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Paraphin [41]
3 years ago
6

Blackmoor Industries is an American firm that manufactures automotive parts. The firm has several manufacturing facilities in th

e U.S. and one in a foreign country. Blackmoor's global managers have recently reported that workers in the foreign facility are more comfortable with the traditional division of work and roles. Consequently, flexible roles and work networks are unlikely to find favor in this particular facility, unlike in those spread across the U.S.
If the above information is true, which of the following can be fittingly inferred?
A) Blackmoor's foreign facility is located in a low uncertainty avoidance culture.
B) Blackmoor's foreign facility is located in a highly individualist culture.
C) Blackmoor's foreign facility is located in a masculine culture.
D) Blackmoor's foreign facility is located in a low power distance culture
Business
1 answer:
vagabundo [1.1K]3 years ago
5 0

Answer:

A

Explanation:

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Rogers, Inc., acquires 15% of Procter Corporation on January 1, 2020, for $70,000. During 2020, Procter reported net income of $
ioda

Answer:

a) <u>Investment Value as at December 31, 2020 / Jan 1, 2021        $64,000</u>

<u>b) Value of Equity Investment Dec 31, 2021                                 $491, 000</u>

Explanation:

First Part is to calculate the January 1, 2021 entry to adjust the Equity account based on additional acquisition on that date

It should be noted that the investment balance as at 31st December 2020, will also be the value of the investment balance for the start of the next year January 1st 2021.

Therefore,

Step 1: Calculate the Investment Balance as at 31st Dec, 2020

Acquisition Cost of 15% Investment (Procter Corporation Jan 1)   $70,000

Subtract: The dividend received 31st Dec, 2020 ($40,000 x .15)    <u>($6,000)</u>

<u>Investment Value as at December 31, 2020                                     $64,000</u>

Step 2: Calculate the Investment Gain (Equity Investment)

The formula= Market value of Equity (year end) - Carrying Value (calculated in step 1)

= $68,000 - $64,000

= $4,000

Step 3: The journal entry to adjust the equity investment account

Date                   Particulars                               Debit                       Credit

Dec, 31, 2020     Equity Investment                 $4,000

                                Gain Unrealized on Equity Investment            $4,000

being the journal record adjusting equity investment at the time of new acquisition

Part B: Balance of the Equity Investment Account Dec 31, 2021

The value of the Investment as at 31, Dec, 2020              $64,000

Add: The additional investment in Procter (Jan 1, 2021)   $310,000

Add: Net Income Share for Rogers (45% x $300,000)      $135,000

(45% because the initial 15% and the 30% additional)

Subtract: Dividend received (45% x $40,000)                   <u>  ($18,000)</u>

<u>Value of Equity Investment Dec 31, 2021                           $491, 000</u>

7 0
3 years ago
The discounted payback period of a project will a. decrease whenever the initial cash outlay for the project is increased. b. am
polet [3.4K]

The correct question is:

The discounted payback period of a project will decrease whenever the:

a. discount rate applied to the project is increased.

b. initial cash outlay of the project is increased.

c. number of cash inflows is increased.

d. amount of each cash inflow is increased.

e. costs of the fixed assets utilized in the project increase

Answer:

d. amount of each cash inflow is increased.

Explanation:

Discounted cash flow of a project is an analysis that considers the time value of money, future cash inflows re calculated as a discount of present value.

Discounted payback period is how long it will take for future cash flows to meet a certain amount.

For example if $100 is estimated to be $200 in 10 months at future inflows of $10 per month (that is $10*10 months= $100 profit)

If the inflow is now increased to $20 it will reduce repayment time from 10 months to 5 months (that is $20* 5months = $100 profit)

4 0
3 years ago
Networks are proven to be relevant in the context of innovation and entrepreneurship. Explain
kolbaska11 [484]

Answer:

Accommodation

Engagement Refinement

Explanation:

In the entrepreneurial ecosystem, networks still remain a popular and important aspect which is often thought and seen as a stepping stone to achieving entrepreneurial greatness. This network simply entails the creation of a circle or set of skilled individuals usually in different strategic areas of specialization relevant to a certain business line or sector. This way embarking on projects tends to be much easier as these networks of people can offer help, tips or together engage in to proffer solution on time. Networks are created usually through meetups and good interpersonal relationships. Having professionals around can speed up processes and. However, networks has to be properly managed usy be being accommodating and warm when approcached; frequent engagement topics and trending issues, including the desire to learn more and measure up to new trends.

8 0
3 years ago
Which of the following describes an undervalued stock? a. The stock's expected return is greater than its required return. b. Th
ziro4ka [17]

Answer:

d. The stock's expected return is less than its required return.

Explanation: An undervalued stock is defined as a stock that is selling at a price significantly below what is assumed to be its intrinsic value. For example, if a stock is selling for $50, but it is worth $100 based on predictable future cash flows, then it is an undervalued stock.

8 0
3 years ago
Read 2 more answers
Bramble Corp., Inc. can produce 100 units of a component part with the following costs: Direct Materials $23000 Direct Labor 350
tia_tia [17]

Answer:

$2,500

Explanation:

Bramble Corp., Inc

Purchase the component part externally $59,000 - $4,000

=$55,000

Direct Materials $23,000

Direct Labor $3,500

Variable Overhead $26,000

Total $52,500

Hence:

$55,000 -$52,500

=$2,500

Therefore the correct make-or-buy decision will be $2,500

7 0
3 years ago
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