The principal difference between public and privately held companies is that public companies have shares that can be publicly traded on a stock market. A privately held company might become a publicly held company by conducting an initial public offering, which is the offering of shares of the company to the public.
The price of food, water and oil would go up
Answer:
The amount of cash did Russia receive from Wells Fargo is $49,025
Explanation:
* Since the receivable is charged with 6% of the interest rate for one-year, the amount Russia Corporation will receive on June 30th 2019 is: Principal + Interest on the principal = 50,000 + 50,000*6% = $53,000.
* In 30th September 2019, it is 9-month to the maturity of the Receivable valued at $53,000 and the bank charge 10% on the discount, so the cost of discount will be: 53,000 x 10% x 9/12 = $3,975
=> The total cash received by Russia from the Bank = Receivable plus interest on it to be collected on 30 June 2019 - Discount cost = 53,000 - 3,975 = $49,025.
Answer:
D. Market Penetration
Explanation:
Market penetration is one of the Growth strategies as defined by Ansoff. With the use of an actor and an ex NFL player for their advertisement, Herbal Organics was able to penetrate the market more, thereby increasing their sales as compared to the previous year. Market penetration involves funding ways to lure away customers from competitors towards you. Its aimed at increasing the available market share through increased efforts in getting customers or target markets.
Answer:
57,000 overstated
Explanation:
the inventory identity is as follows:
Beginning invenotry and purchases cannot be alter as they are past measurement.
The impact of the overstated inventory mkaes the cost of good sold be 57,000 dollar less therefore; net income is misstated by 57,000 as well.
Because the COGS decreases the income a lower COGS generates an overstated net income.