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Gre4nikov [31]
3 years ago
10

Last January, Cecilia Pye, president of the Pye Plate Company, announced that the company had acquired Young's Bicycle Rental. T

he Pye Plate Company manufactures dinnerware. Young's is a chain of bicycle rental stores. The acquisition of Young's Bicycles by Pye Plate is an example of a:
(A) Monopoly.
(B) Vertical merger
(C) Conglomerate merger
(D) Horizontal merger
Business
1 answer:
erica [24]3 years ago
4 0

Answer:

Explanation: monopoly

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The best defensive driving strategy in planning ahead for an evasive action on the road includes:
Pie

Answer:

A) Scan the highway far and wide.

B) Think about how slow, stop or change lanes suddenly.

Explanation:

The Smith Driving Standards can be a very useful guide for defensive driving techniques. It includes the Five Principles of Defensive Driving:

  1. Aim high : you should be alert and focused, and your head should be held up high so that you can view the whole road.
  2. The Big Picture : try to identify angry or erratic drivers, and always be aware of your surroundings.
  3. Keep Your Eyes Moving: you must be alert and keep your eyes on the road.
  4. Leave Yourself An Out : try to anticipate what other drivers are doing so that you have a possible exit in case you need to change lanes suddenly.
  5. Ensure they see you: make sure other drivers have noticed you.

7 0
3 years ago
John's job provided the main income for his family. He died unexpectedly and had no life insurance. The probable financial conse
Leto [7]

Answer:

An increase in income and expenses

Explanation:

When the main provider of a family dies and he/she doesn't have any type of life insurance, then the whole family's economy will suffer. Their total income will probably plummet. Besides losing John's income, his family must all the  expenses related to his death, e.g. burial. As a terrible consequence, John's family will see their standard of living decrease.

8 0
3 years ago
A company acquires a subsidiary and will prepare consolidated financial statements for external reporting purposes. For internal
NemiM [27]

Answer:

It is a relatively easy method to apply.

Explanation:

When accounting for a subsidiary, equity method is followed, whenever the shareholding percentage is equal or more than 20%.

But here, the parent company uses, initial value method for internal reporting.

Under initial value method the value of investment in subsidiary is recorded at cost, and then adjusted at year end at fair value, this clearly shows the gain or loss at each year end from such investment as per market norms.

There is no statutory requirement to follow such initial value method for internal reporting.

The correct reason therefore, is:

It is a relatively easy method to apply.

7 0
3 years ago
Kingston Co. uses the percentage-of-receivables basis to record bad debt expense.
Troyanec [42]

Answer:

Explanation:

The journal entry to record the bad debt expense is shown below:

Bad debt expense A/c Dr  $2,700

      To Allowance for doubtful debts $2,700

(Being bad debt expense is recorded)

The computation of the bad debt expense is shown below:

= (Accounts receivable × estimated percentage given ) - (credit balance of Allowance for Doubtful Accounts)

= ($420,000 × 1%) -  ($1,500)

= $4,200- $1,500

= $2,700

4 0
3 years ago
When managers disregard ethical concerns, the likely result is:?
sergeinik [125]
The most likely result is that there would be a general mistrust because they are disregarding what you need.
5 0
3 years ago
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