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Soloha48 [4]
3 years ago
14

A cause can have many final manifestations. this is referred to as

Business
1 answer:
VLD [36.1K]3 years ago
5 0
The manifestations of cause are referred to as the effects
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The Latimore Company invested $8.5 million in a new plant in Italy when the exchange rate was 1.1500 euros to the dollar. At the
Maurinko [17]

Answer:

Latinmore made money on the exchange rate movement. It was an exchange rate gain of $369,566. The marginal tax impact was $147,826.

Explanation:

Since the standard practice in accounting is to reflect the current situation of the company, any change in the exchange rate that affects the assets of the company abroad must be recognized. The financial income of exchange gains are registered in the Income Statement and affects the base to pay income tax.

3 0
3 years ago
On January 1, 2016, Hess Co. purchased a patent for $1,904,000. The patent is being amortized over its remaining legal life of 1
levacccp [35]

Answer:

$1,305,600

Explanation:

Date of acquisition = Jan, 1 2016

Cost of purchase = $1,904,000

Initial useful life - 15 years

Initial amortization - 1904000/14

= $126,933

Date of review of amortization policy -2019

Accumulated amortization before 2019 -126,933.33*3=380800

Remaining useful years at December 2019 7

Amortization in 2019 =1904000-380800/7 =217,600

Carrying value at December 2019 = 1904000 - (380800 +217600) =1305600 Please note that change in amortization policy can only be applied progressively and not retrospectively

3 0
3 years ago
A structure that organizes worldwide operations primarily based on function and secondarily on product is called: a global area
Tatiana [17]

Answer:

a global functional division.

Explanation:

In a global functional structure, the MNC activities are to be organized among the particular functions that are related to the production, finance, marketing etc. Here the developments are establishment that would have the responsibility worldwide for the particular function

So as per the given situation, the above should be the answer

8 0
2 years ago
Bonita Industries prepared a fixed budget of 75000 direct labor hours, with estimated overhead costs of $375000 for variable ove
Zinaida [17]

Answer: $425,000

Explanation: The total overhead cost can be computed suing following formula :-

total overhead cost = fixed overhead cost + variable overhead cost

where,

fixed overhead cost = $90,000

variable\:overhead\:cost=\frac{\$375,000}{75,000\:hours}\times 67,000\:hours

=$335,000

so,putting the values into equation we get :-

total overhead cost = $90,000 + $335,000

                                 = $425,000

6 0
3 years ago
You started a new job working 4 days a week. During a work day you can complete 3 tasks per hour. You also take a half hour for
aleksandr82 [10.1K]
21 tasks, if you use your lunch break and your 2 15 minute breaks
4 0
2 years ago
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