Answer:
The correct option is these statements are true
Explanation:
Margin of safety is the measure of the reduction in sales that needs to be recorded before a company makes no profit,invariably the difference the planned sales volume and the sales volume required to break even(makes no profit no loss).
The margin of safety can be expressed in volume,say 100 units of a product,in dollar terms ,say each product sells for $100 each,the margin of safety becomes $10,000($100*100) and can also be expressed in percentage terms depending on the way management wants it stated.
Answer: b). Scarcity
Explanation:
Scarcity refers to the relative shortage of resources in comparison to human wants.
Non-renewable resources refer to the resources which do not renew itself at a sustainable rate and have the risk of depletion. In addition to this, human wants are unlimited, a normal human being wants more and more of everything.
When non-renewable resources and unlimited wants are combined together they lead to the shortage of resources, which lead to its <em>scarcity</em>.
Answer:
$46,525
Explanation:
Formula for ending retained earnings is as follows;
<em>Ending retained earnings = Beginning retained earnings + Net income - cash dividend</em>
Beg. RE = 44,800
Net income = 7,800
Cash dividends = 6,075
Plug in the values to the above formula;
Ending retained earnings = 44,800 + 7,800 - 6.075
Ending RE balance would be = $46,525
Answer:
C. modify their products and services to meet the needs and interests of local cultures
Explanation:
Globalization is a phenomenon that enables companies to generate increased profitability and conquer new markets by implementing their businesses in other countries. Therefore, a company that wants to go global through e-commerce needs to modify its products and services to meet the needs and interests of local cultures, as entering an international market requires planning and structuring organizational processes that take into account that each country has their social and cultural particularities, their tastes and needs that are different from each other, which requires an adaptation of a company's products and services, so that they are well accepted and meet the specific needs of that market.
It is then necessary to research, plan and implement a global business strategy that takes local differences into account and includes them in its processes and values.
