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mariarad [96]
3 years ago
8

The print, television, and new media divisions are three of the many subunits at Soo Kin Corp. Each division has a separate team

and competes in a different market. Soo Kin is an organization with:__________
Business
1 answer:
Gelneren [198K]3 years ago
7 0

Answer:

Low integration

Explanation:

There are 4 types of integration in business. Horizontal integration, vertical integration, conglomerate integration and forward integration.

The above scenario is an example of low integration which can be subbed under horizontal integration. Since it is focusing on different print medias and possess different teams to cater to different markets, basically customizing operation for better and increases efficiency of the company's output.

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Chevelle, Inc. has sales of $487,000 and costs of $394,500. The depreciation expense is $43,800. Interest paid equals $18,200 an
laiz [17]

Answer:

The correct answer is $13,325.

Explanation:

According to the scenario, the given data are as follows:

Total sales = $487,000

Cost of goods sold = $394,500

Depreciation expense = $43,800

Interest paid = $18,200

dividends paid = $6,500

Tax rate = 35%

so, first we calculate net income.

Net income = ( Total sales - Cost of goods sold - Depreciation expense - Interest paid ) - 35%

= ($487,000 - $394,000 - $43,800 - $18200  ) - 35%

= $30,500 - $10,675

= $19,825

Addition to retained earnings = Net income - Dividends Paid

= $19,825 - $6,500

= $13,325

Hence, the correct answer is $13,325.

6 0
3 years ago
At the end of the current year, Accounts Receivable has a balance of $550,000; Allowance for Doubtful Accounts has a credit bala
Masteriza [31]

Answer:

Amount of Adjusting Entry for Bad Debts  

Estimated uncollected Receivables                             $25,000.00

Less: Existing Provision                                                  $5,500.00

Adjusting Amt. for Bad Debts                                        $19,500.00

Adjusted Balance of  

Accounts Receivables                                                    $550,000.00

Allowance for Doubtful Accounts                                  $25,000.00

Bad Debts expense                                                       $19,500.00

Net Realizable Value of Accounts Receivables  

Accounts Receivables                                                    $550,000.00

Less: Allowance for Doubtful Accounts                       (-$25,000.00)

Net Realizable Value                                                     $525,000.00

5 0
3 years ago
financial accounting standard-setting in the united states A. can be described as a social process which reflects political acti
mash [69]

Answer:

Financial accounting standard-setting in the United States can be described as a social process which reflects political actions of various user groups as well as a product of research and logic.Hence,option A is correct.

Explanation:

The financial accounting standard-setting in the U.S. is heavily rule-based.By rule-based,I mean there is a strong government interest in the way corporations report their financial performance to various stakeholder groups.

Serbanes-Oxley Act is a strong indication  that the political class is keeping a tab on the financial reporting framework and results of the various companies operating in the different sectors of the economy.

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4 years ago
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