to conversion) in process at month-end. During the month, $497,600 of direct material costs and $2,519,100 of conversion costs were charged to production.
Prepare the journal entry dated May 31 to transfer the cost of completed units to finished goods inventory. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar.)
Answer:
May 31, 202x, 23,500 units completed and transferred out
Dr Finished goods inventory 2,984,500
Cr Work in process 2,984,500
Explanation:
beginning WIP 5,400 units
materials $17,300
conversion $329,940
ending WIP 3,600 units
materials 100% complete
conversion 80% complete (2,880 EU)
units completed and transferred out 23,500
units started and completed 18,100
costs added during the period
materials $497,600
conversion $2,519,100
total costs
materials $514,900
conversion $2,849,040
total EU
materials 18,100 + 5,400 + 3,600 = 27,100
conversion 18,100 + 5,400 + 2,880 = 26,380
cost per EU
materials $514,900 / 27,100 = $19
conversion $2,849,040 / 26,380 = $108
total = $127
costs assigned to finished units = $127 x 23,500 = $2,984,500
You just started your first full-time job, and one of the benefits is a retirement savings plan. Someone in the human resources department is going over your benefits and says that you have make choices about how the retirement savings plan is invested. She gives you some papers to read and asks you to stop by and let her know your choices when you come to work tomorrow. What must you consider as you read the information and make your choices? Answer in complete sentences.
I need to be aware that investment options and the market conditions can change over time, and I should regularly review and adjust my investment choices as to ensure I am on the track to meet my retirement goals.
What is retirement?Retirement is a phase in a person's life when they choose to stop working or reduce their work hours. It is a time when people typically have reached a certain age, have accumulated enough savings or investments, and are ready to leave the workforce. Retirement can be a voluntary decision or forced due to health issues or other reasons. During retirement, individuals can pursue hobbies, travel, spend time with family and friends, and engage in leisure activities they did not have time for while working. Retirement also involves careful financial planning to ensure that one's income will be sufficient to support their lifestyle and cover expenses, such as healthcare and housing. Many people also choose to seek advice from financial planners and other professionals to help them navigate this phase of life.
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Describe a product that you think has saturated its market. What makes you think it has saturated its market?.
One of the products that have saturated its market is smartphones. This is because the number of individuals who own smartphones is very high and there are very few individuals who do not own a smartphone.
What makes smartphones the market saturated is that smartphone brands have tried to capture a larger market share by adding more features and this makes their phones more expensive.
This means that there are fewer individuals who are able or willing to upgrade to the newer models. Additionally, most of the smartphone brands have almost similar features and as a result, individuals have no reason to change to another brand.
Therefore, consumers have very limited choices to choose from. Smartphones have also been in the market for a while and are no longer considered as a luxury item but more of a necessity.
Consumers prefer to purchase a smartphone rather than the old traditional phones due to the convenience that they offer such as browsing the internet, checking emails, and so on.
In summary, the smartphone industry has reached its saturation point since most of the consumers own smartphones, brands have similar features, and consumers find no need to upgrade to the newer models.
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quaker, maker of oatmeal-based breakfast cereals, recently introduced a completely new family of oat-based beverages to compete with nondairy milk products. what is this strategy called?
This strategy is called as Brand Extension.
Explanation:
When a business applies one of its well-known brand names to a new product or new product category, this is known as brand extension. Sometimes people refer to it as "brand stretching." The goal of a brand extension is to assist a company launch its newest product by leveraging its existing brand equity. The business depends on its existing clientele's brand loyalty, which it hopes will make them more receptive to new products from the same brand. If it is successful, a brand extension can assist a business in reaching new demographics, growing its clientele, boosting sales, and increasing overall profit margins.
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Book Print erences On January 1, 2021, Casey Corporation exchanged $3,244,000 cash for 100 percent of the outstanding voting stock of Kennedy Corporation. Casey plans to maintain Kennedy as a wholly owned subsidiary with separate legal status and accounting information systems. At the acquisition date, Casey prepared the following fair-value allocation schedule: Fair value of Kennedy (consideration transferred) Carrying amount cquired Excess fair value to buildings (undervalued) to licensing agreements (overvalued) to goodwill (indefinite life) 366,000 (196,000) $3,244,000 2,600,000 644,000 $ $ 170,000 474,000 Immediately after closing the transaction, Casey and Kennedy prepared the following postacquisition balance sheets from their separate financial records (credit balances in parentheses).
After the acquisition, Casey Corporation and Kennedy Corporation prepared separate postacquisition balance sheets. The balance sheets provide a snapshot of the financial position of each company immediately after the transaction.
The postacquisition balance sheets of Casey and Kennedy Corporation provide a detailed breakdown of their financial positions after the exchange. The balance sheets include assets, liabilities, and equity.
For Casey Corporation, the balance sheet would include the fair value of Kennedy Corporation, which is the consideration transferred ($3,244,000). It would also include the excess fair value allocated to buildings ($170,000), licensing agreements ($474,000), and goodwill ($644,000). The carrying amount acquired from Kennedy Corporation would be $2,600,000.
For Kennedy Corporation, the balance sheet would show its carrying amount acquired by Casey Corporation, which is $2,600,000. It would also reflect the undervalued buildings ($366,000) and the overvalued licensing agreements ($196,000).
These separate balance sheets demonstrate the financial position of Casey Corporation and Kennedy Corporation after the acquisition. They provide insights into the assets, liabilities, and equity of each company, as well as the fair value allocations and any resulting excess fair value. The balance sheets serve as important financial records for both companies following the transaction.
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Annoying isn't it. When people purposely answer your question when they know it's completely useless. Kinda like how I specifically told people NOT to answer the questions I asked because I was doing an experiment, and every time I did that, two people purposely answered my question when they were told not to.
People are d. i. c. k. s.
Answer:
wow
Explanation:
I'm gonna type a random answer
Question 2 of 10
FBLA-PBL state chapters usually have a number of elected.
represent the state's various regions.
OA. Treasurers
OB. Presidents
OC. Secretaries
OD. Vice Presidents
who
SUBMIT
FBLA-PBL state chapters usually have a number of elected, treasurers who represent the state's various regions. Thus, option A is correct.
What is FBLA-PBL?FBLA-PBL stands for Future Business Leaders of America-Phi Beta Lambda, whose main goal is to develop some business opportunities and strengthen the basis of kids and give them opportunities for growth and development.
FBLA-PBL state chapters are an organized body that typically represents and bring the name forward for the person that can be elected to be the treasurer, where they plan and execute a trip and select the worthy candidates. Therefore, option A is the correct option.
Learn more about FBLA-PBL, here:
https://brainly.com/question/17819804
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Answer:
D. Vice Presidents
Hope this helps :)