Answer:
transnational
Explanation:
According to my research on different business strategies, I can say that based on the information provided within the question it seems as though Mystic Co. is a firm that successfully pursues a transnational business strategy. This is a strategy in which a business sells it's products across various nations, each of which is has a personalized approach when it comes to selling and marketing the product in that nation. Which seems to be the case with Mystic Co. since they are a very successful business that sells it's products in more than 25 different countries and since it is a fashion store it has to adapt to each countries unique styles.
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Answer:
The correct option is C,Abby and Zeke are personally liable
Explanation:
Being personally liable means that if the amount of assets available in the joint venture is not enough to pay back the debts owed by the joint venture, the joint venturers would have to pay the debt balance from private pockets.
Option A is applicable to limited liability companies as well as limited liability partnerships.
Option B is also wrong based on the point cited for option A.
The same issue applies to Option D.
In other words, options A,B and D are only applicable to limited liability situations and the joint venture is not a limited liability business.
Answer:
D) employees learn to influence others through their enthusiasm, logical analysis, and involvement of others in their vision.
Explanation:
The structure being implemented by EFT Inc. where highly skilled employees within teams are empowered to take up leadership roles, is called shared leadership.
Shared leadership is when any team member can take up leadership roles within his department. This model will only be successful if the employees learn to influence others through their enthusiasm, logical analysis, and involvement of others in their vision.
Drive to achieve organisational goals and objectives is also high because the employees feel valued and take part in decision-making process.
Answer and Explanation:
The Journal entry is shown below:-
1. Sales revenue Dr, $28,656 ($121,700 + $287,673) × 7%
To Sales tax payable $28,656
(Being sales tax payable is recorded)
Here we debited the sales revenue as it decreased the revenue while we credited the sales tax payable as it increased the liabilities so that the proper posting could be done
Working note
Credit sales = $130,219 × 100 ÷ 107
= $121,700
Cash sales = $302,810 × 100 ÷ 107
= $287,673
Answer:
True
Explanation:The Dividend pay out ratio of a company is the ratio of the total devidend paid to shareholders in relation to the net income earned by the company during a financial year.
Fixed assets are assets purchased in order to be used on the long term,theses types of assets are not usually converted in the short term for money,fixed assets includes buildings,land etc.
