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AleksandrR [38]
4 years ago
9

Which method of international expansion causes the least amount of risk? multiple choice joint venture licensing wholly owned su

bsidiary franchising exporting?
Business
1 answer:
svetlana [45]4 years ago
5 0
<span>Exporting has the least amount of risk. This is because the company is simply selling its wares to other businesses and consumers, without having to worry about licensing the product, getting permissions from other governments, or having to jump through loopholes to get the product in the hands of the intended audience.</span>
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The laws passed by Congress and by state legislatures are called:
Gnesinka [82]

Answer:

Rules

Explanation:

I think I'm right

8 0
4 years ago
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May 1. Sold merchandise on account to Taiwan Palace Co., $36,000. The cost of the merchandise sold was $23,540. Aug. 30. Receive
ioda

Answer: See explanation

Explanation:

The journal entry will be prepared as follows:

May 1:

Dr Account receivable $36000

Cr Sales $36000

(To record sales)

Dr Cost of goods sold $23540

Cr Inventory $23540

(To record cost of goods sold)

August 30:

Dr Cash $10380

Dr Allowance for doubtful accounts $25620

Cr Account receivable $36000

(To record collection and written off)

December 8:

Dr Account receivable $25620

Cr Allowance for doubtful accounts $25620

(To record reinstatement)

Dr Cash $25620

Cr Account receivable $25620

(To record collection)

4 0
3 years ago
Mccabe Corporation uses the weighted-average method in its process costing. The following data pertain to its Assembly Departmen
Gemiola [76]

Answer and Explanation:

The computation of the equivalent units of production for both materials and conversion costs is given below:

For material

= Units completed + ending work in process × completion percentage

= 7,700 + 2,100 × 0.75

= 9,275 units

And, for conversion cost

= Units completed + ending work in process × completion percentage

= 7,700 + 2,100 × 0.25

= 8,225 units

5 0
3 years ago
On January 1, 2021, Morris Enterprises issued 9%, 5-year bonds with a face amount of $900,000 at par. Interest is payable annual
stepladder [879]

Dec 31

Dr Interest expense $72,000

Cr Interest Payable $72,000

($900,000*9%)

(Being to record the first year interest expense accrued)

<h3>What is Interest Payable? </h3>

Interest Payable is a liability account, shown on a company's balance sheet, which represents the amount of interest expense that has accrued to date but has not been paid as of the date on the balance sheet.

In short, it represents the amount of interest currently owed to lenders.

<h3>Is interest payable an asset?</h3>

Interest payable is a liability, and is usually found within the current liabilities section of the balance sheet.

Learn more about interest payable here:

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4 0
2 years ago
In its first month of operations, Wildhorse Co. made three purchases of merchandise in the following sequence: (1) 370 units at
Andreas93 [3]

Answer:

The cost of the ending inventory under FIFO is $2,430 and under LIFO is  $1,620

Explanation:

First determine the units sold

Units Sold = Total Purchases - Units in hand

                  = 1,410 units - 270 units

                  = 1,140

Note ; Wildhorse Co. uses a periodic inventory system. This means we calculate the cost at the end of the period.

FIFO

Means First in First Out

Cost of the ending inventory = 270 x $9.00 = $2,430

LIFO

Means Last in First Out

Cost of the ending inventory = 270 x $6.00 = $1,620

Conclusion

The cost of the ending inventory under FIFO is $2,430 and under LIFO is  $1,620

5 0
3 years ago
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