Answer:
$6,726
Explanation:
If Crawford Company has total proceeds (before segregation of sales taxes) from sales of $7,155. If the sales tax is 6%, the amount to be credited to the account Sales Revenue is:
Sales Proceeds - 7,155
less: Sales Tax - <u>429</u>
Sales Revenue - <u>6,726</u>
<u>Sales tax is included in revenue but not included in net sales. Sales revenue does not include sales tax collected by the business.</u>
Answer:
Ayayai Corp.
Statement of Comprehensive Income
For the Year Ended xxx, 202x
Net income $187,500
Other comprehensive income:
<u>Unrealized gain on AFS securities $85,000</u>
Comprehensive income $272,500
Explanation:
In order to prepare a statement of comprehensive income we first need to determine net income after taxes = $250,000 x (1 - 25%) = $187,500
Unrealized gains or losses are not taxed until they are actually realized (either make profit or lose money).
Answer:
The answer is: D) ethnocentric staffing model
Explanation:
Ethnocentric staffing model: involves hiring expatriates from the company´s home country to fill the most important positions in foreign subsidiaries. This usually happens within multinational corporations where a current employee working in the headquarter´s office gets transferred to a foreign subsidiary.
The main advantage of this approach is that expats should be better aligned with the interests and perspective of the home office. On the other hand, the main disadvantage is that the company loses local perspective and insights.
Jerome received an unplanned message because Brewster's could not predict that this event would happen to Jerome and certainly did not plan for this negative experience to occur.