Answer: Liability of foreignness
Explanation: In simple words, the extra cost incurred by a company operating in a foreign country as compared to the local companies over there is called the liability of foreignness.
In the given case, the American company incurred extra cost in china due to their lack of local knowledge and discrimination from the locals.
Thus, from the above we can conclude that Malt hanks faced liability of foreignness.
The statement " Incorporators are required to sign the charter, deliver it to the proper state officials, and purchase a certain percentage of the initial stock offering " is FALSE.
Explanation:
Incorporation of a business means making a company officially known by the company's sole property or general partner. If a company forms, it becomes a legal structure separating the individuals who founded the company.
Even though a company does not have a office there, the company must always have a registered agent within the state of incorporation.
Incorporation provides shareholders with immunity from personal liability for the company's debts.
Cleaning up a park, free car wash, volunteer at the soup kitchen
Answer:
1. Requires substantial resources.
2. produces different numbers than a traditional system.
3. Is costly to maintain.
Explanation:
Activity-based costing (ABC) system is a method of accounting assigns the total cost of activities such as manufacturing overhead costs and indirect costs necessary to produce a product or provide a service.
Basically, an activity-based costing (ABC) system is focused on the cost drivers associated with the respective activities, which are responsible for cost to be incurred. The cost drivers are activities such as direct labor, purchase order, machine use etc.
<em>Hence, an activity-based costing system requires substantial resources, produces different numbers than a traditional system and is costly to maintain.</em>
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<h3>LEASING:</h3><h3>= $25,000 × 4 Years</h3><h3>= $100,000</h3><h3>= 10% × $25,000 ÷ 100 - $25,000</h3><h3>= $22,500 × 4 Years</h3><h3>= <u>$90,000</u></h3><h3 /><h3>BUYING:</h3><h3>= $60,000 + $40,000</h3><h3>= $100,000</h3><h3>= 10% × $10,000 ÷ 100 - $10,000</h3><h3>= $9,000 × 4 Years</h3><h3>= $36,000 + $60,000</h3><h3>= <u>$</u><u>9</u><u>6</u><u>,000</u></h3>
<h3>LEASING IS A BETTER OPTION</h3>
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