Answer: Geocentric managers
Explanation: Geocentric managers are the managers that accept the fact that every country have different culture and environment which can affect the business overall. Therefore, these managers use different techniques and procedures for different economies.
These are usually the managers of multinational corporations operating globally. These managers usually do not lack resources and can use the latest and best techniques for their operations.
Answer:
Price of One Bush is $ 23
Explanation:
Suppose
bushes = B
trees = T
According to given condition:
13B + 4T = 487 (Eq: 1)
6B + 2T = 232 (Eq: 2)
Multiplying (Eq: 2) by 2
12B + 4T = 464 (Eq: 3)
Substractign (Eq: 3) from (Eq: 1)
13B + 4T - (12B + 4T) = 487 - 464
13B + 4T - 12B - 4T = 23
B = 23
By putting value of B in (Eq: 1)
(13 x 23) + 4T = 487
299 + 4T = 487
4T = 487 - 299
4T = 188
T = 188 / 4
T = 47
Price of One Bush = B = 23
Answer:
Leasing.
Explanation:
Find the present value of each and compare and choose the one with the lowest cost in present value terms.
<u>LEASE;</u>
Payments are in form of an annuity ;done using financial calculator (TI BA II plus)
PMT = -30,000
N ;duration = 4
I/Y = 10%
FV = 0
then CPT PV = -$95,095.96
<u>BUY</u>
Initial cost; (already in present value terms) = -$80,000
Annual maintenance(is an annuity); done using financial calculator (TI BA II plus)
PMT = -10,000
N ;duration = 4
I/Y = 10%
FV = 0
then CPT PV = -$31,698.65
Add PV of salvage value;
PV = FV/ (1+r)^4
PV = 20,000 /(1.10^4)
= 20,000/ 1.4641
= $13,660.26911
Overall PV of BUYING = (-80,000 -31,698.65 + 13,660.26911) = -$98,038.38
Therefore, leasing is a better option since the overall present value of costs is lower at $95,095.96 compared to that of buying at 98,038.38.
Answer:
The trader should orders to buy ABC stock or take a long position to the stock.
Explanation:
The stock has been fluctuating for 3 months, hence, its value should be well analysed. Now if there is a breakout through the support level, usually with a good quarterly performance report, the stock is likely to go "bull". Buying and holding the stock is a rational decision.
Answer:
Journal Entry to record the purchase of the carts on June 1:
June 1:
Debit Maintenance Equipment $1,500
Credit Accounts Payable $1,500
To record the purchase of 2 maintenance carts on account.
Explanation:
a) Data and Analysis:
June 1 Maintenance Equipment $1,500 Accounts Payable $1,500
June 8 Cash $500 Unearned Service Revenue $500
June 15 Utility Expense $300 Utility Payable $300
June 20 Accounts Receivable $1,500 Service Revenue $1,500
June 30 Cash $500 Accounts Receivable $500
