<u>Answer:</u>
A. San Francisco-based Airbnb used #OneLessStranger to spark an international social media campaign in which it asked its community of customers to perform random acts of hospitality for strangers, then share a video or photo of themselves with the person they helped.
B. Dunkin' Donuts serves dry pork and seaweed donuts in China and grapefruit donuts in Korea.
C. Austria's Red Bull sponsors extreme sports events across Europe, North and South America, and Asia, making its drinks feel like a local presence while the company maintains a European look to its packaging.
<u>Explanation:</u>
Globalization is the distribution throughout national boundaries and traditions of goods, technology, knowledge and employment. This defines in terms of economics an inter-connectivity of countries across the globe that is promoted by free trade.
This seeks to support consumer economies worldwide by rendering markets more effective, increasing competition, reducing military conflicts, and more evenly distributing wealth. While the impoverished and the rich benefit from globalism in the median developing economy, it often has little impact on the incomes of the needy in many developed economies. Yet government actions are important in making globalization's advantages more comprehensive.
During recessions investment falls by a smaller percentage than GDP.
Answer: Option B
<u>Explanation:</u>
GDP is the gross domestic product of the country which talks about the growth rate of the country. During the time of recession in the trade cycle, the GDP of a country falls down.
The recession also sees the falling down of the demand, income, investment and so on. But during the time of recession, the fall in investment by the citizens of the country in various assets is less than the fall in the GDP of the country.
Answer:
Bonds Payable 300,000 debit
Loss on redemption- Bonds Payable 22,000 debit
Cash 312,000 credit
Discount on Bonds Payable 10,000 credit
--to record the reemption of old-bonds--
Explanation:
<em>call price</em> = 300,000 x 104/100 = <em>312,000</em>
Bond payable (net) 300,000 - 10,000 = 290,000
Loss at redemption 22,000
We should recognize a loss as we are paying for the bonds 312,000 dollars while they are worth 290,000
To do the entry, we will write-off the bonds payable and the discount on bonds account. Wer will credit the cash used on the redemption and debit the expense.
Answer:
AA-rated revenue bond that is escrowed to maturity.
Explanation:
AA-rated revenue bond that is escrowed to maturity, is the bond recommendation for an individual who seeks income that is free from federal income tax. Escrowed to maturity bond are pre-funded municipal bond and it is backed by the government. The Issuer invests the new bond´s income too high credit securities and also issuer hold proceeds from the new bond issue in a separate escrow account to pay off existing bond when it matures.
