Answer:
$7,200
Explanation:
The calculation of income that should be presented in the income statement is shown below:-
Dividend Received = Given percentage × Paid dividend
= 12% × $60,000
= $7,200
Therefore for computing the income that should be presented in the income statement we simply applied the above formula.
Therefore the above is the answer
The ethnocentric staffing policy is used in Trisha firm.
What do you mean by staffing?
Staffing refers to the continuous process of finding, selecting evaluating and developing a working relationship with current or future employees. The main goal of staffing is to fill the various roles within the company with suitable candidates.
What is importance of staffing?
If the staff are not competent, your organization will lag. But if you recruit the right kind of professionals, any company would perform other chores, such as organizing, directing, and controlling properly. It also contributes to the efficient utilization of resources.
The ethnocentric approach--------- to recruitment means that we hire people from our parent country to fill positions all over the world.
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Answer:
b. market power.
Explanation:
A firm has market power when it is able to charge prices for its goods and services far above its marginal cost of production and higher than the average price charged in the market for similar goods and services.
Apple is able to charge higher price when compared with Microsoft.
Corporate level core competitencies is when a firm has unique abilities that gives it an edge over other competitors and enhances the long term success of the firm.
Multipoint competition is when a firm is competiting at the same time across many industries with the same competitors.
Brand awareness is how well a product is familiar to consumers .
Answer: Automatic withdrawal
Explanation: In an automatic withdrawal payment system the payee schedule the recurring payments on predetermined date, these are generally done electronically. These kinds of payments are generally done from banks or mutual funds accounts.
In the given case George’s parents are going to cruise thus they will not be able to pay for their bills hence they can use the automatic withdrawal system for the general bills they have to pay.
Answer:
Work in process account= $76,680
Explanation:
Giving the following information:
Balance in work in process on May 1 $57,600
Direct material costs for May $89,200
Overhead applied at a rate of 120% of direct labor dollars
Direct labor= $76,500
Jobs completed during May and transferred to finished goods inventory was $242,420
Work in process account= Beginning work in process+direct materials + direct labor + manufacturing overhead - Jobs completed during May
Work in process account=57600 + 89200 + 76500 + (76500*1.20)- 242420
Work in process account= $76,680