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.
Answer:
d)$1,100 long-term capital gain
Explanation:
Given the information from the question. We know that a long-term capital gain or loss comes from investment that was possessed for a year or longer. However in this case, since the necklace was a gift .Therefore, there were no capital gain in 2014. In 2016, Lindsey sold the necklace for $1200. Therefore, the capital gain on the necklace will calculated as $1200- $100 = $1100. Where the $100 is a cost purchase for the previous owner. Therefore, long-term capital gain is $1100 which is option D.
Solution:
Service cost (from pension expense column) = $89 = ($89) in the PBO column
Interest cost (from pension expense column) = $32 = ($32) in the PBO column
Loss on PBO (given) = ($34)
Retiree benefits (from plan assets column) = ($61) = $61 in the PBO column
Ending PBO = ($670) + (89) + (32) + (34) + 61 = ($886)
Net pension liability = ($886) + 331 = ($555)
Net pension asset of $555.00 was the balance of the net pension asset/liability reported in the balance sheet at the end of the previous year
Answer:
Christopher is an Employee
Explanation:
1) Christopher is an Employee because he is been paid a flat rate regardless of the amount of work he puts in, also he is directly supervised, has an office in AAA and also he must put in 10 hours of work per week
2) Factors that makes a worker an independent contractor or an Employee includes
- level of instruction; If the company or its representative directs the worker on how, when and where a job can be done this indicates that the worker is an employee
- work schedule: An independent contractor is totally in control of his time and determines the amount of hours to put in but if the work schedule is determined by the company then it will be an employee arrangement
- form of payment ; Hourly, weekly and monthly payments are mostly used for employees ,most independent contractors collect their pay once a task is completed by them
- profit or loss : Employees do not share in the profit or loss of the organization since they are paid a flat rate.
If a small country wants to buy aircraft from the United States and the United States wants to export its aircraft, the United States may work through WTO in removing preset trade barriers so that the small country can more easily purchase the aircraft.
Explanation:
The World Trade Organisation (WTO) is the only international organisation that follows global trade law. It primarily ensures trading is as easy, consistent and free as possible.
World countries meet in the WTO to discuss whether trade restrictions, such as tariffs, should be reduced. WTO talks are conducted in "rounds" where every nation negotiates a trade development agreement, takes a year or two off again and starts negotiations for a new deal.