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goldenfox [79]
3 years ago
10

Neon Electronics Inc. sourced touch screens required for its tablet computers, cell phones, and televisions from a manufacturer

in China. But the demand for such components was high globally, and the supplier could not meet the quality standards of Neon Electronics. Thus, Neon Electronics decided to set up its own unit to develop and manufacture the required touchscreens. What does this scenario best illustrate
Business
1 answer:
tamaranim1 [39]3 years ago
7 0

This scenario best illustrate Backward vertical integration

Explanation:

Backward integration is a vertical integration that extends the role of a organization to perform roles traditionally performed by firms in the supply chain.

In other terms, backward integration is where an enterprise imports another company providing the necessary goods or services for production.

For examples, an company might purchase the product or raw materials manufacturer. Businesses often complete retrograde incorporation of these other businesses or combine of them. However, they may set up their own divisions to perform this mission.

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Hayes Corporation has $300 million of common equity on its balance sheet and 6 million shares of common stock outstanding. The c
Aleksandr [31]

Answer: $77

Explanation:

Given the following;

Total Book value of common equity = $300,000,000

Total outstanding shares = 6,000,000

Market Value Added (MVA) = $162,000,000

Stock price =( Market value of equity + Total Book value of equity) ÷ Number of outstanding shares

Stock price = ($162,000,000 + $300,000,000) ÷ 6,000,000

Stock price = $462,000,000 ÷ 6,000,000

Stock price = $77

Company's stock price is $77

6 0
3 years ago
On December 31, Leann Corp. paid $5,120 on an installment note that requires annual payments. The outstanding loan balance on Ja
OleMash [197]

Answer:

Dr Interest expense  $4,000

Dr Notes payable      $1,120

Explanation:

The $5,120 repaid comprised of both interest and principal repayments,hence there is need for the amount to be split into the two appropriate accounts.

The interest payable on the loan on yearly basis ,based on the outstanding loan balance of $50,000 is $4,000(8%*$50,000),hence the balance of $1,120($5,120-$4,000) represents the actual repayment of principal,as a result the notes payable account should be debited with $1,120.

3 0
3 years ago
Diminishing marginal product explains why, as a firm’s output increases __________.
DerKrebs [107]

Answer:

The correct answer is d) The production function gets flatter, while the total-cost curve gets steeper.

Explanation:

Diminishing marginal product explains why, as a firm's output increases, The production function gets flatter, while the total-cost curve gets steeper.

A firm is producing x amount of units at a total cost of Y. If it were to increase production in 1 units, its total cost would rise.

3 0
3 years ago
Everfi: Module 3
Kisachek [45]

Answer: I am pretty sure the best 2 answers will be your rent and car payment

Explanation:First off Shelter is a need not a want. Electricity, a Backpack, Car insurance and a cell phone plan is a want. So maybe just the rent but I for sure know rent and food is a definite need.

7 0
2 years ago
Read 2 more answers
Chris is part of the top management of a bank. He formulates a plan on how the bank will deal with its competitors and serve its
gladu [14]

Answer:

strategic plan

Explanation:

Top management is in charge of developing the bank's strategic plans. Strategic planning is a management process by which the company's top management determine the company's vision, and long term objectives and goals. Strategic planning should include the necessary steps to accomplish those goals.

5 0
3 years ago
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