John H. Harland Company is best known for printing personal and business checks, but it also owns Scantron, a computerized testing and assessment company. Harland's purchase of Scantron is an example of the implementation of a ________ strategy
A) market development
B) product penetration
C) market penetration
D) diversification
E) product development
D
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"Tweet" is a descriptive mark that has acquired a secondary meaning and is afforded protection.
Answer the following statement true (T) or false (F)
Merging involves ________
A) reducing the number of organizational levels to get closer to the customer B) removing barriers that separate organizational departments C) partnering with fewer but better value-adding suppliers D) working more closely with customers to add value to their operations E) acquiring firms in the same or complementary industries
Explanations
A) are always given in great detail. B) are discouraged in a set of instructions. C) are given depending on the readers' prior experience with the process.
Larsen Company began the current year with balances in accounts receivable and allowance for doubtful accounts of $45,700 and $1,280, respectively. The company reported credit sales of $475,250 during the year, collected $480,200, and wrote off $800 of uncollectible accounts. Larsen Company estimates that 12% of its accounts receivable balance will be uncollectible.Required:a) Determine the balance in the allowance for doubtful accounts as of the end of the current year.b) Compute Larsen Company's uncollectible accounts expense for the current year.c) Determine Larsen's net realizable value of accounts receivable as of the end of the current year.
What will be an ideal response?