An increasing proportion of influential financial decisions are being made in Major corporate centers such as New York, London, and Tokyo in
new global economy.
<h3>What is global economy?</h3>
The global economy serves as the economy of all humans of the world, which is the global economic system.
And this includes all economic activities which are conducted both within and between nations.
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Answer:
a. 24,000 unfavorable
Explanation:
Quantity Variance = Standard Price ( Actual Quantity - Standard Quantity Allowed)
= $12 per pound (8 lbs.*16,500 lbs-8 lbs.*16,000)
= $ 12 (132,000 lbs-130,000 lbs) = $ 12 (2000)= 24,000 unfavorable
It is unfavorable because the actual quantity used is more than the standard quantity allowed.
Quantity variance is obtained by multiplying the standard price with the difference in the actual quantity used and the standard quantity allowed.
Answer:
The options that are true regarding dividends include:
- A stock dividend increases the number of outstanding shares.
- A stock dividend commonly indicates management's confidence that the company is doing well.
Explanation:
A stock dividend is a payment to shareholders that is made in shares rather than in cash.
Once investors receive stock dividends, the number of their shares will increase. this validates the first statement
Secondly, stock dividends have a tax advantage for the investor. The share dividend, like any stock share, is not taxed until the investor sells it unless the company offers the option of taking the dividend as cash or in stock.
The stock dividend has the advantage of rewarding shareholders without reducing the company's cash balance thereby indicating management's confidence in the company is well-being.
If closing the sale is an extremely stressful point for him. If he does not close the sale, the outcome will be he will generate no income.
<h3>What is income?</h3>
Income can be defined as a the cash receive from the sales of goods and services.
Based on the given scenario in a situation were Mike did not close the sale for the day this will tend to mean that he will generate no revenue or income reason being that closing the sale will enables him to generate income.
Therefore the outcome will be he will generate no income.
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