On July 15, there is pending 6000 on the cash account.
Then on July 20, Cajon Co. returns the merchandise of 1000, so the pending cash decreases and now it is only 5000.
Afterwards, on July 24, Cajon paid for the merchandise. Since the credit terms is 2/10, 2 percent discount will be given if they paid within 10 days. So 5000 multiplied by . 02 = 100. 5000 - 100 = $4900 is the amount of cash received.
Answer:
Rise
Explanation:
A monopoly is defined as a market situation where only one seller determines the supply and price of a product, because they are the only ones that produce it.
When forms make technological advancements, they are able to make processes cheaper. So there is more money saved that can be used to increase production.
In this scenario for every product manufactured there is a $40 saved. This excess cash can be put back into the production to increase the output and profit.
Answer:
The correct answer is the last option: goes too far and not every situation can be approached relying on home-country standards.
Explanation:
To begin with, the <em>righteous moralist approach to ethics</em> refers to the belief, that the standards of ethics from a multinational's home-country are the appropiate ones to implement in companies from foreign countries, therefore that this model is very associated with managers from developed nations. Moreover, the biggest criticism to that model is that it goes too far and it does not consider that not every situation can be approached relying on home-country standards due to the fact that every nation is different and the companies in them can not imitate the standards used in the other ones.
Answer: In broad terms, corporate communication is the practice of creating, fostering, and maintaining a consistent brand image and identity. Effective corporate communication helps you mold a company image that promotes internal loyalty while also creating loyal external customers.
Answer:
Decline & Downward
Explanation:
Taylor rule states that when the current inflation is higher than the target inflation the central bank should increase the interest rates. Therefore, central banks that does not follow Taylor rule, will not increase the interest rate in case of higher inflation expectation that eventually lead to:
- Decline in real interest rates (difference between interest rate & nominal inflation), as nominal inflation is increasing and interest rates are unchanged.
- Downward sloping curve as short term inflation expectations are higher