Answer: Puresource Pharma would have to reduce it's cost
Explanation:
Horizontal integration could be defined as the merge between two or more companies that carry out similar functions or market in production.
Puresource Pharma would have to reduce it's cost of product and either sell below or same cost as their acquired company's product. This would help promote her market and would give a monopoly for them for the market for both of them.
The answer is A. "lack" is a negative word and it is the only drawback.
Answer:
B. Debit Income summary Debit $ 23,000
Retained Earnings Credit $ 23,000
Explanation:
The closing entries are recorded to close the current year's income statement to the retained earnings account,
According to the data in the question, the revenue is closed to the credit of the income Summary of $ 68,000 and the expenses are closed to the debit of the Income Summary of $ 45,000. This leaves a credit balance of $ 23,000 in the income summary account which is closed by debiting the income summary account and crediting the retained earnings account.
Since the revenue exceeded the expenses, the result ia a profir which should increase the retained earnings account, which would be the case by a credit to the retained earnings account.
Answer:
ATQ
5x+3x =40.00
7x =40.00
x= 40/7
x= 5.71
5x= 5.71×5= 28.57
3x= 5.71×3= 17 .13
Explanation:
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