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castortr0y [4]
3 years ago
13

Why are publicly traded corporations required to release financial reports on a regular basis?

Business
1 answer:
sergiy2304 [10]3 years ago
7 0

The correct answer is A.

In a corporation the shareholders are the owners. They are required to release the financial reports because they are entitled to transparency and need them in order to base their investment decisions on their contents.

You might be interested in
An example of technological change is A. a firm rearranging the layout of a retail store to increase sales. B. a firm's workers
pashok25 [27]

Answer:

D. both a and b

Explanation:

There are 3 stages to technological change:

1. Invention - this is when new technology is created or invented.

2. Innovation - this is application of new invention

3. Diffusion - diffusion is when knowledge and use of new technology spreads. Training is one of the ways through diffusion can occur. Therefore , training is an example of technological change.

I hope my answer helps you

4 0
3 years ago
During 2017, Kate Holmes Co.'s first year of operations, the company reports pretax financial income at $250,000. Holmes's enact
r-ruslan [8.4K]

Answer:

a. $224,000

c. Journal Entry

Explanation:

a. Taxable income for 2017 = Pretax financial income - Temporary sales - Depreciation + Unearned rent

= $250,000 - $96,000 - $30,000 + $100,000

= $224,000

c. Journal Entry

Income tax expenses Dr,                            $111,200

($224,000 × 45%) + ($50,400 - $40,000)

Deferred tax assets Dr,                               $40,000

     To income tax payable                                         $100,800

($224,000 × 45%)

      To Deferred tax liability                                        $50,400

For computing deferred tax

Temporary differences    Future taxable   Tax rate   (Assets)  Liability

Installment sales               $96,000             40%                        $38,400

Depreciation rent              $30,000             40%                        $12,000

Unearned rent                  ($100,000)           40%       ($40,000)

Totals                                  $26,000                            ($40,000)  ($50,400)

6 0
4 years ago
The firm's policy is to have finished goods inventory on hand at the end of the month that is equal to 70 percent of the next mo
Dahasolnce [82]

Answer:

\left[\begin{array}{ccccc}& &September&October&November\\&$sales&6000&6800&5600\\&$Desired ending&4760&3920&4270\\&$Total Needs&10760&10720&9870\\&$beginning&4200&4760&3920\\&$Production Requirement&6560&5960&5950\\\end{array}\right]

MISSING INFORMATION ATTACHED

Explanation:

\left[\begin{array}{ccccc}& &September&October&November\\&$sales&6000&6800&5600\\&$Desired ending&4760&3920&4270\\&$Total Needs&10760&10720&9870\\&$beginning&4200&4760&3920\\&$Production Requirement&6560&5960&5950\\\end{array}\right]

The sales forecasted plus the desired ending inventory is the complete needs the sales department expect to be fullfill

Then, as the company has a beginning invneotry each period a portion of this needs is already fullfil thus, the difference are the production requirements.

7 0
4 years ago
Discuss three potential problems a company can face if it decides to expand internationally. Explain why it is important to cons
denis23 [38]

Answer:

Three potential issues an organization can confront on the off chance that it chooses to extend universally -  

  1. Language and Cultural Differences - The main issue which comes in anybody's brain while extending their business universally is Language and Cultural Differences. On the off chance that you have a language not the same as your clients, it will be an immense test while conveying. There ought to be in any event one individual in your group who communicates in the neighborhood language.  Various nations have various societies while extending your business universally, you ought to likewise remember the neighborhood culture and update your item/administration as needs be.  
  2. Outside laws and guidelines - Along with getting your business globally, increasing a far reaching comprehension of nearby laws and guidelines is pivotal. Without this, any organization can not work appropriately and would confront troubles later on. The work and work necessity contrasts from nation to nation. Every one of these parameters ought to be remembered while growing the business.  
  3. Neighborhood rivalry - While extending the business globally, you should manage import charges and taxes, and in this way making your items higher in cost. Along these lines, your rivals will have more favorable position on the off chance that they produce a similar item locally. You should be careful and know about what your rivals are doing to make your item increasingly open to clients.  

Why it is critical to consider culturally diverse shopper conduct before growing past the residential market?  

It is energetically prescribed to have appropriate information on multifaceted shopper conduct before growing past the household showcase in view of the accompanying reasons-  

  1. Culturally diverse purchaser conduct will give you the best possible information available where you will extend. It will give you a plan to choose advertise division. Since advertisers can not fulfill the necessities of the whole market, markets must be sectioned.  
  2. Qualities can likewise decide whether individuals of a specific religion/culture will be impacted by others in the public eye. Having a cross-culture purchaser conduct study will assist with knowing the part of culture that assists advertisers with distinguishing reference bunches that will have an orientation on buyer conduct.  

Example - McDonald's Entry to India

While entering Indian markets, McDonald's confronted heaps of issues. The greater part of the dishes in McDonald's comprise of fixings as hamburger. Because of strict reasons, the utilization of hamburger India is denied. In this manner they needed to concentrate more on Chicken or all the more privately developed items to catch the market. Numerous new imaginative items were included the menu. Furthermore, therefore they got fruitful.  

Extra issues that can be experienced are -  

  1. Consistence Issues  
  2. Store network dangers  
  3. Operational dangers  
  4. Representative Management and Training  
  5. HR and Benefits errands
4 0
3 years ago
Because of threats and risks in the global environment, some firms choose to take a more cautious approach by
klemol [59]

Answer: (C) focusing on global niche markets.

Explanation:

Even though there are many risks involved in going into the global environment, the opportunities for growth are so immense that the risks should be taken and then managed so that losses do not occur.

One way to do this is to focus on global niche markets. The company can focus on certain parts of the global market alone where their product would sell healthily as well as where they would face the lowest risk.

This is why a lot of companies expand to developed countries where they can charge higher and the law protects their interests.

7 0
3 years ago
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