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mixer [17]
3 years ago
14

Strategic alliances almost always result in one company taking over the financial interests of another company true or false

Business
1 answer:
DanielleElmas [232]3 years ago
6 0

Answer:

The statement is: False.

Explanation:

Strategic alliances are partnerships between two or more companies to join their best practices to reach wider sectors of the market. While some alliances could end in becoming company mergers, that does not always happen. Companies can build long-term relationships of cooperation without the need of taking a look at each other's financial statements.

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A materials requisition slip showed that direct materials requested were $36000 and indirect materials requested were $6000. The
Svetlanka [38]

Answer:

The entry to record the transfer of materials from the storeroom is

Debit Work in process                                 $ 36,000

Debit Factory overhead control                  $   6,000

Credit Material Account                               $ 42,000

The material is accounted in material stock account when purchase. Latter if material is used directly it is taken in work in process account. Indirect material is accounted in FOH account.

5 0
3 years ago
Which of the elements of this scenario represent a flow from a firm to a household? This could be a flow of dollars, inputs, or
aivan3 [116]

The representation of the cash flow from firm to household would be the folowing:

  • The $225 per week Jake earns working for Little Havana
  • The mojito Latasha receives
  • Latasha's labor
<h3>What is meant by flow?</h3>

This is the term that is used to refer to the way that income gets to the household. We know that the people of the household are thiose that would go to use their skills in order to do work so  that they can earn income for the labor they give out.

Hence we can say that The representation of the cash flow from firm to household would be the following:

  • The $225 per week Jake earns working for Little Havana
  • The mojito Latasha receives
  • Latasha's labor

Read more on cash flow here;

brainly.com/question/735261

#SPJ1

4 0
1 year ago
On January 29, Quality Marble Inc., a marble contractor, issued for cash 75,000 shares of $10 par common stock at $23, and on Ma
Mariulka [41]

Answer:

The correct answer for option (a) is shown below, and for option (b) is $2,325,000

Explanation:

According to the scenario, the computation of the given data are as follows:

(a).

Jan 29   Cash  A/c Dr. $1,725,000            (75,000 × $23)

              To, Common stock A/c. $750,000    ( 75,000 × $10)

             To Share in excess of par value A/c $975,000   ( 75,000 × $23-$10)

May 31  Cash  A/c Dr. $600,000    ( 100,000 × $6)

            To, Preferred stock  A/c $400,000  ( 100,000 × $4)

           To, Preferred stock in excess of par value  A/c $200,000 ( 100,000 × $6 - $4)

(b). Total amount invested = $1,725,000 + $600,000

= $2,325,000

7 0
2 years ago
Bledsoe Corporation has provided the following data for the month of November: Beginning Ending Raw materials $ 26,400 $ 22,400
BartSMP [9]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Beginning Raw materials $26,400

Ending Raw materials $22,400

Beginning Work in process $ 18,400

Ending Work in process $ 11,400

Beginning Finished Goods $ 49,400

Ending Finished Goods $ 57,400

Additional information:

Raw materials purchases $ 73,400

Direct labor cost $ 93,400

Manufacturing overhead cost incurred $ 43,540

Indirect materials included in manufacturing overhead cost incurred $ 4,140

Manufacturing overhead cost applied to Work in Process $ 42,400

A) Cost of goods manufactured:

Beginning Work in process $ 18,400

Beginning Raw materials $26,400

Raw materials purchases $ 73,400

Ending Raw materials $22,400 (-)

Direct labor cost $ 93,400  

Manufacturing overhead cost applied $ 42,400

Ending Work in process $ 11,400 (-)

Total= $220,200

B) Cost of goods sold:

Beginning Finished Goods $ 49,400

Cost of goods manufactured $220,200

Ending Finished Goods $ 57,400 (-)

Unadjusted COGS= $212,200

Underapplied MOH= 1140

Adjusted COGS= $213,340

6 0
3 years ago
"A customer calls a registered representative to sell 500 shares of an over-the-counter stock and tells the representative that
lorasvet [3.4K]

Answer:

Not allowed, FINRA prohibits private securities transactions. Trading must be done with the knowledge of your firm in the public securities markets

Explanation:

Since in the question it is mentioned that call of the customer registered the representative for selling off  500 shares over the counter stock and the transactions should be done in privately

here according to the FINRA, it prohibits the transactions in which the person deals in private securities also there should be knowledge in the firm for the securities market held in market

6 0
3 years ago
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