Answer:
A. Enter one of your purchase goals.
Goal: I will buy a laptop after I graduate high school to start writing books.
B. How much does this cost?
Cost: $999.00
C. How much money do you currently have saved?
Money currently saved: $270.00
D. How much more do you need to reach you goal?
Money needed to reach goal: $730.00
E. List some steps you can take this year to help you save toward this goal.
After I graduate from high school I would get a job to start saving money.
F. List some steps you can take next year to save toward this goal.
Next year I will deposit $50 per month into my savings account to reach my goal.
Explanation:
Coca-Cola acquired its bottlers and created a national vertically integrated business operation in 2010. After spending 12.3 billion USD to acquire Coca-Cola Enterprises, its largest bottling partner, it reversed course in 2015 and sold off all its bottling operations. This is an example of a <u>failed diversification effort</u>.
<u>Explanation</u>:
Diversification efforts are taken by the organizations to achieve desired outcomes but sometimes they fail in it. The following are the reason for failure of diversification effort:
- failing to integrate acquisitions
- unable to understand how the acquired organization’s assets would fit with their own lines of business
- paying high premium for the target's common stock
- not acting in best interest of shareholders
The diversification strategy is adopted by many organizations to develop its business. In the above scenario, Coca-Cola Enterprises adopted diversification effort but failed in it.
Answer:
c. debit to Interest Expense of $1,000.
Explanation:
The adjusting entry is as follows:
Interest expense Dr ($50,000 × 6% × 4 months ÷ 12 months) $1,000
To Interest payable $1,000
(Being the interest expense is recorded)
Here interest expense is debited as it increased the expense and credited the interest payable as it also increased the liabilities
Therefore the correct option is c.
Answer:
True
Explanation:
In simple words, the hospitality and tourism industry refers to the activities related to accommodation, restaurant and tourism etc. In such industries the main focus of the companies is the comfort and joy of their clients. This becomes difficult to implement as every individual have different needs and circumstances. Thus, the planning of activities should be made in such a way that it suited the global audience.
Answer:
duress
Explanation:
A contract may not be enforced it any of the parties does not give genuine or real assent, i.e. they freely agree with the contract terms.
Duress happens when one of the parties threatens to do something bad or wrong to the other party in order to force them to enter a contract. Contracts agreed under duress can be invalidated.
