Answer:
The correct answers that fills the gaps are: horizontal; increase market power.
Explanation:
Horizontal acquisition refers when the company acquires another from the same sector. In this case, both companies belonged to the same sector (telecommunications). The purpose, generally, was to increase the market share in the sector, also eliminating an important company from the competition.
Answer:
D) Debit petty cash, $350.
Explanation:
You must journalize all the expenditures as follows:
Dr Postage Expense account 100
Dr Business Lunches Expense account 150
Dr Delivery Fees Expense account 75
Dr Office Supplies Expense account 25
Cr Petty Cash account 350
Petty cash is not an expense, so it should not be debited.
Answer:
D. To promote high standards of ethical norms and values
Explanation:
The American Marketing Association is an association of marketing professionals in the United States that work or study in the field and it allows them to connect with other people in the same industry and have access and discounts on special events and information. This association has the goal of maintaining high ethical standards and integrity among its members. According to this, the answer is that one of the goals of the American Marketing Association is to promote high standards of ethical norms and values.
<span>Subprime lending rates are higher than prime lending rates and are commonly offered to people with poor credit scores. When people have poor credit scores, they are given out loans with high interest rates because the lenders need to protect themselves incase the person does not pay or does not pay on time. When this happens, they are given subprime lending rates. </span>
Answer:
Gadget will have higher earning.
Explanation:
Price Earning Ratio is the ratio of Market price to the earning per share. PE Ratio measure the effect of earning over the market price of the company.
Widget
Stock Price = $30
Earning per share = $2
PE ratio = $30 / $2 = 15 times
Gadget
Stock Price = $30
Earning per share = $2
PE ratio = $20 / $1 = 20 times
Gadget will have higher earning.
