Answer: The correct answer is option (A)
Explanation: Activity rates is calculated by dividing the budgeted activity cost by the total activity-base usage.
Activity Rate = (Budgeted Activity cost) ÷ ( total activity base usage)
Answer:
Option A. Competitors, a single
Since horizontal integration is the process of acquiring and merging with <u>Competitors</u>, it is the type of corporate strategy that can improve a firm's strategic position in <u>a Single</u> industry/industries.
Explanation:
In a horizontal integration, the company acquires or merges its business with the competitor in same line of business to control the competition and market decisions. This helps the company to take most of the control of the single industry by increasing its bargaining price due to access to wider number of resources and product knowledge which enables the group to manufacture a differentiated product.
Hence the option A is correct.
Answer:
The Balance of stockholder's equity at December 31 Year 3 is $180000.
Explanation:
The basic accounting equation states that Assets are always equal to the sum of Liabilties and Equity.
Thus, the equation can be written as:
Assets = Liabilities + Equity
The libilities at the start of the year were,
330000 = Liabilities + 146000
Liabilities = 330000 - 146000 = $184000
If Liabilities at the end were 16000 less than at start, Closing balance of Liabilities will be 184000 - 16000 = $168000
The Closing balance of assets will be 330000 + 18000 = $ 348000
The closing balance of Stockholder's equity at Dec 31 Year 3 is:
348000 = 168000 + Equity
Equity = 348000 - 168000 = $180000
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.