The form of Foreign direct investment used to acquire the existing machine parts manufacturer in Mexico, Robertson Corp based in Ohio is called a greenfield investment.
<h3>What is a
greenfield investment?</h3>
A greenfield investment refers to a foreign portfolio investment whereby a company buys the stocks or bonds of an existing company.
In conclusion, the acquisition of Robertson Corp in other to establish new operations in a northern Mexico is called a greenfield investment.
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The statement that the percent sales method for estimating bad debts for a company, will only use those balances in the income statement is False.
<h3>What is the percent of sales method?</h3>
The percent of sales method is one of the methods that companies can use to estimate the bad debts that it expects in a given period. Bad debts refer to those Account Receivables that will not pay the company back even after they have taken goods or services on credit. In order to be able to use the percent of sales method, the sales of a company need to be known.
The sales that a company makes includes both the sales that the company made and the accounts receivable. The Accounts Receivables go to the Balance Sheet and Sales go to the Income Statement. This means that the Balance Sheet balances are used as well as Income Statement balances and not just the latter.
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When Brad John talks about the fact that he is going to have to create different financial plans depending on the amount of business the company is bringing in, he is referring to a cash flow plan. It estimates short and long-term expenses against projected incoming cash. This is a form of anticipation through creating cushion intended for unexpected expenses.
Multinational enterprises that manufacture commodity products that focus on cost leadership tend to use a business level strategy.
<h3>What is multinational enterprise?</h3>
Multinational enterprise are International organization or cooperation with two or more countries in the chain of operation.
They also involve in production of goods and services.
Therefore, Multinational enterprises that manufacture commodity products that focus on cost leadership tend to use a business level strategy.
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