This given scenario is an example of keiretsu.
<h3>What is a Keiretsu?</h3>
This refers to the conglomerate of businesses that are linked together based on shared holdings and is a popular business term in Japan.
Hence, we can see that based on the given scenario about the business partnership between Toyota and Tomo Tires, they work together on product development, finance, and marketing. This is an example of a keirestsu.
Read more about Keiretsus here:
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Answer: Note receivable collected by bank in favor of the depositor and credited to the account of the depositor
Explanation:
A bank reconciliation is when the records for a cash account of an entity are been matched to the corresponding information that are provided on a bank statement.
When preparing a bank reconciliation which ends with adjusted cash balance, the note receivable collected by bank in favor of the depositor and credited to the account of the depositor must be added to the cash balance per ledger.
Answer:
True.
Explanation:
True.
We use the following document Local Apprnticeship And Training Standards For The Electrical Joint Apprenticeship Training Committee.
On the section "TIME-BASED OCCUPATION" says: "The time-based approach measures skill acquisition through the individual apprentice’s completion of at least 2,000 hours of on-the-job learning as described in a work process schedule".
Section V: - Term of Apprenticeship
MINIMUM – 180 HOURS PER YEAR/LOCAL JATC MAY INCREASE AS DEEMED NECESSARY
And as we can see is approved to extend the probation with more than the established hours.
Answer:
3.96
Explanation:
A company's Time Interest Earned ratio shows us its ability to pay its debts.
The income before expenses is given as: $575000
The interest expenses = $145000
The question wants us to find time interest earned ratio. We get this by:
Company's initial income/interest expenses
= $575,000/$145,000
= 3.96
This is the correct answer to the question. The right answer was not listed in the options.