Answer:
The correct answer is b. Cash Cow.
Explanation:
Multinationals look beyond their core business for additional sources of income to increase their income statement. Secondary income is those from products or services that differ from the main ones within a business. And despite their name, they can play a leading role in a brand's strategy and can give a vital boost to a company's revenue.
It should be noted that merging of national markets that have historically been distinct and separate is the process of Globalization of Market.
<h3>What is Globalization of Market?</h3>
Globalization of Market can be regarded as the coming together of historically distinct as well as separate national markets making large space of market.
Therefore, Globalization of Market involves merging of national markets that have historically been distinct.
Learn more about Globalization of Market at;
brainly.com/question/4934175
Answer & Explanation:
The carrying value of the company is $3000 ($23000 - $20000) and the amount paid is $700 for the exchange of a truck worth $5700. The entry for such an exchange will be:
Dr Truck- Accumuated Depreciation $20000
Dr New Truck (Balancing amount) $3700
Cr Asset Cost $23000
Cr Cash Paid $700
So the new value that must be recognized as asset value in the Statement of Financial Position for the year is $3700.
So the option C is correct.
Answer:
c. the December 31 adjusting entry.
Explanation:
Answer:
internal business processes
Explanation: