Answer:
The correct answer is letter "D": They will save time to market if they pool their technological know-how.
Explanation:
In a Joint Venture, two or more businesses agree to contribute capital (<em>labor and knowledge</em>) and resources (<em>money and infrastructure</em>) to fasten the development process of a common project. Typically, developers, manufacturers, and service providers come together to form a joint venture and if successful, they share the profits based on their respective contributions to the joint venture.
Answer:
B
Explanation:
A. Positive confirmation should always be used for large balances
C. Trade receivables is the overlying term for both account receivables and note receivables. There is no distinguish here between large and small balances.
D. The positive form should be used for receivables that are unsatisfactory.
The Formula we're going to use is:
DSO=(Sales/365)
Application:
1. 35($3,500,000/365) = $335,616
ANSWER: $335,616
or if you are having a hard time.
2. $3,500,000/365 = 9,589.04
then,
9,589.04 x 35 = $335,616
Answer:
The answer is a. The project will utilize some equipment the company currently owns but is not now using.
Explanation:
If you look at all the other options that are listed here, they either are a significant sum to the company or has a significant the opportunity cost. In this one, company uses idle assets and therefore bears no opportunity cost.
This is distributive justice by defition