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weeeeeb [17]
3 years ago
5

When firms expand into global markets, they are faced with the choice of reducing costs and/or adapting to the local market. Whe

n high pressures exist to lower costs, companies should choose a(n) __________ strategy or __________ strategy in order to compete in the global marketplace.
Business
1 answer:
lorasvet [3.4K]3 years ago
5 0
Global strategy & transnational strategy
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All of the current year's entries for Zimmerman Company have been made, except the following adjusting entries. The company's an
bearhunter [10]

Answer:

1) adjusting entries

a. On September 1 of the current year, Zimmerman collected six months' rent of $8,520 on storage space. At that date, Zimmerman debited Cash and credited Unearned Rent Revenue for $8,520.

Dr Unearned rental revenue 5,500

    Cr Rental revenue 5,500

b. On October 1 of the current year, the company borrowed $13,200 from a local bank and signed a one-year, 12 percent note for that amount. The principal and interest are payable on the maturity date.

Dr Interest expense 396

    Cr Interest payable 396

c. Depreciation of $3,000 must be recognized on a service truck purchased in July of the current year at a cost of $24,000.

Dr Depreciation expense 3,000

    Cr Accumulated depreciation 3,000

d. Cash of $3,600 was collected on November of the current year, for services to be rendered evenly over the next year beginning on November 1 of the current year. Unearned Service Revenue was credited when the cash was received.

Dr Unearned service revenue 600

    Cr Service revenue 600

e. On November 1 of the current year, Zimmerman paid a one-year premium for property insurance, $9,960, for coverage starting on that date. Cash was credited and Prepaid Insurance was debited for this amount.

Dr Insurance expense 1,660

    Cr Prepaid insurance 1,660

f. The company earned service revenue of $4,200 on a special job that was completed December 29 of the current year. Collection will be made during January of the next year. No entry has been recorded.

Dr Accounts receivable 4,200

    Cr Service revenue 4,200

g. At December 31 of the current year, wages earned by employees totaled $13,700. The employees will be paid on the next payroll date in January of the next year.

Dr Wages expense 13,700

    Cr Wages payable 13,700

h. On December 31 of the current year, the company estimated it owed $490 for this year's property taxes on land. The tax will be paid when the bill is received in January of next year.

Dr Property taxes expense 490

    Cr Property taxes payable 490

2) Assets     = Liabilities + Stockholders’     Revenues - Expenses = Net

                                          Equity                                                          Income

a.    na               -                    +                           +               na                +

b.    na               -                    -                           na              -                   -

c.     -               na                   -                           na              -                   -

d.    na               -                    +                           +               na                +

e.     -               na                   -                           na              -                   -

f.      +              na                   +                           +               na                +

g.    na              +                    -                            na             -                   -

h.    na              +                    -                            na             -                   -

5 0
3 years ago
Firms will typically maintain a list of research and development projects ranked by expected rate of return. Expected rate of re
ddd [48]

Expected rate of return is defined as the amount of money an individual gets on investment.

<h3>What is expected return?</h3>

The expected return is the amount of profit or addition on money invested that an individual who is an investor is expected to get after a periods of time on the investment.

Therefore, expected rate of return is defined as the amount of money an individual gets on investment.

Learn more on rate of return below

brainly.com/question/16725994

#SPJ1

4 0
2 years ago
Jada, when she turned 38, made an investment of $25,000 at an interest rate of 7.8% per year, compounded every 3 months. Now tha
dimulka [17.4K]

Answer:

When Jada is 44 years, the investment will be worth $39,741

Explanation:

time will be 44 - 38 = 6

t = 6 years

compounded every 3 month means 4 times a year (12/3 = 4)

n = 4

r = 7.8%

p = $25,000

FV = P(1 + \frac{r}{n} )^ {nt}\\FV = 25000(1 + \frac{0.078}{4})^{4 * 6}\\FV = 25000(1 + 0.0195)^{24}\\FV = 25000(1.0195)^{24}\\FV = 25000 * 1.589620748\\FV = 39740.518710589\\FV = 39741

4 0
3 years ago
Williams Company plans to issue bonds with a face value of $600,000 and a coupon rate of 8 percent. The bonds will mature in 10
gulaghasi [49]

Answer:

Decide the issuance of cost of the bonds:  

The issuance cost of bonds is the sum the obliged substance raised through the issue of legally binding proclamation called bonds. The cost of securities relies on the assumed worth, time frame, the coupon rate and the market rate.  

Coming up next are three general standards regarding bonds issue cost:  

  1. On the off chance that the coupon pace of the security is equivalent to the market loan fee, at that point the security is said to be given at standard.  
  2. On the off chance that the coupon pace of the security is more prominent than the market financing cost, at that point the security is said to be given at premium.  
  3. On the off chance that the coupon pace of the security is lower than the market loan cost, at that point the security is said to be given at rebate.  

In the current case, both the coupon rate and the market premium are 8% and are equivalent. Thus, the issue cost of bonds is equivalent to the standard worth. That is $600,000.

3 0
3 years ago
Which of the following statements about free cash flow is true? A : Significant free cash flow indicates less potential to finan
spayn [35]

Answer:

The correct answer is (C)

Explanation:

Free cash flow is calculated by subtracting operating cash flow from the expenditures. Free cash flow statement also known as FCF statement is generally the amount of cash left after paying all the expenditures. As it is the leftover amount it is not reported on the cash flow statement. This free cash flow amount is used to analyse how much a company can distribute among the stakeholders.

6 0
3 years ago
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