Answer: Apple and Nike are utilizing <u><em>Taper integration</em></u> to partially rely on outside-market firms while supporting their forward vertical integration strategy.
Tapered integration is a key word that initiated from organization hypothesis, referring to a concoction of vertical integration and industrial transaction.
<u><em>The correct option is (d) </em></u>
Explanation:
The journal entries are as follows:
On July 1
Prepaid Insurance A/c Dr $20,700
To Cash A/c $20,700
(Being prepaid insurance is paid)
On December 31
Insurance expense A/c Dr $
To Prepaid insurance A/c $1,110
(Being the insurance expense is recorded)
The insurance expense is shown below:
= $20,700 ÷ 3 years × 6 months ÷ 12 months
= $3,450
Answer:
Total Stockholders equity 227,460
Explanation:
Common Stock 28,500 shares outstanding at $5 142,500
10600 5 53000
19900 5 99500
-2000 5 -10000 Treasury Stock
28500 142500
Additional Paid-InCapital 97,360
Additional Paid-In TS (12,400)
Total Stockholders equity 227,460
As the middle and lower classes reduced income their response to their demand will be reduced. Household spending will be affected.
<h3>What is middle class income.</h3>
Middle class income earners are the people with income or salary that is more than their spending. Their earning is doubling the average spending of their household.
Therefore, a decline in middle and lower classes reduced income will reduce the household spending.
Learn more on income here,
brainly.com/question/25745683
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Answer:
With simple interest = $1,604.2
With compound interest = $1,642.454
Explanation:
Data provided in the question:
Amount lend = $1,234
Time = 3 years
Rate of interest, r = 10% = 0.10
Now,
<u>With simple interest :</u>
Interest = Principle × Rate × Time
= $1,234 × 0.10 × 3
= $370.2
Therefore,
Total amount paid = Principle + Interest
= $1,234 + $370.2
= $1,604.2
<u>With compound interest :</u>
Amount to be paid = Principle × ( 1 + r )ⁿ
= $1,234 × ( 1 + 0.10 )³
= $1,234 × 1.1³
= $1,234 × 1.331
= $1,642.454