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zhannawk [14.2K]
3 years ago
15

Many international firms are increasing their efforts to market their products and services to countries such as India and China

as the ranks of their middle class continue to increase.
A. True
B. False
Business
1 answer:
Misha Larkins [42]3 years ago
8 0

Answer:

Letter A is correct. <u>True.</u>

Explanation:

India and China are two emerging countries in the world economy, with significant annual economic growth, these countries have stood out on the world stage of international investment.

This has occurred because these countries are constantly expanding and because they have the two largest populations in the world.

Economic growth generates greater purchasing power for citizens and this attracts international companies. Another relevant issue is the reduction of bureaucracy in India and China for the establishment of companies in that country, as well as government incentives and cheap labor.

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Xenox Company had net credit sales during the year of $1300000 and cost of goods sold of $800000. The balance in accounts receiv
Lunna [17]

Answer:

8 times

Explanation:

Financial Statements depicts the financial position of a firm at a particular point of time or specified date. The users of financial statements use various types of analysis to understand or compare the current financial statements of the company to prior years or with those of the competitors.

‘Ratio Analysis’ is used to analyze the performance of a company. It is used to analyze the liquidity, profitability, solvency and operational efficiency of the company.

Given:

Net credit sales = $1,300,000

Beginning accounts receivable = $185,000

Ending accounts receivable = $140,000

Accounts receivable turnover is the ratio of net credit sales to average accounts receivable.

It can be calculated as:

Average accounts receivable = \frac{Beginning accounts receivable + Ending accounts receivable}{2}

Average accounts receivable = \frac{185,000 + 140,000}{2}

Average accounts receivable = \frac{325,000}{2}

Average accounts receivable = $162,500

Accounts turnover ratio = \frac{Net credit sales}{Average accounts receivable}

Accounts turnover ratio = \frac{1,300,000}{162,500}

Accounts turnover ratio = 8 times

4 0
3 years ago
According to the Air Transport Association of America, the average operating cost of an MD-80 jet airliner is $2,087 per hour. S
jek_recluse [69]

Answer:

(a)$1955

(b)$2017.19

(c)$2273.16

Explanation:

Check attachment

7 0
3 years ago
The monthly bank statement has to be compared with the:
BlackZzzverrR [31]
Checkbook
computer software

4 0
3 years ago
Which leadership skill do you feel is most important for a small business to succeed for a
tensa zangetsu [6.8K]
In my opinion, reliability and consistency are two of the most important leadership skills for a small business to succeed for a long time. With these two characteristics a small business can build a returning customer base as well as a good rating on review websites. For example, many local barbershops provide consistent quality haircuts which builds reliability and in turn demand and returning customers.
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2 years ago
Pizza Express Inc. began the Year 2 accounting period with $2,500 cash, $1,400 of common stock, and $1,100 of retained earnings.
STatiana [176]

Answer:

Part a

Assets = Increase  $3,600

Liabilities = Increase $3,600

Equity = No effect

Part b

Assets = Increase $12,300

Liabilities = No effect

Equity = Increase $12,300

Part c

Assets = Decrease $2,700

Liabilities = Decrease $2,700

Equity = No effect

Part d

Assets = Decrease (with decrease)

Liabilities = No effect

Equity = Decrease (with decrease)

Explanation:

Effects of the events on the financial statements are considered for the impart of transaction on the Assets, Liabilities and Equity as above.

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3 years ago
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