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4 years ago

Former communist nations present opportunities to Western international business as these nations show continued commitment to

Business

1 answer:

Arisa [49]4 years ago

8 0

Answer:

democracy

Explanation:

Former communist nations of Asia and Europe tend to share the same purpose of committing to free market economics and democratic politics. Even though they are somewhat undeveloped, it is important to note that because of their belief on democratic politics, they show continuous support to Western International businesses for the nation's commitment to democracy.

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Exercise 5-66 Bad Debt Expense: Percentage of Credit Sales Method Gilmore Electronics had the following data for a recent year:

Stels [109]

Answer: Debit Bad debt expense $11,264, Credit Allowance for bad debt $11,264; Debit Allowance for bad debt $9,650, Credit Accounts receivable $9,650.

Explanation: Percentage of credit sales method means bad debt expense expressed as a percentage of sales.

The estimated bad debts rate is 2.2%, which translates to 2.2% of $512,000 (credit sales) = $11,264. The firm has to record this, being the estimated bad debts rate, as Debit to bad debt expense and Credit to allowance for bad debt. However, accounts receivable that was deemed uncollectible is $9,650. This amount would be taken out from the buffer in allowance account by debiting allowance for bad debt and crediting accounts receivable.

5 0

3 years ago

Identify each CTSO from its description

Roman55 [17]

Answer:

identifico a gato población feo

Explanation:

la respuesta es pelagato

6 0

3 years ago

International Paper Company, MeadWestvaco, and Rubicon, Ltd. Work together and found ArborGen, a new biotechnology company that

Pachacha [2.7K]

Answer: Joint venture

Explanation: A joint venture can be defined as a business entity, that is created by two or more firms by shared ownership or sharing in risk and returns. The joint venture is usually done by the firms for targeting new emerging markets to increase their customer base.

In the given case, Arboren is a new company and is formed by the joint ownership of three existing firms.

Hence, from the above we can conclude that this is an example of Joint venture.

4 0

3 years ago

As part of a valuation analysis, you have identified two comparables: KLA Tencor (KLA) and Lam Research (LAM). KLA has company v

True [87]

Answer:

The correct option is 20 and 12. That is, the P/E ratios for KLA and LAM should be, respectively: 20 and 12.

Explanation:

The price-earnings (P/E) ratio can be calculated using the following formula:

P/E ratio = Market value of equity / Net income ............... (1)

From the question. we hav:

KLA market value of equity = $8,000

KLA net income = $400

LAM market value of equity = $6,000

LAM net income = $500

Using equation (1) and the above information, we have:

P/E ratios for KLA = $8,000 / $400 = 20

P/E ratios for LAM = $6,000 / $500 = 12

Therefore, the correct option is 20 and 12. That is, the P/E ratios for KLA and LAM should be, respectively: 20 and 12.

5 0

3 years ago

Which of the following is most likely to be true of keep-or-drop decisions? It focuses on whether a specially priced order shoul

irga5000 [103]

Answer: The correct answer is "It focuses on whether the sale of a product line should continue or be stopped.".

Explanation: The statement "It focuses on whether the sale of a product line should continue or be stopped." is most likely to be true of keep-or-drop decisions, because this type of decisions are those that involve the keep or dropping a segment of a business.

5 0

3 years ago