Answer:
During the recession of 2008 through 2010, Ford saw sales of its vehicles drop and was forced to reduce production. This decision reflected changes in the company's ECONOMIC environment.
Explanation:
The automotive industry crises occurred from 2008 to 2010, it was basically a part of the financial crisis that started in 2007. It also effected most of the Europe, but the results in America were far worst than any other part of the world. The main reason behind it was the rise in the fuel prices for these vehicles. As Ford didn't offer much fuel efficient models for costumers, their sales started to decline, which resulted in the reduction of production, and changed the companies economic environment.
Well that's not really a question. More of an opinion.
Answer: Financial Notes and Supplementary Schedules
Explanation:
The Financial Notes and Supplementary Schedules is also known as footnotes.
The notes discloses-
a. Assumptions used in the preparation of the financial statements.
b. Discloses accounting policies used in the preparation of the financial statements.
c. Financial instruments been used by the business.
d. Legal matters.
I hope this answers your questions.
Goodluck
If Jamie would like to compare one savings account to
another savings account, and that he compares the amount of the interest he
will earn in one year in each account, it is likely that he is demonstrating
the annual percentage yield. This is where the annual rate return exist in
which the effect of copound interest is being taken into account.
hope this helps
Answer:
B. Debit cash $27,500 ; Credit common stock $27,500
Explanation:
The journal entry to record the transaction is;
Cash account Dr $27,500
(2,500 shares × $11)
To Common stock account Cr $27,500
Cash is an asset hence debited because it decreases as it was used to pay for bills while common stock is credited because it increases shareholder's equity.
