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3 years ago

In vietnam, business relationships are often based on

2 answers:

7 0

A
social networks
vietnam is a communist state. Factors of production are communally owned by the communities or by the state.

Agata [3.3K]3 years ago

5 0

Answer:

Social networks

Explanation:

Business relationship in Vietnam depends largely on social relationship and network.It occurs through sharing of personal lifestyle , political and sports view . The interaction may not directly be connected to business but it could open up opportunities for business and even referrals.This means that someone with a very good and lively social life has a higher tendency of recording a good success in business.

The system make use of internet , calls ,email , brochures , advertisement , trade fair as media of propagating business

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On January 1, 2020, Jacobs Company sells land financed through a $16,000 note, issued by Andress Company. The note is a $16,000,

Vlad [161]

Answer:

Note: See attached picture for journal entry schedule for the question

Fair Value of Land = -PV(I, N, PMT, FV, Type)

Fair Value of Land = -PV(8%, 2, 16000*4%, 16000, 0)

Fair Value of Land = -PV(8%,2,640,16000,0)

Fair Value of Land = $14,859

Journal Entry

Date Account tile and explanation Debit Credit

Jan. 1 Notes Receivable $16,000

To, Discount on Notes $1,141

To, Land $14,859

Dec. 31 Cash $640

Discount on Notes $549

To, Interest Revenue (14859*8%) $1,189

Dec. 31 Cash $640

Discount on Notes $593

To, Interest Revenue (14859+549)*8% $1,233

Dec. 31 Cash $16,000

To, Notes Receivable $16,000

3 0

3 years ago

Heather's interest and gains on investments for the current year are as follows:Interest on Madison County school bonds $600Inte

Rina8888 [55]

Answer:

c. $1,400

Explanation:

The computation of the amount which is reported in the gross income is shown below:

= Interest on U.S. government bonds + Interest on a Federal income tax refund + Gain on the sale of Madison County school bonds

= $700 + $200 + $500

= $1,400

The Interest on Madison County school bonds $600 is exempt. So, it is not taxable and thus not included in the gross income.

6 0

3 years ago

Your aunt has $680,000 invested at 5.5% (time zero), and she now wants to retire. She wants to withdraw $45,000 at the beginning

saveliy_v [14]

Answer:

None of the options was correct

It will take her 15.94 years to make withdrawals and yet have up to $50,000.00 to give me.

8 0

3 years ago

Determine which costing method (variable costing or absorption costing) accounts for fixed manufacturing costs as costs of the

solniwko [45]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Determine which costing method (variable costing or absorption costing) accounts for fixed manufacturing costs as costs of the period:

a. at the time of incurrence,

b. at the time the finished units to which the fixed overhead relates are sold.

Absorption costing allocated fixed manufacturing costs to the product. Therefore, the fixed costs go to the cost of goods sold.

4 0

4 years ago

Roundwell, Inc. purchases a manufacturing plant for $15 million, by paying $5 million in cash as down payment, and borrowing the

djverab [1.8K]

Answer:

A Mortgage

Explanation:

A mortgage is a contract between two parties borrower and lender. In this agreement a bank or any other institution issues a loan against taking an title of an asset as a collateral that will become void if the mortgage is fully paid back with interest. The asset is taken as a security of the mortgage loan. The collateral should a specific asset that can be identifiable. Actual possession may not be transferred to lender only the ownership is transferred in many cases.

In this question the bank is taking a plant as a collateral from Roundwell Inc. against a mortgage loan of $10 million.

8 0

3 years ago