Answer: "market segmentation" .
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Major benefits of business in the local economy include a boost in employment and discretionary income in the community, tax income increases for local governments and a loyal customer base for businesses.
Low-income countries have cultures that value economic survival. These type of countries do not have a lot of high paying jobs and the job market is very unstable, so citizens find it imperative to have enough income to survive. These types of countries do not have much in the way of entertainment culture or pop culture, due to people having so little extra money to spend on both.
Answer:
B. assist in the comparison of companies of different sizes.
Explanation:
In the common-size income statements, the items of the income statement are shown in the percentage of the sales. The motive of this statement is to compare the financial statements of the same company for different periods or comparing it by different size companies.
By comparison, the company gets to know about the liquidity, solvency, financial position, performance, profitability over the past years.
Answer:
Option D. $10,000 is the correct answer.
Explanation:
Journal Entry for pension expenses:
Pension Expense $10,000
Cash $10,000
(To record pension expenses)
Pension expenses for the year ended is comprised of the following components of pension cost.
Service Cost $14,000
Interest cost $6,000
Expected return on plan assets $10,000
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Pension expenses $10,000
