Which of the following would NOT be considered a characteristic of a developed nation?

What do you think the challenges are for working with team members from around the world?

Serhud [2]

Not knowing the different languages

8 0

3 years ago

Exercise 9-1 Classifying liabilities LO C1 The following items appear on the balance sheet of a company with a one year operatin

nignag [31]

Answer:

1. Notes payable (due in 13 to 24 months) - L

Long term because period of payment is over a year.

2. Notes payable (due in 6 to 11 months). - C

Current because period of payment is under a year.

3. Notes payable (mature in five years). - L

Long term because it will mature after a period of a year.

4. Current portion of long-term debt. - C

Current because it deals with payment for the year.

5. Notes payable (due in 120 days). - C

Current as it matures in less than a year.

6. FUTA taxes payable - C

Taxes are for a single period making them current.

7. Accounts receivable - N

This is an asset not a liability

8. Sales taxes payable. - C

As this is this for the year, it is current.

9. Salaries payable. - C

For the period so they are a current liability.

10. Wages payable - C

Concern one period so are a current liability.

7 0

3 years ago

When Lofonift Inc. introduced its flagship product, an MP3 player, it captured the MP3 player market by offering its product at

mestny [16]

Answer:

Predatory pricing.

Explanation:

When Lofonift Inc. introduced its flagship product, an MP3 player, it captured the MP3 player market by offering its product at the lowest price in the market. This gradually forced many of its competitors out of business. Once its competitors were out of business, Lofonift Inc. raised its prices. In this scenario, Lofonift Inc. most likely indulged in predatory pricing.

Predatory pricing is a strategy used by some business owners to reduce the cost of a particular commodity or item to the lowest possible amount such that the available competitors will be driven out of business.

8 0

3 years ago

Wendell’s Donut Shoppe is investigating the purchase of a new $40,000 donut-making machine. The new machine would permit the com

Komok [63]

<u>Solution and Explanation:</u>

<u> Answer:1</u> The total annual cash inflows associated with the new machine for capital budgeting purposes is:

$=\$ 5200+(2000 * \$ 2.40 \text { per dozen })$

=$10000

<u>Answer:2 </u>The internal rate of return promised by the new machine to the nearest whole percent is:

Particulars Year Amount ($)

Cash outflow 0 -40000

Cash inflow 1 10000

2 10000

3 10000

4 10000

5 10000

6 10000

IRR 13%

=13% using IRR function in excel.

<u>Answer:3</u> IRR=17%

with salvage value

Particulars Year Amount ($)

Cash outflow 0 -40000

Cash inflow 1 10000

2 10000

3 10000

4 10000

5 10000

6 22000

IRR 17%

using IRR function in excel.

5 0

3 years ago

A basic objective of a CPA firm is to provide professional services that conform with professional standards. Reasonable assuran

Vsevolod [243]

It should be noted that basic objective of a CPA firm is to provide professional services, and this is done by system of quality control.

With the establishment of quality control policies as well as procedure, reasonable assurance can be provided.

<h3>What are objective of a CPA firm?</h3>

The objective of a CPA firm is to be in control of the system and regulate the system activities.

objective of a CPA firm at;

brainly.com/question/14175988

6 0

2 years ago