When components for a dell laptop computer are produced by a u.s. supplier, this is an example of onshoring.
A supplier is someone or enterprise that provides a product or service to any other entity. The role of a supplier in an enterprise is to offer products from a manufacturer at an awesome rate to a distributor or store for resale.
In an enterprise, a supplier is someone or an entity that provides top-notch offerings and goods from manufacturers at reasonable costs to shops or distributors for sale. They offer deliverables in the form of raw materials, which the producers later system into market-equipped stop products.
Providers are often known as the first hyperlink in a supply chain, present strictly in a B2B relationship. With the aid of comparison, a seller is a business or man or woman who purchases merchandise from a corporation, then sells them to a person else.
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Answer:
True
Explanation:
Unlike Accrual basis accounting the cash basis method of accounting requires revenue to be recognized when performance obligations are settled rather than when they are incurred.
The major difference between cash and accrual accounting is in the timing of when transactions are taken account of. Whereas Accrual accounting recognizes transactions when they occur (i.e. expenses when they are incurred and revenue when they are earned) Cash accounting recognizes revenue and expenses only when cash is paid.
Answer:
c. -$435.00
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation:
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
The amount of goodwill that is recorded by Large is $5 million
Explanation:
Goodwill is the excess of price consideration paid to acquire controlling stake in a company over the fair value of the company's net assets.
Net assets in the sense implies the fair value of total assets less fair value of liabilities.
Fair value of total assets is $9 million
Fair value of liabilities is $3 million
As a result net assets upon acquisition is $6 million($9 million less $3 million)
Since the consideration paid in acquiring Small's voting stake is $11 million, goodwill is $5 million($11 million less $6 million).
The $ 5 million is the excess of purchase consideration over the fair value of Small's net assets as at the date of acquisition
