Answer:
b. cultural relativism
Explanation:
Cultural relativism refers to the ideology that what applies to current situation do not necessarily apply to another situation also.
As in the given instance the Shangrilah Sandals make grease payments in their own country as it is a developing country, but do not practice the same in another country called US as it is a developed country.
As the income of people in that country is high they do not believe in taking or accepting grease payments.
Thus, the correct option is:
b. cultural relativism
Answer:
The net income for 2015 is $204
Explanation:
The computation of net income is shown below:
= Beginning stock holder equity of 2015 year + difference in common stock or issue of stock - 2015 dividend - ending stockholder equity of 2015 year
where,
Beginning stock holder equity balance of 2015 year = $2,750
Difference in common stock = 2015 common stock - 2014 common stock
= 650 - 608
= 42
2015 dividend = 646
Ending stockholder equity of 2015 year = 1,942
Now, put the values on the above equation,
So,
Net income = $2,750 + $42 - $646 - $1,942
= $204
Other things are irrelevant. So, it is not be considered in the computation part.
Hence, the net income for 2015 is $204
A worker who has given up on finding a job and is currently unemployed is a discouraged worker, so the answer is D
Answer:
5000
Explanation:
Oakwood Primary Care Clinic is considering a capitation arrangement with a managed care organization in which the clinic would provide services to 1,500 members at $100 per member per month. Variable costs are projected at $200 per clinic visit, and fixed costs for the agreement are $800,000. Breakeven point in volume of clinic visits is 5000.
The MM Theory with taxes implies that firms should issue maximum debt. In practice, this is not true because Bankruptcy is a disadvantage to debt.
The Modigliani-Miller theorem states that a firm's capital structure does not affect its value. The theorem states that market value is determined by the present value of future earnings. This theorem has been influential since it was introduced in the 1950s.
Full market investors can borrow for the same cost as they lend and invest rationally. It is also implied that the process has no transaction costs.
The mm theorem states that a company's capital structure is not a factor in its value. The theorem states that market value is determined by the present value of future earnings. This theorem has been influential since it was introduced in the 1950s.
Learn more about MM Theory here
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