All categories

3 years ago

_____ refers to the growth and spread of investment, trade, production, communication, and new technology around the world.

Business

1 answer:

Oliga [24]3 years ago

8 0

Answer:

Globalisation

Explanation:

Globalisation occurs when there is integration and interrelation between companies, governments, and people accross the globe. It is referred to as a capitalistic expansion where local individuals and businesses integrate into a global unregulated market.

Advanced in communication and transportation has also facilitated globalisation by easing flow of information and goods across different parties across the world.

Globalisation tends to result in spread of investment, trade, production, communication, and new technology around the world.

You might be interested in

In most of the 1970s, the fed's policy created expectations of high inflation. true false

Aleksandr-060686 [28]

I actually think this answer it's true

3 0

2 years ago

When Gene started his window-washing business, he wanted to keep things simple. He liked the idea of being his own boss and the

nika2105 [10]

Answer:

Self-employment is the state of working for oneself rather than an employer. Self-employed people generally find their own work rather than being provided with work by an employer, earning income from a trade or business that they operate.

Explanation:

6 0

3 years ago

On January 1, 2021, Bishop Company issued 6% bonds dated January 1, 2021, with a face amount of $33 million. The bonds mature in

Allisa [31]

Answer:

a. Determine the price of the bonds at January 1, 2021.

market price:

PV of face value = $33,000,000 / 1.04²⁰ = $15,060,769

PV of coupon payments = $990,000 x 13.590 (PV annuity factor, 4%, 20 periods) = $13,454,100

market price = $28,514,869

b. Prepare the journal entry to record the bond issuance by Bishop on January 1, 2021.

Dr Cash 28,514,869

Dr Discount on bonds payable 4,485,131

Cr Bonds payable 33,000,000

c. Prepare the journal entry to record interest on June 30, 2021, using the effective interest method.

amortization of bond discount = ($28,514,869 x 4%) - $990,000 = $150,595

Dr Interest expense 1,140,595

Cr Cash 990,000

Cr Discount on bonds payable 150,595

d. Prepare the journal entry to record interest on December 31, 2021, using the effective interest method.

amortization of bond discount = ($28,665,464 x 4%) - $990,000 = $156,619

Dr Interest expense 1,146,619

Cr Cash 990,000

Cr Discount on bonds payable 156,619

4 0

3 years ago

Which of the following is not true of both firms in monopolistic competition and firms in perfect competition? A. Both types of

ivanzaharov [21]

Answer:

A. Both types of firms produce at minimum ATC.

Explanation:

A monopolistic competition is when there are many buyers and sellers of differentiated goods and services.

A monopolistic competition is characterised by little or no barriers to entry or exit of firms. In the short run, if a firm is earning economic profit, in the long run, firms enter into the industry and drive economic profit to zero. Also, if the short run, firms are earning economic loss, in the long run, firms would leave the industry and economic profit would be zero.

A monopolistic competition doesn't produce at minimum ATC and as a result it operates with excess capacity.

A perfect competition is characterised by many buyers and sellers of homogenous goods and services.

There are no barriers to entry or exit of firms into the industry. So firms make zero economic profit in the long run.

It produces at minimum atc and where Mr equals mc.

I hope my answer helps you

7 0

3 years ago

Blossom Corporation, a manufacturer of ethnic foods, contracted in 2020 to purchase 470 pounds of a spice mixture at $2.35 per p

Sveta_85 [38]

Answer:

No gain or loss.

Explanation:

Given:

Amount of spice mixture = 470 pound

Current price = $2.35 per pound

Future price = $2.73 per pound

Computation:

We know that, Future price of spice mixture is higher than current price of spices.

But contract price is fixed at $2.35.

Therefore, no gain or loss will be recognized.

7 0

3 years ago

Read 2 more answers