The correct answer to this open question is the following.
You forgot to include the options for this question. However, we can answer the following.
This scenario best illustrates forward integration.
This is a case of forward integration because BlockWood Inc., which was facing similar difficulties with other buyers too, eventually stopped supplying raw materials and took to manufacturing furniture instead. SO they decided to fabricate their own furniture.
Companies make this decision as a process of vertical integration to expand and grow their business. In this case to produce and control their own products, eliminating the retailer that had decided to pay less money for the raw materials.
So now, Blockwood Inc. has the challenge to design and sell the products it is fabricating.
Company, Customers, Competitors, Collaborators, and Climate.
Answer:
number of share 30,000 share
price per share = $90
Explanation:
given data:
investor's share = 5%
outstanding share =400,000
stock split = 3/2
number of share after spliting = investor share* outstanding share* stock split
= 5%*400,000*(3/2)
= 30,000 share
per share price can be determined by using following relation:
= $90
Answer:
D, Self-serving bias
Explanation:
Self-servin bias is a process of perception that is defined as a tendency to see oneself in a highly favourable manner thereby maintaining and enhancing self esteem.
Simply put, self-serving bias is a condition in which one sees himself as more than he is to ensure that his self esteem stays intact and increases.
Cheers
Answer:
The journal entries are as follows:
(1) Accumulated depreciation - Building A/c Dr. $250,000
To Cash $250,000
(To record the replacement of heating system)
(2) Building A/c Dr. $750,000
To cash $750,000
(To record the new wing)
(3) Maintenance expense A/c Dr. $14,000
To cash $14,000
(To record the maintenance expense)
(4) Equipment A/c Dr. $50,000
To cash $50,000
(To record the new equipment)
