Explanation:
The management of Boulders Mall made use of the media to offer an apology for what happened in the shopping center, making it clear that there was not actually an act of discrimination due to the way the man dressed in traditional Ndebele clothes dressed and clarifying that in no case At the time, man was discriminated against because of his culture or his traditions.
This was a public way of "calming" the controversies and upsets that could have been generated in many people, because we must remember that this type of action can generate rejection by the community towards the shopping center and generate great economic losses.
Banks are for-profit, meaning they are either privately owned or publicly traded, while credit unions are nonprofit institutions. ... This means members generally get lower rates on loans, pay fewer (and lower) fees and earn higher APYs on savings products than bank customers.
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The CEO was most likely referring to the following efforts : <u>d) a distribution center established in London to preempt the growth of a British car manufacturer</u>.
<u>Explanation</u>:
The company establishing its trade and investment activities across the national borders is known as international business.
The following are some of the factors of production:
i) Manufacturing infrastructure
ii) Technology
iii) Managerial talent
It is important for a company to take more effort and establish its distribution center overseas to confront the international competitors. In the above scenario, the CEO decided to establish his distribution center in London to block the growth of a British car manufacturer.
Answer:
Explanation:
For passing the journal entry, first, we have to compute the predetermined overhead rate to know that whether the overhead is under applied or over applied.
Predetermine overhead rate = Estimated overhead cost ÷ direct labor cost
= $118,500 ÷ $125,600
=0.94
Now, we can compute the under applied or over applied overhead which is shown below:
= Actual direct labor cost × Pre determined overhead rate - actual overhead
= $115,800 × 0.94 - $108,000
= $108,852 - $108,000
= $852
Since the amount is in positive, so it is over applied overhead and the journal entry is given below:
Manufacturing overhead A/c Dr $852
To Cost of goods sold $852
(Being over applied overhead closed)
Answer:
$161 million
Explanation:
Given that,
Opening Retained earnings balance = $547 million
Ending retained earnings balance = $594 million
Dividends paid to preferred stockholders = $37 million
Dividends paid to common stockholders = $77 million
Net Income:
= Change in Retained earnings + Preferred Stock Dividend + Common Stock Dividend
= ($594 million - $547 million) + $37 million + $77 million
= $47 million + $37 million + $77 million
= $161 million