Answer:
True
Explanation:
A multinational company is a company that operates internationally,by internationally I mean it operates in many countries of the world,whereby business downside in one country is counterbalanced with upside elsewhere.
Electricity City operates businesses in more than seven countries of the world in diversified business sector,hence no doubt it is a multinational company.
Business success in one jurisdiction can be used to rectify business failure in another country,hence business diversification is achieved through international operations.
<u>The answer is (e) none of the above</u>
Explanation:
<u>The formula for calculating the total equivalent units for conversion costs =</u>
<u>A+B*C</u>
A = units transferred out to the next department/finished goods
B = units in closing work in process
C = percentage of completion with respect to the relevant cost component
Given that
A=100
B=140
C=10/100
<u>Total equivalent units for a cost component </u>=100+140*10/100
=>100+140*1/10
=>100+14=114
<u>So ,the answer of the above question is (e) None of these</u>
Answer:
Comparative advantage.
Explanation:
Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.
The comparative advantage gives a country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.
In 1817, David Ricardo who is an english political economist talked about the law of comparative advantage in his book “On the Principles of Political Economy and Taxation." Also, the principle of comparative advantage states that, nations (countries) can become better off than their contemporaries through the process of specializing in what they know how to produce or do best.
This simply means that, any country applying the principle of comparative advantage, would enjoy an increase in output and consequently, a boost in their Gross Domestic Products (GDP).
In general, individuals and nations should specialize in producing those goods for which they have a comparative advantage.
Answer:
To be paid eventually it can borrow until 20,000 dollars.
Explanation:
We will calculate the present value of a 100 dollars monthly payment discounted at 6% annual rate compounded monthly.
the monthly rate will be the annual rate divided by 12 months within a year:
6% / 12 = 0.5% = 0.005
A perpetuity will be a payment wich only cover the interest :
100 / 0.005 = 20,000
