Answer:
D) Japanese earthquake and tsunami
Explanation:
On March 11, 2011, a 9.1 magnitude earthquake occurred a couple hundred miles from Tokyo in the ocean. This earthquake caused a huge tsunami (30 feet high) that damaged large coastal areas in Japan, including several nuclear reactors and factory centers for major corporations like Toyota, Honda, Nissan, Toshiba, Sony, Canon, etc.
Answer:
$70,000
Explanation:
Moran Corporation
Semiannual interest paid on 31 Dec 2021
= $13,500,000*8%*6/12
= $540,000
Therefore If the effective interest method is used, by how much should the bond discount be reduced for the six months ended December 31, 2021 will be $70,000
Effective interest expense on 31 Dec.2021
= $12,200,000 * 10% * 6/12
= $610,000
Bond discount to be reduced for 6 months ended 31 Dec 2021
= $610,000 - $540,000
= $70,000
Answer:
B.
Explanation:
Culture can be viewed as the collective memory of a society (shared meanings, rituals, norms and traditions among members).
Consumption choices cannot be understood without considering the cultural context in which they are made.
Culture forms the prism through which people view products and try to make sense of their own and other people’s behaviour. Importance of culture in consumer behaviour.
A cultural system consists of three functional areas.
*Ecology – the way the system is adapted to its habitat by the technology used to obtain and distribute resources.
*Social structure – they way orderly social life is maintained including domestic and political groups.
*Ideology – the mental characteristics of the people and the way they relate to their environment.
Answer:
d) 6.53 days late as the days sales outstanding are longer than the 45-days credit given by the company
Explanation:
A/R turnover ratio
days sales oustanding:
45 - 51.53 = 6.53
