Explanation:
The retained earnings are calculated by adding net income to (or subtracting net losses from) the previous term's retained earnings and then subtracting any net dividend(s) paid to the shareholders. The figure is calculated at the end of each accounting period (quarterly/annually.)
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Answer:
• may be required to incur high costs for abandoning old technologies in an effort to keep pace with suppliers.
• may need to continue producing suboptimal products rather than upgrading its technology
Explanation:
You didn't provide the options but I searched online and got the options from which the correct answers were chosen.
Vertical integration occurs when the suppliers or retailers is being controlled or owned by a company and hence, control its supply chain. This brings about reduction in costs and the improvement in efficiencies.
When there are improvements in technology at the supply stage of the value chain, the company will need to:
• may be required to incur high costs for abandoning old technologies in an effort to keep pace with suppliers.
• may need to continue producing suboptimal products rather than upgrading its technology
Accountability is a promise that a person or a group will be judged on how they perform or behave in relation to anything for which they are accountable.
Though more from the standpoint of oversight, the phrase refers to accountability. For instance, an employee might be in charge of making sure that a response to an RFP (request for proposals) complies with all the standards. Consequences may or may not occur if the work is not completed satisfactorily. Accountability, on the other hand, indicates that the worker is required to successfully complete the task and will need to at least justify their failure.
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Answer:
I'm thinking C
Explanation:
This seems really written in a smart aleck way. It could be D also though.