Answer: Global citizens
Explanation: In simple words, an individual who have better understanding of the world operations than others are called global citizens. These individuals favor global activities with the perception that these will result in more equality around the world either directly or indirectly.
In the given case, Jane purchased a product because of its global nature despite of high prices. Therefore, she clearly is favoring globalization.
Hence, from the above we can conclude that the right option is A.
Answer:
$24,000
Explanation:
The computation of the interest expense is shown below:
= Borrowed amount × rate of interest
= $200,000 × 12%
= $24,000
We simply multiplied the borrowed amount with the rate of interest so that the interest expense could come
hence, the third option is correct
<span>This suggests that to source an ounce of chocolate is simply an easier a less costly process. It clearly suggests that chocolate is more widely produced meaning there is more supply to meet the demand. Gold however is incredibly hard to source, it is time - costly and it is found less often than coco beans. Which leads to conclude that the demand for chocolate is much higher than the demand for gold.</span>
Answer:
The company’s net income is $404,316.
Explanation:
Ivanhoe Company
Income statement for the period ended March 31, 2017
$
Sales 1,700,000
Cost of goods sold <u> (813,400) </u>
Gross Income 886,600
Depreciation expense <u>(175,000)</u>
Operating Income 711,600
Interest expense <u>(89,575) </u>
Income before Tax 622,025
Tax rate 35% <u> (217,709) </u>
Net Income <u> 404,316 </u>