Answer: Foreign direct investment
Explanation:
The method of international entry that Assan Motors employed to expand into the United States is the foreign direct investment.
Foreign direct investment is regarded as the investment by a company in another country apart from the country where the entity is based. FDI is an aggressive way regarding international expansion, and has a high level of control.
Answer:
$1,875
Explanation:
Given that,
Amount of note receivable = $50,000
Time period = 6 month
Interest rate = 9%
Interest amount:
= Principle amount × Interest rate × Time period
= $50,000 × 0.09 × (6/12)
= $2,250
Interest Accrued from 1 August to 31 December :
= (Interest amount ÷ 6 months) × 5 months
= ($2,250 ÷ 6 months) × 5 months
= $375 × 5 months
= $1,875
Answer
Journal entries are as follows
Explanation:
Correct journal entries are:
Dr Accumulated Depreciation 18,000
Dr Cash 2,000
Cr Delivery 20,000