Answer:
$6,734
Explanation:
On December 31, there were 46 units remaining in ending inventory.
These 46 units consisted of
6 from January x $123 = 738
8 from February x $133 = 1064
10 from May x $143 = 1430
8 from September x $153 = 1224
14 from November x $163 = 2282
Using the specific identification method, the cost of the ending inventory is: 734 + 1064 + 1430 + 1224 + 2282 = $6734
Answer:
Option A. $7000
Explanation:
The reason is that in the statement of cash flow, the interest expense for the year paid is an cash ouflow and must be deducted from the operating activities as it the companies borrow to finance its operations to perform better. Hence it is related to operating activities, so it must be deducted from the operating activities.
The interest paid at the end of the year is $7000 ($100,000 * 7%).
Answer:
trends, the buyers personality, and other peoples influence
Explanation:
A multidomestic strategy is the most appropriate strategy for international operations because it drives economies of scale as far as possible and provides a middle-of-the-road product that appeals to the smallest number of consumers in every market.
True / False
Answer: False
Explanation:
Middle of the road products are products which may only be returned unopened. Many are therefore with no warranty.
Economies of Scale- An economics term that describes a competitive advantage that large entities have over smaller entities. Here we observe that there are cost reductions of products because the company increased its production.
Competition of products and services in the international environment may require one or more of these four basic strategies to enter and thrive; (1) global standardization strategy, (2) localization strategy, (3) transnational strategy, and (4) international strategy.
Each of these strategies has pluses and minuses.
The question above follows under localization strategy — multidomestic strategy .
In a multidomestic strategy - we see a firm whose strategic features aims to maximise benefits of meeting local market needs through extensive customisation of its products and services to the local market. Decision-making style of this strategy is decentralised such that demands of products and feedback are exclusively theirs and thus local businesses are treated as separate businesses. Strategies for each country probably are not mutually exclusive. Example of companies with this strategy include ms NESTLE, MTV etc.
Multidomestic strategy forces a firm to emphasis on differentiating its product and service offerings to adapt to the surrounding local markets.
Multidomestic strategy thus isn't the most appropriate strategy for to drive International operations.
Answer:
Explanation:
Account: Cash Account Dollar amount: $70,000
Account: Paid-in capital Dollar amount: $70,000
The amount is shown below:
= Deposit amount × number of classmates + purchase of stock
= $20,000 × 3 + $10,000
= $60,000 + $10,000
= $70,000
Only this two account is required i.e cash account and the paid-in capital account
