Consider the following premerger information about Firm X and Firm Y: Firm X Firm Y Total earnings $ 86,000 $ 17,500 Shares outstanding 43,000 18,000 Per-share values: Market $ 58 $ 14 Book $ 18 $ 9 Assume that Firm X acquires Firm Y by issuing long-term debt for all the shares outstanding at a merger premium of $7 per share, and that neither firm has any debt before the merger. List the assets of the combined firm assuming the purchase accounting method is used.

Answers

Answer 1

Answer:

Total assets X Y   1,152,000  

Explanation:

Since both the firms do not have any liability -Book value of equity  = Carrying value of assets  

Goodwill = Net consideration - Market Value of Assets of Y

Assets from X 18 x 43000              774000  

Assets From y 14 x 18000              252000  

Goodwill (18000 x (14+7)) - 252000 =      126000  

Total assets X Y                               1152000  


Related Questions

Maury and Bev have saved all their lives and they have been able to pay off their mortgage on their home. Bev is getting elderly and frail and Maury needs to put her into a nursing home where they can give her round-the-clock care. Maury intends to finance this arrangement by getting a loan where the lender makes payments to the homeowner each month, based on accumulated equity. What type of loan does Maury want to get?

Answers

Answer:

Reverse Mortgage Loan

Explanation:

Banks allow older people above the age of 62 to use their home's value to obtain a reverse mortgage loan.  The bank values the home and extends credit facilities to its elderly owners. The loan amount is usually a part of the home's value and is paid as a lump sum or fixed monthly payments.

Maury wants to apply for a reverse mortgage loan. He will use the value of their home to obtain a credit facility to care for Bev. Maury does not need to repay the loan. The bank will recover its money by selling the house once the couple dies or relocates.

\This dialogue reflects what aspect of communication?

a.

body language

b.

good listening

c.

working together

d.

leadership

Answers

The given dialogue reflects the good listening aspect of communication. Therefore, option B is the correct option.

What is communication?

Communication is a process of conveying a message, an opinion, learning, and experience to other people through the means of writing it down, saying it, and so on.

Good communication is a skill in present times where it is valued in every sphere of life. With the help of good communication skills, an individual, can excel in his or her career by getting more contacts. The good communication skills also help in maintaining good relationships in life because one becomes emotionally intelligent, which strengthens the bonds among people.

The dialogue shown demonstrates the importance of effective listening in communication. As a result, choice B is the best one.

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The given question is probably incomplete. The complete question is given below.  

Sara: "Tell me all about your weekend! Was it nice to be on the beach?" Rose: "It was awful! It rained the whole time and I didn't get to spend any time on the beach at all. This dialougue reflects what aspect of communication?

body language

good listening

working together

leadership


Cullumber Company issues $315,000, 20-year, 6% bonds at 102. Prepare the journal entry to record the sale of these bom
2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Account Titles and Explanation
Debit
Credit

Answers

The journal entry to record the sale of the bonds would be:

Debit Cash $321,300

Credit Bonds Payable $315,000

Credit Premium on Bonds Payable $6,300

What  is the journal entry?

The selling of the bonds generated $321,300 in cash for the corporation [$315,000 x 102%]. The $315,000 face amount of the bonds is credited to the Bonds Payable account.

The Premium on Bonds Payable account is credited with the $6,300 difference between the face value and the total cash received since the bonds were sold at a premium.

So, the entry is:

Debit Cash $321,300

[$315,000 x 102%]

Credit Bonds Payable $315,000

Credit Premium on Bonds Payable $6,300

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Economic demand is?
A. the amount of a good or service that consumers are willing and able to buy at one price.
B. the amount of a good or service that consumers are willing and able to buy at various prices.
C.the amount of a good or service that producers are willing and able to produce at various prices.
D. the amount of a good or service that consumers are willing but not able to buy at various prices.
Which of the following is correct?

Answers

The correct answer is B. Economic demand is the amount of a good or service that consumers are willing and able to buy at various prices.

It reflects the relationship between the price of a product and the quantity that consumers are willing to purchase at that price. Demand is influenced by factors such as price, consumer preferences, income levels, and availability of substitutes.

As the price of a product decreases, the quantity demanded generally increases, and vice versa, following the law of demand. The demand curve represents this relationship, showing the quantity of a good or service that consumers are willing and able to buy at different price points.

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The value of data mining to the business is:

Answers

Answer:

Simple answer. Competitive advantage.

The value of data mining to a business is primarily the ability to find trends and patterns of knowledge from large amounts of data. Hence option C is correct.

By employing data mining techniques, businesses can extract valuable insights and actionable information from their vast datasets, enabling them to make informed decisions and gain a competitive edge.

Data mining algorithms can uncover hidden relationships, identify patterns, and detect anomalies within the data, providing valuable business intelligence. This process allows organizations to understand customer behavior, optimize marketing strategies, improve operational efficiency, and mitigate risks.

While data mining can also facilitate the retrieval of specific information for executive decision-making, its true power lies in its capacity to reveal meaningful patterns and trends that might otherwise remain undiscovered.

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Complete question is as follow:

The value of data mining to the business is:

O a. The ability to find the needle in the haystack.

O b. The ability to find a specific customer name and account number from large amounts of data.

O c. The ability to find trends and patterns of knowledge from large amounts of data.

d. The ability to find the location of information needed for executive decisions.

Following is the balance sheet of Baird company for year 3

Answers

Following Is the balance sheet of Baird Company for Year 3: BAIRD COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accurmulated depreciation $ 14,550 7,940 12,620 16,900 165,000 (12,100) $198,910 Total assets Liabilities and Stockholders' Equity Accounts payable Current notes payable Mortgage payable Bonds payable Convnon stock $ 8,570 3,200 4,950 22,020 113,800 46,370 Retained earnings Total liabilities and stockholders' equity $198,910 The average number of common stock shares outstanding during Year 3 was 890 shares.

Which scenarios provided would cause a change in demand for grape jelly?
A)
The price of grape jelly increases considerably.
B)
Grape jelly is placed on sale at a local supermarket.
The prices of peanut butter and bread increase substantially.
D)
Summer is approaching and more people prefer sandwiches for lunch.
E)
The federal government releases a report on the positive health benefits of
grape jelly

Answers

Answer:C d and e

Explanation:there different scenarios

Which customer behavior should alert an employee to the possibility of shoplifting?

asking a lot of questions

aimless wandering

carrying a cell phone

shopping alone​

Answers

Answer:

Aimless wandering

Explanation:

Answer:

cybercrime

both employees and outsiders

Aimless wandering

A security guard

Many security breaches ........

intellectual property theft

stealing ideas, information, or creative products

add a watermark

embezzling

what are the types of enterpreneuship​

Answers

Answer:

Explanation:Empreendedorismo Social.

Empreendedorismo de Negócios.

Empreendedorismo Corporativo ou Intraempreendedorismo.

Empreendedorismo Feminino.

Empreendedorismo Individual.

Empreendedorismo Verde.

Empreendedorismo Informal.

Empreendedorismo de Franquias.

Answer:

Small business entrepreneurship. A majority of businesses are small businesses. People interested in small business entrepreneurship are most likely to make a profit that supports their family and a modest ...

Large company entrepreneurship. Large company entrepreneurship is when a company has a finite amount of life cycles. ...

Scalable startup entrepreneurship. This kind of entrepreneurship is when entrepreneurs believe that their company can change the world.

Social entrepreneurship. An entrepreneur who wants to solve social problems with their products and services is in this category of entrepreneurship.

Innovative entrepreneurship. Innovative entrepreneurs are people who are constantly coming up with new ideas and inventions. They take these ideas and turn them into business ventures.

Explanation:

Franchising is typically done by
O cooperatives.
O partnerships.
O LLC
O corporations

Answers

Answer:A

Explanation:

Franchising is typically done by D. corporations.

What is franchising?

Franchising is a business arrangement in which franchisees are granted licenses by the franchisors to use their trademarks or business processes in carrying out their businesses.

Franchising can occur with these businesses:

Job franchiseProduct franchiseBusiness format (or process) franchise.

Thus, franchising is typically done by D. corporations.

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Product Development Plan
If you can remember back to Marketing 1a, in Unit 7 you created a mind map for a fictitious product or service that you might like to one day turn into a reality…well, this activity is somewhat inspired by that activity! You’ll be creating a detailed flow chart (or something similar) that lays out your step-by-step plan for coming up with, developing, creating, and releasing a new product or service!

You are welcome to go back to the work that you did in Marketing 1a for Unit 7 and use that same product or service, or you can come up with a new product/service just for this activity. Either way, make sure that you save the work you do in this activity in a safe place for use in later units throughout this course.

After you have decided on a fictitious product/service to use for this activity, use a combination of information from the unit, online research, and your own creativity and innovation to create a flow chart of sorts that maps out a step-by-step plan for the development of this product/service.

Before we get into the formatting details of this visual plan, let’s go over all of the information that you will need to include:

Describe your product/service.
What is the unique value of this product/service?
What will your market information management strategy be? Who is your target market?
Evaluate the types of product/service management and assess the needs of product/service management as they relate to your project choice. What is the nature and scope of the product/service management function?
How will you address quality assurance?
Why is it important to understand and prioritize the quality of your product/service?
What, if any, are the grades and industry standards that you will need to consider with your product?
What will be included in your product mix? What is the importance of a product mix? Address as many of the following items as possible at this point in the development process of your product/service:
Product: the product or service sold by the company
Price: how much it will cost the customer
Place: where the business will sell its product or service and how the customer will receive it
Promotion: the communication techniques the company will use to tell the public about their business
People: the staff required to create a competitive advantage
Process: the systems used to deliver the final product or service
Physical Evidence: the packaging and presentation of the finished product or service
What is your positioning statement?
Make sure to address and assess as many of the four critical elements as you can at this point in your product/service development process.
Identify and explain any other market product considerations, as well.
Now, considering that you are at the beginning stages of this product/service development and will be working on it and adding to it in future units, it is important to keep in mind that much of this information will likely change or be tweaked along the way. In other words, you are not locked-in to whatever you decide in this product/service development chart. Do your best to answer and address all of the required information.

With regard to how this chart/visual plan should be formatted or organized, really the sky is the limit! The information should be laid out in a chronological manner, and it must include specific, detailed information about your product/service. Other than that, you can truly organize this however you feel works best. Make it as creative and innovative as the product/service you are developing!

Here are some examples for inspiration (you do NOT have to format your chart to look like these, or you can if you want to!):

Answers

Project managers, marketers, and creatives all use mind maps as powerful motivators for their teams. Mind maps organize "timelines, dependencies, and duties" in addition to inspiring employees' creativity.

What does a product mean exactly?

An item or service that you offer to fulfill a customer's need or desire is referred to as a product. Both real and virtual ones are possible. Physical objects come in two varieties: nondurable products and durable things, such as computers, furniture, and automobiles (like food and beverages).

What qualities does the product possess?

The qualities of a product that need to be regulated are its characteristics. Size, form, weight, color, quality, hardness, etc. are a few examples of product attributes. Your product and how its functional design criteria have been created will determine the list of product attributes.

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9. switch to the profit projections worksheet, which sets a schedule for developing and launching the new product and projects its profits for five years. in cell i7, use the today function to insert the current date.

Answers

1) click on the cell I7 ⇒ enter the formula = TODAY() (see attachment).

What does cell mean?

The grid-like boxes you see in an Excel worksheet like this one are called cells. On a worksheet, each cell is identified by its reference, the column letter, and the row number that meet at the cell's location. It is cell D5 because it is in column D and row 5. In a cell reference, the column is always listed first.

A Microsoft Excel spreadsheet with a highlighted cell is displayed in the example below. The highlighted cell, also known as the cell address and cell reference, is D8 (column D, row 8). While this cell is highlighted, only this cell in the worksheet will be affected by any changes made.

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Complete question:

I need a step by step instruction on how I would enter task in Excel please:

1. Switch to the Profit Projections worksheet, which sets a schedule for developing and launching the new product and projects its profits for five years. In cell I7, use the TODAY function to insert the current date.

9. switch to the profit projections worksheet, which sets a schedule for developing and launching the

Sales during the year were 500 units. Beginning inventory was 250 units at a cost of $5 per unit. Purchase 1 was 400 units at $6 per unit. Purchase 2 was 200 units at $7 per unit.

Cost of goods sold under the FIFO cost flow assumption (using a periodic inventory system) was:

$2,300.
$2,750.
$3,200.
$3,650.

Answers

Cost of goods sold under the FIFO cost flow assumption (using a periodic inventory system) was $2,750.

Sales during the year = 500 units

Beginning inventory = 250 units at a cost of $5 per unit

Cost of goods sold in beginning inventory = 250 x $5 = $1,250

Because FIFO (First in, first out) method assumes all of the older inventory is sold first,

So, 250 units of Purchase 1 (out of total 400 units) would have been sold.

Cost of goods sold in Purchase 1 = 250 x $6 = $1,500

Total cost of goods sold under the FIFO cost flow assumption (using a periodic inventory system) = $1,250 +$1,500 = $2,750

Companies use the first in, first out (FIFO) method to calculate the cost of goods sold or COGS. The FIFO method assumes that the products which are purchased first by the company are the products which are sold first.

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Sutton Inc. can produce 100 units of a component part with the following costs: Ch01Q78 If Sutton Inc. can purchase the component part externally for $345,000 and only $28,000 of the fixed costs can be avoided, what is the correct make-or-buy decision

Answers

Question Completion:

Direct materials cost $150,000

Direct labor cost $100,000

Variable overhead $50,000

Fixed overhead $60,000

Answer:

Sutton Inc.

The correct make-or-buy decision is:

Continue to produce the component.

Explanation:

a) Data and Calculations:

Production costs:

Direct materials cost $150,000

Direct labor cost       $100,000

Variable overhead     $50,000

Fixed overhead         $60,000

Production costs =  $360,000

Relevant costs to make:

Direct materials cost $150,000

Direct labor cost       $100,000

Variable overhead     $50,000

Fixed overhead          $28,000

Avoidable costs =    $328,000

Cost of purchasing the component = $345,000

Difference = $17,000

Sutton will pay $17,000 more if it buys the component than if it makes it.  Therefore, it is more cost-effective to make the component than buying from the outside supplier.

If you will become a manager or part of the management how will you implement the effective organizing strategies?​

Answers

Answer:

A well-developed strategy is easier to implement than one that has not received sufficient thought. Create strategies that can be effectively implemented by specifying clear objectives and projecting measurable milestones. Align these strategic steps with your company's overall mission.

Explanation:

Answer and Explanation:

A well-developed strategy is easier to implement than one that has not received sufficient thought. Create strategies that can be effectively implemented by specifying clear objectives and projecting measurable milestones. Align these strategic steps with your company's overall mission.

Clearly define the change and align it to business goals. ...
Determine impacts and those affected. ...
Develop a communication strategy. ...
Provide effective training. ...
Implement a support structure. ...
Measure the change process.

12.
Planning is a
a. Useless Function
b. Obsolete Concept
c. Mental Exercise
d. One time process

Answers

C is the answerrrrrr :)
The correct answer is C. Mental Exercise

Have a nice day!

What appeals to you about photography? Is it the creative process of setting up
photographs? Or are you more interested in the various functions and settings that you
can control with your camera? Explain and discuss what aspects of photography
interest you and why, as well as what, you are interested to learn more about.

Answers

As was already mentioned, image appeal in photography can be summed up as the interest that a photograph arouses in viewers other than the photographer. The adjective "appealing" is typically defined in the American Heritage Dictionary (2005) as being lovely or beautiful.

In terms of creativity and idea exploration through photos, photography is a sort of art, but in order to produce truly excellent images, you must set up a strategy for your personal growth that is particularly focused on your abilities, motivation, purpose, and output.

Ensuring that there is a balance and that your photographs are not susceptible to underexposure or overexposure in order to create great images.

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The monetary value of what a firm received for goods sold, services rendered, and other payments is termed
?

The answer is: Revenue or Revenies

Answers

Answer:

Revenue

Explanation:

The monetary value of what a firm received for goods sold, services rendered, and other payments is called the businesses "revenue." Revenue is profit received when businesses sell their goods to the consumer. Revenue can be gained by not only selling goods but giving services like fixing their house, giving therapeutic advice, or cleaning/repairing their teeth are some of the most common services sold.

Hope this helps.

Each year The Calendar Shop orders calendars for the coming year. Anticipated demand for the coming year is for 2000 calendars. The Shop's fixed costs are $750. Each calendar cost $3 and The Calendar Shop sells each one for $5.00. At the end of July during the next year, The Shop will reduce the calendar price to 60% of the original selling price and will sell all the surplus calendars at this price. Assume the original selling price varies from $4.00 to $7.25 in increments of $0.25. The Calendar Shop can order in increments of 250 calendars up to a maximum of 4000 calendars. Answer the questions below. For each question, start with the original conditions given here.

10.If the sale price is set at $4.75, the Calendar Shop can expect to make the maximum profit when the order quantity is : A. 2,000 B. 2,500 C. 3,000 D. 3,500

Answers

A. 2,000. The maximum profit is obtained when the order quantity is set at 2,000, since this is the anticipated demand for the coming year.

What is profit?

Profit is the amount of money a business earns after expenses are deducted from its total revenue. It is the difference between a company's total revenue and expenses, and it is a measure of the business's performance. It serves as an indicator of a company's financial health and is an important metric for investors and owners. Profit is also referred to as net income, net earnings, or the bottom line.

With 2,000 calendars, the Calendar Shop can cover its fixed costs of $750, and will make a profit of $2,250 ($5.00 minus $2.75 per calendar). With an order of more than 2,000 calendars, the price per calendar will have to be reduced, resulting in a lower overall profit.

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accrued expenses

1. Workers' salaries for the six-day week is P4,800 payable every Saturday. December 31 is a Thursday.

2. Water bill received December 26 in the amount of P890 will be paid January 7 of the following year.

Answers

Answer:

1. Accrued salaries expense as of December 31 would be calculated as follows:

Number of days from Saturday to Thursday = 5 days

Salary expense per day = P4,800 / 6 days = P800 per day

Accrued salaries expense = 5 days x P800 per day = P4,000

Therefore, the company would need to record an accrued salaries expense of P4,000 as of December 31.

2. Accrued water expense as of December 31 would be calculated as follows:

Number of days from December 26 to December 31 = 5 days

Water expense per day = P890 / 30 days = P29.67 per day

Accrued water expense = 5 days x P29.67 per day = P148.35

Therefore, the company would need to record an accrued water expense of P148.35 as of December 31.

On June 1, Sheridan Company Ltd. borrows $162,000 from Acme Bank on a 6-month, $162,000, 4% note. The note matures on December 1.
(a)Prepare the entry on June 1. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
(b) Prepare the adjusting entry on June 30. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
(c) Prepare the entry at maturity (December 1), assuming monthly adjusting entries have been made through November 30. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
(d) What was the total financing cost (interest expense)?

Answers

a) The journal entry on June 1 for Sheridan Company Litd. is as follows:

Journal Entry:

June 1:

Debit Cash $162,000

Credit Note Payable (Acme Bank) $162,000

b) The adjusting entry on June 30 is as follows:

Adjusting Journal Entry:

June 30:

Debit Interest Expense $540

Credit Interest Payable (Acme Bank) $540

c) The journal entry at maturity on December 1 is as follows:

Journal Entry:

December 1:

Debit Note Payable (Acme Bank) $162,000

Debit Interest Payable (Acme Bank) $3,240

Credit Cash $165,240

d) The total financing cost (interest expense) was $3,240.

What does the finance cost mean?

The finance cost refers to the interest expense that Sheridan Company Ltd. must pay to Acme Bank for using the credit from the 4% note.

Data and Calculations:

Note Payable = $162,000

Interest rate = 4%

Maturity period = 6%

Monthly finance cost = $540 ($162,000 x 4% x 1/12)

Total finance cost = $3,240 ($162,000 x 4% x 6/12)

Thus, the finance cost is computed as the principal multiplied by 4% multiplied by 6/12 months.

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What are the elements that makes management development distinct

Answers

if it really necessary to answer this because right now i have an exam

maganda ka ba??kung oo bakit ka nandito sa app na ito

Answers

Answer:

haha Hindi nman ako maganda

GPD is measured over how many months?

Answers

Answer:

GDP is a measure - or an attempt to measure - all the activity of companies, governments and individuals in a country. In the UK, new GDP figures are produced every month, but the quarterly figures - covering three months at a time - are the most widely watched.

Explanation:

if it helped uh please mark me a brainliest :)

Answer:

Usually a year or a quarter.

Explanation:

GDP is typically measured over a time frame of one year. However, it is also common to express GDP on a quarterly basis, dividing the year into four quarters. Therefore, GDP can be measured over both a year and its respective quarters.

The terms Entrepreneur and Manager is used interchangeable and describes a person that which is a correct answer

a) Manages a small business
b) That starts up a small business
c) That starts up and manages a small business
d) All above statements are incorrect

Answers

The correct answer is d) All above statements are incorrect.

While an entrepreneur and a manager share some similarities in their roles within a business, they are not interchangeable terms. Each term represents a distinct role and set of responsibilities.

An entrepreneur is an individual who identifies opportunities, takes risks, and initiates the process of starting a new business venture. They are typically involved in the creation and development of the business idea, gathering resources, and making strategic decisions to bring the business concept to fruition.

On the other hand, a manager is responsible for overseeing and directing the day-to-day operations of a business. They focus on organizing resources, implementing plans, coordinating activities, and managing employees to achieve the organization's goals. Managers are typically appointed or hired to handle specific functions within an existing business.

Therefore, while an entrepreneur may start a small business, and a manager may be responsible for managing a small business, the terms "entrepreneur" and "manager" represent different roles and responsibilities within the business context.

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1. Do you think the United States is ethically required to respond to epidemics and other health crises in foreign countries? Why or why not?​

Answers

Answer:

yes it is because United States has always been a health crises foreign country

The agreement of the trial balance total is an indication that all transactions have been properly recorded in the books of accounts do you agree justify your answer

Answers

Answer: I did not agree that the agreement of trial balance is an indication that all transactions have been properly recorded in the books of account .it only means that certain types of errors have not been made.

Explanation:

Trial balance is an account prepared in order to test the arithmetical accuracy of entries in the ledger account. When a double entry principle has been observed then the total of debit entry must equal the total of credit entry in the trial balance. The balancing of the two sides of the trial balance does not mean that the account is correct. It means that certain types of errors have not been made. In the sense that there are several types of error which will not affect the balancing of trial balance such as the compensating error, error of original entry, error of omission, error of commission and so on will not affect the balancing of trial balance.

Your coworker Ginny is really concerned about a project that she has just been assigned. She is in charge of analyzing and determining conditions in the market for televisions from an extensive sales report.

If Ginny's boss is interested in a graphical presentation of the relationship between the price and quantity of televisions supplied you would advise your coworker to construct _____ using the data provided.

a. a supply curve
b. the law of supply
c. a supply curve

However, if Ginny's boss is more interested in the detailed numbers used to construct this visual representation, you would instead advise your coworker that a _____ would be more appropriate.

a. supply schedule
b. supply curve
c. law of supply

Answers

If Ginny's boss wants to get the graphical representation of the relationship between the price and quantity of televisions supplied, then he would use th:

a. a supply curve

However, if he is interested in the visual representation, then he would have to use the:

a. supply schedule

What is a Supply Curve?

This refers to the representation of the relationship which exists between the price and supply of a particular good.

With this in mind, we can see that the best way to display the set of data in a graphic format is with the use of the supply curve while the representation of data in a visual format would be the use of a supply schedule.


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The language used in texting is acceptable in business writing. True or false

Answers

Answer: The answer is generally false.

Do you believe the statement "perception is reality"? Why or why not?

Answers

I wholeheartedly agree and think it’s practically self-evident.

Here’s an excellent example from history.

For 28 years, the Berlin Wall separated East Berlin from West Berlin and was the most heavily militarized border crossing in the Western hemisphere. In 1989, during a press conference with western media, Gunther Schabowski was handed a note explaining a change in policy governing border crossing. Several discussions took place about making a show of opening the border between East and West Germany, but nobody informed Schabowski.

At the end of the press conference, he appears to have remembered the note belatedly, and read it verbatim—which was not what was intended. When asked about when the border would open, he assumed it was immediate.

The reality of course was that East Germany had no intention of opening the border, and certainly not immediately.

Within hours, the border crossing was practically buried under thousands of East Germans eager to be reunited with their families and other loved ones after 28 years on the press conference, which had been broadcast live.

The East Germans believed what they were told: Schabowski said immediately, and they intended to go immediately.

Border guards kept calling for instructions, until finally, they relented.

Perception became reality, and the border between East and West Berlin opened, spelling the de facto end of the separation of Germany.
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