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nirvana33 [79]
3 years ago
11

1. What is global business?

Business
1 answer:
Vanyuwa [196]3 years ago
3 0

Answer:

Explanation:

1. Global business refers to business and economic activities of companies which cut across different countries. Any company engaging in global business would have access to a market around the world that is bigger than the local business.

Global business create competition on a high level basis among businesses like a company entering foreign market ; would have to compete with local business hence giving consumers benefit of choosing and buying high quality products at lower cost from wherever they want. Example include Starbucks, which have branches all over the world.

2. When people and businesses engage in global business, it will enable a country to have foreign direct investment in which companies are able to compete better in foreign markets and can better reach new customers abroad. Direct foreign investment increases as global business increases because such economic activities will attract foreign investment from multinational companies.

3.

• Tariffs

• Subsidies

• Quotas

• Voluntary export constraint

• Customs classification

° Tariffs are taxes imposed directly on goods imported into the country hence create trade barriers through making imported goods expensive compared to local goods.

° Subsidies refers to government loans, tax and grants giving to local companies as a way of protecting them from foregoing competition.

° Quotas refers to limit placed on the number of goods to be imported into the country.

° Voluntary export constraint like quotas is a limit imposed on the number or volume of products exported to particular country.

° Customs classification refers to classifications assigned to imported products by officials of government officials that affect the size of the tariff and imposition of import quotas.

4. Trade offs between global consistency and local adaptation refers to strategies that companies use when they engage in worldwide operations. Global consistency implies that company would run its plants, offices around the world based on same universal policies and procedures while local adaptation involve companies modifying their standard operating procedures to adapt to differences in governments, foreign customers and regulatory agencies.

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Define cash flow..............................
Y_Kistochka [10]
The total amount of money being transferred into and out of a business
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3 years ago
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Steven's Battery Company has two service departments, Maintenance and Personnel. Maintenance Department costs of $320,000 are al
inna [77]

Answer:

From maintenance to department B will be allocated 85,333 dollars

Explanation:

We distribute maintenance over personnel and operating and then,

we distributed the accumulated in personnel over the operating department:

\left[\begin{array}{cccccc}&Maintenance&Personnel&Dep A&Deb B\\$maintenance-hours&&800&960&640\\$employes&&&160&480\\$Direct \: Cost&320,000&80,000&160,000&240,000\\$Allocate A&-320,000&106,667&128,000&85,333\\$Subtotal&&186,667&288,000&325,333\\$Allocate J&&-186,667&46,667&140,000\\$Total&&&334,667&465,333\\\end{array}\right]

<em><u>For the given question it would be:</u></em>

total maintenance-hours: 800  + 960 + 640 = 2,400

<u>allocation of maintenance:</u>

320,000 x   640/2400 = 85,333

4 0
3 years ago
A researcher wants to test the order of integration of some time series data. He decides to use the DF test. He estimates a regr
pav-90 [236]

Answer:

a) H0: u = presence of a unit root

   HA: u ≠ presence of a unit root  ( i.e. stationary series )

b) t stat = -0.064

c) We will reject the Null hypothesis and the next step will be to accept the alternative hypothesis

d) It is not valid to compare the estimated t stat with the corresponding critical value because a random walk is non-stationary while the difference is stationary because it is white noise

Explanation:

<u>a) stating the null and alternative hypothesis</u>

H0: u = presence of a unit root

HA: u ≠ presence of a unit root  ( i.e. stationary series )

<u>b) performing the test </u>

critical value = -2.88

T stat = coefficient / std error

          = -0.02 / 0.31  = -0.064

c) From the test, the value of T stat > critical value we will reject the Null hypothesis hence the next step will be to accept the alternative hypothesis

d) It is not valid to compare the estimated t stat with the corresponding critical value because a random walk is non-stationary while the difference is stationary because it is white noise

   

5 0
3 years ago
You have $135,000 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $49,000.
cricket20 [7]

Answer:

a. Does this create a disbursement float or a collection float?

A disbursement float occurs when you write a check and hand it out, but the person that receives the check hasn't cashed it yet. You do not owe the money anymore, but it still appears on your bank account.

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your bank account balance = $135,000

c. What is your book balance?

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6 0
3 years ago
On March 15, American Eagle declares a quarterly cash dividend of $0.105 per share payable on April 13 to all stockholders of re
rodikova [14]

Answer:

March 15                 Debit                Credit

Dividends                $22,470,000

Dividends Payable                         $22,470,000

March 30     No entry

April 13

Dividends Payable   $22,470,000

Cash                                                 $22,470,000

Explanation:

In order to record American Eagle's declaration and payment of cash dividends for its 214 million shares first we would require to calculate the dividends as follows:

Dividends=214,000,000 shares*$0.105

Dividends=$22,470,000

Therefore, the journal entries would be the following:

March 15                 Debit                Credit

Dividends                $22,470,000

Dividends Payable                         $22,470,000

March 30     No entry

April 13

Dividends Payable   $22,470,000

Cash                                                 $22,470,000

7 0
3 years ago
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