German automakers Audi, Mercedes-Benz, and BMW all share the same goal of leading the international luxury vehicle market. Audi has made the decision to target younger professionals in established markets and this decision is reflected in the company's new, trendy body designs. Audi's approach of targeting younger professionals in established markets is a strategic move aimed at ________.
A. diversifying risks
B. reducing costs
C. attacking competition
D. increasing quality
Answer: C
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On January 1, 20X8, Package Company acquired 80 percent of Stamp Company's common stock for $280,000 cash. At that date, Stamp reported common stock outstanding of $200,000 and retained earnings of $100,000, and the fair value of the noncontrolling interest was $70,000. The book values and fair values of Stamp's assets and liabilities were equal, except for other intangible assets which had a fair value $50,000 greater than book value and an 8-year remaining life. Stamp reported the following data for 20X8 and 20X9: Stamp CorporationYearNet IncomeComprehensiveIncomeDividendsPaid20X8$25,000 $30,000 $5,000 20X9 35,000 45,000 10,000 Package reported net income of $100,000 and paid dividends of $30,000 for both the years.Based on the preceding information, what
is the amount of consolidated comprehensive income reported for 20X9? A. $128,750 B. $138,750 C. $135,000 D. $145,000
The vertical lines on an organization chart show ______.
a. which departments interact b. the method of departmentalization c. the chain of command d. the relative importance of each employee
Security risks include ______.
A. theft of data B. late deliveries C. poor product quality D. stock-outs
A business with highly seasonal operations may adopt a fiscal year that
a. is dictated by the IRS. b. ends when business activities have reached their highest point in its operating cycle. c. corresponds to the calendar year. d. ends when business activities have reached their lowest point in its operating cycle.