Answer:
The residual would be 4569.
Explanation:
Residual is a difference between the observed value and the estimated value.
123,415 - 118,846 = 4569
Answer:
b. $120,100.
Explanation:
The movements in the Inventories account over a period is as a result of goods manufactured (which results in an increase in the account balance) and goods sold ( which results in a decrease in inventory).
As such,
let the cost of goods sold be F
$30,200 + $114,500 - F = 24,600
$30,200 + $114,500 - 24,600 = F
F = $120,100
The cost of goods sold is $120,100.
The answer would be the option A.
Hope this helps !
Photon
BRCK is an example of a <u>International company . </u>
<u>BRCK began in 2014 and from the start designed its products in a developing country while manufacturing in a developed country. Its corporate headquarters are in Nairobi, Kenya, at a technology center that houses a small group of entrepreneurs. By 2016, the company was selling in 50 countries.</u>
Explanation:
International companies are those companies that sell their products Globally,but when it comes to production they prefer ,to carry out the task in developing countries mainly because the governments in developing countries offer various incentives to international companies like lower taxe rate and less legal regulations, with the intention of encouraging them to to set up factories.
<u>BRCK began in 2014 and from the start designed its products in a developing country while manufacturing in a developed country. Its corporate headquarters are in Nairobi, Kenya, at a technology center that houses a small group of entrepreneurs. By 2016, the company was selling in 50 countries.</u>
<u></u>
<u>Thus BRCK IS AN EXAMPLE OF AN INTERNATIONAL COMPANY</u>
