Answer:
net income of the investee is not considered earned by the investor until dividends are declared by the investee
Explanation:
Cost method can be regarded as
a method that is utilized when the influence of the investor over the investment that which he owns is just little or no influence , this could be typically described as owning less than 20% of the company. The investment will be recorded in the asset section of the balance sheet at historical cost. When an investment is made by an investing entity and the investment is having following two criteria, then the investment can be accounted for by the investor using the cost method.
Those criteria are;
1) There is no substantial influence by the investor over the investee.
2)There is no easily determinable fair value for the investment.
This cost method is best method when making a passive as well as long-term investment which doesn't result to influence over the company.
It should be noted that If the cost method is used to account for a long-term investment in common stock, then net income of the investee is not considered earned by the investor until dividends are declared by the investee
The pencils would be considered a Business.
What is a Business?
An organisation or enterprising entity engaging in commercial, industrial, or professional activity is referred to as a business. Businesses can be for-profit corporations or charitable institutions. Limited liability firms, sole proprietorships, corporations, and partnerships are among the several types of businesses.
A business is defined as a profession or trade that involves buying and selling goods and services with the intention of making a profit. Farming is a prime example of a business. A home sale is an illustration of commerce.
Different Business Structures
- Sole proprietorship. A sole proprietorship is the most common type of business structure.
- Limited liability company.
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<u>Solution and Explanation:</u>
<u>Hofstede's four dimensions are </u>
1)Power distance -It is the degree of inequality among the people of the country.
2)Individualism Vs Collectivism- This is the degree which shows how much people are willing to work as individuals and not as members of groups.
3)Uncertainty avoidance- This is the degree which shows how much people prefer structured and not unstructured situations.
4)Masculinity Vs Feminity-This shows the degree of existence of tough values like competition, success, assertiveness, performance over tender values like warm personal relation,taking care of weak,unity,quality of life etc.
It is necessary for managers to understand cultural differences because managers need to understand their employees better so that they can motivate and lead the employees.Due to cultural differences what managers take as granted may be different in different countries.Good example is Wal- mart's expansion in Mexico.Wal mart constructed large parking lot for the customers which surrounded the stand alone building.
This posed problem because many of the customers travelled by public buses to the store. So they had to walk a long way through parking lot. The culture in Mexico is different from US and people travelled by public transport.Later Wal mart had shuttle buses to carry people to and fro from the store.Cultural differences also mean deeply felt values ,customs which are not always easy to identify.
Answer:
We estimate the material is bronze, which has a modulus E=120 GPa.
Explanation:
With the dimensions of the rod, the force applied and the maximum elongation, we can estimate E, the Young's modulus, which is a property of the material.
The Young's modulus measures the stiffness of a solid material, relating the force applied per unit of area and the elongation per unit of length.
Note: lb-force per square inch is equal to psi.
To estimate which material is, we have to look in a Young's modulus list of materials to look for one that has a E near 20.6 Mpsi (or 142 GPa).
The closest material is bronze, which has a modulus E=120 GPa.
Answer: Product Advertisements
Explanation: Product Advertisement is the advertisement of a product using its brand name, features and all its benefits when advertising such products.
Product advertisement focuses on the particular product being advertised. The products features, benefit and brand name are all featured in the advert.
This is to create an awareness for the product being advertised.