A common market, also known as a trade bloc, refers to a group of countries that have a common external tariff, to favor both in different areas, such as social and economic.
<h3 /><h3>Common market definition</h3>
It is necessary that some requirements are satisfied so that there is a common market between countries, which are, the elimination of tariffs on the import and export of goods and services.
There is also the free movement of goods, capital, services and labor between member countries, as well as the common adoption of trade restrictions to countries outside the group. An example of a common market is the European Union.
Therefore, the common market or trading bloc corresponds to a formal agreement between countries generating greater efficiency, economies of scale, increased innovation and the capacity for economic growth.
The correct answer is:
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Answer:
A) Shering's operating activities reported a $490,000 pretax profit, and since their tax rate is 40%, their taxes = $490,000 x 40% = $196,000
B) Shering only has to include 30% of the dividends received from Tank as taxable income = $20,000 x 30% = $6,000, plus the $20,000 from bonds form Zig = $26,000
Shering will owe $26,000 x 40% = $10,400 in taxes, and its after tax income = $40,000 - $10,400 = $29,600
Answer:
Asset turnover 1.42
Return on assets 0.39%
Explanation:
Here, we are asked to calculate the asset turn over and the return on assets.
Mathematically;
Asset turnover = Net sales/Average total assets
Net sales = $35,497
average total assets = (25,633+24,244)/2 = 24938.5
Asset turnover = 35,497/24938.5 = 1.42
The return on assets can also be calculated mathematically.
mathematically, return on assets = Net income/Average total assets
Net income = $98
Average total assets = 24,938.5 from above
= 0.0039 or 0.39%
Answer:
4. Agility and Alignment
Explanation:
Based on the information provided within the question it can be said that these factors will help a company foster Agility and Alignment. This means that the company will be able to able to rapidly adapt to the inevitable changes that occur by changing up it's business configuration instantly, as well as being completely organized in every aspect of the business structure.
The correct answer to that question would be A. Materials that help you acheive goals.
