Answer and explanation:
1) Chinese online retailer Alibaba offers products on its web-page mostly to be sold in bundles offering to ship worldwide. Goods traded in Alibaba tend to be cheaper than average including innovative products usually offered in Asian markets. The company booked sales for around $53,000 million in 2019. Then, businesses offering non-perishable goods could imitate Alibaba's distribution network which benefits them in reducing costs in personnel, stores, and warehouses.
2) Alibaba attracts consumers to import due to the low prices of the products offered in its web-page and the easy payment method that accepts multiple methods such as credit or debit cards, money orders or digital wallets. Individuals can also be encouraged to engage in exporting following the Alibaba model which has resulted to be profitable for the firm.
Answer:
Increase in the estimated life of depreciable assets
Opinion of third parties
Explanation:
If management reports truthfully, the economic events that are likely to prompt the following accounting changes are an increase in the estimated life of depreciable assets.
The features of accounting, that would make it costly for dishonest managers to make the same changes without any corresponding economic changes is auditing.
Auditiors are the third parties which provide a clean account of the financial statement of the company, therefore if the changes in the accounting policy are consistent with economic changes, the audits will not provide a clean account of the financial statement
Answer:
The carpenter earned an extra $ nothing in the first year.
$160
Explanation:
Loan 2000
% interest 12%
FV=C*(1+I)
FV=2000*(1+12%)
FV=2000*1,12
FV=2240
Loan = 2000
Interest=240
Earn=400
Extra earning=400-240
Extra earning=160
Answer:
The correlation of returns between Asset A and Asset B is closest to 0.685714
or 68.57%
Explanation:
The formula to find the correlation of an asset is
Correlation of AB = Co variance AB/Standard deviation A * Standard deviation B
Co variance AB =600
Standard deviation of A= (625)^0.5=25
Standard deviation of B = (1,225)^0.5=35
Put these values in the formula
600/(25*35)=0.685714
Answer:
The summary as per the given query is summarized below.
Explanation:
- The criterion used by economists to decide whether the individual was working wasn’t employed.
- Employees hold down jobs for full as well as part-time pay where they already haven't a job and therefore are provisions of these terms for work even though they are unemployed.
- The labor force seems to be the number among all jobs working as well as unemployment.
