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lapo4ka [179]
2 years ago
9

"shoes international is a global nonprofit organization" that works with schools and various companies to donate shoes to childr

en in poverty throughout the world. shoes international is an example of a ____.
Business
1 answer:
Phantasy [73]2 years ago
4 0

Answer:

multinational organization

Explanation:

As it is a non-profit it is not a corporation and because, it made operations and transaction around the globe. Therefore, it should be considered multinational as it is not constraint within the frontiers of a single country.

The most famous multinational organization, are the christian organization like:

  • Catholic Charities U.S.A
  • The Salvation Army
  • The Young Men’s Christian Association (YMCA)
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On January 1, 2020, Bonita Company purchased 12% bonds, having a maturity value of $320,000 for $344,260.74. The bonds provide t
Delvig [45]

Answer:

Following are the responses to the given points:

Explanation:

For point a:

Criteria I                                    

Date: 1-1.2020                 Debt Investments                    \$3,44,260.74

                                         cash                                       \$3,44,260.74

For point b:

Criteria  II

Date: 31.12.2020                Interest Account receivable to pay \$38,400.00   \ \ \ \ \ \ \ \ \ \            320000\times 12\%

                                    Debt Investments   \$3973.93

                                   rate of Revenue          \$34,426.07(\$344,261.74 \times 0.10)                                        

31.12-2020                         Fair Value Adjustment                        1713.19

                       Gain or loss - equity unrealized holding          1713.19                          

for point c:

Criteria III

31.12-2021                       Interest Account receivable to pay          \$38,400            

                                    Debt Investments                              \$4,371

                                   rate of Revenue                       \$34,029

 

31.12-2021                   Gain or loss - equity unrealized holding    \$7,927.69

                                   Fair Value Adjustment                          \$7,927.69

                                329700-335914.50=6214.50+1713.19 =7,927.69

Please find the attached table.

8 0
3 years ago
You take out an installment loan to purchase a fishing boat costing $3,900. You make a down payment of $1,000 and finance the ba
Mazyrski [523]
APR formula = (Finance charges/total balance) x 365

Purchase price = $3,900
Downpayment = $1,000
Total financed = $2,900
Payments (36m) = $100.53
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APR formula = (Finance charges/total balance) x 365
APR = ($3619.08/2900) x 365
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6 0
3 years ago
Cash flows from investing do not include cash flows from: Multiple Choice lending money to another corporation. the sale of equi
Nuetrik [128]

Cash flows from investing do not include cash flows from : Borrowing.

<h3><u>Explanation:</u></h3>

The cash flows either inward or outward of any company refers to the Cash flow from investing activities. The long term usage of cash will be considered under this. The investing activities includes the following such as purchasing a fixed asset, selling a fixed asset. These assets includes any property, plants, equipment,etc.

The cash flows are associated with the generation or spending of amount in the investing activities. This is a section that is included in the cash flow statement of an organisation. Thus, the cash flows for investing activities will not include the cash flows from Borrowing.

7 0
2 years ago
Read 2 more answers
Leader Corporation Company uses a job-order costing system with a single plantwide pre-determined overhead rate based on machine
taurus [48]

Answer:

Selling price per unit= $196

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

<u></u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (400,000 / 50,000) + 6

Predetermined manufacturing overhead rate= $14 per machine hour

<u>Now, we can allocate overhead and calculate the total cost:</u>

<u></u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 14*100= $1,400

Total cost= 1,400 + 750 + 2,750

Total cost= $4,900

<u>Finally, the selling price per unit:</u>

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Unitary cost= 4,900/40= $122.5

Selling price= 122.5*1.6

Selling price= $196

3 0
3 years ago
Ironwood bank is offering a 30 ​-year mortgage with an APR of 6.00 % based on monthly compounding. if you plan to borrow $ 160,0
olga_2 [115]

$160000 x 1.06 = $169600

$169600 - 160000 = $ 9600 per year

$9600 / 12 = $ 800 per month

160000 / 360 month = $ 444.44 per month

800 + 444.44 = $ 1244.44 monthly peyment

4 0
2 years ago
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