All categories

4 years ago

What are the two main forces that underlie the globalization of markets and production?

1 answer:

8 0

The two forces are:
1. Falling barriers to trade and investments: Many countries of the world now allow their countries to engage in trade with other countries, this has led to increase in globalization of markets and production.
2.Technological innovations: technology has made so many things possible in the business world today.The whole world has been linked up by internet and this makes it easier for a company to market its products to the whole world.

You might be interested in

Which of the following was the result on appeal in the Case Opener, the case in which Sara Creek Property Company argued that an

pychu [463]

Answer: The correct answer is "(E) That an injunction, rather than damages, was the appropriate remedy.".

Explanation: An injunction rather than damages was the appropriate remedy since in that case, the result was that the court ended up ruling that a precautionary measure would be the most appropriate because determining the adequate calculation of damages would be too difficult.

5 0

4 years ago

Read 2 more answers

Find the after-tax return to a corporation that buys a share of preferred stock at $47, sells it at year-end at $47, and receive

kipiarov [429]

Answer:

5.80%

Explanation:

Computation of after-tax return

Based on the information given the total before-tax income will be $3.

Since the firm is in the 30% tax bracket this means that the taxable income will be calculated as:

Taxable income =(0.30 ×$3)

Taxable income = $0.9

The next step is to calculate for the Taxes

The taxes will be = (0.30 ×$0.9) = $0.27

Now let calculate for the After-tax income

After-tax income = ($3 - $0.27) = 2.73

The last step is to find the After-tax rate of return using this formula

After-tax rate of return =After-tax income/Share of preferred stock

Let plug in the formula

After-tax rate of return = ($2.73/$47)

After-tax rate of return=0.058×100

After-tax rate of return = 5.80%

Therefore After-tax rate of return will be 5.80%

4 0

3 years ago

Money that has value because the government has ordered that it is an acceptable means to pay debts is referred to as

vfiekz [6]

Answer:

Fiat money is the answer

Explanation:

7 0

3 years ago

Which of the following is not an example of a financial strategic objective? Group of answer choices Generate Internet-related r

Ivenika [448]

Answer:

Reduce volatile air emissions 15 percent by 2015 from 2010 base year, indexed to net sales. (3M) Cut corporate overhead costs by $30 million per year. (Fortune Brands)

Explanation:

The financial strategic objective refers to an objective in which the organization wants to mentioned about the change in the items of a financial statements like increase in growth in sales, increase in net earnings, etc

According to the given options, the last option is correct as in this no improvement is to be shown in terms of growth

Therefore the last option is correct

4 0

3 years ago

On January 2, 2017, the Matthews Band acquires sound equipment for concert performances at a cost of $65,800. The band estimates

Vesna [10]

Answer:

The revised depreciation expense for the second year = Depreciation expense for the third years = $23,925

Explanation:

The Matthews Bandy uses straight-line depreciation method, Depreciation Expense per year is calculated by following formula:

Depreciation Expense = (Cost of equipment − Salvage Value )/Useful Life

For the first year,

Depreciation Expense = ($65,800 - $2,000)/4 = $15,950

At the end of the first year,

Book vale of the equipment = $65,800 - $15,950 = $49,850

At the start of the second year, this equipment will last only a total of three years ( remaining useful life 2 year) with a residual value of $2,000.

Depreciation Expense for second year = ($49,850 - $2,000)/2 = $23,925

Depreciation Expense for third year = $23,925

4 0

4 years ago