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3 years ago

Why are the largest industrial corporations in the United States so committed to international marketing?

Business

1 answer:

LenKa [72]3 years ago

6 0

Answer:

The US is the largest economy in the world, but it only represents about 1/4 of the total. That means that the opportunities of earning higher profits and effectively using all their resources increases dramatically when you serve the whole world. E.g. Apple is the mot valuable firm in the world and about 60}% of its revenue comes from foreign markets. Something similar applies to most large corporations, that would be much smaller and less profitable is they only served the US market.

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On May 31, the following data were accumulated to assist the accountant in preparing the adjusting entries for Oceanside Realty:

Mama L [17]

Answer:

a. May 31

Dr Accounts Receivable 19,750

Cr Service Revenue 19,750

b. May 31

Dr Supplies Expense 8,150

Cr Supplies 8,150

c. May 31 Wages Expenses 2,700

Wages Payable 2,700

d. May 31

Dr Unearned Rent 3,000

Cr Rent Revenue 3,000

e. May 31

Dr Depreciation Expense 3,200

C Accumulated Depreciation-Office Equipment 3,200

2. ADJUSTING ENTRIES are entries that has already be planned for ahead or in advance while CORRECTING ENTRIES on the other hand are entries that comes up when necessary in order to correct errors.

Explanation:

1. Preparation of the adjusting entries required at May 31.

a. May 31

Dr Accounts Receivable 19,750

Cr Service Revenue 19,750

(To record unbilled fees)

b. May 31

Dr Supplies Expense 8,150

Cr Supplies 8,150

(12,300-4,150)

(To record supplies expense)

c. May 31 Wages Expenses 2,700

Wages Payable 2,700

(To record wages expense)

d. May 31

Dr Unearned Rent 3,000

Cr Rent Revenue 3,000

(9000/3 months)

(To record rent revenue)

e. May 31

Dr Depreciation Expense 3,200

C Accumulated Depreciation-Office Equipment 3,200

(To record depreciation expense)

2. ADJUSTING ENTRIES are entries that has already be planned for ahead or in advance while CORRECTING ENTRIES on the other hand are entries that comes up when necessary in order to correct errors.

7 0

3 years ago

The manager of a crew that installs carpeting has tracked the crew's output over the past several weeks, obtaining these figures

Taya2010 [7]

Answer and Explanation:

a. The computation of labor productivity for each of the weeks is shown below:-

<u>Week Crew size Yards installed labor productivity </u>

1 4 97 24.25

2 3 71 23.67

3 4 98 24.5

4 2 54 27

5 3 63 21

6 2 52 26

Therefore for computing the labor productivity for each week we simply divide the yards installed by crew size.

b. Perhaps even-sized crews are better than uncommon sizes and a crew of 2 seems to be performing best among the others

3 0

3 years ago

What is it called when a company sells unused assets for a promise to buy them or similar assets back at roughly the same price?

Lisa [10]

Round-tripping is when a company sells unused assets for a promise to buy them or similar assets back at roughly the same price.

Round tripping occurs when one company sells unused assets to another party in order to generate sales, and later buys the assets back. For instance, a real estate company sells several properties to a related party in exchange of money and then buys them back a year later for the same price.

So doing this generates sales not only for the original seller, but also for the related party when it sells the properties back. The government also uses round-tripping in times of recession to increase money flow in the market.

Hence, round-tripping refers to money that leaves the country and makes its way back into the country though various channels.

To learn more about unused assets here:

brainly.com/question/23946350

#SPJ4

7 0

2 years ago

Read "Knowledge and Globalization" on page 375 in the textbook. Should governments take measures, legal or otherwise, that prote

omeli [17]

Answer:

Explanation:

(A)

Governments should take measures -legal, fiscal, monetary, social, etc - to protect their economic advantages.

This is the reason for Ministers of Finance. A country should know the goods and services in which it has competitive advantage of production or supply or quality. The government should develop policies and tactics to protect this advantage.

(B)

Governments should only seldom penalize companies that offshore manufacturing jobs. Why? Because sometimes, it is necessary to offshore manufacturing jobs. Foreigners might have the exact expertise needed in that field. If the government however feels that foreigners are gaining traction in that sphere of the economy, they can create an avenue for their citizens to be equipped with the expertise.

(C)

No. Governments should not forbid the sale of know-how to other countries. The government should or could set a 'price floor' that is high, as the minimum amount at which the knowledge is to be sold. Sale of technological know-how is an important source of revenue so it should be encouraged.

(D)

Governments should adopt the Venetian Model.

8 0

3 years ago

Let's say that you make the the following journal entry: Debit Inventory $2,000 Credit Cash $2,000 How does this journal entry a

koban [17]

Answer:

No net affect: There is both an increase in Assets and a decrease in Assets

Explanation:

The journal entry is as follows

Inventory Dr $2,000

To Cash $2,000

(Being the inventory is purchased for cash is recorded)

This journal entry states that the inventory is purchased for cash. The inventory is purchased that increases the asset and on the other side the cash is paid for the purchase of increased which decrease the asset

So, there is no impact on the asset side or accounting equation

8 0

3 years ago