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viva [34]
4 years ago
15

When an organization expands into a totally new line of business, it is implementing a strategy of:

Business
1 answer:
Elina [12.6K]4 years ago
3 0

Answer: The correct answer is "b. Unrelated diversification".

Explanation: When an organization expands into a totally new line of business it is implementing a strategy of <u>unrelated diversification</u> because it invests in a completely different line of business and not related to those previously managed by the organization.

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Which journal entry reflects the following transaction?:
Grace [21]

Answer:

The correct answer is Option A.

Explanation:

The concept of double entry says for every debit entry, there must be a corresponding credit entry. This is necessary for the journal entries to balance, that is, the total of the debit balance must always equal the credit balance.

The building purchased by BOC is an asset. So there is need to debit that account to recognize the asset. Since there was an outflow of cash to the tune of $50,000, we need to credit cash while the remaining balance being financed by mortgage will be credited to recognize the liability.

7 0
3 years ago
SWOT analysis is an objective process. True False
Alex787 [66]

"SWOT analysis is an objective process" is TRUE.

<u>Answer:</u> Option A

<u>Explanation:</u>

A management tool used to comprehend the strengths, weaknesses, opportunities, and threats included in any programme or corporation is understood as a "SWOT analysis". This includes defining the company or project objective and recognizing with horizontal pairings of internal (strengths and weakness) and external (opportunities and threats) variables that are beneficial or adverse to achieving that objective. While vertical pairings of helpful (strengths and opportunities) and harmful (weaknesses and threats). Final analytical results will assist the institution to evaluate whether the goals, products, services, projects or goals are a tactical fit.

5 0
3 years ago
Orange inc. Issued 20,000 nonqualified stock options valued at $40,000 (in total). The options vest over two years—half in 2018
Allisa [31]

Answer: $14,000 (Unfavorable)

Explanation: The book tax difference is the difference between the expenses for the book purpose in 2019 and the price of the option exercised. If the difference is positive it is unfavorable while if the difference is negative it is favorable.

Difference in book tax = The total value of the shares at the year - Amount of bargain element on option exercised.

Difference in book tax = ($40,000 × 1/2) - (1,000 × $6)

Difference in book tax = $20,000 - $6,000

Difference in book tax = $14,000

It is unfavorable because book tax expenses exceed the tax deductions.

6 0
3 years ago
Analysis of data management tools for diabetes self-management; can smart phone technology keep up?
Brilliant_brown [7]
Date pack manager teacnology
6 0
4 years ago
Lexington Company engaged in the following transactions during Year 1, its first year of operations. (Assume all transactions ar
kobusy [5.1K]

Answer:

Lexington Company

The amount of total assets on Lexington's balance sheet at the end of Year 1 was:

$5,860

Explanation:

a) Data and Calculations:

Cash from issue of common stock = $3,200

Cash from bank loan =                         2,300

Cash from revenue =                           3,200

Cash for expenses =                          (2,420)

Cash for dividends paid =                     (420)

Total assets =                                    $5,860

b) We can verify the total assets above by computing the liabilities and equity, which should be equal to the total assets according to the accounting equation.  The liabilities = $2,300 (bank loan).  The equity = common stock plus retained earnings ($3,200 + $3,200 - $2,420 - $420), which = $3,560.  The total of liabilities and equity = $5,860 ($2,300 + $3,560).  Therefore, assets = liabilities + equity ($5,860 = ($2,300 + $3,560).

7 0
3 years ago
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