Answer:
$20,000
Explanation:
For computing the Doug withdrawal amount, first, we have to compute the net income or net loss which is shown below:
Net income/loss = Revenue - expense
= $350,000 - $380,000
= -$30,000
Now Doug share in net loss = Net loss × (his share ÷ total share)
= - $30,000 × (2 ÷ 6)
= - $10,000
We knew that the Doug capital is $30,000 and his share in loss is $10,000
So, its withdrawal amount = $30,000 - $10,000 = $20,000
Answer and Explanation:
The computation of the overhead rate for each activity is as follows;
Overhead rate is
= Respective overhead cost ÷ Respective activity
For Machine setups
= ($202,800 ÷ 2,600 setups)
= $78 per setup
For Machining
= ($364,500 ÷ 24,300 machine hours)
= $15 per machine hour
For Inspection
= ($88,000 ÷ 1,600 inspections)
= $55 per inspection
In this way it is calculated
The Earned Income Credit is one alternative to PRICE controls
It is called Factors of production. It is a financial term that depicts the data sources that are utilized as a part of the creation of merchandise or administrations keeping in mind the end goal to make a monetary benefit. The variables of creation incorporate land, work, capital, and business enterprise.
Answer:
c. Cultural differences, government demands, and local competitors
Explanation:
Philips organization is multinational organization and it encounters the forces of local responsiveness as follows:
Cultural differences: As it is selling electronics it will remove cultural differences as that arise, because each person irrespective of its culture will use electronics.
Government demands of the country in which the organization is set up has to be met in order to thrive and find extra support from government.
As the company is an outsider to the states it needs to evaluate the local competitors properly in order to thrive and lead in the state of Netherlands.
