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11Alexandr11 [23.1K]
3 years ago
8

Reverse innovations are innovations that are adopted first in the Triad-based multinationals and then diffused around the world.

True or false?
Business
1 answer:
Cloud [144]3 years ago
5 0

Answer:

False

Explanation:

Reverse innovations are innovations that are developed and tested in developing markets before it is transferred to developed markets.

It is called reverse because innovations are taken from developing to developed markets as against developed to developing markets.

Cheers.

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Forest City has recently implemented GAAP reporting and is attempting to determine which of the following special revenue funds
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The Ayayai Corp. purchased $7990 worth of laundry supplies on June 2 and recorded the purchase as an asset. On June 30, an inven
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Explanation:

The adjusted journal entry is shown below:

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3 years ago
Read the passage. Then answer the question that follows. Nikia designs and produces board games that she sells online. She forme
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6 0
3 years ago
Danner Company expects to have a cash balance of $58,050 on January 1, 2017. Relevant monthly budget data for the first 2 months
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Answer:

                                                                             January                  February

Beginning Cash Balance                                     58,050                  35,475

Add: Receipts

Collections from Customers                               109,650                 193,500

Sale of Marketable Securities                              <u>15,480</u>                 <u>       0      </u>

Total Receipts                                                   <u>   125,130    </u>             <u>  193,500</u>

Total Available Cash                                            183,180                  228,975

Less: Disbursements

Direct Materials                                                  64,500                      96,750

Direct Labour                                                      38,700                       58,050

Manufacturing Overhead                                  25,155                        30,315

Selling and Administrative                                 19,350                        25,800

Total Disbursements                                       <u>  147,705       </u>             <u>   210,915</u>

Cash Balance                                                     35,475                        18,060

Financing

Add: Borrowings                                                   0                                  7,740

Less: Repayments                                          <u>       0           </u>                    <u>      0    </u>

Ending Cash Balance                                        35,475                         25,800

The company wants to maintain a minimum monthly cash balance of $25,800 so in February they will have to borrow;

= 25,800 - 18,060

= $7,740

8 0
3 years ago
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