________ is developing the ability to produce goods or services previously purchased or actually buying a supplier or a distributor
Fill in the blanks with correct word
Vertical integration
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The Marino Company has provided you the following information pertaining to its defined benefit pension plan that was adopted on January 1, 2018:The service cost was $950,000 during 2018 and $1,045,000 during 2019.
The prior service cost amortization each year was $290,000. The contribution to the pension plan was $1,500,000 on December 31, 2018 and $1,800,000 on December 31, 2019. The actuarially determined discount rate and the expected return on plan assets was 10%. The actual return on plan assets was 9.5%. Retirement benefits pertaining to years of service prior to 2018 were granted to the employees. The prior service cost is being amortized over the remaining ten-year life of the employees. What is the balance of the projected benefit obligation as of December 31, 2019? A. $2,575,000 B. $5,599,000 C. $2,090,000 D. $4,895,000
Explain lowballing.
What will be an ideal response?
The following are examples of data mining, except:
A) American Eagle studying how consumers respond to price markdowns B) Goody's analyzing baskets of merchandise purchased by individual consumers C) Target identifying what other retail stores customers use for particular products D) First Horizon Bank expanding its wealth management business by studying profiles of its best customers
Which of the following variations of the retail inventory method would generally result in the lowest cost-to-retail ratio in a period of rising prices?
A. FIFO B. LIFO C. average cost D. lower of average cost or market