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nalin [4]
3 years ago
13

If the owner of a jewelry store who normally purchased diamonds from a diamond brokerage firm were to open his own diamond broke

rage firm, this would be an example of forward vertical integration. T/F
Business
1 answer:
Rainbow [258]3 years ago
3 0

Answer:

False

Explanation:

Forward Vertical Integration occurs when a company acquires one of its suppliers.

In this case, we do not have an example of forward vertical integration because the owner of the jewerly store did not purchase the supplier: the diamond brokerage firm. He instead opted to start his own brokerage firm.

The case in the question is an example of forward vertical integration, that occurs when a company moves along the supply chain by starting its own subsidiares instead of buying existing ones.

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Southern Markets has sales of $78,400, net income of $2,400, costs of goods sold of $43,100, and depreciation of $6,800. What is
Helen [10]

Answer:

36.35%

Explanation:

According to the scenario, computation of the given data are as follows,

Sales = $78,400

Net income = $2,400

Cost of goods sodl = $43,100

Depreciation = $6,800

So, we can calculate the EBIT value by using following formula:

= EBIT ÷ Sales

= ($78,400  - $43,100 - $6,800) ÷ ($78,400)

= $28,500 ÷ $78,400

= 36.35%

Hence, the common-size statement value of EBIT is 36.35%

3 0
2 years ago
If investors from Denmark increase purchases of U.S. securities, which of the following is true regarding the demand for dollars
saw5 [17]

Answer:

Increase / Increase.

Explanation:

Increase purchases of the U.S securities by the Denmark investors will place an increase on both the demand for U.S. dollar and international value of U.S. dollar since the business is done with the U.S dollar.

3 0
3 years ago
Which of the following is a characteristic of an unstructured interview? a. Conducted by a professional interviewer b. Focuses o
Gelneren [198K]

Unstructured Interviews are common in small businesses. Option C is correct.

<h2>What is an Unstructured Interview?</h2>
  • It refers to an interview in which the questions are not prearranged by the interviewer that is to be asked to the respondents.
  • Unstructured interviews are more casual and unrehearsed than structured interviews in which prearranged, standardized questions are asked.
  • This provides free-flowing conversation on respondents' personal qualities and knowledge related to relate to the work.

Since in small companies, the work areas of employees are wider than the big corporate.

Therefore, unstructured Interviews are commonly used in small businesses to get a deeper understanding of respondents' personal qualities related to work.

To know more about Unstructured:

Interview:brainly.com/question/12208322

5 0
2 years ago
Transactions for Sheridan Company for the month of May are presented below. Prepare journal entries for each of these transactio
babymother [125]

Answer:

May 1

Cash $4,350 (debit)

Common Stock $4,350(credit)

May 3

Equipment $1,055 (debit)

Accounts Payable $1,055 (credit)

May 13

Rent Expense $394  (debit)

Cash $394  (credit)

May 21

Accounts Receivable : Noble Corp $530 (debit)

Service Revenue $530 (credit)

Explanation:

Note that, When stockholders invest cash in exchange of common stock, we recognize the increase in assets of cash and also the increase in equity item common stocks.

6 0
3 years ago
The primary source of information to be reported about litigation, claims, and assessments is the:_________
cluponka [151]

Answer:

Client's management

Explanation:

Client's management in business can be explained as the act of maintaining the positive relationship between the client and the company in order to have a productive interaction so that the company can deliver the quality of service required by the client and for lasting relationship between them.

This is important in business to keep your client from getting their service/ product elsewhere. It should be noted that the primary source of information to be reported about litigation, claims, and assessments is the Client's management

8 0
3 years ago
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