<u>Solution and Explanation:</u>
A Balance Sheet is as follows:
Assets
Current assets
Cash 11000
Trading securities 6000
Accounts receivable (net) 24000
Inventory 30000
Prepaid expense 2000
The Total current assets 73000
The Long term investment
Land held for future business site 18000
The Total investment 18000
Property,plant and equipment
Equipment 25000
Less: the Accumulated depreciation
on equipment and furniture -15000
Total property,plant and equipment 10000
Intangible assets
Patent 4000
The Total intangible assets 4000
The Total Assets 105000
Answer:
The earnings foregone by skipping the two tournaments on the PGA tour is cost of opportunity
Explanation: The cost of opportunity of an economic decision that has several alternatives is the value of the best unrealized option. In other words, it refers to what a business stops earning, when choosing an alternative among several available. In this case are the prizes the golf player lost for not playing the tournments.
Answer:
vertical integration
Explanation:
In this case, Luxury Linens is both producing and selling their products. This means that they vertically integrated the sales channel.
There are two types of integration strategies:
- vertical integration: e.g. when a producer decides to acquire a supplier or decides to produce their own supplies and not buy them from someone else. Or the producer can decide to start selling and distributing their products directly to the final customers.
- horizontal integration: e.g. when a large online retail store like Amazon decides to acquire or start operating other types of retail stores like Whole Foods or other brick and mortar stores. A company will acquire or merge with another company that operates in the same level.
C
Cause it doesn’t matter if he went to collage or not
