Which situation has become more common as a result of globalization?

svetlana [45]

Entrepreneurship is both the study of how new businesses are created as well as the actual process of starting a new business – the term is used interchangeably.

8 0

3 years ago

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A simple economy produces two goods, Corn BreadCorn Bread and SoftwareSoftware.

Verdich [7]

Answer:

Consider the calculations below

Explanation:

(1) Nominal GDP, year 2 ($) = Sum of (Year 2 price x Year 2 quantity)

= 125 x 1.5 + 825 x 90

= 187.5 + 74,250

= 74,437.50

(2) Real GDP, year 2 ($) = Sum of (Year 1 price x Year 2 quantity)

= 1 x 125 + 45 x 825

= 125 + 37,125

= 37,250.00

6 0

3 years ago

g The transactions of Spade Company appear below. Kacy Spade, owner, invested $100,750 cash in the company in exchange for commo

Stolb23 [73]

Answer:

1)

Dr Cash 100,750

Cr Common stock 100,750

Dr Office supplies 1,250

Cr Cash 1,250

Dr Equipment 10,050

Cr Accounts payable 10,050

Dr Cash 15,500

Cr Fees earned 15,500

Dr Accounts payable 10,050

Cr Cash 10,050

Dr Accounts receivable 2,700

Cr Fees earned 2,700

Dr Rent expense 1,225

Cr Cash 1,225

Dr Cash 1,125

Cr Accounts receivable 1,125

Dr Dividends 10,000

Cr Cash 10,000

2)

Cash Accounts receivables

Debit Credit Debit Credit

100,750 1,250 2,700 1,125

15,500 10,050 1,575

1,125 1,225

10,000

94,850

Office Supplies Equipment

Debit Credit Debit Credit

1,250 10,050

1,250 10,050

Accounts payable Common Stock

Debit Credit Debit Credit

10,050 10,050 100,750

0 0 100,750

Fees earned Rent Expense

Debit Credit Debit Credit

15,500 1,225

2,700 1,225

18,200

Dividends

Debit Credit

10,000

10,000

4 0

3 years ago

On January 2, 2014, Best Beverages acquired 45 percent of the stock of Better Bottlers for $30 million in cash. Best Beverages a

Alex787 [66]

Answer:

Calculation of 2014 equity in net income

Better Bottler's net income $1,125,000

($2,500,000* 45%)

Less: Amortization of patents and $450,000

trademarks revaluation

(160-150* 1000,000/10 at 45%)

Less: Amortization of brand names $270,000

($9000,000 /15 at 45%)

Equity in net income of Better bottles $405,000

Journal entries

Description Debit Credit

Investment in better bottles $405,000

Equity in net income of better bottle $405,000

Cash $292,500

($650,000 * 45%)

investment in better bottles $292,500

b) Calculation of investment balance

Investment balance, Jan 2,2014 $30,000,000

+ Reported income less dividends $5,400,000

($25,000,000 equity - $13,000,000 retained

earnings) * 45%

- 4 yr of revaluation write off

($450,000 * 4) $1,800,000

($270,000 *4) $1,080,000

Investment balance, Dec 31, 2017 $32,520,000

4 0

3 years ago

£)

aleksley [76]

Answer:

The greatest number of mangoes which are to be taken out at a time from each basket so that both of them emptied simultaneously is the number of mangoes in each basket which is 120 mangoes for one basket and 168 mangoes for the other basket

Explanation:

Given that the number of mangoes in one basket = 120 mangoes

Also, the number of mangoes in another basket = 168 mangoes

The greatest number of mangoes, X and Y that are to taken out from each basket so that both of them will empty simultaneously is found as follows;

We note that the ratio of the number of mangoes in both baskets are;

120:168 = 5:7

Therefore, we have;

5 × Y = 120

Y = 20/5 = 24

Similarly, we have;

7 × X = 168

X = 168/7 = 24

We can take 5 mangoes from one basket and 7 mangoes from the other basket 24 times, for both mangoes to empty the same time

We can also take 5×12 = 60 mangoes twice from one basket and 7 × 12 = 84 mangoes twice from the other basket to empty the baskets

We can also take 120 mangoes one from one basket and 168 mangoes one from the other basket to empty the baskets.

Therefore, the greatest number of mangoes which are to be taken out at a time from each basket so that both of them emptied simultaneously is the number of mangoes in each basket which is 120 mangoes for one basket and 168 mangoes for the other basket.

3 0

3 years ago