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algol [13]
3 years ago
8

The Ford Motor Corporation and Toyota Motor Corporation planned to join forces in 2011 to produce a hybrid truck that would meet

fleet emission standards. Toyota had considerable experience at that point with hybrid vehicles, and coupled with Ford's long history of truck manufacturing, it would be a potentially productive partnership. What would be the best structure for the collaboration between these two automotive giants
Business
1 answer:
Yuliya22 [10]3 years ago
4 0

Answer: joint venture

Explanation:

The best structure fmtahts ideal for the collaboration between these two automotive giants will be a joint venture.

A joint venture is a form of business whereby two or more businesses come together and join their resources together so that they'll achieve a common goal.

When Ford and Toyota pool their resources together, this will bring about access to new markets, increased capacity, access to new knowledge, greater resources, and the improvement in income.

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A company receives a discount for paying for merchandise purchased within the discount period. How will the amount of the discou
Delvig [45]

If the company receives a discount for paying for merchandise purchased within the discount period, the amount of the discount be recorded in a perpetual inventory system by being credited to inventory.

Inventory financing can be defined as a credit obtained by businesses to pay for products that aren't intended for immediate sale. Financing that collateralized by the inventory is used to purchase. Smaller privately-owned businesses that don't have access to other options are usually used inventory financing. Inventory financing is particularly critical as a way to smooth out the financial effects of seasonal fluctuations in cash flows and can help a company achieve higher sales volumes by allowing it to acquire extra inventory for use on demand.

Learn more about inventory financial here brainly.com/question/15744686

#SPJ4

6 0
1 year ago
Sun-Jun is the executive general manager of a U.S.-based multinational corporation. Marisol is a manager in a similar position b
Norma-Jean [14]

Answer: A. choosing an appropriate mode for entering a particular foreign country

Explanation:

The options to the question are:

A. choosing an appropriate mode for entering a particular foreign country

B. developing a business strategy

C. marketing a product or service

D. adhering to labor and environmental standards

E. maintaining healthy relations with the U.S. government.

From the question, we are told that Sun-Jun is the executive general manager of a U.S.-based multinational corporation while Marisol is a manager in a similar position but works for an American company that operates only in the U.S. and does not engage in international business.

Since Marisol's company does not engage in international business, while Sun-Jun works in a multinational corporation, this means that the business function will be most typically exclusive to Sun-Jun will be choosing an appropriate mode for entering a particular foreign country.

4 0
2 years ago
Presented below are four statements which you are to identify as true or false.
slavikrds [6]

Answer:

1. GAAP is the term used to indicate the whole body of FASB authoritative literature.  <u>TRUE</u>.

The Financial Accounting Standards Board are the authors of the GAAP and as such GAAP is used to indicate the whole body of their literature.

2. Any company claiming compliance with GAAP must comply with most standards and interpretations but does not have to follow the disclosure requirements.  <u>FALSE. </u>

To claim compliance with GAAP, all standards and interpretations including Disclosure requirements should be followed.

3. The primary governmental body that has influence over the FASB is the SEC.  <u>TRUE.</u>

The Securities and Exchange Commission (SEC) is the Government body that is meant to oversee the application of Accounting standards and as such, they have influence over the FASB.

4. The FASB has a government mandate and therefore does not have to follow due process in issuing a standard.<u> FALSE. </u>

Even though they have a Government mandate, the FASB must follow due process when establishing principles so that people might be able to contribute to or criticize the guidelines should they please.

4 0
2 years ago
In September 20X3, LaToya Corporation paid for insurance for the next six months in the amount of $42,000. On December 31, LaToy
Umnica [9.8K]

Answer:

Net income is overstated by $28,000.

Explanation:

As the company forget to make the adjustment entry it didn't recognize any expense for the expired insurance.

From September to December 31th 4 month of insurance has expired:

42,000 x 4 month/6 months = 28,000 insurance expense

as the expense weren't post the income statement is overstated along with the assets of the company as it doesn't have a prepaid amount for 42,000 but for 14,000

5 0
3 years ago
In the manufacture of 9,400 units of a product, direct materials cost incurred was $174,900, direct labor cost incurred was $109
stiv31 [10]

Answer:

$154,000

Explanation:

Calculation to determine the total conversion cost

Using this formula

Total conversion cost=Direct labor cost incurred

+Applied factory overhead

Let plug in the formula

Total conversion cost =$109,800+$44,200

Total conversion cost=$154,000

Therefore Total conversion cost is $154,000

5 0
3 years ago
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