An international business is any firm that engages in cross-border trade or investment.
What is cross-border?
A cross border trade or investment is a trade or investment involving two or more countries where the parent company based in one country establishes another business in another country.
International businesses which are also known as the multinational companies transcends beyond one country since diversification of investments and trade is key to enhancing overall business performance
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Answer:
c. is violating both principles of moral reasoning
Explanation:
The argument is deductive invalid as beased on their first sentence that hte government is too big it should accept proportional cuts in all areas of the government including, medicare.
Also, as it being inconsistent as one sentence is in conflit with the other. spending in welfare will make the gervernment weight in the economy to increase or stay the same but, this person claims it needs to decrease.
Construction expenditures should be debited when <u>D. The bill is approved for payment.</u>
<u>Explanation:</u>
In the above scenario, Acme Construction Co. submitted bill amount of $1,200,000 on a construction contract. The payment of the bill was approved on May 2. According to the contract, 10% was subject to retention.
This construction expenditure is debited when the bill is approved for payment. Contract includes all the details regarding payment and terms and conditions between the companies or parties.
Once the bill submitted by company is approved, then the retention amount will be automatically debited.
Answer:
Interest expense $80
Explanation:
the journal entry to record the issuance of the note:
December 1, 202x, note issued in replacement of account payable
Dr Accounts payable 24,000
Cr Notes payable 24,000
the journal entry to record accrued interests payable is:
December 31, 202x, accrued interests payable
Dr Interest expense 80
Cr Interests payable 80
Interest expense = $24,000 x 4% x 1/12 = $80
