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What are the steps that the company has to do in time of merger transaction?
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How does a cash transaction differ from a credit transaction?
A cash transaction is actually using money you have at the time ; A credit transaction is spending money that you don't actually pay immediately , but at a later date
Will a credit always decrease a cash account?
A cash account will always be decreased by a credit, but a credit will not always decrease a cash account. The only time a credit decreases cash is when the company pays out cash, whether it's to purchase supplies, inventory, or pay wages etc. Here is two examples of a credit in a transaction, one will decrease cash, the other will not. Company X buys $1,000 in inventory from Company Y and pays CASH. The debit for this transaction will increase inventory, the credit will decrease cash since company X is paying cash for this transaction. Using the same transaction however, changing Company X wants to purchase this inventory on "credit" the debit in this transaction as above will still increase inventory, however, since Company X has chosen to purchase this inventory on credit and not use cash and accounts payable will be set up and the credit will "increase" accounts payable. Remember, Assets will "always" increase with a debit and decrease with a credit. Liabilities will "always" decrease with a debit and increase with a credit.
What is a petty cash transaction?
Its a miscellaneous small fund usually budgeted for that is to be used for unknown minor items that may occur that you don't have time or need to go thorugh the processes of writing a company check for.
What do you mean by account receviable?
An account receivable is the account used by a company to record money owed to them by a customer or other entity that will be paid in a short period of time, less than a year. For example, a company sales a computer to a customer and the customer is going to pay the company in 30 days, the company records this transaction to accounts receivable and revenue (income).
How to decrese accounts payables time?
Accounts payable are used to record money that is owed by a company to another entity, bank, vendor, service provider, etc. Account payable is also used for money owed that will be paid off in a short period of time, less than a year. Arrangements for payment is usually made by the company and the entity that the money is owed to at the time of the transaction. To shorten this time, pay the balance due.
What are the benefits of a reverse merger?
The benefits of going public using a reverse merger include, lower initial costs and bank fees, a shorter time frame for the process and there is no significant regulatory approval required for the transaction.
What is the biggest merger of all time?
The biggest merger of all time is the America Online and Time Warner merger. The merger is valued at $186.2 billion dollars.
When did Steve Case announce the merger of AOL and Time Warner?
In January 2000 Case's next move was clear. He announced that AOL was buying the media conglomerate Time Warner in a merger that would create the new company, AOL Time Warner.
Time Warner merger?
In early 2000, executives from America Online (AOL) and Time Warner shocked the business world when they announced an all-stock $164 billion merger, the largest media deal in history. The new company would be named AOL Time Warner.
Which is the most expensive company ever sold?
The largest acquisition of all time occurred in the year 2000 with the merger of AOL-Time Warner. This deal was for 186 billion dollars.
Is Credit Card is really Money?
No - Buying goods on a credit card is a 'temporary loan' from the card company to allow you to buy stuff without handing over cash at the time the transaction takes place. The store bills the card company, and they hand over the cash to the store. The card company then bills you for the transaction.
What is Franklin Covey best known for?
FranklinCovey is a public company specializing in time management training. It was formed in 1997 from the merger of Franklin Quest and Covey Leadership Center.
What was the multimillion media company that merged with AOL at the turn of the 21st century?
AOL merged with Time Warner under the name AOL Time Warner in 2000. However the merger was not successful and Time Warner spinned-off AOL into a separate public company on December 9th 2009.
How long has Time Warner cable been around?
Time Warner Cable has been available since 1989. A merger between Time Inc.'s cable company, American Television and Communications corp, and Warner communications formed the current company known today.
How long has Time Warner internet been in business?
Time Warner internet has been in business since 1989, formed by a merger between Time's Inc. and Warner's Cable Division. The company has been in business for 22 years.
AOL's merger with Time Warner is an example of what?
corporate convergence
What was the price of Att stock at the time of the cingular merger?
40.00
