The benefits of adopting ABC/ABM are higher for companies in competitive markets because <u>accurate product cost info is essential and ABM can pinpoint opportunities for cost saving.</u>
A competitive marketplace is a structure in which no single purchaser or manufacturer has the electricity to influence the market. Its response to delivery and demand fluctuates with the supply curve, an illustration of a product's quantity.
The 4 popular styles of market systems encompass the best competition, oligopoly market, monopoly marketplace, and monopolistic competition.
In economics, in particular trendy equilibrium theory, a really competitive marketplace, additionally known as an atomistic marketplace, is defined by way of numerous idealizing situations, together known as perfect opposition, or atomistic opposition.
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A poor country might benefit from foreign portfolio investment or foreign direct investment as they will get new varieties of capital inputs through FDI, it will also benefit by getting human capital development, and more and more profit will be generated through taxes.
Foreign direct investment allows the transfer of technology in the form of new varieties of capital inputs, FDI also promotes a higher level of competition in the domestic market of inputs.
Recipients of FDI or we can say the poor country generally gain employee training in the course of operating the new businesses, which leads to a human capital development in the host country.
Profits are also generated by the FDI always contribute to corporate tax revenues in the host country or the poor country.
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Answer:
d. $44,700
Explanation:
The preparation of the Cash Flows from Operating Activities - Indirect Method is shown below:
Cash flow from Operating activities - Indirect method
Net income $40,000
Add : Depreciation expense $8,000
Less: Decrease in accounts payable -$1,800
Add: Decrease in merchandise inventory $2,500
Less: Increase in accounts receivable -$4,000
Net cash flows from operating activities $44,700
The long term liabilities and the common stock is not relevant. Hence, ignored it
Answer:
Accounting
Explanation:
Accounting is a vital part of every business, and it is related to proper collecting, analyzing, managing and communicating financial information. Being such an essential part of businesses, it is always defined and regulated by appropriate entities (state agencies and other regulators).
Accounting is done by an accountant or a bookkeeper, who is the person in charge of generating the needed reports and summarizing the financial data in the proposed manner.
I guess the correct option is letter C.
Current liabilities = $11,700 - $5,000 - $3,500 = $3,200
Therefore,
Current assets = $3,200 + $1,400 = $4,600