Fill in the blanks with appropriate terms
1. Corporate action in which one company buys the assets and obligations of another company and assumes control:
2. The joining of two or more business entities into a single entity.
3. Business entity owned, controlled and operated by a group of users for their own benefit.
4. Form of business in which one party gives another rights to sell its products or services and use its business format in a certain geographic area.
5. Individual who has shared ownership in a partnership but takes no part in managing it and has limited liability.
6. Entity taxed like a sole proprietorship or partnership but maintains benefits of incorporation like limited liability.
7. An unincorporated business with one owner.

Asap ! 1. evaluate the following and simplify if possible when pie = 22 11/pie = 2. evaluate the following and simplify if possible when pie = 11 and y = 5 pie/12 - y/12 = 3. evaluate the following and simplify if possible when pie = 5 : 3/pie + 2/ pie = 4. evaluate the following and simplify if possible when pie = 5 : 3/pie + 2/pie = 5. evaluate the following and simplify if possible when pie = 6 and y = 10: x/y = 6. evaluate the following and simplify if possible when pie = 6: pie/9 7. evaluate the following and simplify if possible when pie = 5 and y = 20: pie/y = 8. evaluate the following and simplify if possible when pie = 4 and y = 24: pie/y = 9. evaluate the following and simplify if possible when pie = 6 5/pie = 10. evaluate the following and simplify if possible when pie = 21 4/7 + 2/pie = 11. evaluate the following and simplify if possible when pie = 3 and y = 1 pie/10 + y/5 = 12.evaluate the following and simplify if possible when pie = 8 pie/10 =

Walsh company manufactures and sells one product. the following information pertains to each of the company’s first two years of operations: variable costs per unit: manufacturing: direct materials $ 25 direct labor $ 12 variable manufacturing overhead $ 5 variable selling and administrative $ 4 fixed costs per year: fixed manufacturing overhead $ 400,000 fixed selling and administrative expenses $ 60,000 during its first year of operations, walsh produced 50,000 units and sold 40,000 units. during its second year of operations, it produced 40,000 units and sold 50,000 units. the selling price of the company’s product is $83 per unit. required: 1. assume the company uses variable costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 2. assume the company uses absorption costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 3. reconcile the difference between variable costing and absorption costing net operating income in year 1.

Afirm’s production function is represented by q(m,r) = 4m 3/4r1/3, where q denotes output, m raw materials, and r robots. the firm is currently using 6 units of raw materials and 12 robots. according to the mrts, in order to maintain its output level the firm would need to give up 2 robots if it adds 9 units of raw materials. (a) true (b) false