Answer:
Culture of a country can adversely affect the business
Explanation:
The culture of a country affects the costs of doing business in that country in the following ways -
a) In some countries, companies prefer to not work during the afternoon and hence they loose a large segment of business
b) Some countries entertain corruption practices and hence business do not flourish in such countries.
c) The pattern of working of government officials in a country affect the way in which an outsider entrepreneur is affected. The bad practices lower the ease of doing business and hence the business is lost
Answer:
The answer is given below;
Explanation:
Retained Earnings (125,000*2%) Dr.$2,500
Dividend payable Cr.$2,500
Retained Earnings (62,000*.25) Dr.$15,500
Dividend Payable Cr.$15,500
C. Government bond would be the correct answer
