The general journal is a chronological record of all transactions
Indicate whether the statement is true or false
True
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The Ford Motor Company has entered into an alliance with Yves Saint Laurent, a maker of clothing and one of the most successful fashion houses in the world. Yves Saint Laurent is headquartered in France. Ford will use Yves Saint Laurent designs and color traditions in its production of luxury models of the company's Expedition SUV and Lincoln vehicles. The Yves Saint Laurent elements will appear in the interior and body paint color. This alliance would most likely be classified as
A. a strategic alliance. B. a joint venture. C. a global direct ownership. D. a multinational enterprise. E. contract manufacturing.
________ are popular vehicle used to finance mergers and takeovers
A) Income bonds B) Junk bonds C) Floating rate bonds D) Convertible debentures
The most common lien on personal property is:
a. a mechanic's lien b. a possessory lien c. an integrated lien d. a mortgage lien e. a potential lien
TreeTop Nursery sold $7,500 of goods to customers of which $4,500 has been collected. TreeTop should report revenues of:
A. $0. B. $7,500. C. $3,000. D. $4,500.