Answer:
net income is 2.7 million
Explanation:
given data
beginning of year decrease = $1.5 million
dividend = $4.2 million
to find out
net income
solution
we know that here relation that is
net income + Beginning retained earning - dividend = Ending retained earning
so here Beginning retained earning - Ending retained earning = $1.5 million
so
Beginning retained earning - Ending retained earning = dividend - net income
put here value so net income will be
1.5 = 4.2 - net income
net income = 4.2 - 1.5 = 2.7
net income is 2.7 million
Answer:
stabilize and monitor the global marketplace
Explanation:
In simple words, global institutions are the organisations that work for the regulation and monitoring of certain activities all around the world. International monetary fund and International labor authority are two of the prime examples of such institutions.
In respect of market place, the primary goal of such institutions is to stabilize the market place so that it can run more efficiently.
Answer:
The correct answer is: physical uniqueness, path dependency, causal ambiguity, and social complexity.
Explanation:
Companies constantly look for developing a competitive advantage so the product or service they offer outstands competitors. Four (4) are the characteristics that companies should try to accomplish if an attempt to provide products with differential advantage to the market:
- Physical uniqueness:<em> resources are scarce.
</em>
- Path dependency:<em> the methods to obtain a competitive advantage are not easy to develop.
</em>
- Causal ambiguity:<em> competitors cannot distinguish what causes originating the advantage.
</em>
- Social complexity:<em> organizational culture and human capital are too complicated to be replicated.</em>
Answer:
The correct answer is letter "B": limits on interest rates charged by credit card companies.
Explanation:
A Price Ceiling is a maximum amount a seller can charge for a product or service. A regulating authority -usually the local government- enforces price ceilings and they are typically set to protect low-income consumers for being priced-out of markets of essential goods and services.
Apartments provide a common example. Some cities provide price ceilings on what the landlords can charge for rent. A price ceiling in credit card interest rates would all into this category as well.