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avanturin [10]
3 years ago
9

Although​ beva-cola maintains bottling facilities on five​ continents, it allows each country manager to alter the recipe slight

ly to accommodate local tastes. we would consider​ beva-cola to be​ a(n) _______.
a. international corporation
b. transnational organization
c. distributed corporation
d. multidomestic corporation
e. global corporation
Business
1 answer:
Nitella [24]3 years ago
7 0
International corporation company
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Sales tax is this type of tax because it represents a higher percentage of the income of lower income earners.
HACTEHA [7]
Answer is A. regressive tax
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3 years ago
In 2012, XYZ Inc., a medical equipment distributor, sold 10,000 units of its hospital beds at an average price of $500 per unit.
ivann1987 [24]

a. The preparation of XYZ's Income Statement  for the year ended December 31, 2012 is as follows:

Net sales revenue                             $4,800,000

Cost of goods sold                             3,450,000

Gross profit                                       $1,350,000

Operating expenses      400,000

Depreciation expense    100,000        500,000

Operating income                            $850,000

Interest Expense                                  200,000

Income before taxes                         $650,000

Taxes (40% x $650,000)                   260,000

Net income                                       $390,000

b. The ending inventory balance of XYZ's 2012 is as follows:

Units = (Beginning inventory + Purchases - Sales)

= 2,000 beds (1,000 + 11,000 - 10,000)

Dollars = $700,000 (2,000 x $350).

Data and Calculations:

Units of beds sold = 10,000

Average price per unit = $500

Sales revenue = $5,000,000

Estimated returns and allowances = $200,000

The Net sales revenue is $4,800,000 ($5,000,000 - $200,000).

The Cost of goods sold is $3,450,000 (9,000 x $350 + 1,000 x $300).

The Ending inventory is $700,000 (2,000 units x $350).

Operating expenses = $400,000

Depreciation expense = $100,000

Interest expense = $200,000 ($2,000,000 x 10%)

Tax rate = 40%

Thus, the ending inventory balance of XYZ's 2012 is 2,000 beds, worth $700,000.

Learn more about preparing income statement here: brainly.com/question/24470417

3 0
2 years ago
The balance in the j. higgins, withdrawals account was $4,700. the entry to close the account would include a?
Solnce55 [7]

The balance in the j. Higgins, withdrawal account was $4,700. the entry to close the account would include a debit to J. Higgins, Capital, $3,200.

A direct debit is a record of the amount deducted from your bank account, such as when you write a check. The total debits must balance the total credits. Synonyms: Payment, Liability, Payment, Obligation Other synonyms for direct debit.

In accounting, a credit is an entry that records a decrease in an asset or an increase in a liability, and a decrease in expenses or an increase in income (as opposed to a debit that does the opposite). Thus, credits increase net income on the company's income statement, while debits decrease net income.

A direct debit is a payment made or debited or an indication of the amount debited. Attempting to track a mysterious $2 withdrawal from a bank account is unlikely to succeed, but it should be done anyway.

Learn more about debit here: brainly.com/question/24914390

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8 0
1 year ago
Based on the information in the article, which title would be most appropriate?
mylen [45]

Answer:

Common evaluation criteria include: purpose and intended audience, authority and credibility, accuracy and reliability, currency and timeliness, and objectivity or bias.

Explanation:

3 0
3 years ago
Read 2 more answers
Which of the following is true of a dividend​ payout? A. When a stock begins to trade ex dividend the share price will fall. B.
mariarad [96]

<u>Answer:</u> Option A

<u>Explanation:</u>

Dividends affect the stock price in many ways. The stock price is marked down by the investors as they think the dividends paid out is a source of investment. But the company which issues the dividend to the shareholders does it as a an act of gratitude for investing in their business. They share the profits with the shareholders by paying out dividends.

Companies with substantial profits issues dividends regularly. Dividends are either paid in the form of money per share or by issuing additional shares.

7 0
3 years ago
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