Answer:
Explanation:
FASB amended the rules to improve the comparability of the information about business combinations provided in financial reports. A variable interest entity is a legal business.
The Financial Accounting Standards Board issued SFAS 141(R) in 2007 December, to substitute the SFAS 141. Evaluating the comment letters, articles and industry publications, they analyzed issues that were with SFAS 141 from the perspective of professionals, users and the FASB; it was evaluated 141(R) to ascertain these weaknesses and they were corrected with solutions been profound in 141(R).
Answer:
A) Joint Venture
Explanation:
Based on the scenario being described within the question it can be said that in this context, Cream Bite Inc. is a Joint Venture. This is a business term that refers to an arrangement between two parties in which both combine their resources in order to meet an agreed upon goal in a more efficient manner and in a much smaller time-frame than if they were to do it separately.
Answer: The correct answer is : c. flexible production capacity can be configured to maximize profits in the new environment.
Explanation: Starting from a fixed volume of production, a company is more flexible if it produces a larger quantity of products. Flexibility will provide the ability to have operational production lines in a defined time interval.
Answer:
$6,800 and $6,800
Explanation:
The computation of the depreciation expense for the first year and the second year using the straight line method is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($30,400 - $3,200) ÷ (4 years)
= ($27,200) ÷ (4 years)
= $6,800
In this method, the depreciation is the same for all the remaining useful life
Therefore for the first and second year, the same depreciation expense i.e $6,800 should be charged separately in each year
<span>The answer in the space provided is extraversion. It is
because this is where an individual tend to be more social when faced on the
crowd or on the social world and that they are likely to be more outgoing. In
which is likely to provide leadership effectiveness and emergence because a
leader with this trait will be more approachable and friendly.</span>