Because the government is out of money so they decide to take it from others
Answer:
CREATES AN ADVANTAGE FROM ECONOMIES OF SCALE.
Explanation:
A well designed global strategy can help firms to gain competitive advantage. This competitive advantage can be gotten from economies of scale from access to more customers, markets, technology, and resources (efficiency of operations).
Economies of scale simply means that as a company grows and production units increase, a company will have a better chance to decrease its costs.
Competitive advantage is developed largely on a global basis meaning that the world is treated as one market and one source of supply with just local variation. Example is the Pepsi and Coca-Cola that sells in every country.
Therefore, a global strategy CREATES AN ADVANTAGE FROM ECONOMIES OF SCALE.
Answer: Option (A) is correct.
Explanation:
Given that,
Allen's capital is $140,000
Daniel's is $40,000
Income sharing Ratio = 3:1
David paid for a 1/5th stake in the partnership
Allen = $34,000 and Daniel = $10,000
Total amount paid by David = $44,000
Land account is increased before David is admitted
Therefore,
The value of entire entity = 5 × $44,000
= $220,000
Upward valuation on account of land revaluation = $220,000 - $180,000
= $40,000
Answer:
99.035%
Explanation:
Data provided in the question:
CPI in 1979 = 72.6
CPI in 1993 = 144.5
Now,
The percentage by which prices rise during the period 1979-1999 will be calculated as :
= [ (CPI in 1993 - CPI in 1979 ) ÷ CPI in 1979 ] × 100%
or
= [ (144.5 - 72.6 ) ÷ 72.6 ] × 100%
or
= [ 71.9 ÷ 72.6 ] × 100%
or
= 99.035%
The percentage by which prices rise during the period 1979-1999 is 99.035%
True, Finance refers to all activities concerned with obtaining money and using it effectively.
Finance has to do with effective management of money or financial resources of a business,company or organization.
Improper management of a company finance can lead to the company not achieving their aims and objectives or even liquidate.
For effective management of a company finance the accountant or the finance manager will need to have full understanding and knowledge about :
•What it takes to manage finance
•How to manage finance successfully
•How to effectively make use of the money obtained .
Inconclusion True, Finance refers to all activities concerned with obtaining money and using it effectively.
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