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zalisa [80]
3 years ago
8

In countries with minimal corruption ________. the contribution of the private sector to the national GDP is negligible financia

l and accounting information is transparent commercial laws are unfair and discriminatory direct investment does not take place
Business
1 answer:
anzhelika [568]3 years ago
3 0

Answer:

The answer is: financial and accounting information is transparent

Explanation:

When a country's government is corrupt, then its public institutions will be severely affected in a bad manner.

We can use Venezuela as an example;

  • private companies have greatly reduced their activities, if not closed their operations
  • laws are made to protect the government's "friends" or hurt its "enemies",
  • direct investment from foreign companies has basically vanished.
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Answer:D. Many cost reduction opportunities exist and cost of reduction is low

Explanation:

Since the project has not commence the firm has lots of options to choose from and since the practical works has not started it's cheaper to substitute one method for another.

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3 years ago
7. Goop Inc. needs to order a raw material to make a special polymer. The demand for the polymer is forecasted to be normally di
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i do not support gwentyth paltrows company

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3 years ago
A list of Year 3 revenues and expenses for Green Thumb, Inc. is provided below. Advertising and Promotion Expenses 262,700 Incom
iren2701 [21]

Answer:

A. Net Income = $304,560

B. Ending Retained Earnings = $420,740

Explanation:

Req. (A)

Green Thumb, Inc.

Income Statement

For the year ended, 31 December, 20Y3

Revenues:

Sales Revenues $1,866,300

Expenses:

Salaries and wages expenses $725,000

Advertising and Promotion Expenses 262,700

Income Tax Expense 56,520

Interest Expense 43,920

Other Expenses 122,600

Other Selling & Administrative Expenses 351,000

Total Expenses = ($1,561,740)

Net Income = $304,560

Note: We can use a multiple step income statement. However, as there is no instruction, we use single step income statement.

Req. (B)

Green Thumb, Inc.

Statement of Retained Earnings

For the year ended, 31 December, 20Y3

Balances, January 1 $162,200

Add:

Net income for the current year $304,560

Less: Dividends ($46,020)

Balances, December 31 $420,740

Note: Here, Balances, January 1 = Beginning Retained earnings Balance

Balances, 31 December = Ending retained earnings.

3 0
3 years ago
Refer to Scenario 9.1. On the website, Sampson encourages users to ask questions and provide their input. He also provides conta
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Answer:

B. Interactivity

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3 years ago
Switching costs, the number of buyers, and if the items represent a relatively small portion of the cost of finished products ar
Murrr4er [49]

Switching costs, number of buyers, and if the items represent a relatively small portion of the cost of finished products are key considerations regarding the bargaining power of buyers.

Switching costs are the costs which are paid by a consumer as a result of switching brands, suppliers, or products. Some companies may employ high switching costs in order to prevent customers from moving to another brand.

Suppose if the customer purchases large volumes of standardized products from the seller, then the buyer's bargaining power is quite high.  Also, when substitute of a product is available in the market, the buyer power increases.

Hence, most prevailing switching costs are monetary in nature.

To learn more about switching costs here:

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