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3 years ago

Because of threats and risks in the global environment, some firms choose to take a more cautious approach by

Business

1 answer:

klemol [59]3 years ago

7 0

Answer: (C) focusing on global niche markets.

Explanation:

Even though there are many risks involved in going into the global environment, the opportunities for growth are so immense that the risks should be taken and then managed so that losses do not occur.

One way to do this is to focus on global niche markets. The company can focus on certain parts of the global market alone where their product would sell healthily as well as where they would face the lowest risk.

This is why a lot of companies expand to developed countries where they can charge higher and the law protects their interests.

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Fill in the t-accounts for each situation and label each transaction as Deferrals/Prepaid or Accrual. Calculate the adjusted bal

11111nata11111 [884]

Answer:

T-Accounts:

a) Accrual:

Depreciation Expense - Equipment

Account Title Debit Credit

Accumulated

Depreciation $1,800

Accumulated Depreciation - Equipment

Account Title Debit Credit

Unadjusted balance $5,000

Depreciation 1,800

Bal $6,800

b) Prepaid:

Office Supplies Expense

Account Title Debit Credit

Office Supplies $8,900

Office Supplies

Account Title Debit Credit

Unadjusted balance $9,200

Office supplies expense $8,900

Bal. $300

c) Deferral:

Service Revenue

Account Title Debit Credit

Unadjusted balance $11,300

Unearned Revenue

Account Title Debit Credit

Balance $11,800

Explanation:

Deferral of revenue, prepayment of expenses, and accrual of expenses and revenue are required under the accrual basis of accounting. The accrual basis is supported by the accrual concept which requires that revenue and expenses are accounted or recognized in the period that they relate to and not when the cash is received or paid.

4 0

3 years ago

A private not-for-profit entity receives three large cash donations: One gift of $75,000 is restricted by the donor so that it c

kupik [55]

Answer:

$310,000

Explanation:

Calculation to determine the increase in the current year in net assets with donor restrictions

Using this formula

Net assets current year Increase=Restricted gift by donor+Restricted gift to pay salary+Restricted gift withheld+Unspent income earned

Let plug in the formula

Net assets current year Increase=$75,000+$95,000+$125,000+$15,000

Net assets current year Increase=$310,000

Therefore the increase in the current year in net assets with donor restrictions will be $310,000

8 0

3 years ago

Asset retirement obligations:

koban [17]

Answer:

The correct answer is D

Explanation:

ARO stands for Asset retirement obligations, it is a legal obligation which is linked or associated with the retirement of the tangible as well as long lived asset in which the method of the settlement could be conditional on the future event.

So, these are the liabilities linked with the long term asset restoration, evaluated at the fair value in the balance sheet and also increase the balance in the related account of asset.

5 0

3 years ago

Traditional monetarists advocate for a rule for ___________, while market monetarists argue that monetary policy should focus on

Vlad [161]

Full sentence is:

Traditional monetarists advocate for a rule for money supply growth, while market monetarists argue that monetary policy should focus on a nominal GDP target .

Explanation:

Monetarism is based on the idea that an increase in the money supply, that is, the total cash and checks circulating in the economy, will increase production in the short term and inflation in the long term.

Monetarism states that while the monetary authorities (central bank or others) have control of the nominal offer, people base their decisions on the amount of real money they wish to obtain / maintain.

5 0

4 years ago

You are trying to decide which of two automobiles to buy. The first is American-made, costs $3.0500 x 104, and travels 28.0 mile

siniylev [52]

Answer:

Both cars(American and European) must travel 8,060 kilo metres each during their lifetime for the total cost(purchase cost + fuel equivalent) to be equivalent

Explanation:

With regards to the above, the cost equation for both cars will be equated together.

Furthermore, we will convert gallons into litres while also converting miles into kilometers.

Since 1 gallon has 3.785 litres; 1 mile also has 1.609 kilo metre, hence milage of the first car in kilo metre per litre would be ;

Milage American made = [ 28 miles × 1.609 ] / 3.785

= 11.90 kilo meter per litres.

Cost of Gas per litre = $3 per gallon / 3.785

= 0.79 per litre

Gas cost per kilo metre(American made) = 0.79 per litre / 11.90

= 0.066 per km

Gas cost per kilo metre(European made) = 0.79 per litre / 19.0

= 0.042 per km

We can sum up the equation of first car which is American made( Purchase price + Fuel cost)

We can make a be the number of kilo metres where total cost for both cars would be equal.

Total cost = 317.2 + 0.066a

Also, the total cost equation - purchase price + fuel cost of European car is represented as;

Total cost = 510.64 + 0.042a

317.2 + 0.066a = 510.64 + 0.042a

Collect like terms

0.066a - 0.042a = 510.64 - 317.2

0.024a = 193.44

a = 8,060 kilo metres

Therefore, both cars(American and European) must travel each 8,060 kilo metres in their life time for the total costs( purchase cost + fuel cost) to be equivalent.

5 0

4 years ago