Answer:
The right answer is option A
Explanation:
Transnational strategy can be defined as an action taken by companies to have operations in more than one country. The companies that adopts this kind of strategy usually have a central structure for the directing and coordination of the company affairs in a particular location but essentially have their operations where it is cost effective i.e. where they get maximum value for their money. The essence of transnational strategy might be to increase sales through expansion, production at a lower cost or exploiting economies of scale.
<u>Answer</u>:
C) a watermelon, a chair, and a pencil is a list of private goods only.
<u>Explanation</u>:
In Economics, private goods are goods that need to be purchased for consumption, and if an individual is consuming it, then the other individuals cannot consume it. These goods are also considered as excludable which means that if a user has bought it, he/she can prohibit its use from the public through ownership rights. The owner could be an individual or a group of individuals.
By applying the above definition, it is clear that C is the only alternative that consists of private goods only, that is, A watermelon, a chair, and a pencil.
Answer:
Closing work in progress using FIFO is $1,282.
Explanation:
Working are attached:
Answer:
b) $500 is recognized in year 1 and $8,500 in year 2.
Explanation:
Calculation to determine When must Colbert recognize the income if his accounting methods are selected to minimize income recognition?
Calculation for amount recognized in year 1
Payment in year 1= $9,000 ÷ 18 months
Payment in year 1= $500
Therefore Based on the above calculation the amount recognized in year 1 will be $500
Calculation for the amount recognized in year 2
Payment in year 2 = $9,000 - $500
Payment in year 2= $8,500
Therefore The amount recognized in year 2 will be $8,500
I believe the answer is A, which is critical personnel
