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Paha777 [63]
3 years ago
12

Rodriguez Paints Inc., a manufacturer of paints and emulsions, owns a user-friendly website. The website allows customers to upl

oad pictures of their house to help in selecting their color choices. New Designs Inc., an interior decoration firm, enters into a partnership with Rodriguez Paints Inc. As a result, customers can now get a complete design solution for their houses. This is an example of _____.
Business
1 answer:
ICE Princess25 [194]3 years ago
4 0

Answer:

Strategic alliance

Explanation:

A strategic alliance corresponds to a union of companies with common objectives, however these companies, despite being united for a period of time to conquer advantages together, are not a single company, that is, their independence remains preserved.

Companies seek to ally themselves in strategic alliances to achieve several joint objectives, such as reaching a greater potential audience, pooling resources, increasing technology, increasing marketing, greater capacity to face competition, economies of scale, etc.

You might be interested in
Read the scenario and answer the question.
Aleksandr-060686 [28]

Answer:

A). The price of gasoline increased in coastal cities since gasoline was harder to find.

Explanation:

As per the principles of demand and supply, a decrease in supply while demand remains constant will cause the price to increase.  In Georgia, the supply of gasoline was interrupted by the storm's effect. There was little gasoline coming in, leading to a shortage. After Electricity went off, gasoline demand must have gone high as people needed fuel for generators.

Gasoline has no close substitutes, especially when used as fuel for cars and generators. A shortage results in the scramble for the little available products. Sellers hike prices to maximize profits, and buyers are willing to pay more to get the scarce gasoline, thereby increasing its prices.

6 0
3 years ago
You buy an annuity which will pay you $12,000 a year for ten years. The payments are paid on the first day of each year. What is
Kruka [31]

Answer:

PV of annuity due = $90,182.8 (Approx.)

Explanation:

Given:

Payment per year = $12,000

Number of year = 10

Interest rate = 7% = 0.07

Find:

PV of annuity due

Computation:

PV of annuity due = P + P[{1-(1+r)⁻⁽ⁿ⁻¹)/r]

PV of annuity due = 12,000 + 12,000[{1-(1+0.07)⁻⁽¹⁰⁻¹)/0.07]

PV of annuity due = $90,182.8 (Approx.)

7 0
2 years ago
Outdoor Company expects to sell 7 comma 500 units for $ 175 each for a total of $ 1 comma 312 comma 500 in January and 2 comma 5
nikitadnepr [17]

Answer and  Explanation:

The preparation is presented below:

                              Outdoor Company

               Inventory, Purchases, and Cost of Goods Sold Budget    

             Two months Ended January 31 and February 28

Particulars              January          February March

Sales in units         7,500 units      2,500 units   4,700 units

Sales price         $175                 $195              $270

Sales in dollars $1,312,500      $487,500       $1,269,000

Percentage of cost of goods sold 60%   60% 60%

Cost of goods sold $787,500      $292,500 $761,400

Add: Desired ending merchandise inventory $185,500 466,840

    ($292,500 × 60% + $10,000)        ($761,400 × 60% + $10,000)

Total merchandise inventory required $973,000   $759,340

Less: Beginning merchandise inventory $482,500  $185,500

                        ($787,500 × 60% + $10,000)

Budgeted purchases $490,500  $573,840

The ending inventory of month of Jan should be beginning inventory of Feb and the same is shown above

         

6 0
3 years ago
Fey Corporation uses the equity method of accounting for its investment in a 30%-owned investee that earned $56,000 and paid $18
tatiyna

Answer:

The answer is : C. Investment overstated; retained earnings overstated

Explanation:

Under the equity method of accounting, Fey Corporation should record the correct entry as below:

Dr Equity Investment 16,800

Cr Equity Income 16,800

Dr Cash 5,400

Cr Equity Investment 5,400

As a result, Investment account has been overstated by $5,400 while Dividend Revenue account has been overstated by $5,400. The overstating in Dividend Revenue will subsequently result to the overstating in Retained Earnings account through closing entry.

So, C. Investment overstated; retained earnings overstated is the correct answer.

6 0
3 years ago
Okay I need help with question <br> Please
bagirrra123 [75]

Answer:

fs

Explanation:

fs

7 0
3 years ago
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