This demonstrates a difficulty in crafting a global communication strategy.
The question says that the nation of China is very much controlling the media in the country. This has made it difficult for businesses to communicate with their users.
This here tells us about the issue of communication. The companies may have issues sending message across to all of its customers due to the media problem.
This problem may be more difficult in a case where the business is a foreign market.
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Answer:
See below
Explanation:
With regards to the above information, the contribution margin is computed as seen below.
Contribution margin per composite unit = Selling price per composite unit - Variable cost per composite unit
= $150 - $50
= $100
Hence, the contribution margin per composite unit is $100
If Petty Cash is not replenished at the end of the accounting period:
- the balance sheet would show an overstated cash asset.
- expenses would not be recorded in the period in which they were incurred.
- the income statement would reflect a net income amount that was too high.
<h3>What happens when petty cash is not replenished?</h3><h3 />
Because the cash that was meant to go to the petty cash was not taken from the cash account, this account will have more than it should (overstated).
The expenses which were incurred and recorded in the petty cash would not be accounted for which means that the income would be overstated as these expenses were not deducted from it.
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Answer: E. 18,000
Explanation:
Wesley Corporation has 80,000 shares of common stock authorized. This the total amount of common stock that is available for sale by the company.
Only 50,000 shares of common stock were issued and 12,000 shares of common stock as held as treasury stock.
Then the total number of outstanding shares of Wesley Corporation amounts to 80,000 - 50,000 - 12,000 = 18,000