Answer:
net income: $ 451,010
EPS: $ 6.32 per share
Explanation:
net sales 2,409,200
cost of good sold (1,464,600)
gross profit: 944,600
operating expenses:
selling expenses (284,000)
operating income 660,600
non operating:
interest revenue 38,100
interest expense (54,400)
non operating expense (16,300)
earning before taxes: 644,300
tax expense: 30% 193,260
net income 451,010
shares outstanding 71,390
Earning per share: 451,010/71,390 = 6,31755
Answer:
1-2%
Explanation:
In simple words, every nation in the world have some kind of central authority that works to control and keep the inflation as low as possible. However, too low inflation can also lead to recession which brings problems way worse than inflation.
Thus, keeping in mind about all the information we have studied, it is advisable to keep inflation at 1% or 2% band, so that economy can grow moderately along with no price pressure on consumers.
By definition, a recession is a temporary period in a business cycle wherein a decline in the economy is generally observed which causes the Gross Domestic Product or GDP to significantly drop. In addition, that would also yield to increase of unemployment rate decreasing the income of people.
Answer:
A global strategy allows for the markets in various countries to be part of the world market and competitive conditions across country markets to be strongly linked.
Explanation:
A global strategy is a business organization system that unites the different national delegations of a company in an integrated and comprehensive way in a single action plan.
In this way, companies with branches around the world ensure that each of them will use the same performance criteria, unifying processes and strengthening the common virtues of the company. Furthermore, it presents a comprehensive response to the different problems that arise in each territory.