Answer:
<u>A Strategic Alliance</u>
Explanation:
A Strategic Alliance refers to a combined effort or activities of two firms so as to strengthen their market position and yet at the same time maintain their individual separate corporate existence.
It represents a mutually beneficial agreement between two corporate firms under which, terms are less binding and stringent than a joint venture.
The purpose behind such an alliance could be, expansion, product line improvement or together gain a competitive advantage.
Such an alliance helps both businesses achieve a common goal driven by mutual assistance and pooling of resources.
In the given case, the tie up between Caffery computer corp. and Chicago desktop to sell computer locking systems alongside computers, would be termed a strategic alliance, since such an arrangement would benefit both, reduce competition for each with collective gain w.r.t market share.
Driving consists of a <u>"decision making" </u>process that is used hundreds of times per mile traveled
.
Driving a commercial vehicle requires your complete consideration since it is a decision-making process.
These decisions turn out to be second nature as an individual has all the more driving background.
While working a commercial vehicle, the driver must settle on the right choice in a brief instant. Inability to settle on the right choice can put the motoring open and the business driver in danger of damage or demise.
Answer: $40
Explanation:
Selling price can be calculated through the contribution margin equation;
Contribution margin = (Selling Price - Variable cost) / Selling Price
Contribution margin = Fixed costs/break-even point
= 660,000/1,100,000
= 60%
60% = (Selling Price - 16) / Selling Price
Selling price * 60% = Selling price - 16
16 = Selling price - (0.6 * selling price)
16 = Selling price * 40%
16/40% = Selling price
Selling price = $40
Answer: The correct answer is A) The subsidiary revalues assets and liabilities to their fair values as of the acquisition date.
Explanation: Push down accounting is used when a company buys another company. This type of accounting revalues the assets and liabilities of the acquired company at a fair value on the date of acquisition.
Answer:
$273.96
Explanation:
The balance will be the future value of $209, at 7% for four years.
The formula for calculating the future value is as below.
FV = PV × (1+r)^n
Where PV is the present value, $209
r= is the interest rate 7% or 0.07
n= 4 years
FV = $209 x ( 1+ 0.07) ^4
Fv =$209 x 1. 310
Fv = 273.9563
Fv= 273.96
