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3 years ago

A purely domestic firm sources its products, sells its products, and raises its funds domestically

Business

1 answer:

Yanka [14]3 years ago

3 0

Answer:

The correct answer is option D.

Explanation:

A purely domestic firm can face competition from an MNC. An MNC has the advantage of more than one sources of inputs and more than one product market. But the domestic firm also possesses an advantage of having a thorough knowledge of the local market as they have operated there unlike MNCs.

The domestic even though operating in the domestic territories may still face foreign exchange risk. This is because their competitors may be operating internationally.

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Streep Factory provides a 2-year warranty with one of its products which was first sold in 2017. Streep sold $1,000,000 of produ

Brut [27]

Answer:

accounts receivable 1,000,000 debit

sales revenues 1,000,000 credit

------------------------------

warrant expense 125,000 debit

warrant liability 125,000 credit

-----------------------------

warranty liability 70,000 debit

Inventory 70,000 credit

Explanation:

The sales will be recorded as usual

Then we will recognize based on the company's expectation a warrant liability for 125,000 and a warrant expense for the same value

When the customer claims the warrant we will decrease the liaibility and also inventory as we are replacing the good so it is inventory account which decreases.

The reason why we do this treatment is to avoid charging expenses for the 2017 sales i nthe subsequent period (2019 and 2019) which vilates the matching principles.

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3 years ago

Builder's Outlet just hired a new chief financial officer. To get a feel for the company, she wants to compare the firm's sales

mote1985 [20]

Answer:

The correct answer is letter "C": Common- size income statement.

Explanation:

A Common Size Income Statement is expressed as a percentage of net sales for each company's account. Common Size Income Statements are simple tools that a business owner or a high-rank executive can use to compare the company's finances over different periods, with competitors or industry averages.

8 0

3 years ago

You are working as a correctional officer. Your boss pulls you aside and discusses with you how you handled a situation with an

DedPeter [7]

Your boss is providing very helpful type of criticism, and gives you some of the suggestions on how to improve next time.

Constructive Criticism is the answer/

3 0

3 years ago

A couple will retire in 50 years; they plan to spend about $22,000 a year in retirement, which should last about 25 years. They

Serga [27]

Answer:

Annual deposit= $2,803.09

Explanation:

<u>First, we need to calculate the monetary value at retirement:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual payment

FV= {22,000*[(1.08^25) - 1]} / 0.08

FV= $1,608,330.68

Now, the annual deposit required to reach $1,608,330.68:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (1,608,330.68*0.08) / [(1.08^50) - 1]

A= $2,803.09

3 0

2 years ago

Based on your understanding of P/E ratios, in which of the following situations would the average trailing P/E ratio (current pr

bija089 [108]

Answer:

The outlook for the economy and the markets is for an improvement.

Explanation:

p/e ratio = price / earning

the higher the equity, the lower the ratio

If the p/e ratio is expected to be higher, it means that the equity would have to be lower this year than next year .

this implies that earnings would be higher next year and p/e ratio would be lower. this means there is a positive economic outlook

8 0

3 years ago