Vertical integration occurs:
a. When a firm competes with another
b. When a firm outsources to another
c. When a firm moves into activities that were previously undertaken by a supplier or a customer
d. When a firm acquires or merges with another
c. When a firm moves into activities that were previously undertaken by a supplier or a customer
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Which one of the following items is reported as a current asset on a classified balance sheet?
a. Trucks b. Accounts receivable c. Land d. Common stock
Assume that a capital project is being analyzed by a discounted-cash-flow approach, and an employee first assumes no income taxes and then later assumes a 30% income tax rate. How would depreciation expense be incorporated in the analysis? No Income Taxes30% Income Tax RateA.ConsideredConsideredB.ConsideredIgnoredC.IgnoredConsideredD.IgnoredIgnoredE.The correct answer depends on the depreciation method that is used.
A. Choice A B. Choice B C. Choice C D. Choice D E. Choice E
Vanguard Company makes three products, M, N, and P, which come from a joint process. The joint costs for each batch of the products are: $80,000 for direct materials, $40,000 for direct labor, and $30,000 for indirect costs (overhead). Each batch produces 10,000 pounds of product M with a market value of $6 per pound; 5,000 pounds of N with a market value of $12 per pound; and 9,000 pounds of P with a market value of $10 per pound.Required:1) Determine the total amount of joint cost allocated to each of the products, assuming that the allocation is based on the weight of products produced. (Do not round intermediate calculations. Round each of your final answers to the nearest whole dollar.)2) Determine the total amount of joint cost allocated to each of the products, assuming that the
allocation is based on the market value of the products. (Do not round intermediate calculations. Round each of your final answers to the nearest whole dollar.) What will be an ideal response?
An active listener will respond first to the part of the message that he thinks is most important to the sender
Indicate whether the statement is true or false.