A Samoan handicraft company is expanding its market into Australia and New Zealand. The company's director of marketing is resea

Response:

cash   110,000 debit

  land                   100,000 credit

  gain from disposal  10,000 credit

--to document the land sale--

accounts payable 80,000 debit

               cash               80,000 credit

--to record the settlement of debts--

gain from disposal 10,000 debit

                Morgan           7,500 credit

                Halsted          2,500 credit

--to allocate gains from sale--

Morgan 22,500

Halsted    7,500

   Cash                30,000

--to dissolve the partnership--

Clarification:

ratio 3:1 (3+1=4)

Morgan  15,000 share of 3/4 = 75%

Halsted   5,000 share of 1/4 = 25%

a gain of 10,000 from the sale is shared as follows

Morgan 10,000 x 75% =  7,500

Halsted 10,000 x 25% =   2,500

Next, we close the accounts against cash

Presented options for this inquiry include: a. franchises; b. licenses globally; c. pays governments to market; d. contract manufactures. The right choice is d. contract manufactures. A contract manufacturer (CM) specializes in producing goods for a client based on specific requirements. Generally, these products are branded and appear as if they were made by the client rather than the CM. This relationship is advantageous for both parties, as clients save significantly on production and operational costs, while the manufacturers benefit from a consistent workload. Under such outsourcing arrangements, the manufacturer supplies all necessary facilities, materials, and labor for the client's product line.

Answer:

d.92 units.

Explanation:

Total units completed plus

the completed portion of ending WIP minus

the completed portion of beginning WIP

Total units completed and transferred 100

ending WIP of 10 units x 40% = 4 units

beginning inventory of 20 units x 60% complete equals (12) units

Equivalent Units for conversion 92

Coca-Cola and General Motors exemplify the use of sponsorship as a strategic tool to communicate cultural messages through their promotional endeavors by supporting various small, local sports teams and cultural events globally, particularly in schools. This goes beyond merely displaying logos in exchange for investment; it reflects a commitment to foster community spirit through sports and promote athlete support, thereby engaging with youth in a dynamic and enjoyable manner, using their brand power to encourage sports participation.