Answer:
A. Selection of the appropriate causal variable Y is important
Explanation:
We have this function, Y = f(X).
From this function we can see that Y is dependent on X. That is, it is a function of X. Y is not a causal variable. A causal variable is a variable that is able to influence the variable of interest. From this question Y is the variable of interest. It is the dependent variable. The independent variable is X and it is the causal variable.
Therefore the incorrect one is Selection of the appropriate causal variable Y is important
Answer:
d. a multinational's home-country standards of ethics are the appropriate ones for companies to follow in foreign countries.
Explanation:
The righteous moralist will claim that ethical standards which are appropriate as per the multinationals home country should be followed in the companies that are situated in foreign countries. The managers who belong to developed nations will consider following this approach. Ethical standard are moral principles that preside over a person’s behavior and manner or a company's activities.
Answer:
Although appealing to more refined tastes, art as a collectible has not always performed so profitably. During 2003, Sotheby’s sold the Edgar Degas bronze sculpture Petite Danseuse de Quatorze Ans at auction for a price of $10,311,500. Unfortunately for the previous owner, he had purchased it in 1999 at a price of $12,377,500.
Explanation:
Answer:
Aug 6. Dr cash $14,000
Cr Sales $14,000
Aug,6 Dr Cost of goods sold $8,400
Cr Merchandise inventory $8,400
August 12
Dr Sales returns $1,560
Cr Cash $1,560
August 12
Dr Merchandise inventory $936
Cr Cost of goods sold $936
Explanation:
In the first place,the goods sold for cash of $14,000 means that cash account is debited and sales is credited with $14,000
However,with respect to cost of goods sold,there would a debit of $8,400 and credit of the same amount to merchandise inventory.
The goods returned returned would necessitate debit of sales return with $1,560 and credit to cash of the same amount.
The cost of goods returned is $936 ($1,560*$8400/$14,000) should debited to merchandise inventory and a credit to costs of good sold
Answer:
1. The name of Walmart’s CEO and President is Doug McMillon.
2. For the fiscal 2018 the company generated $28.3 billion as operating cash flow.
3. The amount of provisional benefit recorded by Walmart as a result of tax reform was $207 million. This amount was for both the full quarter and full year.
4. For fiscal 2018 the company had employed 2.3 million associates across the world.
5. Gross margin = gross margin/net sales.
Gross margin = net sales – cost of goods sold.
Gross margin % for Q418:
Net sales (excluding membership and other income) 135,150.00
less: cost of sales -102,640.00
Gross margin 32,510.00
Gross margin % (gross margin/net sales) 24.05
