1. Starbright Industries, which manufactures radiators, has recently begun doing business in Japan. Its executives make a deal to export a shipment of a new type of radiator to Japan once
the product exits the production stage. The shipment will be worth one billion yen, or
approximately $9.4 million U. S. dollars.
I
a. The new product is expected to be ready within a month. However, difficulties arise and the
shipment is delayed for three months. How might this create an accounting problem in terms of
determining the value of the shipment (1 point)

B . How does this situation show the difficulty that may be a posed by implementing an international set of standards?

Goods and services that can be used for the same purpose are and goods and services that are used together are

In december of 2004, the company you own entered into a 20-year contract with a grain supplier for daily deliveries of grain to its hot dog bun manufacturing facility. the contract called for "10,000 pounds of grain" to be delivered to the facility at the price of $100,000 per day. until february 2017, the supplier provided processed grain which could easily be used in your manufacturing process. however, no longer wanting to absorb the cost of having the grain processed, the supplier began delivering whole grain. the supplier is arguing that the contract does not specify the type of grain that would be supplied and that it has not breached the contract. your company is arguing that the supplier has an onsite processing plant and processed grain was implicit to the terms of the contract. over the remaining term of the contract, reshipping and having the grain processed would cost your company approximately $10,000,000, opposed to a cost of around $1,000,000 to the supplier. after speaking with in-house counsel, it was estimated that litigation would cost the company several million dollars and last for years. weighing the costs of litigation, along with possible ambiguity in the contract, what are three options you could take to resolve the dispute? which would be the best option for your business and why?

How do communism and socialism differ in terms of the role that government plays in the economy ?