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3 years ago

Which result is a positive aspect of globalization

Business

2 answers:

xxTIMURxx [149]3 years ago

8 0

More efficent markets

oee [108]3 years ago

7 0

Increase profitability
Increase markets share and use globalisation to reach an increased number of customers and be competitive with the offshoring businesses.

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Lopez Corporation incurred the following costs while manufacturing its product Materials used in product Depreciation on plant P

kirill [66]

Answer:

The missing data of this question is reproduced as follows;

Materials Used 128,900

Depreciation on plant 63,400

Property taxes on store 8,280

Labor cost of assembly workers 114,800

Factory supplies used 32,100

Advertising expense 55,800

Property taxes on plant 23,100

Delivery expense 24,800

Sales commission 43,600

Salaries paid to sales clerk; 60,400

Explanation:

Cost of Goods Manufactured

Materials Used 128,900

Depreciation on plant 63,400

Property taxes on plant 23,100

Labor cost of assembly workers 114,800

Factory supplies used 32,100

WIP Beginning 14,200

Less;WIP closing (16,900)

Cost of Goods Manufactured 359,600

Cost of Goods Sold

Opening Finished Goods 63,300

Cost of goods manufactured 359,600

Less; Closing Fininsed goods (48,200)

Cost of Goods Sold 374,700

5 0

3 years ago

Which of the following is a characteristic of a monopolistically competitive market? I. Each firm is a price-taker. II. Firms se

dangina [55]

Answer:

The correct answer is option II and III only.

Explanation:

Monopolistic competition is a market structure where there is a large number of buyers and sellers. The sellers in this market sell differentiated products which are close substitutes.

There is a very low restriction on the entry of new firms in the market. Because of differentiated products each firm has some degree of market power. The firms face a downward-sloping demand curve. This means that the firms decide the price level.

Though the firms enjoy zero economic profits in the long run.

3 0

3 years ago

Business messages typically follow either a direct strategy or an indirect strategy. The direct strategy, or frontloading, place

UkoKoshka [18]

Answer:

The statement is: True.

Explanation:

In Business writing, there are two methods of composing a message. The direct strategy starts by providing the purpose of the message at the beginning and adds supporting details in the body. The indirect strategy starts by providing supporting details to attract the audience and ends giving the main idea of the speech.

6 0

3 years ago

Which of the following statements about the relationship between interest rates and bond prices is true? I) There is an inverse

BaLLatris [955]

Answer: A. I and IV only

Explanation:

The relationship between bond prices and interest is an inverse one. This is because bonds have fixed rates so when for instance interest rates increase, the fixed rate of bonds will become less attractive as people would want to make the higher interest. They will therefore demand less of bonds and the prices will drop. The reverse is true.

Also, long term bonds are more affected by interest rate changes then short term bonds. This is because, as they have a longer term till maturity, they will be even less attractive when interest rates rise.

7 0

3 years ago

On October 10, the stockholders’ equity of Sherman Systems appears as follows. Common stock–$10 par value, 77,000 shares authori

Vikki [24]

Answer:

See the explanation below:

Explanation:

1. Prepare journal entries to record the following transactions for Sherman Systems

a. Purchased 5,500 shares of its own common stock at $30 per share on October 11.

Details Dr ($) Cr ($) 

Treasury Stock (5,500 × 30) 165,000

Cash 165,000

To record the repurchase of own common stock

b. Sold 1,125 treasury shares on November 1 for $36 cash per share.

Details Dr ($) Cr ($)

Cash (1,125 × 36) 40,500

Treasury Stock (1,125 × 30) 33,750

Paid-in Capital from Sale of Treasury Stock 6,750

To record the sale of treasury stock.

c. Sold all remaining treasury shares on November 25 for $25 cash per share.

Details Dr ($) Cr ($) 

Cash (4,375 × 25) 109,375

Paid-in Capital from Sale of Treasury Stock 6,750

Retained Earnings 15,125

Treasury Stock 99,000 (4,375 × 30) 131,250

To record the sale of the remaining treasury shares

Kindly note that there is a balance of $6,750 in the Treasury Stock Paid-in Capital account. Since it is utilized, the remaining deficit will show in Retained Earnings.

2. Prepare the stockholders' equity section after the October 11 treasury stock purchase.

Details $

77,000 issued authorized common stock–$10 par value 770,000

Paid-in capital in excess of par value, common stock 241,000

Retained earnings 904,000

Treasury stock (165,000)

Total stockholders’ equity 1,750,000

3 0

4 years ago