everyone studying economics I think
Answer:
a conglomeration.
Explanation:
When a business grows through unrelated diversification, acquiring companies in different industries, it is called a conglomeration. The word conglomeration means that a thing which is made from totally distinctive elements. In business the a conglomeration is a corporation made by combination of different and unrelated business. Many small company with diversified business combined together to make a conglomeration.
Answer:
A
Explanation:
Conglomeration
When a business grows through unrelated diversification, acquiring companies in different industries, it is called a conglomeration.
A conglomerate is a corporation made up of a number of different, unrelated businesses. In a conglomerate, one company owns a controlling stake in a number of smaller companies which conduct business separately.
A good example is Warren Buffet’s Berkshire Hathaway, that has a very thriving conglomerate that has successfully managed companies involved in everything from plane manufacturing to real estate, is widely respected and is one of the most well-known companies in the world.
Answer:
When demand for the product is highly elastic and the supply is relatively inelastic.
Explanation:
Subsidy is an amount of money given to companies by the government to boost production. It is an intervention by the government when economic situation in the free market is unfavourable.
When firms recieve money to boost production their cost of production is reduced.
If demand is highly elastic a small change in price will result in large change in quantity demanded. Companies will sell more goods at a reduced cost.
Of the supply is relatively inelastic there will be a degree of scarcity of the good so prices will go up, and the company willake more money.
Answer:
c. external failure costs
Explanation
External failure costs are those costs incurred due to product failures after they have been sold and used by the customers to which such product are sold too. Although there are insurance policy ready to cater for this kind of loss incurred. The insurance Policy is called "Product Liability Insurance"
Answer: This miscategorization will impact Morgan's total inventory by making the inventory be $14,000 too high.
Explanation:
The goods that are in transit to the customers FOB shipping point are going to be part the inventory of the customer. This is not the inventory of the company that is selling the goods.
If they are listing the goods with the FOB destination this can then make the goods a part of the sellers inventory. This would result in the inventory being higher than it should be.
Morgan Enterprises' miscategorization of a $14,000 shipment from FOB shipping point to FOB destination means they didn't include something they should have in their inventory, leading to their total inventory being understated by $14,000.
In the context of inventory management, FOB shipping point means that the buyer takes ownership of the goods as soon as they leave the seller's premises. In contrast, FOB destination implies that the seller retains ownership until the goods reach the buyer's location.
Therefore, the $14,000 shipment should have been included in Morgan Enterprises' inventory as it was FOB shipping point. By wrongly classifying it as FOB destination, this means that Morgan Enterprises didn't count something they should have. So in this case, Morgan's total inventory would be understated by $14,000.
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Answer:
The balance of account payable for month of June would be $94,128
Explanation:
Here for taking out the amount account payable for month of June , we will need to have Purchases for the month of June and as it is told that 74% of the inventory purchased would be paid in the following month, it means that the inventory that was purchased in May , 74% of it would be paid in June , so therefore the 74% of purchases would be the account payable for month of June.
First we would have to take out purchases and for that we will use equation of -
Cost of goods sold + ending inventory - opening inventory (for June)
COST OF GOODS SOLD =
$150,000 X 80%
= $120,000
ENDING INVENTORY =
$75,000 + 10% OF COST OF GOODS SOLD OF JULY
= $75,000 + 10% X [ 80% X $240,000 ]
= $75,000 + 10% X 192,000
= $75,000 + $19,200
= $94,200
OPENING INVENTORY =
$75,000 + $120,000 X 10%
= $75,000 + $12,000
= $87,000
Now putting all these values in equations top take out purchases-
=$120,000 + $94,200 - $87,000
= $127,200
PURCHASES = $127,200
ACCOUNT PAYABLE = PURCHASES X 74%
= $127,200 X 74%
= $94,128
Answer:
The correct answer is number (1): True.
Explanation:
Due diligence refers to the exercise an individual is subject to after entering a contract with another party by which a certain standard of care is expected from the individual.
The United States Sentencing Commission is the governmental agency in charge of reviewing sentences discrepancies and promoting fair sentencing.
In front of ethical issues within a firm, the U.S. Sentencing Commission states that the company must have disseminated a code of conduct so that the filing company can allege a violation of the due diligence employees are subject to.