Answer:
- The core competence of a firm’s competitive advantage is based on control over proprietary technological and innovation know-how, licensing and joint venture arrangements should be avoided when necessary so as to avoid and minimize the risk of losing control over that technology. For firms with a competitive advantage based on management effectiveness, the risk of losing control over the management skills to franchisees or joint venture partners is not that welcomed or encouraged. However, many service firms favor a combination of franchising and subsidiaries to control the franchises within particular countries or regions. The subsidiaries may be wholly owned or joint ventures, but most service firms have believed that joint ventures with local partners works best for controlling subsidiaries.
Answer:
3.83 years
Explanation:
The payback period measures how long it takes for the amount invested in a project to be recovered from the cumulative cash flows.
It is a capital budgeting technique that doesn't account for the time value of money.
Payback period = Cost of asset / cash flows
$92,000/ $24,000 = 3.83 years
I hope my answer helps you
Answer:
Culver Corporation
Balance sheet as on December 31, 2017
Equity
Common Stock $758,700
Paid-in Capital in Excess of Par-Common Stock $208,400
Non-controlling Interest $36,200
Retained Earnings $122,300
Accumulated Other Comprehensive Loss <u>$153,200</u>
Total Equity <u>$1,278,800</u>
Explanation:
Equity accounts includes all the paid-in capital account common at par and excess of par and retained earning, non controlling interest and accumulated other comprehensive account.
The following account are non equity accounts, so these are not added to equity section of balance sheet.
Bonds Payable $108,400
Goodwill $60,900
1. Local-part: This goes before/to the left of the @ and is commonly known as the username
2. @ symbol: This is part of every email address- there are no spaces between the local part, @ symbol, and domain name.
3. Domain name: This identifies the host of the email website
Example
[email protected]
Answer:
$38,400
Explanation:
Calculation to determine what will be the balance in the allowance for doubtful accounts after the year-end adjustment to record bad debt expense
Using this formula
Balance in the Allowance account adjustment = outstanding accounts receivable *Estimated uncollectible percentage
Let plug in the formula
Balance in the Allowance account adjustment= $1.28 million account receivables x 3%
Balance in the Allowance account adjustment= $38,400
Therefore what will be the balance in the allowance for doubtful accounts after the year-end adjustment to record bad debt expense is $38,400
