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Elden [556K]
3 years ago
8

Dragon Autos Inc., an automobile company based in the country of Bear Island, made a capital investment of $300,000 to set up pr

oduction units and distribution channels in the country of Westerland from where it plans to access the Westerland market. Such investments are best known as_________.
Business
1 answer:
Irina18 [472]3 years ago
5 0

Answer:

Foreign direct investment

Explanation:

Foreign direct investment (FDI) refers to a situation where a firm from country A invests in business in country B. Generally speaking FDI takes place when a firm acquires at least 10% of a business in another country.

In this case Dragon Autos is a company that is based in Bear Island (country A) that is investing $300,000 in the country of Westerland (country B).

FDI amounts to $253.6 billion in the US economy.

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Ostrovityanka [42]
To start their own business, usually this supports their local economy however still depending on their success. 
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Which of the following choices is not considered a revenue producing business enterprise?
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<span>b. public schools is the answer i did the test.</span>
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Calculate Payroll An employee earns $44 per hour and 1.5 times that rate for all hours in excess of 40 hours per week. Assume th
Marrrta [24]

Answer: $1750

Explanation:

Given Data

Earnings = $44/ hr

Overtime Earnings = 1.5 times Of $44

= $66

Hours worked during the week = 55 hrs

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Medicare tax rate = 1.5%

Federal income tax = $633

Therefore:

Gross pay = Normal pay + overtime pay

Normal pay

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= $1760

Overtime pay

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= $990

Gross pay = $1760 + $990

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Social security tax

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Medicare tax

= 0.015 * $2750

= $41.25

Total tax

= $633 + $41.25 + $165

= $839.25

Net pay

= $2750 - $839.25

= $1910.75

6 0
3 years ago
The environment of business impacts all of the other environmental influences
bija089 [108]

Explanation:

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hope it will help you

7 0
2 years ago
Luke Corporation issued at a premium of $5,000 a $100,000 bond issue convertible into 2,000 shares of common stock (par value $2
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Answer:

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Conversion of Equity Shares = 2000 * $20 = $40,000

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            Journal Entries

Account Title & Explanation     Debit     Credit

Bond Payable Account            $100000

Unamortized Premium             $2000

    Common Stock                                     $40000

    Paid in Capital in Excess of par           $62000

(To record conversion of Bonds)

8 0
3 years ago
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