Answer: Because of increase in pressure from the local governments to employ locals and the increase in costs of expatriate staffing, especially when the firm has to pay taxes for the workers of the parent-company in both countries.
Explanation:
Most MNCs usually start their operations in a region by selecting primarily from their pool of managers. With the passage of time and increase in internationalization, multinational corporations move to a regiocentric or polycentric policy because of
• increasing pressure which could either be implicit or explicit from local governments to employ locals or legal restraints on using expatriates.
• the greater costs of staffing of expatriate especially when tax has to be paid for the parent-company workers in both countries.
The important consideration for this company is that they
should think or have at least the idea of the patents, trade secrets and
copyrights are being treated differently by the countries in which is one way
of helping them of how they should struggle or do their way of doing things.
Answer: 1. False
2. True
Explanation:
1. Compound Interest allows an investor to earn money on the interest that has already accrued to the investment instead of just on the original investment like Simple interest. For this reason, the future value of compound interest will always be larger than simple interest for the simple reason that Compound interest is being charged on an amount larger than the amount being used for Simpler interest.
2. The process of compound interest does indeed allow a depositor/ investor to earn interest on any interest earned in prior periods. For instance, if the interest rate on a $500 saving is 10% per annum and it is using Compound interest, in the first year the interest earned will be,
= 10% * 500
= $50
In the second year the interest earned will be,
= 10% * 500 + the previous year interest
= 10% * 550
= $55
Notice how the interest has increased.
Answer:
C) Other revenues and gains.
Explanation:
Other comprehensive income and comprehensive income items are reported under comprehensive income statement that is prepared after calculation of net income.
The question is incomplete. The complete question is as follows,
At December 31, 2011 the accounting records of Gordon, Inc. contain the following items:
Accounts Payable 2500
Land 30000
Building 31250
Notes Payable ?
Retained earnings 125000
Accounts Receivable 18750
Cash ?
Equipment 40000
Capital Stock 12500
If the Notes Payable is $10,000, the December 31, 2011 cash balance is:
Answer:
Cash = $30000
Explanation:
The accounting equation states that the sum of total assets is always equal to the sum of total liabilities plus total equity. We can state the equation as follows,
Total Assets = Total Liabilities + Total Equity
So,
(30000 + 31250 + 18750 + 40000 + Cash) = (2500 + 10000) + (125000 + 12500)
120000 + Cash = 12500 + 137500
Cash = 150000 - 120000
Cash = $30000
