Katie Homes and Garden Co. has 14,000,000 shares outstanding. The stock is currently selling at $66 per share. If an unfriendly outside group acquired 20 percent of the shares, existing stockholders will be able to buy new shares at 25 percent below the currently existing stock price.A. How many shares must the unfriendly outside group acquire for the poison pill to go into effect?B. What will be the new purchase price for the existing stockholders?

Answers

Answer 1
Answer:

Answer:

a. 2,800,000 shares

b. $49.50

Explanation:

a. Poison is a tactic used by a company threatened with an unwelcome takeover bid to make itself unattractive to the bidder

Shares that the unfriendly outside group must acquire for the poison pill to go into effect is

= 20% of 14,000,000 shares.

= 14,000,000 × 20%

= 2,800,000 shares

b. The new purchase price for the existing stockholders will be

=$66 × (1 - 0.25)

= $49.50


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Why should a manager in an international business care about the political economy of free trade or about the relative merits of arguments of free trade and protectionism

Answers

Answer:

The answer is explained below

Explanation:

To begin with, the policies that the goverments decide to implement in their countries tend to influece in a huge way the companies decisions and therefore its actions as well. Therefore that as a company manager of an international business he needs to stay very updated about the government policies over the countries where his company works. Moreover, the manager will understand that if there is free trade in a country then there will be no problems for his company to start selling there and obtaining the maximum profits as possible and if there is protectionism then the company will have to deal with the policies that the government implemented there. And that is why that as an international business manager he should really care about the policies of the country's government and if there is free trade of protectionism.

Which of the following statements about nonverbal communication is false? Select one: (A) Mastering nonverbal signals will allow you to "read someone like a book." (B) Nonverbal signals can be used to assert both authority and intimacy. (C) A person's voice carries both intended and unintended nonverbal cues. (D) Facial expressions are a primary means of conveying emotions.

Answers

Answer:

(A) Mastering nonverbal signals will allow you to "read someone like a book."

Explanation:

Nonverbal communication refers to all the ways peop`le can communicate without using language like:

  • tone of voice
  • gestures
  • posture
  • eye contact
  • body language

It is more probably that people inccur into nonverbal language without know they do so. In most of the time is unconsciosly

Anyway, mastering will not allow you to fully understand people entirely, people are different and they can expresse something but think different. And this is also applicable to nonverbal communication.

Answer:

The false statement is Mastering nonverbal signals will allow you to "read someone like a book."

Explanation:

Nonverbal signals tell us a lot about a person and his behavior and personality, but we cannot say that triumphing can let us flip through someone like a book.

Most of the time, nonverbal signals are inadequate without verbal communication, and nonverbal signals don't tell us with assurance regarding anything.

Learn more about nonverbal communications refer:

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Bank A has an increase in deposits of $20 million dollars and all bank reserve requirements are 10%. Bank A loans out the full amount of the deposit increase that is allowed. This amount winds up deposited in Bank B. Bank B finds out the full amount possible as well and this amount winds up deposited in Bank C. What is the total increase in deposits resulting from these three banks

Answers

Answer:

Total increase in deposit  = $54,200,000

Explanation:

given data

deposits = $20 million dollars

bank reserve = 10%

solution

we know that Deposit in bank A  is = $20,000,000

and  Reserve @ 10%   = $2,000,000

so

Bank A loans or bank B deposit  will be = $20,000,000  - $2,000,000

Bank A loans or bank B deposit  = $18,000,000

here  Reserve @ 10%  = $1,800,000

so

Bank B loans or Bank C deposit  will be here = $18,000,000  - $1,800,000

Bank B loans or Bank C deposit = $16,200,000

so that

Total increase in deposit will be = Bank A + Bank B + Bank C     ...............1

put here value we get

Total increase in deposit  = $20,000,000 + $18,000,000 + $16,200,000

Total increase in deposit  = $54,200,000

Jay's lease payments are made at the end of each period. Jay's liability for a capital lease would be reduced periodically by theA. Minimum lease payment less the portion of the minimum lease payment allocable to interest.B. Minimum lease payment plus the amortization of the related asset.C. Minimum lease payment less the amortization of the related asset.D. Minimum lease payment.

Answers

Answer:

A is the correct option.

Explanation:

Lease payment is similar to rent which is dictated under the contract between the two parties, which grants participants the legal right for using the real estate holding computers, software and other assets for a specified period of time. The time period for paying lease payment can range a monthly basis to long lengths of 100 years or more. The lease payment is decided by factors such as assets' value, discount rates, and the lessee's credit score.

Blakely charges manufacturing overhead to products by using a predetermined application rate, computed on the basis of machine hours. The following data pertain to the current year: Budgeted manufacturing overhead: $480,000 Actual manufacturing overhead: $440,000 Budgeted machine hours: 20,000 Actual machine hours: 16,000 Overhead applied to production totaled:Select one:a. $352,000b. $384,000c. $550,000d. $600,000e. some other amount

Answers

Answer:

The correct answer is B: $384,000

Explanation:

Giving the following information:

Blakely charges manufacturing overhead to products by using a predetermined application rate computed based on machine hours.

The following data pertain to the current year:

Budgeted manufacturing overhead: $480,000

Actual manufacturing overhead: $440,000

Budgeted machine hours: 20,000

Actual machine hours: 16,000

First, we need to calculate the manufacturing overhead rate:

manufacturing overhead rate= total estimated manufacturing overhead/ total amount of allocation base

manufacturing overhead rate= 480000/20000= 424 per hour

Allocated manufacturing overhead= overhead rate*actual hours= 24*16000= 384,000

Boilermaker House Painting Company1. Sep 3 Paint houses in the current month for $20,000 on account.

2. Sep 8 Purchase painting equipment for $21,000 cash.

3. Sep 12 Purchase office supplies on account for $3,500.

4. Sep 15 Pay employee salaries of $4,200 for the current month.

5. Sept 19 Purchase advertising to appear in the current month for $1,000 cash.

6. Sep 22 Pay office rent of $5,400 for the current month.

7. Sep 26 Receive $15,000 from customers in (1) above.

8. Sep 30 Receive cash of $6,000 in advance from a customer who plans to have his house painted in the following month.

a) Record each transaction. The company uses the following accounts: Cash, Accounts Receivable, Supplies, Equipment, Accounts Payable, Deferred Revenue, Common Stock, Retained Earnings, Service Revenue, Salaries Expense, Advertising Expense, Rent Expense.

Answers

Answer:

Explanation:

The journal entries are shown below:

1. Account receivable A/c Dr $20,000

          To Deferred revenue A/c $20,000

(Being the paint house on account is recorded)      

2. Equipment A/c Dr $21,000

         To Cash A/c $21,000

(Being the equipment is purchased for cash)

3. Supplies A/c Dr $3,500

            To Accounts Payable A/c $3,500

(Being the office supplies are purchased on credit basis)

4. Salaries expense A/c Dr $4,200

        To Cash A/c $4,200

(Being the employees salaries are paid for cash)

5. Advertising expense A/c Dr $1,000

        To Cash A/c $1,000

(Being the advertising are purchase for cash)

6.  Rent expense A/c $5,400

                To Cash A/c $5,400

(Being the rent is paid for cash)

7. Cash A/c Dr $15,000

      To Account receivable A/c $15,000

(Being the cash is received)

8. Cash A/c Dr $6,0000

      To Deferred revenue $6,000

(Being the cash is received)

Final answer:

The transactions of the Boilermaker House Painting Company are recorded considering the cash flow, accounts receivable, and deferred revenues with specific monetary changes respective of each transaction.

Explanation:

The transactions for Boilermaker House Painting Company can be recorded as follows:

  1. Accounts Receivable $20,000 | Service Revenue $20,000 - the company painted houses on credit.
  2. Equipment $21,000 | Cash $21,000 - the company purchased equipment for cash.
  3. Supplies $3,500 | Accounts Payable $3,500 - the company purchased office supplies on credit.
  4. Salaries Expense $4,200 | Cash $4,200 - the company paid employee salaries.
  5. Advertising Expense $1,000 | Cash $1,000 - the company purchased advertising for cash.
  6. Rent Expense $5,400 | Cash $5,400 - the company paid office rent.
  7. Cash $15,000 | Accounts Receivable $15,000 - the company received cash from customers.
  8. Deferred Revenue $6,000 | Cash $6,000 - the company received cash in advance from a customer.

Learn more about Accounting Transactions here:

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