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3 years ago

Impact of 2020 lockdown on world's business economy?

1 answer:

6 0

Many businesses have been forced to reduce operations or shut down, and an increasing number of people are expected to lose their jobs.
Companies in the services industry, a major source of growth to many economies, were among the hardest hit in the coronavirus pandemic.
Manufacturers have also been hit, and world trade volume could once again plummet this year.
“Lockdown,” brought much of global economic activity to a halt, hurting businesses and causing people to lose their jobs.

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How's everyones day? (Match the career with the career clusters.

Advocard [28]

I am figuring this question out for you! one moment please

Explanation:

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3 years ago

On January 1, 2014, P Company purchased an 80% interest in S Company for $616,800, at which time S Company had retained earnings

Illusion [34]

Answer:

For the year ended December 31, 2014, we have:

Controlling interest in consolidated net income = $76,560

Noncontrolling interest in consolidated net income = $19,140

Explanation:

This can be calculated as follows:

Net income of S Company = $95,700

Controlling interest percentage = P Company percentage interest in S Company = 80%

Noncontrolling interest percentage = 100% - Controlling interest percentage = 100% - 80% = 20%

Therefore, we have:

Controlling interest in consolidated net income of S Company = Controlling interest percentage * Net income of S Company = 80% * $95,700 = $76,560

Noncontrolling interest in consolidated net income of S Company = Noncontrolling interest percentage * Net income of S Company = 20% * $95,700 = $19,140

Therefore, for the year ended December 31, 2014, we have:

Controlling interest in consolidated net income = $76,560

Noncontrolling interest in consolidated net income = $19,140

7 0

3 years ago

Competitive markets ______ goods with positive externalities and ______ goods with negative externalities. Group of answer choic

balandron [24]

Answer:

underprovide; overprovide

Explanation:

A good has positive externality if the benefits to third parties not involved in production is greater than the cost. an example of an activity that generates positive externality is research and development. Due to the high cost of R & D, they are usually under-produced. Government can encourage the production of activities that generate positive externality by granting subsidies.

A good has negative externality if the costs to third parties not involved in production is greater than the benefits. an example of an activity that generates negative externality is pollution. Pollution can be generated at little or no cost, so they are usually overproduced. Government can discourage the production of activities that generate negative externality by taxation

4 0

3 years ago

During the year, the Senbet Discount Tire Company had gross sales of $865,000. The firm’s cost of goods sold and selling expense

Svetllana [295]

Answer:Net Income = $68,730 ; Operating cash flow=$181,730

Explanation:

Gross sales $865,000

Less:

Cost of good sold $455,000

selling Expenses $210,000

Total $200,000

Interest on notes $200,00 X 4% = 8,000

Depreciation $105,000

EBT $87,000

( $865,000- $455,000- $210,000- $8,000 - $105,000 )

less tax at 21% $18,270

(87,000 x 0.21)

Net Income $68,730

(87,000 - 18,270)

b) Operating cash flow = Net income + depreciation + interest

$68,730 + $105,000 + $8,000 =$181,730

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3 years ago

A CEO urges employees to buy stock in the company and then sells his/her personal stock because of

Sedbober [7]

D because if he’s asking employees to buy stocks it means he’s trying to increase his stock to decrease his chances of needing a raise which which is more expensive

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3 years ago