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Wittaler [7]
3 years ago
15

International Paper Company, MeadWestvaco, and Rubicon, Ltd. Work together and found ArborGen, a new biotechnology company that

creates genetically modified trees. This is an example of a ______ because ArborGen is a new company, founded based on inputs from three other companies.
Business
1 answer:
Pachacha [2.7K]3 years ago
4 0

Answer: Joint venture

Explanation: A joint venture can be defined as a business entity, that is created by two or more firms by shared ownership or sharing in risk and returns. The joint venture is usually done by the firms for targeting new emerging markets to increase their customer base.

In the given case, Arboren is a new company and is formed by the joint ownership of three existing firms.

Hence, from the above we can conclude that this is an example of Joint venture.

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Generally, an income amount that relates to a future period and therefore can be set aside and included in income for that perio
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The term that is referred by the description above is RESERVES. The reserve is the amount that is being kept for future periods. This amount is separated to the current period's income, but is part of the next period if this is applicable. The answer is D.
6 0
3 years ago
Lorraine belongs to a national consumer panel created by a market research company. She regularly receives samples of new produc
kherson [118]

Answer:

A. premarket testing.

Explanation:

The pre market testing is when people from a certain business send products to people that are the target of that product to see if they would use it, continue to use it and how much would they be willing to pay for that product, this is done prior to the launch of the product, in order to get to know better the consumer and how they can improve their product, also to see if it is viable to start mass production and launch it into the market, so what Lorraine is doing is premarket testing.

5 0
3 years ago
At March 1,2020, Candy inc. Had supplies on hand of $500. During the month Candy purchased supplies of $1200 and used supplies o
solong [7]

Answer: The March 31 adjusting journal entry shoud include $1200

Explanation: Given that the

Supplies on hand = $500

Candy purchased supplies of $1200 and used supplies of $500

The unused supplies will be:

1200 - 500 = 700 dollars

The March 31 adjusting journal entry shoud include the addition of the supplies on hand and the unused supplies. That is,

500 + 700 = 1200 dollars

8 0
3 years ago
Par On, a firm that creates games for mobile devices and PCs, has an unusual training program for all its new employees. The pro
Grace [21]

Answer:

On boarding

Explanation:

  • The process of creating a new employee on boarding has been going on since the employee in the company was established.
  • Orientation is the onboarding process in which new employees learn about the company's culture, organization structure and their job roles and duties.
  • What the company is trying to do in those five days is to introduce new company employees to its company culture and structure, as well as tell them what to expect.
4 0
3 years ago
A company has already incurred $8,400 of costs in producing 6,600 units of Product XY. Product XY can be sold as is for $26 per
olga nikolaevna [1]

Answer

The company should sell XY as it is because processing it further would reduce its income by $(33,000)

Explanation

<em>A company should process further a product if the additional revenue from the split-off point is greater than than the further processing cost. </em>

Product A                                                                $

Additional revenue ( 31 -26)×  6,600               33,000

Further processing cost (10×  6600)             <u> ( 66,000)</u>

Loss from further processing (100)               <u>(33,000)</u>

7 0
3 years ago
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