Answer:
True
Explanation:
However, they will have to pay company income tax and other taxes in the US.
Also, if they import raw materials into the US from their home country or any other country, they would still be subject to import duties except the US government has a favorable tariff policy that exempts the payment of import duties on certain imported products.
Asides from import duties, there are many other factors to be considered before deciding to set up a company in the international economy. Sometimes, paying the import duties may be cost effective and more efficient for the company than setting up a subsidiary in the US.
Answer:
$97,600
Explanation:
First, we need to get the value for uncollectible in accounts receivable
= 2% Multiplied by balance in accounts receivable as uncollectible
= 2% × 100,000
= $2,000
We will then subtract the balance above which is the uncollectible from the accounts receivable
= $100,000 - $2,000
= $98,000
The net realizable value would the be ;
= $98,000 - $400
= $97,600
Answer:
The correct answer is letter "B": Flexible budgeting.
Explanation:
Cost behavior helps managers to implement different budgeting strategies to maximize revenues. During the operations of a company, costs may vary. However, a company must drive all its efforts to keep its initial strategic plan unchanged keeping its profits goals.
For such a purpose, top executives must know how to handle flexible budgets to shorten certain operations or increase productivity in front of raising costs scenarios or managing a level of surplus (if the costs drop) that does not affect the entity but could offset future shortages.
Answer:
a. Command Economy
Explanation:
In a communist political system, the emphasis is on the general well being of society at large. Public needs and wants are prioritized over individuals' needs. In a communist political system, factors of production are owned by the public through the government.
A command economy is an example of the communist political system. In a command economy, the government makes all the economic decisions. It produces goods and services with public interests as the motive for engaging in economic activities. In command economies, serving the public is prioritized over profits.
Hello!
Debt ratio is liabilities/net worth. So 173/350 debt ratio or 0.494 percent debt ratio. Meaning that almost half their net worth is tied up in debt.
Hope this helps! Thank you!