Identify a true statement about alliances and joint ventures. They prevent partners from achieving economies of scale and scope that would be easy for a firm operating alone to accomplish. They are likely to be less favored as a means of doing business in emerging countries. They fail to help partners overcome the effects of local collusion or limits being put on foreign competition. They have become popular in recent years because of the significant operational benefits they offer to both multinational companies (MNCs) and their local partners.

Faldo corp sells on terms that allow customers 45 days to pay for merchandise. its sales last year were $325,000, and its year-end receivables were $60,000. if its dso is less than the 45-day credit period, then customers are paying on time. otherwise, they are paying late. by how much are customers paying early or late? base your answer on this equation: dso - credit period = days early or late, and use a 365-day year when calculating the dso. a positive answer indicates late payments, while a negative answer indicates early payments.a. 21.27b. 22.38c. 23.50d. 24.68e. 25.91b