1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zloy xaker [14]
3 years ago
15

In recent years, the trend among U.S. firms is to outsource the "production" of certain service activities to developing nations

where labor costs are lower.
True / False.
Business
1 answer:
Amiraneli [1.4K]3 years ago
5 0

Answer:

TRUE

Explanation:

We currently live in a globalized world. Globalization is an economic and political phenomenon that has transformed the relations of production and labor. The companies started to produce in countries where the labor is cheaper, becoming consequently more competitive. Thus, US multinational companies outsource the manufacture of components of their products in different territories. For example, an Iphone has components made in China, Vietnam and others. This makes the final price of the iphone lower around the world.

You might be interested in
On January 1, 2021, Calloway Company leased a machine to Zone Corporation. The lease qualifies as a sales-type lease. Calloway p
Delicious77 [7]

Answer:

DR Interest receivable                                  26,400

CR Interest revenue                                                       26,400

Explanation:

As first lease has already been paid, the amount left of the lease is;

= 280,000 - 40,000

=$240,000

Interest is 11% so the interest to be received in December is;

= 11% * 240,000

= $‭26,400‬

This will be debited to Interest receivable as it is money owed and credited to Interest revenue as it is money earned.

6 0
3 years ago
Carmel Corporation is considering the purchase of a machine costing $41,000 with a 8-year useful life and no salvage value. Carm
Andru [333]

Answer:

E. $20,500

Explanation:

The average investment is defined as the average between the initial investment and the salvage value of the equipment.

In this situation, Carmel Corporation had an initial investment of $41,000 for the machine and its salvage value is zero. Therefore, Carmel's average investment is:

AI = \frac{\$41,000+0}{2} \\AI = \$20,500

The answer is alternative E. $20,500

3 0
3 years ago
Parsons Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last
arsen [322]

Answer:

option (C) 32,750 hours

Explanation:

Data provided in the question:

Actual manufacturing overhead cost = $250,000

Overapplied overhead = $12,000

Predetermined overhead rate = $8.00 per direct labor-hour

Now,

The total Manufacturing Overhead applied last year

= Actual manufacturing overhead cost + Overapplied overhead

=  $250,000 + $12,000

= $262,000

Therefore,

Direct Labor Hours worked last year = \frac{\textup{Total Manufacturing Overhead applied}}{\textup{Predetermined overhead rate}}

or

=  \frac{\textup{262,000}}{\textup{8}}

= 32,750 hours

Hence,

The correct answer is option (C) 32,750 hours

6 0
3 years ago
g Use the following abbreviations to answer this question: O Operating activities item I Investing activities item F Financing a
Furkat [3]

Answer and Explanation:

The cash flow statement includes three types of activities which are listed below:

1. Operating activities: It includes those transactions that after net income affect the working capital. It would subtract the increase in current assets and a decrease in current liabilities, while adding the reduction in current assets and a rise in current liabilities.

It would adjust those changes in working capital. In addition, the depreciation costs are added to the net income and the loss on the sale of assets is added, while the benefit on the sale of assets is subtracted

2. Investing activities: it tracks activities that involve purchasing and selling long-term properties. The purchase is a cash outflow while the sale is a cash inflow

3. Financing activities: it records activities that have an impact on long-term liability and equity balance of shareholders. Share issue is a cash inflow whereas redemption and dividend are cash outflows.

Based on this the classification are as follows

a. Payment of employee wages = Operating activities O = Outflow of cash deducted from the net income

b. Cash collected from customers for sales  = Operating activities O = Inflow of cash added from the net income

c. Payment of dividends = Financing activities F = Outflow of cash represents in a negative sign

d. Purchase of land for an office building  = Investing activities I = Outflow of cash represents in a negative sign

e. Repayment of debt owed to a financial institution = Financing activities F = Outflow of cash represents in a negative sign

f. Purchase of shares of another company = Financing activities F

g. Cash received as rent payment from a tenant in a building owned by the company = Operating activities O = Inflow of cash added from the net income

h. Issuance of shares =  Financing activities F = Inflow of cash represents in a positive sign

7 0
3 years ago
A motorist from State A struck and injured a pedestrian in State B. The pedestrian, a State B resident, brought an action in a S
GenaCL600 [577]

Answer: C. No, because the federal rules permit service under the rules of the state in which service will be effected.

Explanation:

The case was filed in federal court so the rules regarding the service of the summons will be according to the rules of federal courts.

Rule 4 of the Federal Rules of Civil Procedure allows for the service of a summons to be based on the service rules of the state where the service is to be made. As the service was done in State A and State A allows service to be at defendant's place of business, proper procedure was followed and so the court will not dismiss the action.

4 0
3 years ago
Other questions:
  • A store accidentally priced an item at $20 instead of $30 and honored the mispricing. where should the $10 difference
    11·1 answer
  • Cumulus Corp. wants to generate goodwill among its customers. It aims at gaining a favorable impression that can positively impa
    6·2 answers
  • Countries such as Brazil, India, and Moldova-well-known sources of donors-have banned buying and selling organs. This legal acti
    14·1 answer
  • weighted average method in its process costing system. Units % complete for Conversion Beginning work in process inventory 5,000
    13·1 answer
  • When the price of a good rises, consumers tend to purchase less of it and buy a relatively less expensive good. This behavior cr
    13·1 answer
  • Jenny was feeling frustrated. "What's taking them so long to make a decision? It's been weeks since I first met with them, and t
    8·2 answers
  • What two things do you consider when evaluating the time value of money? (13 points)
    9·1 answer
  • "You plan to buy a piece of machinery worth $50,000 then you plan to sell it at the end of its 15-year life cycle for $5,000. Wh
    10·1 answer
  • Why is physical location critical for a distribution business
    9·1 answer
  • problem 08-07 (algo) you are the manager of a monopolistically competitive firm, and your demand and cost functions are estimate
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!