Answer:
agree with this
.................................
Considering the situation described above, it is concluded that Korea is a <u>High context</u> culture, and the U.S. is a <u>low-context</u> culture.
A high context culture is a type of culture that is characterized by collectivism and an implicit form of communication.
On the other hand, a low context culture is a type of culture that is associated with direct verbal interaction and individualism.
It is no secret that the United States promotes individualism or independence as a society which is a form of low context culture. In contrast, the Korean culture promotes stability and group relation, which is a form of high context culture.
Hence, in this case, it is concluded that Korea has high context culture while the United States has a low-context culture.
Learn more here: brainly.com/question/17438233
Answer:
the firm pay 39 millions dividends to his shareholders during the year.
Explanation:
The retained earnings identity is as follow:
beginning RE + net income - dividends = ending RE
we plug our values into the formula:
970 + 30 - dividends = 961
we clear dividends:
970 + 30 - 961 = dividends
And solve:
dividends = 39
<u>Notes:</u>
For every account, we always have this similar identity:
a beginning balance
a type of transaction that increase their balance
another kind of transaction which decreased
and a final balance which is the net of the previous.
beginning + increase - decrease = ending
Always try to identify how each transaction impact the account and from there, setup the equation.
Answer:
1. The stand-alone price for installation service using adjusted market assessment is $180
2. The stand-alone price for installation service using expected cost plus margin is $182
3. The stand-alone price for installation service using residual is $182
Explanation:
1. According to the given data the market price at which similar vendors charge installation service should be taken as the stand-alone price which is $180
Therefore, The stand-alone price for installation service using adjusted market assessment is $180
2. The stand-alone price of the installation service using expected cost plus margin would be a follows:
Stan−alone price=Estimated Cost+Estimated margin
=$130+(40%×$130)
=$182
Therefore, The stand-alone price for installation service using expected cost plus margin is $182
3. The stand-alone price of the installation service using residual would be a follows:
Stand−alone price=Total transaction price−Stand−alone price for T.V−
−Stand−alone price for compensation and other costs
=$2,020−$1,810−$130
=$80
Therefore, The stand-alone price for installation service using residual is $182
Answer:
Declaration date:
Dr retained earnings $26400
Cr dividends payable $26400
Payment date:
Dr dividends payable $26400
Cr Cash $26400
Explanation:
Total dividend declared is the number of shares multiplied by cash dividend per share
total dividend=$3*8,800=$26400
On the record date no entries are required since record date, is just about verifying the bonafide shareholders.
On declaration date,dividends payable would be credited with $26,400 while retained earnings is debited.
On payment date,dividends payable is debited and cash credited
