The journal entry for the issuance of the stock for issue of 40 shares at a par value of $20, will affect a credit to Common Stock for $800.
<h3>What is a journal entry?</h3>
The process of maintenance of systematic and chronological records of financial transactions during a given financial period is known as a journal entry.
Hence, option C holds true regarding the journal entry.
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Answer:
False
Explanation:
According to these philosophers, these integrated systems have lowered the cost of the products and this lower cost has enabled companies to quote lower prices to win greater revenues from increased number of sales.
Answer:
2. business unit
Explanation:
Strategy refers to a future course of action formulated now, for efficient operations and fulfillment of long term goals. It refers to ways and methods a business firm shall employ in the near future.
Strategy at the business level is more concerned with the quality of products and services offered by a business and methods via which good relations can be maintained and strengthened with customers.
Business level strategy is focused upon providing best value to customers so as to increase sales volume and maximize profits, alongside providing customer satisfaction.
A multinational enterprise (MNE) is defined as a firm that operates and controls production or distribution facilities in more than one country.
<u>Explanation:</u>
According to Franklin Root MNE is a company that,
- engages in foreign manufacturing or production via its other branches located in several other countries.
- handles direct control over the policies of its own affiliates
- implements various strategies in marketing, manufacturing, staffing and finance that transcend the national boundaries.
In some cases, the ownership of the MNEs are dispersed internationally and these corporations are known as transnational corporations (managed generally from global perspective).
