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juin [17]
2 years ago
14

Jeremy runs a U.S.-based company. Recently, some of his customers with global operations have placed additional orders that requ

ire Jeremy to work with their foreign subsidiaries. As a result, Jeremy has developed local distribution and service reps in three foreign markets. What stage of the global experience learning curve is Jeremy experiencing?
Business
1 answer:
Soloha48 [4]2 years ago
7 0

Jeremy is experiencing companies with foreign marketing.

What is Foreign marketing?

  • An international marketer is a marketing expert who is in charge of global commercial strategies.
  • They create and implement business and marketing strategies to promote the services and products of their clients or organizations in diverse worldwide markets.
  • The first step in international marketing is identifying the suitable market in which the exporter can sell his goods financially because each market is different and no one person can sell his product in every market around the globe.
<h3>Solution -</h3>

In the given situation Jeremy has developed local distribution and service reps in three foreign markets doing social marketing.

Therefore, Jeremy is experiencing companies with foreign marketing.

Know more about marketing here:

brainly.com/question/25754149

#SPJ4

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A change from straight-line depreciation to double-declining-balance depreciation would be reported as__________.
sertanlavr [38]

A change from straight-line depreciation to double-declining-balance depreciation would be reported as a restatement of the prior period statements only.

The term depreciation refers to an accounting technique used to spread the cost of a tangible or physical asset over its useful life. Depreciation indicates how much of an asset's value has been used. It allows companies to generate income from the assets they own by making payments over a period of time.

Depreciation expense is apportioned to charge a reasonable portion of the depreciation amount for each accounting period over the expected useful life of the asset. Depreciation includes the depreciation of assets with a predetermined useful life.

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8 0
2 years ago
Squirrel tree services reports the following amounts on december 31, 2021.Assets Liabilities and Stockholders’ EquityCash $9,500
fiasKO [112]

Answer and Explanation:

1. The preparation of the balance sheet is presented below:

                               <u> Squirrel tree services</u>

<u>                                           Balance sheet</u>

<u>                          For the year ended December, 31, 2021</u>

<u>Liabilities                               Amount             Assets                    Amount </u>

<u>and stockholder equity</u>

Liabilities

Account payable                  $15,100        Cash                            $9,500

Salaries payable                   $5,300         Supplies                     $3,600

Note payable                        $38,000       Prepaid insurance    $5,300

Total liabilities                       $58,400      Building                       $90,000

Equity

Common stock                     $40,000

Retained earnings                 $10,000

Total equity                            $50,000

Total liabilities & equity          $108,400   Total assets              $108,400

2. The preparation of the cash flow statement is presented below:

                               <u> Squirrel tree services</u>

<u>                                    Cash flow statement</u>

<u>                          For the year ended December, 31, 2021</u>

Particulars                    Amount ($)             Amount ($)

Cash flow from operating activities-  

Cash inflows  customers  96,000  

Cash outflows salaries      (40,000)  

Cash outflows supplies     (22,000)  

Net Cash flow from operating activities (A)     34,000

Cash flow from investing activities-  

Sale of investments                   35,800  

Purchase of building                 (98,000)  

Net Cash flow from investing activities (B)     (62,200)

Cash flow from financing activities  

Borrowed from bank                      38,000  

Dividends                                      (15,500)  

Net Cash flow from financing activities (C)             22,500

Net increase in cash (A+B+C)                   (5,700)

Add: Cash at beginning of year                 15,200

Cash at end of year                                     9,500

7 0
4 years ago
Required information Skip to question [The following information applies to the questions displayed below.] ABC Company prepared
vodka [1.7K]

Answer:

A. $32,000

B. Dec 31

Dr Bad debts expense $18,600

Cr Allowance for doubtful accounts $18,600

C. Dec 31

Dr Bad debts expense $34,400

Cr Allowance for doubtful accounts $34,400

Explanation:

a. Calculation to Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 5% of total accounts receivable to estimate uncollectibles, instead of the aging of receivables method

Accounts receivable

Not due $ 410,000

1 to 30 $ 104,000

31 to 60 $ 50,000

61 to 90 to$ 32,000

Over 90 $44,000

Total Accounts receivable $640,000

Estimate the balance of the Allowance for Doubtful Accounts=$640,000*5%

Estimate the balance of the Allowance for Doubtful Accounts=$32,000

Therefore the Estimated balance of the Allowance for Doubtful Accounts will be $32,000

b. Preparation of the adjusting entry to record Bad Debts Expense from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $13,400 credit.

Dec 31

Dr Bad debts expense $18,600

Cr Allowance for doubtful accounts $18,600

($32,000-$13,400)

(To record Bad Debts Expense)

c. Preparation ofn the adjusting entry to record bad debts expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $2,400 debit.

Dec 31

Dr Bad debts expense $34,400

Cr Allowance for doubtful accounts $34,400

($32,000+$2,400)

(To record bad debts expense )

5 0
3 years ago
On October 1, 2021, Ca Corporation declared and issued a 10% stock dividend. Before this date, Ca had 80,000 shares of $5 par co
Reika [66]

Answer:

The correct answer is Option A.

Explanation:

The overall effect this declaration would has on the retained earnings would be determined using the current market value, meanwhile the effect on common stock would determined using the par value.

Stock dividend declared = 10% x 80,000 shares x $10 = $80,000

The effect on common stock will be = 10% x 80,000 shares x $5 = $40,000

So, paid in capital in excess of par value common stock is $80,000 - $40,000 = $40,000.

Necessary accounting entries

Debit Retained earnings $80,000

Credit Common stock $40,000

Credit paid in capital in excess of par value common stock $40,000

<em>(To record declaration of 10% stock dividend)</em>

8 0
3 years ago
Earning a periodic interest rate of 2.50% compounded annually. Earning a periodic interest rate of 1.25% compounded semiannually
I am Lyosha [343]

Answer:

a) 1.025%

b) 1.025%

c) 1.0242%

d) 1.0242%

Explanation:

Kindly check the picture attached to see the explaination and Formula used.

4 0
4 years ago
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