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8090 [49]
4 years ago
9

In arab countries, business executives will often digress from the primary purpose of the meeting, then eventually return to the

topic initially discussed. this is an example of cultural _____.
Business
1 answer:
Kryger [21]4 years ago
4 0
The scenario given above is an example of cultural manners and customs. Cultural manners and customs has to do with the the ways societies do things in foreign countries. Manners and customs typically affect both the management and marketing operation of a company. International companies must understand the manners and customs of the country where they are located in order to succeed. 
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Given a 3 percent interest rate, compute the year 6 future value of deposits made in years 1, 2, 3, and 4 of $1,550, $1,750, $1,
slamgirl [31]

Answer: a) total value of deposits becomes $18,332

b) price of car affordable is $17716.93364

Explanation:detailed calculation and explanation is shown in the image below

3 0
3 years ago
Cinci Co. leased equipment for its entire 10-year useful life, agreeing to pay $50,000 at the start of the lease term on Decembe
Sedaia [141]

Answer:

The amount that Allen should report as capital lease liability in its December 31, Year 2, balance sheet is $266,746.

Explanation:

From the question, it can be seen that 10% is used by the lessee. The reason is that the 10% is what is known by the lessee and it is also lower than 12%. Therefore, we have:

Balance of the lease liability after the first payment = Present value on December 31 of Year 1 - Amount of the first payment = $337,951 - $50,000 = $287,951

It should noted that there is no interest in the amount of the first payment as it was an immediate payment.

Interest expense in Year 2 = 10% * Balance of the lease liability after the first payment = 10% * 287,951 = $28,795

Lease liability paid in Year 2 = Cash paid - Interest expense in Year 2 = $50,000 - $28,795 = $21,205

The journal entries at December 31, Year 2 will then be as follows:

<u>Accounts Title                                 Debit ($)               Credit ($)     </u>

Lease liability                                    21,205

Interest expense                              28,795

Cash                                                                                  50,000

<em><u>(To record lease payment.)                                                               </u></em>

Therefore, we have:

Capital lease liability on December 31 of Year 2 = Balance of the lease liability after the first payment - Lease liability paid in Year 2 = $287,951 - $21,205 = $266,746

Therefore, the amount that Allen should report as capital lease liability in its December 31, Year 2, balance sheet is $266,746.

3 0
3 years ago
3rd Time Uploading ‼️ Help Me I Need It!
andrew11 [14]

Answer:

1. 17%

2.12%

3.Savings and Rent

4. 4%

Explanation:

7 0
3 years ago
Apartments is a ​-unit apartment complex. When the apartments are​ 90% occupied, monthly operating costs total $220,040. Whe
AnnyKZ [126]

Answer:

Missing word <em>"Use the​ high-low method to determine operating cost equation y=$_____, x + $ = ____" </em>

<em />

Cost on (800*90%)=720 units is 220,040

Cost on (800*80%) = 640 Units is 215,480

Variable cost per unit = Changes in total cost/High activity-low activity = 4560 / 80 = $57 per unit

Fixed cost = Total cost - Variable cost = 220,040 - (720*$57) = 220,040 - 41,040 = $179000

<u>Cost equation: </u>

Total cost = Fixed cost + Variable cost per unit

Y = 179000 + 57X

Y = 179000 + (57*440)

Y = $204,080

3 0
3 years ago
You found your dream house. It will cost you $300000 and you will put down $30000 as a down payment. For the rest you get a 30-y
Andrews [41]

Answer:

$1,282.80

Explanation:

The PMT formula is used for this question. The attachment is shown below:

The NPER shows the time period

Given that,  

Present value = $300,000 - $30000 = $270,000

Future value = $0

Rate of interest = 4% ÷ 12 months = 0.33%

NPER = 30 years × 12 months = 360 months

The formula is shown below:

= PMT(Rate;NPER;-PV;FV;type)

The present value come in negative

So, after solving this, the answer is $1,282.80

5 0
4 years ago
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