Answer:
true, it reduces costs by sharing activities
Explanation:
In this case, since the diversified firm has three different businesses that share common marketing and service operations, it is benefiting from a type of economies of scope called shared activities.
Economies of scope basically refers to saving money when producing two or more goods or services by using common production processes in order to reduce costs. The joint production of the goods or services will cost less than if the company produced each one separately.
This company is benefiting from using shared activities because one single marketing unit and another single operations unit will serve the three separate businesses.
The income statement measures the profitability of your business during a certain time period by showing your businesses profits and losses. The balance sheet shows your business’s financial health, measuring how much you use and own. And, the cash flow statements show how liquid cash is at your business.
Answer:
A. by $50,000
Explanation:
When the bank purchases the T-bills then its investment increases by the same amount that is by $50,000.
From the bank from which the treasury bill is purchased, their reserves will increase by $50,000. This is because of the nature of Fed, as it is central bank any investment made by the central bank will be a reserve for the bank in which investment is made.
As the amount held by Fed is considered, to be a deposit, even against it Fed holds a security.
Answer:
Follow up with a letter that documents the call and promotes goodwill.
Explanation:
In a situation whereby companies disappoint their customers. There are certain things to do to handle the customer's problem. One of which is to follow the laid down principles of the particular company in solving that particular situation.
Hence, in this case, the correct answer is "Follow up with a letter that documents the call and promotes goodwill."
This is because as a professional one needs to satisfy the customer's wants. This can be done by followings certain steps such as
1. Understand the cause of the problem and make an apology.
2. Let the customer understand the nature of the problem.
3. Consider ways to ensure such a problem. does not occur anymore.
4. Do follow up by putting into records such as phone calls, and promotion of goodwill.
Answer:
$11,300
Explanation:
The computation of the deferred tax asset is shown below:
= 21%(20X2 Expense) + 25%(20X3 and 20X4 Expense)
= 21%($30,000) + 25%($15,000) + 25%($5,000)
= $6,300 + $3,750 + $1,250
= $11,300