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netineya [11]
3 years ago
9

What is a sinking fund?

Business
1 answer:
rosijanka [135]3 years ago
4 0
A fund formed by periodically setting aside money for the gradual repayment of a debt or replacement of a wasting asset.
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Access to local partner's knowledge and shared development costs and risks are advantages of which foreign market entry mode
balandron [24]
Joint ventures have access to local partner's knowledge and shared development costs and risks are advantages in this foreign market entry mode. A joint venture often gives companies access to new markets. Two or more companies come together to benefit themselves and stay their own company. 
4 0
3 years ago
A bank run involves:
Aleonysh [2.5K]

Answer:

The correct answer is letter "B": large numbers of depositors withdrawing their deposits within a short period of time.

Explanation:

A bank run is a situation in which account holders massively withdraw their funds under the fear the financial institution will lose its liquidity. The situation gets to a point in which the bank is at risk of sensing all its reserves and fail to provide all its clients the money they deposited.

In the U.S. financial institutions with deposits between $16 and $122.3 million must have a minimum reserve of 3%. When the deposits exceed $122.3 million the minimum reserve increases to 10%. The rest of the money is reinvested by banks.

5 0
3 years ago
Mining scenario A mining company owns two mines, each of which produces three grades (high, medium, and low) of ore. The company
Sergeeva-Olga [200]

Answer:

the lowest operating cost is achieved when mine 1 is operated for 0 hours and mine 2 is operated for 2 hours.

Explanation:

Mining hours of mine 1: M1

mining hours of mine 2: M2

Objective function: Minimize operating cost < 200M1 + 160 M2

Explicit constraints:

6M1 + 2M2 ≥ 12

2M1+ 2M2≥ 8

4M1+ 12M2 ≥ 24

Implicit constraints:

M1> 0

M2>0

See the attachment for feasible region

The coordinates of feasible region are (0,0), (2,0),(0,2),(1.5,1.5)

To maximize cost substitute each of these coordinates in objective function

for(0,0)

cost=0 (neglect this cost since M1>0 and M2 >0)

for(2,0)

cost= 320

for (0,2)

cost= 400

for (1.5,1.5)

cost= 540

the lowest operating cost is achieved when mine 1 is operated for 0 hours and mine 2 is operated for 2 hours

8 0
3 years ago
The following totals for the month of June were taken from the payroll register of Xenos Company:
Elza [17]

Answer:

c. debit to Payroll Tax Expense for $1,050.

Explanation:

The payroll tax expense includes various expense like - Social security tax payable, medicare tax payable, unemployment tax payable, etc.

So, we consider these items only.  

The journal entry is shown below:

Payroll expense A/c Dr XXXXX

      To Social security taxes payable A/c XXXXX

      To Medicare taxes payable A/c XXXXX

(Being payroll expense is recorded)

All other information which is given is not relevant. Hence, ignored it

3 0
3 years ago
Which of the following is not an element required for bringing a negligence claim?
mina [271]
<span>Which of the following is not an element required for bringing a negligence claim? Assumption of risk. The four elements required for a negligence claim are: duty, breach of duty, proximate cause and injury or damages. Negligence is defined as not taking proper care of something resulting in injury or harm to something or someone else.</span>
7 0
3 years ago
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