Answer:
Assets= 15,000
Liabilities= 10,000
Owner's equity= 5,000
Explanation:
When he invests 5,000 of his own money that 5,000 is an asset as it is cash and the 10,000 he borrows is also an asset as it is cash. The liabilities are 10,000 as he has to pay 10,000 back and it is a loan so it is a liability also.
The owners equity is 5,000 as he invested 5,000 of his own money in the business and that is owners equity.
Answer:
acquisition of resources
Explanation:
The strategy that this corporation is using would be considered the acquisition of resources. This is what every multinational company does in order to cut down costs as much as possible. By pursuing and obtaining cheaper labor in a foreign country, the company is cutting down its overall costs. This can be done by also importing other resources from locations in which that resource is abundant meaning it is therefore much cheaper.
Answer: Option (D)
Explanation:
Under marketing, CVP also known as customer value proposition tends to consist of benefits(sum total) which an individual i.e. a vendor tends to promise a consumer will receive in exchange for a consumer's associated payment.
A CVP is referred to or known as a marketing statement that tends to describes why an individual should buy a commodity or service. It is mainly aimed at potential consumers instead of targeting other groups.
Answer:
The correct answer is letter "C": Globalization results in companies "exporting jobs" to low-wage nations.
Explanation:
Globalization has brought advantages and disadvantages. Outsourcing <em>-the act of hiring abroad a third party company to perform production as in the hiring country to reduce costs</em>- is a strategy that can benefit industries but nor employees. By outsourcing, a great number of job opportunities are being provided to foreign workers who might be less skilled than domestic employees but whose wages are lower.
Answer:
The impairment amount will be "$504,000". A further explanation is below.
Explanation:
The given values are:
Goodwill,
= $864,000
Subsidiary fair value,
= $8,100,000
Subsidiary's individually identifiable net assets,
= $7,740,000
Now,
(1)
The impairment amount will be:
= 
On substituting the values, we get
= 
= 
= 
($)
(2)
The journal entry is:
<u>Description Debit Credit</u>
Equity income $504,000
Equity investment $504,000
