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Eva8 [605]
3 years ago
13

Individuals in high-context cultures prefer direct verbal interaction, value individualism, rely on logic, say "No" directly, an

d give authority to written information. True or false?
Business
1 answer:
Flauer [41]3 years ago
4 0

Answer:

False.

Explanation:

Individuals in high-context cultures do not show the above mentioned traits. High-context cultures requires elegance and sophisticated attitude and behavior and not much of the direct interaction in an unnecessary conversation. Rather, these traits of direct verbal interaction, value individualism, relying on logic, saying "NO" directly, and giving authority to written information are traits of low-context cultures. Therefore, the given statement is false.

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A legal firm would be considered a service company because they provide legal services to clients and persons.
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Case Study: Capitalization versus Expensing
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Answer:

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Explanation:

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7 0
3 years ago
During the​ year, credit sales amounted to​ $820,000. Cash collected on credit sales amounted to​ $780,000, and​ $15,000 has bee
Katena32 [7]

Answer:

The ending balance in the Allowance for Bad Debts is​ 20,500 CREDIT

Explanation:

The ending balance of Allowance for bad debts would be the 2.5% of sales

The adjustment is made to get the allowance for Bad Debt match the estimate uncollectible ammounts.

Notice it state <em>"company adjusted for bad debt expense"</em>

This means<u> it debit this account as much as it needed to be</u> to make allowance match the estimate allowance.

The write-off are transaction durign the period. They are irrelevant

So the ending balance is:

<em>2.5% of credit sales of 820,000 = $20,500</em>

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3 0
3 years ago
Modern Railways Co. operates a cargo railroad service between New York and Boston. A train owned by Modern Railways derails due
horsena [70]

Answer:

d. Special damages

Explanation:

Special damages -

It refers to as a some particular type of damages that occurs because of the violation of some contract or rule , is referred to as a special damage .

In case the rule is not followed or the contracted is violated , then special damages are applied .

All the covers for the special dam,age is pre- decided and is mentioned in the contract .

Hence , from the given scenario of the question ,

The correct answer is d. special damages .

4 0
3 years ago
eastern hotel corp. pays a constant $7.80 dividend on its stock. the company will maintain this dividend for the next 13 years a
Lesechka [4]

The stock is now trading at $52.16 per share.

The current value of an annuity of n regular payments of P at r% with yearly payments is provided by:

PV = P × (1 -((1 + r) ^{-n}÷r))

Estes Park Corp. distributes a fixed rate of a dividend of P = $7.80 per share on its shares. The corporation will retain this dividend for the following n = 13 years before ceasing dividend payments permanently. If the necessary returns on this stock are not metis r = 11.2% = 0.112.

The actual share price is calculated as follows:

Current share price = $7.80 × (1 -((1 + 0.112) ^{-13}÷0.112))

$7.80 × ((1 - 0.251) ÷ 0.112)

$52.16

Therefore, the current share price is $52.16

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