Answer:
Store of value.
Unit of account.
Medium of exchange.
Explanation:
Store of value is an asset that can be restored and then traded with other things. When the assest is redeemed it is expected to be of great value. Also a store of value is anything that holds purchasing power in the future.
Unit of account is one of the primary functions of money. Also defined as the unit by which value of a thing is accounted and compared.
Medium of exchange occurs when there is any transaction between buyers and sellers.
Answer:
Profit maximization refers to a method adopted by the company to earn more amount of profit through its business operations and investments. Under this, a firm focuses that every decision should contribute profit in the account of the organization.
Explanation:
Answer:
Explanation:
The journal entries are shown below:
On March 15
Dividend A/c Dr $10,170,000 (226,000,000 shares × $0.045)
To Dividend payable A/c $10,170,000
(Being cash dividend declared)
On March 30
No entry
April 13
Dividend payable A/c $10,170,000
To Cash A/c
$10,170,000
(Being the payment of cash dividend is recorded)
Answer:
In this case, Ajay's company is an <u>ethnocentric company</u>
Explanation:
- The <u>ethnocentric company</u> refers to a company who hire staff of the same nationality as the Parent company.
- In the above question the nationality of the company is Indian and the company prefer to hire staffs from the different regions of its Parent company.(i.e India)
Answer:
c.Corporate social responsibility (CSR)
Explanation:
Based on the information provided within the question it can be said that Greensaver Corp's efforts are best described as Corporate social responsibility. This refers to the act of a company' charitable nature to contribute to societal goals. Which is exactly what Greensaver Corp is doing by installing saplings in parks and roadsides in order to combat pollution of nonrenewable resources for the good of the planet and society.
