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3 years ago

A __________ establishes a foreign subsidiary by building an entirely new operation in a foreign country.

1 answer:

7 0

The answer is greenfield venture.

The complete sentence is A greenfield venture establishes a foreign subsidiary by building an entirely new operation on a foerign country.

The term alludes to the fact that the parent company will start the operations from the ground and not by acquiring other companies that are already operating in the foreign country.

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Cassidy is planning to obtain a loan from her bank for $210,000 for a new home. the bank has approved cassidy’s loan at a fixed

Grace [21]

Cassidy's approximate monthly payment stands at $1420. if Cassidy lives planning to obtain a loan from her bank for $210,000 for a new home.

<h3>What is the payment monthly?</h3>

The monthly payment is the quantity paid per month to pay off the loan in the time period of the loan. When a loan is taken out it isn't only the top amount, or the original payment loaned out, that needs to be repaid, but also the good that accumulates.

<h3>What is a loan amortization schedule?</h3>

It is described as the systematic method of representing loan payments according to the time in which the principal amount and interest exist mentioned in a list manner

It is given that:

Cassidy lives planning to obtain a loan from her bank for $210,000 for a new home.
A fixed annual interest rate of 2.7% compounded monthly for 15 years.

The formula is:

$P=F_{P} (i)/1-(1+i)^{-1}$

Plug all the values in the above formula:

$P=210000(2.7/12)/1-(1+(2.7/12)^{-15*12}$

$1420.

Hence,

Cassidy's approximate monthly payment stands at $1420.

To learn more about monthly payment, refer

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4 0

1 year ago

The following items are taken from the financial statements of the Postal Service for the year ending December 31, 2015: Account

Nuetrik [128]

Answer:

Postal Service

The amount that would be reported for Stockholders' Equity at December 31, 2015 is:

= $130,000.

Explanation:

a) Trial Balance

December 31, 2015:

Cash $15,000

Accounts receivable 11,000

Supplies 4,000

Prepaid insurance (12-month) 6,000

Equipment 210,000

Accounts payable $ 18,000

Accumulated depreciation – equipment 28,000

Note payable, due 6/30/16 70,000

Common stock 42,000

Retained earnings (1/1/15) 60,000

Dividends 14,000

Service revenue 133,000

Advertising expense 21,000

Depreciation expense 12,000

Insurance expense 3,000

Rent expense 17,000

Salaries and wages expense 32,000

Supplies expense 6,000

Totals $351,000 $351,000

Income Statement for the year ended December 31, 2015

Service revenue $133,000

Advertising expense 21,000

Depreciation expense 12,000

Insurance expense 3,000

Rent expense 17,000

Salaries and wages expense 32,000

Supplies expense 6,000 $91,000

Net income $42,000

Statement of Retained Earnings

For the year ended December 31, 2015

Retained earnings (1/1/15) $60,000

Net income 42,000

Dividends (14,000)

Retained earnings (December 31, 2015) $88,000

Equity:

Common stock $42,000

Retained earnings 88,000

Total equity $130,000

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3 years ago

The following selected information was extracted from the 20x1 accounting records of Lone Oak Products:

Alex777 [14]

Answer:

a. $513,000

b. $913,200

c. $926,400

d. $344,100

e. 11,340 units

Explanation:

a. manufacturing overhead for the year.

<em>Manufacturing Overhead = indirect manufacturing costs</em>

therefore,

Manufacturing Overhead = $109,000 (Indirect labor) + $80,000 x 75 % (Building depreciation) + $344,000 (Other factory costs)

= $513,000

b. cost of goods manufactured.

<em>Cost of Goods Manufactured = Beginning Work In Process + Manufacturing Costs for the Period - Ending Work In Process</em>

= $35,700 + ($15,800 + $175,000 - $18,200) + $254,000 + $513,000 - $62,100

= $913,200

c. cost of goods sold.

<em>Cost of Goods Sold = Beginning Finished Goods + Cost of Goods Manufactured - Ending Finished Goods</em>

= $111,100 + $913,200 - $97,900

= $926,400

d. net income for 20x1, assuming a 30% income tax rate.

<em>Net Income = Gross Profit (Sales - Cost of Goods Sold) - Expenses</em>

= $1,495,000 - $133,000 - $195,000 - ($80,000 x 25%)

= $1,147,000

Income tax = 1,147,000 x 30%

= $344,100

therefore,

Net Income = $1,147,000 - $344,100 = $802,900

e. number of completed units manufactured during the year.

<u>First Calculate Number of Units Sold</u>

Number of Units Sold = 1,495,000 ÷ $130 = 11,500 units

<em>Units manufactured = Units Sold + Ending Finished Inventory - Beginning Finished Inventory</em>

= 11,500 + 1,190 - 1,350

= 11,340 units

6 0

3 years ago

You should write down everything a speaker says when you take notes. Please select the best answer from the choices provided T F

bagirrra123 [75]

Answer:

the answer is false

Explanation:

it's tedious to copy everything a speaker says. you should paraphrase in your notes, and get the most important points.

8 0

3 years ago

Read 2 more answers

You are a consultant helping to turn around a factory that hasn't adapted to modern manufacturing standards. They receive severa

Olegator [25]

Answer:

use of modern technology

Explanation:

to make work and tallying

easy

3 0

3 years ago