1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
melomori [17]
3 years ago
14

A multinational enterprise (MNE) is defined as a firm that: exports more than it imports. sells in many markets around the globe

. operates and controls production or distribution facilities in more than one country. All of the preceding answers are correct.
Business
1 answer:
meriva3 years ago
7 0

A multinational enterprise (MNE) is defined as a firm that operates and controls production or distribution facilities in more than one country.

<u>Explanation:</u>

According to Franklin Root MNE is a company that,

  • engages in foreign manufacturing or production via its other branches located in several other countries.
  • handles direct control over the policies of its own affiliates
  • implements various strategies in marketing, manufacturing, staffing and finance that transcend the national boundaries.

In some cases, the ownership of the MNEs are dispersed internationally and these corporations are known as transnational corporations (managed generally from global perspective).

You might be interested in
Problem 10A specialty coffeehouse sells Colombian coffee at a fairly steady rate of 280 pounds annually. The beans are purchased
SOVA2 [1]

Answer:

The computations are shown below:

Explanation:

a. The computation of the economic order quantity is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

= \sqrt{\frac{2\times \text{280}\times \text{\$45}}{\text{\$0.48}}}

= 229 units

The carrying cost is come from

= $2.40 × 20%

b. Time between placement of orders is

= Economic order quantity ÷Annual demand

= 229 ÷ 280

= 0.8179 years

So,

= 0.8179 × 365 days

= 298.53 days

We assume 365 days in a year

c. The average annual cost of ordering cost and carrying cost equals to

= Holding cost + ordering cost

= (Economic order quantity ÷ 2 × Holding cost)  + (Annual demand ÷ Economic order quantity × ordering cost)

= (229 units ÷ 2 × $0.48) + (280 ÷ 229 units × $45)

= $54.96 + $55.02

= $109.98

d)   Now the reorder level is

= Demand × lead time + safety stock

where, Demand equal to

= Expected demand ÷ total number of weeks in a year

= 280 pounds ÷ 52 weeks

= 5.38461

So, the reorder point would be  

=  5.38461 × 3 + $0

= 16.15 pounds

7 0
3 years ago
The basis of accounting used by not-for-profit organizations in their external financial reports is
beks73 [17]

Answer:

The correct answer here is A) industry specific basis of accounting.

Explanation:

The term nonprofit accounting means a unique way of recording and reporting the business transactions which are taken up by the nonprofit organizations. There are various basis of accounting, which a non for profit organization can use like cash basis ( where income and expenses are recognized when they occurred  , and this type of accounting is more suitable for smaller nonprofits organizations ) , accrual basis ( where income and expenses are recorded when they are earned not received ) , modified cash basis ( is a mixture of both cash and accrual basis of accounting ). But when a not for profit organization is preparing their external financial report, the basis of accounting would be industry specific.

3 0
3 years ago
when addressing an envelope for delivery in the united states or canada, the zip code should appear where
Kazeer [188]
The zip code is placed after the state in which the recipient lives.
5 0
3 years ago
Hayword, Inc. uses weighted-average costing and has two departments and has provided data related to its mixing department for t
uranmaximum [27]

Answer:

Hayword, Inc.

Cost Reconciliation Report

Costs to be accounted for:

Cost in the beginning inventory        $17,250

Units started during the period        737,320

Total cost of production                 $754,570

Costs accounted for:

Units transferred out                    $735,680

Ending inventory                              $18,882

Total assigned costs                  $$754,562

Difference due to approximations = $8

Explanation:

a) Data and Calculations:

Work in process, July 1:

Units in process = 300

Percent completed with respect to materials = 60%

Percent completed with respect to conversion = 40%

Cost in the beginning inventory:

Materials cost = $10,500

Conversion cost = $6,750

Units started during the period = 6,200

Costs added during the period:

Material costs = $330,912

Conversion costs = $406,408

Work in process, July 31 = 450 units

Percent completed with respect to materials =  40%

Percent completed with respect to conversion 30%

                                                       Units

Beginning inventory                       300

Units started during the period  6,200          

Total units under production      6,500

Ending inventory                            450

Units transferred out                  6,050

Cost of production:

                                                      Materials cost   Conversion cost   Total

Cost in the beginning inventory       $10,500               $6,750       $17,250

Units started during the period         330,912             406,408      737,320

Total cost of production                   $341,412             $413,158   $754,570

Equivalent Units:

                                                       Units   Materials         Conversion

Units transferred out                  6,050    6,050 (100%)   6,050 (100%)

Ending inventory                            450        180 (40%)         135 (30%)

Total equivalent units of production       6,230                6,185

Cost per equivalent unit:

                                                     Materials         Conversion

Total cost of production              $341,412             $413,158

Total equivalent units                      6,230                   6,185

Cost per equivalent unit               $54.80                $66.80

Cost assigned to:

                                                     Materials         Conversion         Total

Units transferred out                  $331,540           $404,140       $735,680

                                        (6,050 * $54.80)  (6,050 * $66.80)

Ending inventory                              9,864                  9,018          $18,882

                                           (180 * $54.80)     (135 * $66.80)

Total assigned costs                  $341,404            $413,158       $754,562

7 0
3 years ago
Department A had no Work-in-Process at the beginning of the period, 1,400 units were completed during the period, 400 units were
OLEGan [10]

Answer:

The total cost of the departmental Work-in-Process Inventory at the end of the period = $ 8200

Explanation:

                                  Units           % of                             EUP

                                                   Completion         D.Materials    Conversion

                                                                                                         Costs

                         No Of Units

Completed            1400              100                1400                  1400

<u>Units In Process      400               50%               400                    200  </u>

<u>Total                       1800                                   1800                     1600</u>

Ending Inventory Valuation

Working:

Direct Materials = $( 25,200/ 1800 )*400= $5600

Conversion Costs= ($ 20800/1600)*200= $2600

Total Ending Inventory Costs= $5600+$2600= $ 8200

Direct materials (1,800 at $14.00) $25,200

Direct labor 12,480

Factory overhead 8,320

Total Manufacturing Costs    $ 46000

4 0
3 years ago
Other questions:
  • A company has net credit sales of $950,000 for the year and it estimates that uncollectible accounts will be 2% of sales. If All
    9·1 answer
  • 12. These individuals coordinate and analyze an organization’s supply chain. It is necessary to build relationships with supplie
    13·1 answer
  • On May 1, 20Y6, Dean Company purchased $200,000 of Horton Company's 12% bonds at 100 plus accrued interest of $8,000. On June 30
    11·1 answer
  • Shawna would like to explore a career that would allow her to work outdoors with natural resources. Which two careers would be t
    9·1 answer
  • Which is true of​ output-choice models of oligopoly​ behavior?
    12·1 answer
  • By using vertical integration, Starbucks' main motive in introducing bakery products is to increase its:
    13·1 answer
  • Suppose a firm has an annual expenses of $170,000 in wages and salaries, $75,000 in materials, $60,000 in rental expense, and $5
    6·1 answer
  • Using a computerized Inventory Management System, a Paint Supply Store franchise continuously monitors the inventory of all the
    15·1 answer
  • John has two hours before having to go to his part-time job. He is deciding between studying for a math exam and taking a nap. I
    10·1 answer
  • which channel is typically used for short, one-to-one or one-to-many messages and is ideal for quick announcements and confirmat
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!