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2 years ago

In China, it is considered a norm to give carefully chosen gifts to those one is doing business with. True False

1 answer:

5 0

As regards the statement on giving a carefully chosen gift to those you do business with in China being a norm, this statement is <u>True</u>.

<h3>What is considered a norm in Chinese business?</h3>

The Chinese believe that when you do business with someone, you should present them with a carefully thought out and chosen gift.

This shows great respect for your business partner, and can help negotiations to go along more smoothly.

Find out more on business norms at brainly.com/question/5718637.

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How to start a Media Company?

Evgesh-ka [11]

Did u try googling it?

7 0

3 years ago

________________ analyzes how we choose to use our resources on an aggregate (national)level and includes measures of performanc

Alecsey [184]

Macroeconomics is the branch of economics which deals with largescale or general economic factors like interest rates and national productivity. The correct answer is Macroeconomics.

<h3><u>What does Macroeconomics deal with?</u></h3>

Macroeconomics examines the functioning, structure, and behavior of the entire economy (like people, households, industries, etc.) in contrast to microeconomics, which focuses primarily on the decisions made by individual economic actors.

It analyzes the economy-wide phenomena such as inflation, price levels, rate of economic growth, national income, gross domestic product (GDP), and changes in unemployment. It also analyzes the causes, stimulation and driving forces of these phenomena and how the national performance can be improved.

The two main areas of macroeconomic research are long-term economic growth and shorter-term business cycles.

Therefore, the national performance indicators like inflation, unemployment, and federal government expenditures and resource utilization are analyzed are studied under Macroeconomics.

You can learn more about Inflation using the following link: brainly.com/question/1082634

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8 0

1 year ago

Walman Corp. manufactures products X, Y, and Z from a joint production process. Joint costs are allocated to products on the bas

rewona [7]

Answer:

We will only produce further product Y and Z

Explanation:

We should check the increase in sales revenue with the increase in cost to know if further process acheive a gain:

<u>Product X</u>

Increase in sales value:

348,000 - 340,000 = 8,000

Additional Cost: <u> (38,000) </u>

difference: (30,000) Non-profitable

<u>Product Y</u>

Increase in sales revenue:

185,000 - 150,000 = 35,000

additional cost: <u> (30,000) </u>

difference: 5,000 Profitable

<u>Product Z</u>

Increase in sales revenue:

147,000 - 110,000 = 37,000

additional cost: <u> (22,000) </u>

difference: 15,000 Profitable

3 0

3 years ago

Sheffield borrowed $701000 on October 1, 2017 and is required to pay $721000 on March 1, 2018. What amount is the note payable r

Georgia [21]

Answer:

On October 01, 2017

The amount actually borrowed that is $ 701,000 will be recorded as liability/note payable on october 01, 2017. The following accounting entry will be passed

Debit Cash Asset $ 701,000

Credit Note payable $ 701,000

Interest recognized from October 1 to December 31, 2017

The premium amount paid on redemption will be recorded as interest over the period of time. The interest amount is

Interest = 721,000 -701,000 = $ 20,000

So this above calculated expense will be recognized as an expense over loan period.

5 0

3 years ago

A sales tax of $1 per unit of output is placed on one firm whose current equilibrium price is $5 and current equilibrium quantit

Brums [2.3K]

Answer:

Explanation:

B is the correct answer

3 0

3 years ago