By the year 2014, 160 nations had become members of the World trade organization.
<h3>What is the WTO?</h3>
This is an acronym that stand for the The World Trade Organization. The body is the one that is responsible for global trade in all of these 160 countries that are members.
Its basic function is the enforcing of the rules and the regulations that guide global trade.
Read more on the WTO here:
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Answer:
Journal entry that Parent will make on the date of acquisition to record the investment in Son Inc. is <u>$1035000.</u>
Explanation:
Journal entry Parent make on the date of acquisition to record the investment in Son Inc.
The net worth of Son’s Inc. is $ 1150000. The parent acquires 90 % of it . So we assume that 90 % stock is held by parent for $ 1035000.
Answer:
b. decrease
Explanation:
In the EOQ model, if carrying costs increase while all other costs remain unchanged, the number of orders placed would be expected to <u>decrease</u>.
Carrying cost is placed in denominator of the EOQ formula hence as we increase denominator the total quantity will fall. If the carrying cost is high, then we would place lesser order to reduce such costs.
Also, if carrying costs decrease while all other costs remain unchanged, the number of orders placed would be expected to decrease because there is already excess of inventory due to which the new orders have to be decreased to utilize the already pending inventory.
Answer:
An advantage gained by spreading fixed production costs over a large production volume.
Explanation:
Economies of scales refer to that scale where the larger quantity of an output having similar level fo fixed cost cause in less cost per unit. It could be occured from an advantage that could be benefit by distributing the fixed production cost over and above to the wider production volume
Therefore the above statement should be considered
Contact the credit card company. Communication is key. As long as she does not have a habit of being late, they may offer her a grace period.
