Well people apply for loans when they need money for a certain goal. Like in the movie fantastic beasts and where to find them in the first part they are at a bank. The guy in their tries to get a loan so he can start a company as an entrepreneur. He wants to be able to own his own bakery so he could make cookies cakes and several other designs. Another reason people get loans is when their business is failing. Like the macys owner in the Florida Oviedo town mall took a few loans to help start up the company and pay to own the store their. But it recently closed. Those are two examples of when people took a loan to either start or continue a buisness when money was short.
"In accounting, reconcile means to compare two sets of records to make sure they are in agreement"
She compared two sets of records for example checking and finance to make sure it's in agreement
According to the research, Joana is demonstrating responsibility for delivering a last-minute presentation on behalf of her team.
<h3>What is responsibility?</h3>
It is the quality of that individual who fulfills his obligations and assumes the consequences of his acts.
Through it, individuals make decisions consciously and take responsibility for the consequences that may arise from them, in addition, it implies the commitment to fulfill agreements and obligations.
Therefore, we can conclude that according to the research, Joana is demonstrating responsibility for delivering a last-minute presentation on behalf of her team.
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Answer:
Production department $440,000
Sales department $143,000
Explanation:
The allocation of the total cost to the operating departments is proportional to the number of employees. In other words, as the number of employees increases, so does the allocated cost and vice versa.
Hence,
Cost allocated to the production department
= 40/(40 + 13) × $583,000
= 40/53 × $583,000
= $440,000
Cost allocated to the sales department
= 13/(40 + 13) × $583,000
= 13/53 × $583,000
= $143,000
A strategic alliance is an arrangement between two companies to undertake a mutually beneficial project while each retains its independence.
The agreement is less complex and less binding than a joint venture, in which two businesses pool resources to create a separate business entity.
<h3>What is Joint Venture?</h3>
A joint venture is a child company of two parent companies.
It’s maintained by sharing resources and equity with a binding agreement. Whether it’s formed for a specific purpose or an ongoing strategy, a joint venture has a clear objective, and profits are split between the two companies.
<h3>What is Non – Equity Strategic Alliance?</h3>
In a non-equity strategic alliance, organizations create an agreement to share resources without creating a separate entity or sharing equity.
Non-equity alliances are often more loose and informal than a partnership involving equity. These make up the vast majority of business alliances.
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