Alfred​ Chandler, a professor at the Harvard Business​ School, has​ observed, ​"Imagine the diseconomies of scaleLOADING...the great increase in unit coststhat would result from placing close to​ one-fourth of the​ world's production of​ shoes, or​ textiles, or lumber into three factories or​ mills!" The​ shoe, textiles, and lumber industries are very competitive with many firms producing each of these products. ​Source: Alfred D.​ Chandler, Jr.,​ "The Emergence of Managerial​ Capitalism," in Alfred D.​ Chandler, Jr. and Richard S.​ Tedlow, The Coming of Managerial Capitalism​, New​ York: Irwin,​ 1985, p. 406. What does​ Chandler's observation​ suggest?

On january 1, 2017, fisher corporation purchased 40 percent (90,000 shares) of the common stock of bowden, inc. for $980,000 in cash and began to use the equity method for the investment. the price paid represented a $48,000 payment in excess of the book value of fisher's share of bowden's underlying net assets. fisher was willing to make this extra payment because of a recently developed patent held by bowden with a 15-year remaining life. all other assets were considered appropriately valued on bowden's books. bowden declares and pays a $90,000 cash dividend to its stockholders each year on september 15. bowden reported net income of $400,000 in 2017 and $348,000 in 2018. each income figure was earned evenly throughout its respective year. on july 1, 2018, fisher sold 10 percent (22,500 shares) of bowden's outstanding shares for $338,000 in cash. although it sold this interest, fisher maintained the ability to significantly influence bowden's decision-making process. prepare the journal entries for fisher for the years of 2017 and 2018. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations. round your final answers to the nearest whole dollar.)

Why are there so many types of diversion programs for juveniles

Warner inc. sells a high-speed retrieval system for mining information. it provides the following information for the year. budgeted actual overhead cost $965,700 $905,000 machine hours 58,570 49,200 direct labor hours 107,300 104,200 overhead is applied on the basis of direct labor hours. compute the predetermined overhead rate. predetermined overhead rate $ per direct labor hour link to text determine the amount of overhead applied for the year. the amount of overhead applied $