Which of the following is a disadvantage of using credit

On October 1, 20X4, Shaw Corp. purchased a machine for $126,000 that was placed in service on November 30, 20X4. Shaw incurred a

vichka [17]

Answer:

option (D) $138,000

Explanation:

Data provided in the question:

Purchasing cost of the machine = $126,000

Additional costs for this machine :

Shipping = $3,000

Installation = $4,000

Testing = $5,000

Now,

The cost of machine that should be reported

= Purchasing cost + Additional costs incurred

= $126,000 + $3,000 + $4,000 + $5,000

= $138,000

Hence,

The correct answer is option (D) $138,000

8 0

3 years ago

Axiom International, an Australian company, wants to expand its operations to China, a country that is politically, culturally,

RSB [31]

Answer:

B. Joint venture

On a Joint venture, Axiom will have partner which share the risk and cost of the project.

Also this partners can be local companies with knowledge ofthe Chinese market.

Axiom will have limited liability until his contribution.

It will generate new jobs in the country and include local business persons, this will be politically acceptable

This option has everything Axiom is looking for.

Explanation:

A.- if Axiom uses a subsidiary it will not have access to local knowledge. Also it will be the same entity, so it won't be sharing the cost.

It won't be what the company need

C.- if exporting it will not be expanding inside the country. Also it will not provide local knowledge or share the cost with a third party. The goverment may create additional tariff or market cuota or any other barrier to protect national companies.

It won't be what the company need

E.- Licensing: will be selling the brand name or product to a third party. It will not be part of the revenue stream entirely. A third party with knowledge of the market will exploit the benefit.

D. Greenfield investments: The company will establishes operations on the country. It will have a high cost, but will get the goverment approval for the jobs created in China. However it will be Axiom who takes the cost and risk for the entire investment.

These two are partially suitable, but with some backwards

6 0

3 years ago

One of the lessons that we learned from the Ford Pinto case was that:_________

Oksi-84 [34.3K]

Answer: option 3

Explanation:

Background to the case:

The cases involving the explosion of Ford Pinto's due to a defective fuel system design led to the debate of many issues, most centering around the use by Ford of a cost-benefit analysis and the ethics surrounding its decision not to upgrade the fuel system based on this analysis.

Basis of analysis:

Should a risk/benefit analysis be used in situations where a defect in manufacturing could lead to seriously bodily harm and even worse death, such as in the Ford Pinto situation?

Rule of the court:

There hasn’t really been a definite decision about the case and arguments both for and against such an analysis have been made. It is an economically efficient method which has been accepted by courts for numerous years, however, juries may not always agree, so companies should take this into account.

Discretion is expected to be used.

6 0

3 years ago

Land and other real estate held as investments by endowments in a government's permanent fund should be reported at

VashaNatasha [74]

Complete Question:

Land and other real estate held as investments by endowments in a government’s permanent fund should be reported at

Group of answer choices

A. Historical cost.

B. Fair value less costs of disposal.

C. Fair value.

D. The lower of cost and net realizable value.

Answer:

C. Fair value.

Explanation:

Land and other real estate held as investments by endowments in a government's permanent fund should be reported at fair value of the reporting date except for the exception of life insurance contract, external investment pool, money market investment etc.

The fair value can be defined as the actual or real value of an asset, security, product or item in financial accounting.

5 0

3 years ago

One of Justin's largest international customers is Alpine Airwaves in Switzerland. He got a call from his contact at Alpine Airw

Evgen [1.6K]

Answer:

Justin's company should prepare to demonstrate that it is ISO 14001 compliant.

This means that it is following the environmental management standards for environmental footprint and waste reduction, while promoting environmental sustainability in its operations.

Explanation:

ISO 14001 is one of the environmental management standards, prescribed by the International Organization for Standardization (ISO), "to help reduce environmental impacts, reduce waste, and make the environment more sustainable," according to the ISO website. ISO 14001 specifies requirements for an effective environmental management system (EMS) by providing a follow-able framework.

3 0

3 years ago