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maxonik [38]
3 years ago
9

Born global firms are _______. Question 2 options: A. companies that forgo the domestic focus stage of the internationalization

process B. companies that focus mainly on running a trade surplus C. young companies that internationalize early in their evolution D. young companies that focus on the ratio of production costs rather than the absolute cost of production
Business
1 answer:
tia_tia [17]3 years ago
7 0

Answer:

C. young companies that internationalize early in their evolution

Explanation:

  • A born global is a global business organization that, from to seek inception and to derive a significant advantage from the use of local resources and also tends to promote the sale of outputs in various multiple countries.  
  • Like Google is an MNC that has made many early attempts to be born global as they have their headquarters in many countries.
  • Zara is also one of the boun global companies that are the largest fashion retailer in the market.
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Universal Foods issued 10% bonds, dated January 1, with a face amount of $176 million on January 1, 2021 to Wang Communications.
natima [27]

Answer:

January 1, 2021

Dr Investment in bonds $176 million

Cr Discount in Investment in bonds $24,226,136

Dr Cash $151,773,864

June 30, 2021

Dr Cash $8,800,000

Dr Discount in Investment in bonds $897,538

Cr Interest Revenue $9,607,538

December 31, 2028

Dr Cash $8,800,000

Dr Discount in Investment in bonds $897,538

Cr Interest Revenue $9,607,538

Explanation:

1. to 3. Preparation of the journal entries to record the purchase of the bonds by Wang Communications on January 1, 2021, interest revenue on June 30, 2021 and interest revenue on December 31, 2028

January 1, 2021

Dr Investment in bonds $176 million

Cr Discount in Investment in bonds $24,226,136

($151,773,864-$176 million)

Dr Cash $151,773,864

(To record purchase of bonds)

June 30, 2021

Dr Cash $8,800,000

($176 million*10%/2)

Dr Discount in Investment in bonds $897,538

($24,226,136/30)

Cr Interest Revenue $9,607,538

($8,800,000+$897,538)

(To record Interest Revenue)

December 31, 2028

Dr Cash $8,800,000

($176 million*10%/2)

Dr Discount in Investment in bonds $897,538

($24,226,136/30)

Cr Interest Revenue $9,607,538

($8,800,000+$897,538)

(To record Interest Revenue)

Present value of an ordinary annuity of $1 n=30 I=6%

Present value of an ordinary annuity of $1 =13.76483

Present value of $1 n=30 I=6%

Present value of $1=0.17411

Interest ($176 million *5%*13.76483) $121,130,504

Principal ($176 million*0.17411) $30,643,350

=$151,773,864

5 0
3 years ago
Your grandmother asks for your help in choosing a certificate of deposit​ (CD) from a bank with a​ one-year maturity and a fixed
CaHeK987 [17]

Answer:

1.97% and 2.01%

Explanation:

The computation of the effective annual rate is shown below:-

Effective annual rate = (1 + Annual percentage rate ÷ n)^n -1

For CD 1

= (1 + 0.0195 ÷ 12)^12 - 1

= (1 + 0.001625 )^12 - 1

= (1.001625 )^12 - 1

= 1.97%

For CD 2

= (1 + 0.02 ÷ 2)^2 - 1

= (1 + 0.01 )^2 - 1

= (1.01)^2 - 1

= 2.01%

CD 2 will recommend to the grandmother

3 0
4 years ago
On September 1, 2021, Hiker Shoes issued a $112,000, 8-month, noninterest-bearing note. The loan was made by Second Commercial B
Dahasolnce [82]

Answer: 11.88%

Explanation:

Hiker's effective interest rate on this loan will be calculated as:

Interest = Amount × Discount rate × 8/12

= 112000 × 11% × 8/12

= 112000 × 0.11 × 0.667

= 8217.44

= 8217 approximately

Effective interest rate will then be:

= (Interest / Amount - Interest) × 12/8

= 8217 /(112000 - 8217) × 3/2

= 8217/103783 × 1.5

= 0.0791748 × 1.5

= 0.1187622

= 11.88%

6 0
3 years ago
Need help please !!!
Finger [1]
The answer is c. Corporate taxes
3 0
3 years ago
Which of the following BEST explains why the United States government regulates marketers' anticompetitive behavior?
r-ruslan [8.4K]

The government regulates anti competitive behavior to promote the welfare of the country's economic system. Before the anti-competitive laws were passed, large monopolies controlled markets and drove up prices and eventually hurt the economy.

8 0
4 years ago
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