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givi [52]
3 years ago
7

Bernard did not glance at the visiting card given by his Chinese client and simply stuffed it in his pocket. Which socio cultura

l factor of global trade did he violate? language religion behavior corruption discrimination
Business
2 answers:
Amanda [17]3 years ago
7 0
Behavior I'm pretty sure
Fofino [41]3 years ago
5 0

Bernard did not glance at the visiting card given by his Chinese client and simply stuffed it in his pocket. Which sociocultural factor of global trade did he violate? Language.

Sociocultural factors are lifestyles, customs and values that are based on each society. Sociocultural factors include, aesthetics, education, language, law and politics, religion, social organizations, technology and material culture, values and attitudes. Based on the fact that Bernard did not even glance at the visiting card for his Chinese client, he will likely not understand how to speak to his client. Different cultures have social norms and ways of speaking. Something that may not be disrespectful in one culture is in another so by not knowing what could offend is client, he may do it.

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Which of the following are in accordance with IFRS? Cash basis accounting Both accrual basis and cash basis accounting Neither a
Anton [14]

Answer:

Accrual basis accounting

Explanation:

Under Accrual basis of accounting, income is recognized when it is earned and not when actual cash is paid or received.

Under cash basis of accounting, income is only recognized when actual cash is received.

Accrual basis of accounting ensures transactions pertaining to a period are recorded in that period and  it depicts more accurate financial picture unlike in cash accounting wherein income for a period might be overstated or understated.

Following cash basis of accounting is not in accord with both US GAAPs (generally accepted accounting principles) and IFRS.

7 0
3 years ago
Marshall Inc. recently hired your consulting firm to improve the company's performance. It has been highly profitable but has be
dezoksy [38]

Answer:

148.02 days

Explanation:

The computation of the cash conversion cycle is shown below:

As we know that

Cash conversion cycle is = Days inventory outstanding + days sale outstanding - days payable outstanding

where,

Number of days inventory outstanding is

= Average inventory ÷ cost of goods sold per day

= $75000 ÷ ($360,000 ÷ 365 days)

= 76.04 days

Number of days sales outstanding is

= Average account receivable ÷ Average sales per day

= $160,000 ÷ ($600,000 ÷ 365)

= 97.33 days

And, the number of days payable outstanding is

= Average accounts payable ÷ cost pf goods sold per day

= $25,000 ÷ ($360,000 ÷ 365)

= 25.35 days

So, the cash conversion cycle is

= 76.04 days + 97.33 days - 25.35 days

= 148.02 days

3 0
3 years ago
If two individuals are licensed in the same line with two different companies join together to sell a policy, the commission can
NISA [10]
<h3><u>Answer:</u></h3>

The commission can be shared between the two agents.

<h3><u>Explanation:</u></h3>

Many times different companies collaborate with each other to sell a particular policy to maximize their profits. When there are two agents licensed in the same line and when the two companies collaborate to sell a policy then the commission is shared  between the agents.

This is because they will work together for the profits and that when the two companies collaborate they become one to sell the policy. The agents work together and the commission is given to them as a whole. This is a common practice when two companies work together.

4 0
3 years ago
Why is the white epiphone explorer more expensive
sukhopar [10]
Explores more or its the newest thing they have...
3 0
3 years ago
A large stock dividend:
Sladkaya [172]

Answer:

Results in a transfer of retained earnings to common stock and additional paid-in capital.

Explanation:

A stock dividend can be defined as the dividend which is distributed to shareholders on the basis of their percentage of ownership. Stock dividend is paid in form of shares and not in form of cash.

A stock dividend can also be described as a dividend payment paid by a company to its existing stakeholders from the profit or earnings that has been derived from the company during a financial year period.

The main advantage of stock dividend is that taxes will not be paid on the stock dividends until the shares have been sold.

5 0
3 years ago
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