Which of the following would be an example of international business?

Identify two benefits of drawing up a business plan.

VashaNatasha [74]

Answer:

Here are four benefits of a business plan:

You can get outside funding. To get funding from lenders or investors, you need to show a business plan. ...

You gain an understanding of your market. ...

You focus your strategies. ...

You can check the financial numbers.

Explanation:

5 0

2 years ago

On October 1, 2022, Ivanhoe Company places a new asset into service. The cost of the asset is $87500 with an estimated 5-year li

Dimas [21]

Answer:

$3150

Explanation:

Given:

Cost of the asset purchased = $87500 (on 1st October. 2022)

Salvage value at the end of its useful life = $24500

Useful life estimated = 5 years

Question asked:

What is the depreciation expense for 2022 if Ivanhoe Company uses the straight-line method of depreciation?

Solution:

As we know:

$Straight-Line\ Depreciation\ Expense=\frac{Cost\ - Salvage\ Value}{Useful\ Life\ of\ the\ Asset}$

$=\frac{87500-24500}{5} =\frac{63000}{5} =12600$

Depreciation expenses per year = $12600

But we have to find depreciation expenses for 2022 for:-

From 1st October, 2022 to 31st December, 2022 = 3 months.

Straight-Line Depreciation Expense for Partial Year = 

 $D\times\frac{N}{12} \\\\ D=Depreciation\ expense\ for\ a\ complete\ year.\\N= Number\ of\ months\ during\ which\ the\ fixed\ asset\ was\ available\ for\ use$

Depreciation Expense for 3 months = $12600\times\frac{3}{12} =\frac{37800}{12} =3150$

Therefore, the depreciation expense for 2022 if Ivanhoe Company uses the straight-line method of depreciation is $3150.

5 0

3 years ago

In 1975, OPEC did not allow the export of U.S. crude oil in order to drive up the price of oil. This action is an example of a(n

Murrr4er [49]

Answer: d. export ban

Explanation:

An Export Ban as the term implies refers to restrictions on the sale of a good to another country or set of countries.

In 1975, OPEC in a bid to drive up prices as well as punish countries it viewed as sympathetic to Israel, refused to supply the US and it's Allies with Oil thus reducing supply in the market. This had the effect of driving up oil prices and accomplishing their goals.

It had the effect of encouraging the US to implement an export ban so that domestic production in the US could be ramped up to take care of the population should OPEC ever threaten them again.

4 0

3 years ago

Operating activities are most closely related to a. long-term assets. b. dividends and treasury stock. c. long-term liabilities

Licemer1 [7]

Operating activities are most closely related to current assets and current liabilities. Therefore, the correct answer is option 'D'.

The functions of a business that are directly related to providing goods and/or services to the market are referred to as operating activities.

Manufacturing, distributing, marketing, and selling a product or service are examples of core business activities.

Operating activities generate the majority of a company's cash flow and determine whether or not it is profitable.

Cash receipts from goods sold, payments to employees, taxes, and payments to suppliers are all examples of common operating activities.

These activities are detailed in a company's financial statements, particularly the income and cash flow statements.

Operating activities differ from investing or financing activities, which are functions of a business that are not directly related to the provision of goods and services.

Instead, financing and investing activities aid the company's long-term performance.

This means that a company's issuance of stock or bonds does not count as an operating activity.

Hence, the correct answer is 'D'.

Learn more about operating activities:

brainly.com/question/25530656

#SPJ4

8 0

1 year ago

If the fda bans the use of green food coloring in baked goods due to health and safety concerns but the florida legislature enac

nadya68 [22]

Based on the description above, it is likely what they are promoting is only valid for Florida until only if the president appoints a new person or new chair that will seat in the FDA by which can make the law to change.

5 0

2 years ago