Answer:
Dumping
Explanation:
This term is used in international trading where a company or country exports a large product at a price lower in the foreign importing market than the price in the exports domestic market and this action usually endangers the economic viability of local product manufacturer in the importing nation.
Answer:
The correct answer is a. Small firms produce two-and-a-half times as many innovations as large firms relative to the number of persons employed.
Explanation:
SMEs have enormous advantages in terms of innovation compared to large companies because their size gives them dynamism, greater internal flexibility and responsiveness to changing circumstances.
However, some barriers they encounter are the difficulty of financing, the lack of specialists or the lack of resources.
Answer:
$180,000
Explanation:
A sunk cost refers to the cost that is incurred by the businesses but this cost cannot be recovered by the businesses.
Here, given that
Cost of equipment = $600,000
Accumulated depreciation = $420,000
Cost of new machine = $790,000
In this situation, the sunk cost is determined by subtracting the cost that are related to previous year from the cost of the equipment.
Sunk cost = Cost of equipment - Accumulated depreciation
= $600,000 - $420,000
= $180,000
Answer:
Autonomous Vehicles (AV)
Connectivity
Electrification
Shared Mobility
Artificial Intelligence (AI)
Big Data & Data Analytics
Human-Machine Interface
Blockchain
Explanation:
Answer:
See answer below
Explanation:
Journal entry will be as follows.
Debit Cash Account $60,000
Credit Payables/Service Prepayment Account $60,000.
As service is being rendered on a monthly basis (monthly income = 
), the company will make the following journal entry.
Debit Payables/Service Prepayment Account $10,000
Credit Revenue $10,000.
