How does globalization affect competition?

In the first year of your career you learn that to be promoted, you must demonstrate that you have the skills for the next level

Katarina [22]

If in the first year of your career you learn that to be promoted, you must demonstrate that you have the skills for the next level of jobs; The best way to demonstrate this is: B. finishing projects.

<h3>What is skills?</h3>

Skills can be defined as the abilities a person possess that enables them to finish or complete a task. A person with skills can tend to do well on a job based on the fact that they will have to make use of their skills by ensuring that the assign task are done perfectly.

Finishing project is the best way to demonstrate that he has the required skills that is needed for him to move to the next level of the job based on the fact finishing a project successfully takes proper or adequate planning and actions.

Therefore the best way to demonstrate this is: B. finishing projects.

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5 0

1 year ago

Periodic outlays for inventory control software at Baron Chemicals are expected to be $150,000 immediately, $200,000 in 1 year,

Nady [450]

Answer:

Total present value=$617,523.24

Explanation:

The formula for calculating continuous compounding is given as follows

F=P(e^it)

F=future value

P=present value

i=interest rate

t=time involved i.e 1 year or 2 year

e=Mathematical constant=2.7183

By applying above mentioned formula, the present value of inventory control software by Baron Chemicals shall be calculated as follows:

Present value of year 2 Cash flow= $286,555.76

($350,000/e^10%*2)

Present value of year 1 Cash flow= $180,967.48

($200,000/e^10%*1)

Present value of year 0 Cash flow= $150,000

Total present value=$617,523.24

7 0

3 years ago

Cameron Industries is purchasing a new chemical vapor depositor in order to make silicon chips. It will cost $7,000,000 to buy t

AVprozaik [17]

Answer:

A) -$10,020,000

Explanation:

Year 0 cash flow = -(Cost of Machine + Installation Cost + Clean Room Cost)

Year 0 cash flow = -($7,000,000 + $20,000 + $3,000,000)

Year 0 cash flow = -$10,200,000

So, the incremental free cash flows associated with the new machine in year 0 is ($10,200,000).

4 0

3 years ago

What are some benefits of voluntary exchange? What are the responsibilities?

PtichkaEL [24]

Answer:

The principle or model of voluntary exchange assumes that people will act based on self-interests. This is an important component of a healthy economy. If individuals in a market economy do not feel that they will benefit from the exchange, they would not be willing to make it.

Hope this helps!

7 0

3 years ago

On January 1, 2021, the general ledger of ACME Fireworks includes the following account balances:

just olya [345]

The Adjusted Trial Balance of ACME Fireworks on January 31, 2021 is as follows and totals $517,300 on both sides.

Adjusted Trial Balance

January 31, 2021

Accounts Debit Credit

Cash $27,000

Accounts Receivable 188,400

Allowance for Uncollectible Accounts $ 600

Inventory 15,000

Land 59,000

Equipment 21,500

Redeemable Gift Cards 8,200

Accumulated Depreciation 2,800

Accounts Payable 86,800

Notes Payable (6%, due April 1, 2019) 63,000

Common Stock 48,000

Retained Earnings 27,900

Sales Revenue 280,000

Cost of Goods Sold 154,300

Salaries Expenses 52,100

Totals $ 517,300 $ 517,300

Data and Calculations:

ACME Fireworks General Ledger Account Balances

January 1, 2021

Accounts Debit Credit

Cash $ 26,400

Accounts Receivable 48,800

Allowance for Uncollectible Accounts $ 5,500

Inventory 21,300

Land 59,000

Equipment 21,500

Accumulated Depreciation 2,800

Accounts Payable 29,800

Notes Payable (6%, due April 1, 2019) 63,000

Common Stock 48,000

Retained Earnings 27,900

Totals $ 177,000 $ 177,000

Analysis of Transactions:

Jan. 2 Cash $8,200 Redeemable Gift Cards $8,200

Jan. 6 Inventory $148,000 Accounts Payable $148,000

Jan. 15 Accounts Receivable $136,000 Sales Revenue $136,000

Cost of Goods Sold $74,300 Inventory $74,300

Jan. 23 Cash $125,500 Accounts Receivable $125,500

Jan. 25 Accounts Payable $91,000 Cash $91,000

Jan. 28 Allowance for Uncollectible Accounts $4,900 Accounts Receivable $4,900

Jan. 30 Cash $10,000 Accounts Receivable $134,000 Sales Revenue $144,000

Cost of Goods Sold $80,000 Inventory $80,000

Jan. 31 Salaries Expense $52,100 Cash $52,100

Adjustments of the Trial Balance with Transactions:

Accounts Debit Credit

Cash $ 26,400 + 8,200 + 125,500 - 91,000 + 10,000 - 52,100

Accounts Receivable 48,800 + 136,000 - 125,500 - 4,900 + 134,000

Allowance for Uncollectible Accounts $ 5,500 - 4,900

Inventory 21,300 + 148,000 - 74,300 - 80,000

Land 59,000

Equipment 21,500

Redeemable Gift Cards 8,200

Accumulated Depreciation 2,800

Accounts Payable 29,800 + 148,000 - 91,000

Notes Payable (6%, due April 1, 2019) 63,000

Common Stock 48,000

Retained Earnings 27,900

Sales Revenue 136,000 + 144,000

Cost of Goods Sold 74,300 + 80,000

Salaries Expenses 52,100

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5 0

2 years ago