Answer:
SIGNIFICANCE TEST
Explanation:
Significance tests give us a formal process for using sample data to evaluate the likelihood of some claim about a population value . The significance level for a given hypothesis test is a value for which a P-value less than or equal to is considered statistically significant. Typical values for are 0.1, 0.05, and 0.01. These values correspond to the probability of observing such an extreme value by chance
Answer:
Through reading the article,it is obvious that Motorola was exposed to a very different market. This market has a culture to that of the Middle East and the most dominant business families were of Italian decent.Therefore, Motorola should have researched more into the Middle Eastern way of conducting business and the culture.I believe that Motorola invested way too much and jumped on the mere fact that there could be a promising opportunity for them in Turkey. Not only an opportunity would open up in them in Turkey,but they also were eager for the vast breach of the market in that region. If Motorola had done the needed research for such a deal, they would have a voided that. In any cross border business negotiations,its crucial that the company has to understand the local laws of the country they are conducting business in. As we have seen many companies suffering in Cuba and other unstable countries where corruption is present.As for the strategic mistake, they could have done as after deal as i have learned in International Business; the best market penetration strategy in foreign countries is usually joint ventures or strategic alliances.So Motorola could have taken an alternate path that would have been a safer resort for them to achieve what is in their best interest and help them reach their goal.
Answer:
c. Credit to Dividends for $440.
Explanation:
The second closing entry is
Retained earnings $440
To Dividend $440
(being the dividend account is closed)
Here the retained earnings is debited as it decreased the stockholder equity and the dividend is credited as it is closed
Also the first closing entry represent the closing of revenues and expenses
Therefore the option c is correct
Answer:
$200,000
Explanation:
The computation of the net revenue is shown below:
= Cash sales gross - Returns and allowances + credit sales gross - discounts + beginning balance of account receivable - ending balance of account receivable
= $80,000 - $4,000 + $120,000 - $6,000 + $40,000 - $30,000
= $200,000
We simply first compute the net cash sales after considering the returns and allowances, and net credit sales after considering the discounts, and deduct the ending balance of account receivable
