Why do you think some private corporation choose to go public and why might others decide to remain private?
Q: Which of the following motives for M&A transactions (from the perspective of the shareholders of the…
A: Mergers and Acquisitions are strategic arrangements entered between the shareholders of two or more…
Q: F Corp. has P3,000,000 worth of investment in 10%, 7-year bonds, which the company acquired in 2018.…
A: Purchase year of bonds = 2018 Sale year of bonds = 2020 Gain = P400,000 Since bonds are sold within…
Q: Assume that markup is based on cost. Calculate the cost and sellin Note: Round your answers to the…
A: Introduction:- A mark-up is a percentage is added to the cost of a product. It is the difference…
Q: The allowance for doubtful accounts of Chico Company as of January 1, 20X1, amounted to P550,000.…
A: The allowance for doubtful accounts is created to record estimated bad debt expense for the period.…
Q: hey I need help with this accounting question please no online answers just short simple number…
A: The accounting equation states that assets equal to sum of liabilities and equity. The transactions…
Q: How much is the premium expense for the year ended December 31, 2022? (b) How much is the estimated…
A: A. Premium Expense for the year ended December 31, 2022 is 374,000.00 B. Estimated liability for…
Q: The table below lists the principal amounts of each bill auctioned and the scale of bidding on 26th…
A: Bid-to-cover ratio The monetary amount of bids that were received compared to the amount of…
Q: Which of the following items would appear on the consolidated statement of financial position at the…
A: Answer: Option a
Q: 7-Eleven operates a number of convenience stores worldwide. Assume that an analysis of operating…
A: The question is based on the concept of cost accounting. Fixed cost remains same in total but…
Q: Question Content Area Journalize the following selected transactions for Long Company's first month…
A: Lets understand the basics. Jorurnal entry is required to made to record event and transaction that…
Q: answer numbers 12-15 with complete solution. incomplete answer will be given down vote
A: 12.Prevention cost: Quality engineering P65000 Quality circles…
Q: LO.2 Ed, an employee of the Natural Color Company, suffered from a rare disease that was very…
A: Gross income: - Gross income refers to the total income earned by an individual before any deduction…
Q: For each employee listed, use the percentage method to calculate federal income tax withholding for…
A:
Q: Miller CompanyAdjusted Trial BalanceDecember 31 Line Item Description Debit Credit Cash 8,130…
A: The journal entries are prepared to record the business transactions on regular basis. The closing…
Q: trial balance
A: Trial balance is the statement where all the items of the company is reported as the debit balance…
Q: ABC Company, a department store operates a customer loyalty program.The entity grants program…
A: Revenue recognition is one of the accounting principle being used in business, which helps in…
Q: Champs Inc. applies overhead at the rate of 80%. The applied overhead rate is determined using…
A: The overhead is applied to the production on the basis of predetermined overhead rate. The total…
Q: Show your complete solution in a word file. A debt of P350,000 is to be amortized by 6 equal…
A: AMORTIZATION SCHEDULED A loan amortization schedule is a table that shows each periodic loan…
Q: he divisions. The annual depreciation of the equipment is P6,400; and the annual cost to operate the…
A: Sunk cost are those cost that do not affect future business decisions. This is because of the nature…
Q: Prepare a flexible production budget for the year ending December 31 for Cedar Jeans Company using…
A: Variable cost is the cost which remains same per unit but varies in total with the number of units…
Q: Which of the following statements are true? (i) If an investor has more than 50% ownership, it…
A: Answer: option c
Q: What is the adjusted net income under the standard absorption costing
A: The Adjusted Net Income Under The Standard Absorption Costing = 236,000
Q: AP6-14A (Current and quick ratios) The following amounts were reported by Liquid Company in its most…
A: Current ratio and Quick ratio are those liquidity ratios which helps in analysing liquidity position…
Q: "Gabriella bought a house for $997,000 and paid $179,000 as a down payment. If the interest rate is…
A: The question is based on the concept of Financial Management. Total cost of the house = Down payment…
Q: pots) Ponchard, a chain of candy stores, purchases it's candy in bulk. In a recent shipment,…
A: Profit per unit is the amount of earnings made by an entity after deducting the relevant expenses…
Q: Problem 2: Identifying Cost Behavior. Mining, Inc., is trying to identify the cost behavior of the…
A: Variable Cost :— It is the cost which is changes with change in units. It is constant in per unit…
Q: Data are as follows: In year 2020, sales are 150,000 units with Selling price per unit of 10 and VC…
A: The contribution margin is calculated as difference between sales and variable costs. The operating…
Q: Transactions and events during 2021 (summarized in thousands of dollars) follow: a. Borrowed $11…
A: Journal Entries :— It is an act of recording transaction in books of account when it is occurred.…
Q: A downtown bar hosts a live music event in order to increase sales. When analysing the sales and…
A: Variable Cost :— It is the cost that changes with change in units. It is constant in per unit.…
Q: (b) What amount will be reported as an adjustment to the beginning balance of retained earnings to…
A:
Q: Prepare Income Statement for the year ended 31 December 2021.
A: Income statement is one of the important financial statement being prepared in business. Main…
Q: 1. Journal entries to record the above transacti 2. Cost of Goods Sold Statement for January, 2022.…
A: Journal Entry A journal entry is a record of a business's financial transactions kept in its…
Q: KEW Enterprises began operations in January 20X1 to manufacture a hand sanitizer that promised to be…
A: Preparation of worksheet are as follows
Q: C and D form the CD, LLC even partnership. A contributed land with an adjusted basis of $50 and FMV…
A: 704(b) Capital Account Each Member shall create a 704(b) Capital Account, which shall be managed in…
Q: 1Which one of the following source documents will be used to make an entry in the debtors journal…
A: Answer:- Debtor journal meaning:- This diary keeps track of any transactions in which the company…
Q: How much is the maximum level of new short term loans it can secure without violating the policy?
A: Current ratio is that ratio that identified the amount of current assets corporation has to settled…
Q: Windhoek Manufacturers produces two products, Amber and Black. The following cost estimates have…
A: Throughput accounting gives managers information which helps them in making the decisions that will…
Q: East Hill Home Healthcare Services was organized five years ago by four friends who each invested…
A: A Sole Proprietorship is a business that is owned or controlled by an individual. A Partnership is…
Q: Kaede, Itona, and Ritsu are partners with capital balances of P80,000, P200,000, and P120,000,…
A: Partnership is a form of business in which two or more people come together to do business with the…
Q: Income statement Statement of owner’s equity Balance Sheet
A: Income statement shows the net income or net loss that is calculated by deducting the expenses from…
Q: On January 1, 2022, Last Chance Mine (LCM) purchased a coal deposit for $1,000,000. LCM estimated it…
A:
Q: A higher dividend payout ratio entails? A• Lower marginal cost of capital B• Higher investment…
A: Dividend Payout Ratio - It is the ratio of Net income generated by the company of which a portion is…
Q: Patriot Company manufactures flags in two sizes, small and large. The company has total fixed costs…
A: The Break-even point indicates that total units are to be sold by the business entity to recover its…
Q: Question 3. A small hazardous waste treatment plant is considering two processes bellow. The plant…
A: Net present value refers to the capital budgeting method widely used by large companies to determine…
Q: Charlie Driver has $30,000 saved and has decided to attend college, taking courses in marketing and…
A: As per the Honor code of Bartleby we are bound to given the answer of first three sub part only.…
Q: X, resident citizen, had the following data for 2019: Gambling losses, P10,000; Long term capital…
A: According to the given question, we are required to compute the taxable net income of X. 1)…
Q: 9. The federal government allows an income tax deduction for the decrease in value of certain…
A: Depreciation: Depreciation is a method of accounting used to spread out the expense of a tangible…
Q: Which statement regarding comparative statements is true? a. Different opinions on different…
A: A comparative statement compares one financial statement with statements from earlier periods.…
Q: Blossom Bikes could sell its bicycles to retailers either assembled or unassembled. The cost of an…
A: The differential analysis is performed to compare the different alternatives available to the…
Q: 3.A senior high school has, 5,000 students enrolled for academic year 2016-2017. Of these, 1200 are…
A: % Analysis It refers to a special kind of rates, percentage are used in making comparison between…
Step by step
Solved in 3 steps
- What issue does agency theory examine? Why is it important in a public corporation rather than in a private corporation?Please do your own work, don't copy from the internet What issue does agency theory examine? Why is it important in a public corporation rather than in a private corporation?What are not-for-profit corporations?
- What is not-for-profit corporation?How do corporations go public and continue to grow?What is the reason why close corporations are not allowed to engage in mining or oil companies, stock exchanges, banks, insurance companies, public utilities, educational institution, and corporation to be vested with public interest?
- How do corporate governance ethics programs help avoid legal problems for corporations?Explain the difference between a privately owned and a publicily owned company?What are the advantages and disadvantages of special interest groups within the democratic system of government? Should governments allow professional lobbyists to influence government legislation? Why or why not?
- What is the difference between a public and a private corporation? Provide an example of each.What is the difference between a public and a private corporation? Choose the correct answer below. *** OA. The shares of a public corporation are owned by government offices or officials, while the shares of a private corporation are owned by individuals in the private sector. OB. The shares of a public corporation are traded on an exchange (or "over the counter" in an electronic trading system) while the shares of a private corporation are not traded on a public exchange OC. The shares of a public corporation can be traded between individuals, while the shares of a private corporation can only be traded between a single individual and the corporation issuing the shares OD. The shares of a public corporation can be held by any individual, while the shares of a private corporation can only be held by managers within the corporation.Why are large corporations often said to be publicly owned?