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lions [1.4K]
3 years ago
10

3. Why would the sale of counterfeit products through its sites be damaging to Alibaba?

Business
2 answers:
Igoryamba3 years ago
8 0

The correct answer to this open question is the following.

The sale of counterfeit products through its sites can be damaging to Alibaba because it directly affects its name and reputation.

Alibaba is the largest online site to buy products. We could say it is the competitor of Amazon. Alibaba sells millions of dollars yearly. So its customers would get a negative impression if they realized that some products sold in the Alibaba platform are counterfeited. Its image could be affected negatively and the company would have to spend a lot of money on marketing and public relations campaigns to overturn the bad perception.

timurjin [86]3 years ago
3 0

Reputation.

If a company has a bad reputation of allowing the sale of counterfeit goods, buyers will not trust the site and will not buy from it.

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Giorgio Italian Market bought $11,000 worth of merchandise from Food Suppliers and signed a 45-day, 8% promissory note for the $
Masja [62]

Answer:

                                                Dr.          Cr.

Purchases / Inventory         $11,000

Promissory Note Payable                  $11,000

Explanation:

Promissory note is a signed document which contains a written promise for payment of stated amount to specific person or bond holder on demand or specified date.

In this case the purchases are made and a promissory note of $11,000 is signed for 45 days at 8% annual rate.

This entry will be recorded as the purchases or Inventory are debited and as promissory note is a short term liability so, promissory note payable is credited resulting increase in inventory as well increase in current liability.

5 0
3 years ago
What is the Investment in Mopsy Co. balance as of December 31, 2020, if the equity method has been applied
jeka57 [31]

Answer:

$1,609,000

Explanation:

Calculation to determine the Investment in Mopsy Co. balance as of December 31, 2020, if the equity method has been applied

First step is to calculate the Unrecorded Patents Amortization

Unrecorded Patents Amortization

=$1,400,000-[($6,400,000 - $3,000,000)×30%] /10 years

Unrecorded Patents Amortization

=$1,400,000- ($3,400,000 × 30%)/10 years

Unrecorded Patents Amortization

=$1,400,000 - $1,020,000/10 years

Unrecorded Patents Amortization = $380,000 / 10 years

Unrecorded Patents Amortization= $38,000

Now let determine the Investment

Investment=$1,400,000 + $180,000 + $225,000 - $60,000 - $60,000 - $38,000 - $38,000

Investment= $1,609,000

Therefore the Investment in Mopsy Co. balance as of December 31, 2020, if the equity method has been applied is $1,609,000

8 0
3 years ago
A 22-year-old college graduate just got a job in Nashville. She is considering buying a house with a $200,000 mortgage. The APR
Sloan [31]

Answer:

$16,394.26

Explanation:

using a loan calculator we can determine the amount of interest paid in both loans:

<u>loan 1</u>                                                 <u>loan 2</u>

n = 30 years                                      n = 30 years

principal = $200,000                       principal = $200,000

APR = 4%                                          APR = 3.6%

monthly payment = $954.83          monthly payment = $909.29

total interest paid = $143,739.01    total interest paid = $127,344.65

the difference in total interest paid between both loans = $143,739.01 - $127,344.65  = $16,394.26

the difference in monthly payment between both loans = $954.83 - $909.29  = $45.54

8 0
3 years ago
A wrapping paper company produced 20,000 rolls of paper one day. Standard price is $2 per roll. Labor cost was $240, material co
Vinvika [58]

Based on the various costs of producing the rolls of paper, the multifactor productivity is c. 58.394.

<h3>What is the Multifactor Productivity?</h3>

This can be found by the formula:
= Cost of standard production / (Labor + Material + Overhead costs)

Solving gives:

= (20,000 x 2 per roll) / ( 240 + 25 + 420)

= 58.894 rolls

In conclusion, option C is correct.

Find out more on multifactor productivity at brainly.com/question/17550779.

7 0
2 years ago
Andy and Marjorie have very little will power when it comes to spending. They want to put their savings in an instrument that ca
aliya0001 [1]

Answer:

Money market mutual fund

Explanation:

Money market mutual fund is a fund that usually invest in short term securities, for example treasury bills.

Members are paid dividends at predetermined intervals. They provide a stable savings option.

This will be a perfect way for Andy and Marjorie to save their money, and they will not have access to it via their ATM card.

3 0
3 years ago
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