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Pavlova-9 [17]
4 years ago
8

Which of the following would a defender of globalization most likely use as an example to argue that concerns of Americanization

are overblown and that globalization is indeed a two-way street?
A) the view of McDonald's being a domestic brand in China
B) the growing popularity of coffee in China since the introduction of Starbucks
C) the growing number of IKEA furniture stores in the United States
D) the initial failure of Disneyland Paris
E) the anti-globalization protests aimed at KFC
Business
1 answer:
Drupady [299]4 years ago
4 0

Answer: C) the growing number of IKEA furniture stores in the United States

Explanation:

IKEA is a very popular furniture chain in the United States that keeps rising in popularity as well as adding new locations. However, it is not an American company but rather a Swedish company with it's headquarters in The Netherlands. This shows that as American companies such McDonald's, Disney and Starbucks are spreading around the world, so also are foreign companies spreading in the USA.

The defender of Globalization can point to this and show that the Americans are not only spreading around the world, but have foreign companies spreading amongst them as well making it a 2 way street.

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INCOME STATEMENT Patterson Brothers recently reported an EBITDA of $7.5 million andnet income of $2.1 million. It had $2.0 milli
VLD [36.1K]

Answer:

$ 1.75 million

Explanation:

EBITDA stands for Earnings  Before Interest, Tax, Depreciation and Amortization. Net Income is Earnings after Interest, Tax, Depreciation and Amortization.

So to find charge for depreciation and amortization we need to reconcile the EBITDA to the Net Income and find the missing figures,

<u>Reconciliation of EBITDA to the Net Income</u>

EBITDA                                                                                $7.5 million

Less Net income                                                               ($2.1 million)

Interest, Tax, Depreciation and Amortization                  $5.4 million

Less Interest expense                                                      ($2.0 million)

Less Corporate tax ($7.5 million - $2.0 million) × 30%  ($1.65 million)

Charge for depreciation and amortization                      $ 1.75 million

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Ryan is a manager at Steve's Stoneworks, Inc. Hersey and Blanchard would consider most of Ryan's subordinates highly ready based
melamori03 [73]

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B. Delegating

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