Answer:
Imagination Station is engaging in Vertical Integration.
Explanation:
Vertical Integration is a business strategy whereby a firm acquires businesses that provide the supplies it needs to make its products or that makes and sell its products.
In this context, Delux Technologies makes and sells only one product, a high-quality processor for mainframe computers and was approached by Imagination Station, a large computer manufacturer about purchasing their company.
Answer:
The bond will sell for the amount of $869.17
Explanation:
According to the given data coupon amount = 50/2 = 25
Therefore, in order to calculate the selling price of the bond we would have to make the following calculation:
selling price of the bond = 25 * PVIFA(3%,52) + 1,000 * PVIF(3%,52)
selling price of the bond= 25 * 26.1662 + 1,000 * 0.2150
selling price of the bond= $869.17
The bond will sell for the amount of $869.17
Answer:
$232,400
Explanation:
Data provided
Net increase in Retained Earnings = $182,000
Dividend declared for the year = $50,400
The computation of net income for the current year is shown below:-
Net income for the current year = Net increase in Retained Earnings + Dividend declared for the year
= $182,000 + $50,400
= $232,400
Therefore for computing the net income for the current year we simply added the net increase in retained earning with dividend declared for the year.
