If firm 'A' (worth $750,000 by itself) acquires firm 'B' at an acquisition cost of $200,000 (paying zero premium) and claims to be able to extract $25,000 in annual economies of scope, then which of the following market values is the best approximation of a value that reflects a market belief that firm 'A' actually can extract at least $25,000 in annual economies of scope? In other words, what will the new combined value of firms 'A' and 'B' be AFTER firm 'A' acquires firm 'B' and successfully convinces the market they have achieved the $25,000 of economies of scope? (Assume a WACC of 5.4% for all firms involved both before and after the acquisition).a. $687,963b. $3,703,704c. $950,000d. $1,21,963e. $975,000f. $951,350g. $662,963h. $1,950,400i. $1,412,963j. $462,963

Aquatic marine stores company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. aquatic uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 3 pounds per unit; $ 6 per pound direct labor: 4 hours per unit; $ 19 per hour during the first quarter, aquatic produced 5 comma 000 units of this product. actual direct materials and direct labor costs were $ 65 comma 000 and $ 330 comma 000, respectively. for the purpose of preparing the flexible budget, calculate the total standard direct materials cost at a production volume of 5 comma 000 units.

What is the difference between secure bonds and naked bonds?

Richardson hired j.c. flood company, a plumbing contractor, to correct a stoppage in the sewer line of her house. the plumbing company's 'snake' device, used to clear the line leading to the main sewer, became caught in the underground line. to release it, the company excavated a portion of the sewer line in richardson's backyard. in the process, the company discovered numerous leaks in a rusty, defective water pipe that ran parallel with the sewer line. to meet public regulations, the water pipe, of a type no longer approved for such service, had to be replaced either then or later, when the yard would have to be excavated again. the plumbing company proceeded to repair the water pipe. though richardson inspected the company's work daily and did not express any objection to the extra work involved in replacing the water pipe, she refused to pay any part of the total bill after the company completed the entire operation. j.c. flood company then sued richardson for the costs of labor and material it had furnished. (c) for what, if anything, should richardson be liable? explain."