Large companies such as Walmart, IBM, and Ford are classified as C Corporations. C Corporations offer liability protection for their shareholders. Each shareholder is only financially liable for the amount he has invested in the company. I<span>ts profits are taxed separately from its owners under sub chapter </span>C<span> of the Internal Revenue Code.</span>
Answer:
interchangeable parts and assembly lines
Explanation:
Answer:
$35,000
Explanation:
According to accounting standard IFRS 16 Property, Plant and Equipment is initially recorded at its cost. Estimated market value and offer price will not be considered to record this transaction. Cost incurred for this equipment is as follow:
Cash payment = $15,000
Note payable = $20,000
Total Cost = $15,000 + $20,000 = $35,000
Multinational enterprises that manufacture commodity products that focus on cost leadership tend to use a business level strategy.
<h3>What is multinational enterprise?</h3>
Multinational enterprise are International organization or cooperation with two or more countries in the chain of operation.
They also involve in production of goods and services.
Therefore, Multinational enterprises that manufacture commodity products that focus on cost leadership tend to use a business level strategy.
Learn more on cooperation here
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