Which of the following is not among the common reasons why companies enter into strategic alliances? a. To expedite the development of promising new or products technologies
b. To improve supply chain efficiency
c. To acquire or improve market access through joint marketing agreements
d. To avoid the need to employ outsourcing strategies or risk impairing their ability to strongly differentiate their products or services from the offerings of industry rivals
e. To overcome deficits in their own expertise and capabilities and/or bring together the personnel and expertise needed to create desirable new skill sets and capabilities

Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale.required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse.b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this.c. explain the difference between sale of receivables with recourse as oppose to without recourse.