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3 years ago

Which language is the most common for worldwide trade and business?

Business

2 answers:

Brrunno [24]3 years ago

8 0

I Think English is the most common Language for worldwide trade and business

fenix001 [56]3 years ago

4 0

Answer:

C) English

Explanation:

English is the most common language used in worldwide trade and business, and the US dollar is the most commonly used currency in worldwide trade and business.

Even though Mandarin Chinese is the most spoken language in the world, its influence is not very large outside of southern Asia. English is so commonly used as a universal language between different countries, that the European Union still uses it as its official language even though the UK is leaving them and only Ireland speaks English.

About 60% of the total US dollars are held outside the US and are generally used as a hard currency for trade operations.

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MNCs can use their global presence toa. take advantage of underpriced labor services available in certain developing countries.

denis23 [38]

Answer:

a. take advantage of underpriced labor services available in certain developing countries.

b. gain access to special R&D capabilities residing in advanced foreign counties.

c. boost profit margins and create shareholder value.

d. avoid regulations and lower tax burdern

Explanation:

Multinational corporation is a company that operates locally in its home country and also aborad. It usually maintains a central office that coordinates business activities.

MNCs have various advantages which includes:

- taking advantage of lower priced labour in developing countries, for example some companies take advantage of cheap labour in China to produce their goods.

- when a company operates in an advanced economy it will take advantage of research and development there.

- regulations and tax burdens can be avoided by setting up manufacturing plants in countries with low regulatory policies.

- MNCs boost shareholder profits by taking advantage of their multiple locations to gain more profits.

7 0

3 years ago

Read 2 more answers

Global Commerce Corporation purchased trading debt investments for $136,000 on December 31, 2018. There is a decrease of $3,400

stellarik [79]

Answer:

A. Unrealized Holding Loss - Trading 3,400

Fair Value Adjustment - Trading 3,400

Explanation:

Since this investment is classified as a trading investment, any change in its fair market value must be included in their income statement. The appropriate journal entry should be:

Dr Unrealized loss on trading security 3,400

Cr Debt investments 3,400

This will decrease the carrying value of the debt investments in the balance sheet and the loss will be included in the 2019 income statement. The fair value adjustment account normally has a credit balance since it decreases the carrying value of the investment account.

3 0

3 years ago

Five thousand bonds with a face value of $1000 each, are sold at 110. The entry to record the issuance is

Contact [7]

Answer:

Date, bonds sold at a premium

Dr Cash 5,500,000

Cr Bonds payable 5,000,000

Cr Premium on bonds payable 500,000

Explanation:

The total face value of the bonds is $1,000 x 5,000 bonds = $5,000,000

since the bonds were sold at 110, their price was $5,000,000 x 110% = $5,500,000

the difference between the face value and the actual market price = $5,500,000 - $5,000,000 = $500,000 must be recorded as premium on bonds payable (increases the bonds' carrying value)

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3 years ago

Jasmine Carmichael has been called for jury duty. When Jasmine reports for jury duty, she is sent to a court room with others fo

belka [17]

Answer:

a. Jasmine can be removed for cause.

Explanation:

Voir Dire is the questioning phase of jury selection in which the attorneys of both sides ask questions to see if the jury members are qualified.

When someone is removed for cause it means that the attorney thinks that the jury member can't be impartial based on bias or conflict.

In this case Jasmine can't be impartial because of her past relationship with the prosecutor.

5 0

3 years ago

If a frozen pizza plant is the cost object, classify each of the following costs as direct or indirect, respectively: property i

emmainna [20.7K]

Answer:

Indirect

Direct

Iindirect

Explanation:

Direct cost is the cost that can be traced back to the cost object whereas the indirect cost cannot be traced back. Cost object is something to which the costs are assigned. in this case the cafeteria workers are directly working with the cost object:Frozen pizza plant, hence the cost is directly associated with that. Janitorial supplies and property insurance cost does not directly relate to The cost object given here so it will be classified as indirect cost.

3 0

3 years ago