Solution :
a). Flexible budget
A flexible budget is a budget that is prepared for the different volume level which was originally anticipated.
b). Flexible budget variance
It is the different between the flexible budget and the actual results.
c). Return on Investment
It is used to evaluate the performance of the investment centers. It is calculated by dividing operating income by the investment.
d). Favorable variance
The company has the favorable variance when the actual values are more than the budgeted values.
Answer:
a. Market share
Explanation:
Higher market share puts companies at a competitive advantage. Companies with high market share often receive better prices from suppliers, as their larger order volumes increase their buying power
<u>Multinational corporations</u> move resources, goods, services, and skills across national boundaries without regard to the country in which they are headquartered.
Multinational corporations:
What do multinational firms mean?
Any company that is registered and conducts business in more than one nation at once is referred to as a multinational corporation (MNC), sometimes known as a transnational corporation. The corporation typically operates totally or partially owned subsidiaries in other nations while having its headquarters in one particular nation.
MNCs provide their goods and services in many different nations, necessitating global management. Multinational companies have many assets, a high rate of turnover, and aggressive marketing. The MNCs in India include LTI, TCS, Tech Mahindra, Deloitte, and Capgemini, to name a few.
Learn more about multinational corporation here:
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Answer:
$489,250
Explanation:
Market value of bonds and stock warrants
= ((500*1000*0.95)+(500*50))
= 475000+25000
= $500,000
Issue price bonds = 500000*1.03
= 515000
Carry value of bonds = ((500*1000*0.95)/500000)*515000
= (475000/500000)*515000
= $489,250
Answer:
He will be less likely to spend on scones.
Explanation:
Understanding the spending pattern requires to understand the factors involving in purchasing.
- Income: Some people live tightly, and for that they have to cut down their expenditures and that affects their spending. Jose will not have much issues although buying scones because they will not be expensive, so this relationship is negative.
- Substitution: This will probably affect the the spending of Jones on scones because he used to buy both together, and if he stops spending on coffee he will not buy scones as well.
