Rebecca sells her personal scooter = $550
And she purchased three years ago for $700
loss in the selling of scooter = $700 - $550
= $150
she sell painting for $1200
and he purchased that painting five years ago = $900
profit = $1200 - $900
$300
So $300 - $150 = $150
She still get benefit on selling both things
Answer:
Dr Lawsuit Expense 305,090
Cr Lawsuit Liability 305,090
Dr Lawsuit Loss 112,720
Cr Lawsuit Liability 112,720
Explanation:
Preparation of Journal entries
Based on the information given we were told that Buchanan had to paid the amount of $305,090 for damages which means that the Journal entry will be:
Dr Lawsuit Expense 305,090
Cr Lawsuit Liability 305,090
Based on the information given we were told that he was considering to establish the amount of $112,720 as a self insurance allowance which means that the Journal entry will be:
Dr Lawsuit Loss 112,720
Cr Lawsuit Liability 112,720
Answer:
Lorland
Zhangia
sandals
smoothies
Explanation:
A country should specialise goods for which it has a comparative advantage in its production.
A country should import goods for which it has no comparative advantage in its production.
A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.
Lorland
Opportunity cost in the production of one smoothie = 8/2 = 4
Opportunity cost in the production of one sandal = 2/8 = 0.25
Zhangia
Opportunity cost in the production of one smoothie = 5/1 = 5
Opportunity cost in the production of one sandal = 1/5 = 0.2
Zhangia has a comparative advantage inn the production of sandals and should specialise in the production of sandals while lorland has a comparative advantage in the production of smoothies specialise in the production of smoothies
Loriland should import sandals and export smoothies
Answer:
Thomas Hodel helps Black Diamond by increasing the company’s global mind set because he brings a European perspective to the U.S. based business. When Thomas says, "It takes a long time to really figure out the differences in Europe," he is speaking of using the cognitive aspect of cultural intelligence (CQ).
One wold have told the following about the greenfield ventures:-
B) More than any other direct investment strategy, a greenfield venture gives a company complete control over the operation.
C) Because BD makes mountaineering equipment that users depends on for their lives, the risks of a greenfield venture are offset by the advantages.
Explanation:
Thomas Hodel helps 'Black Diamond' by increasing the company’s global mind set because he brings a 'European' perspective to the U.S. based business. When Thomas says, "It takes a long time to really figure out the differences in Europe," he is speaking of using the cognitive aspect of cultural intelligence (CQ).
A green field investment is a foreign direct investment known as FDI. If a company mentions that it would use the FDI route, it means that they are they are building their operations from start to finish with a foreign country.
They will construct distribution warehouses, offices and living areas for their workers that travel to the foreign country to work. So, statements B and C are correct.
