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butalik [34]
3 years ago
7

Which of the following options has drastically reduced the costs of operating and transacting on a global​ scale?

Business
1 answer:
katen-ka-za [31]3 years ago
7 0

Answer: Internet.

Explanation:

The internet is an interconnecting platform, where computer users from different locations around the world can easily share information and communicate among themselves. The internet has reduced the cost of doing business, because a person does not need to be physically present to transact business, as most transactions can now be completed over the internet.

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Assume that Horicon Corp acquired 25% of the common stock of Sheboygan Corp. on January 1 for $300,000. During the year Sheboyga
Misha Larkins [42]

Answer:

Option C. Debit Cash and credit Stock Investments

Explanation:

The reason is that in the equity method of recording the dividends receipts, it is always deducted from the stock investment and the relevant share of reported net income of the associate is added to the stock investment.

So mathematically,

Stock Investment Under Equity Method = Opening Value for the year + Share of Net Income - Dividend received

Stock Investment Under Equity Method = $300,000 + $160,000 * 25% + $60,000 * 25% = $325,000

The above treatment shows that the recording of dividends include credit to stock investment and the cash receipt is always debited.

So the double entry would be:

Dr Cash $15,000

Cr Dividends $15,000

So the option C is correct.

3 0
3 years ago
Rick has met with the Small Business Administration, which analyzed his entrepreneurial skills and provided him with a summary o
Mrrafil [7]

Answer:

c) Rick has an external locus of control.

Explanation:

What can challenge Rick in his quest to become a successful entrepreneur is that he has an external locus of control, which occurs when an individual relates events related to their failures or successes to external variables that are not their responsibility, such as fate, luck or bad luck.

The external locus of control can pose a challenge for Rick in the sense that an entrepreneur's success is related to his own personal control and personal efforts to make the business viable and successful in the market. It is necessary for the entrepreneur to understand that there are risks inherent to the business and that a business can work according to their efforts, learning and planning, that is, the entrepreneur and their control and management actions will be responsible for the success or failure of the business, and not just external factors like fate or bad luck.

5 0
2 years ago
All of the following actions are consistent with feelings of regret except:________.
hram777 [196]

Answer:

Option A, selling losers quickly, is the right answer.

Explanation:

According to some researchers and their investigation consistency factors has the potential to influence feelings of regret. Regret may emerge as a function of consistency and discrepancy between an individual's orientation and effort of an evaluative decision. Whenever the decision-maker approves an orientation of serving errors associated with the actions are generally more consistent and thus led to comparatively less feeling of regret.

4 0
3 years ago
Kotrick Company has beginning inventory of units and expected sales of units. If the desired ending inventory is ​units, how man
saw5 [17]

Answer: $26,000

Explanation:

Ending Inventory = Beginning Inventory + Units to be produced - Sales

18,000 = 15,000 + Units to be produced - 23,000

Units to be produced = 18,000 + 23,000 - 15,000

Units to be produced = $26,000

7 0
3 years ago
An exploration of the factors underlying an​ economy's capital stock and its level of technology indicates that the relevant tim
scoray [572]

Answer:

The correct answer are: A. quality of its education system. B. saving rate. and E. role of the government.

Explanation:

The stock of capital is a fundamental variable in economic analysis, especially for economic growth studies. The level of capital stock, together with measurements of labor (labor), constitute the factors that allow analyzing the production function of an economy; as well as determine the long-term growth patterns of it.

5 0
2 years ago
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