Answer: Lack of control over valuable assets
Explanation: In simple words, vertical integration refers to a process under which an organisation combines two or more stages of production which were previously performed by any other company.
The vertical integration is done where the company wants to get more hold on its supply chain with the ultimate objective of having better control over valuable assets.
Hence from the above we can conclude that the correct option is C.
Answer:
C
Explanation:
They sell shares at a price to investors. They then use these funds to help grow their business and in turn pay dividends to shareholders
Answer:
$10,000
Explanation:
A company's income is either shared out as dividends or kept in as retained earnings. Therefore, the total of retained earnings and dividend paid out is the net income. This is the amount that will reflect in the income statement. In other words, income is calculated first before dividends or retained earnings are declared.
For Martinville, income will be calculated first before dividends are paid. Net income will be
=revenue - expenses
=$17,000 -$7,000
=$10,000
Balance in the Income Summary account was $10,000
Answer:
The answer is given below;
Explanation:
Employee Benefit Expense (5,000+120,000*5%) Dr.$11,000
Accrued Employee Benefits payable Cr.$11,000
As these are the costs that company has to pay for employee retirement and health plans, therefore increase in these expenses will be recorded with corresponding effect to payable.
