That included $110 million from AMC’s creditor Antara Capital, LP. Antara also accepted 91 million APE units as payment for $100 million of AMC’s outstanding debt. The reverse split and APE conversion are two parts of AMC’s plan to raise equity capital and reduce debt. The company has said these are necessary actions to avoid bankruptc...
Archive for: November, 2020
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Next, we calculate and analyze variable manufacturing overhead cost variances. Labor variances focus on both rates and hours, also called efficiency or quantity. The labor rate variance is found by computing the difference between actual hours multiplied by the actual rate and the actual hours multiplied by the standard rate. The answer in this section ...