Answer:
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<em>alvin Tucker is in the process of launching an educational services firm. He plans to incorporate the firm. Because the firm will be incorporated, Calvin is legally required to have a </em><em><u>board of </u></em><em><u>directors</u></em>
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<em>The </em><em>role </em><em>of </em><em>Directors</em><em> </em><em>on </em><em>a </em><em>board </em>
<em>representative</em><em> </em><em>of</em><em> the</em><em> </em><em>company's</em><em> </em><em>share</em><em>h</em><em>older </em><em>to </em><em>overs</em><em>ee </em><em>the </em><em>management</em><em> </em><em>of </em><em>the </em><em>company</em><em>.</em>
<em>_</em><em>_</em><em>_</em><em>_</em><em>____</em><em>________</em><em>________</em><em>________</em>
Answer: $744,000
Explanation:
The amount that should be reported in the balance sheet for the patent, net of accumulated amortization, at December 31, 2020 will be:
First, we have to calculate the amortization recorded up to 2019. This will be:
= (1,240,000 / 10) x 2
= 248,000
The we calculate the amortization to be recognized in 2020. This will be:
= (1,240,000 – 248,000) / 4
= 248,000
The amount that should be reported in the balance sheet for the patent, net of accumulated amortization, at December 31, 2020 will be:
= 1240000 - 248000 - 248000
= $744,000
Answer:
The correct answer is letter "C": Involve farming out value chain activities presently performed in-house to outside specialists and strategic allies.
Explanation:
Outsourcing refers to a practice that companies engage in to take their operations abroad to lower production costs and avoid being subject to stiff regulations that might harm their profits. <em>Under this approach, firms value chain activities handled in their original country are taken to countries where the manufacturing and labor costs are much lower with and relatively similar qualified workforce and suppliers.</em>
Outsourcing might harm the employment rate in the domestic country of the company handling operations abroad but could benefit the outsourced nation by introducing job opportunities where there may not even be basic labor conditions.
Explanation:
It is given that in the market there are four equal-sized firms that produce similar products. The market is saturated such that 10% industry-wide price rise would lead to 18% decline in units sold by all firms in the industry. Going further, there is a proposed legislation that imposes a tariff on a key input used by the industry, which on realization would result in the increase in marginal cost by $2.
This means that the market elasticity of demand is:
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