If merchandise was returned under the periodic inventory method, this will be recorded with a a. debit to accounts payable and a credit to purchases returns and allowances. b. debit to merchandise inventory and a credit to purchases. c. credit to accounts payable and a debit to merchandise inventory. d. debit to accounts payable and a credit to merchandise inventory.

Beagle autos is known for its affordable and reliable brand of consumer vehicles. because its shareholders expect to see an improved rate of growth in the coming years, beagle's executives have decided to diversify the company's range of products so that at least 40 percent of the firm's revenue is generated by new business units. however, the company's resources, capabilities, and competencies are limited to producing other forms of motorized vehicles, such as motorcycles and all-terrain vehicles (atvs). which type of corporate diversification strategy should beagle pursue?