All categories

3 years ago

Why do globalization and increasing interdependence pose risks to the global

Business

1 answer:

oksian1 [2.3K]3 years ago

7 0

Answer:

B.Disruptions in one place have effects everywhere is the correct answer.

Explanation:

Globalization and increasing interdependence have increased competition among the local and international business and because of advancement in globalization, the countries are dependent on each other to get resources that created an interdependence.

As the countries to run their business are interdependent on the countries and when there is any disruption in the one place it will have its impact everywhere as they are dependent on each other for the resources due this global economy gets affected.

Globalization and increasing interdependence has also unfavorable effect on the local economies.

You might be interested in

During its first year of operations, Ivanhoe Company had credit sales of $2,781,600, of which $368,300 remained uncollected at y

Sergeeva-Olga [200]

Answer:

Explanation:

The journal entry to record the bad debt expense is shown below:

Bad debt expense A/c Dr $19,340

To Allowance for doubtful debts $19,340

(Being estimated uncollectible amount is recorded)

For recording this journal entry, we debited the bad debt expense account and credited the Allowance for doubtful debts so that the amount is correctly recorded in the correct item.

7 0

4 years ago

If the fed expands the money supply by $1 trillion, what will happen in the money market?

natta225 [31]

<span>If the Fed expands the money supply by $1 trillion, the money market will be (letter C.) the equilibrium interest rate will fall, and more money will exchanged in equilibrium. It is because people will have more money to spend. Some would choose to use this money to buy goods and services while other opt to put their money in banks which may lead to lower interest rates to persuade people in borrowing. </span>

4 0

3 years ago

Benton Lamps applies overhead using direct labor hours. Budgeted total overhead cost was $472,000 and estimated direct labor hou

GREYUIT [131]

Answer:

Allocated MOH= $158,000

Explanation:

Giving the following information:

The standard direct labor quantity is 4 hours per lamp, and the company produced 9,800 lamps in January. This required 39,500 direct labor hours.

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 4*39,500= $158,000

4 0

3 years ago

Units-of-Production Depreciation Irons Delivery Inc. purchased a new delivery truck for $42,000 on January 1, 2019. The truck is

solmaris [256]

Depreciation Expense for 2019 is $10,800 while Depreciation Expense for 2020 is $9,720

Rate of Depreciation = (Cost - Residual Value) ÷useful life

= ($42,000 - $2,000) ÷ 150,000 miles

= $0.27

Depreciation Expense = Rate of Depreciation x unit of miles during the period

So,

Depreciation Expense for 2019 = $0.27 x 40, 000

= $10,800

Depreciation Expense for 2020 = $0.27 x 36,000

= $9,720

Journal entries to record depreciation expense

Date Account titles and explanation Debit Credit

2019 Depreciation Expense $10,800

Accumulated Depreciation $10,800

Date Account titles and explanation Debit Credit

2020 Depreciation Expense $9,720

Accumulated Depreciation $9,720

See similar questions here: brainly.com/question/22525382

8 0

3 years ago

A bank that provides overdraft protection charges 7 percent for each $100 (or portion of $100) borrowed when an overdraft occurs

kobusy [5.1K]

Answer:

Interest = ( 100 + 100 + 100) × 0.07 = $21

The answer reflects 3 increments of $100

Explanation:

Overdraft which is essentially the extension of credit from a bank when an account balance reaches zero. The credit extension allows the accountholder to continue withdrawing money from the account, despite its zero balance.

5 0

4 years ago

Read 2 more answers