Answer:
The answer is: D) They attract the largest FDI from MNEs. If you consider FDI´s share of the country´s GDP
Explanation:
The countries that are located in the base of the global economic pyramid are all underdeveloped and poor countries, so no North America, Europe, Japan, China, or Australia. If you consider the total nominal amount of Foreign Direct Investment (FDI) by Multinational Enterprises (MNEs) in the world, the countries that receive the most of them usually have large economies or high GDP per capita (only Brazil is an exception) like the US, China, Belgium, Canada, France, Russia, Singapore, etc.
But if you consider FDI as a percentage of a country´s GDP the list of receiving countries varies a lot. The following is the list of the 10 countries with the greatest share of FDI to GDP in 2011 (UN 2011 report)
- Liberia
- Mongolia
- Hong Kong SAR (China)
- Sierra Leone
- Luxembourg
- Singapore
- Congo republic
- Belgium
- Chad
- Guinea
In this list you can find 6 countries that are extremely poor but very rich in natural resources (in this case minerals). So if consider the relative size of FDI in those economies, then it´s huge. Most FDI done on poor countries is directed to mining or oil corporations.
Answer: A non profit organization
Explanation: A non profit organization is an establishment created to perform efficiently and effectively, without necessarily making profit as its aim.
They most times function in the area of humanitarian needs, health and medicine, financially empowering the unemployed in communities.
The non profit organization are most times sponsored by government of nations, international bodies ( such as UN, WHO, UNESCO).
Answer:
The cost of goods sold for next month is expected to be $202,500
Explanation:
Given that,
Sales budget = $450,000
Cost of Good sold = 45% of sales
Opening inventory = $20,000
Ending inventory = $24,000
Beginning accounts payable = $206,500
Since, in the given question, it is mentioned that the cost of good sold is 45% of sales.
So,
Cost of Goods Sold (COGS) = 0.45 × $450,000
= $202,500
Hence, the cost of goods sold for next month is expected to be $202,500
Note: we don't considered other things which is mentioned in the question.
