Discuss intermediation, disintermediation, and reintermediation
What will be an ideal response?
Intermediation occurs when a third party operates between buyers and sellers. Intermediaries provide information about demand, supply, prices, and requirements or they offer value-added services. E-marketplaces, infomediaries and portals provide information for free or low cost, resulting in the disintermediation or elimination of the intermediary. Reintermediation occurs when the disintermediated entity takes on new intermediary roles.
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In calculating diluted earnings per share, which of the following should not be considered?
a. The weighted average number of common shares outstanding b. The amount of dividends declared on cumulative preferred shares c. The amount of cash dividends declared on common shares d. The number of common shares resulting from the assumed conversion of debentures outstanding
In a period of rising prices, how would the following ratios be affected by the accounting decision to select LIFO, rather than FIFO, for inventory valuation?
A writ of execution as used in civil law litigation allows:
a. the plaintiff to demand payment from the defendant of a judgment won in court. b. the governor of a state to demand execution of a convicted felon who has received a death sentence by a jury. c. the clerk of court to issue a demand for a new trial. d. the plaintiff, without further process, to obtain a portion of the defendant's wages.
A company should decide to process its product further if the additional processing generates higher sales revenues
Indicate whether the statement is true or false