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3 years ago

Which of the following is NOT one of the reasons that globalization has taken place?

Business

1 answer:

larisa86 [58]3 years ago

6 0

Answer: The correct answer is choice c.

Explanation: Globalization is the process in which businesses start operating on an international scale. Of the four options that are listed, the reason that is not one of the reasons that globalization has occurred is choice c - low differences in labor costs.

Cheaper labor is one of the primary reasons why some businesses are moving their manufacturing to other countries, making it the correct choice for this question.

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Permian Underground Machines & Pipes Co. (PUMP) is in the oil and gas equipment and services industry. It is considering a n

AVprozaik [17]

Answer:

Option A is correct.

The required rate of return for the bond that PUMP managers are considering is <u>1.46%</u>

Explanation:

Required rate of return for the bond that PUMP managers are considering is 1.46%. Because, currently, the yield on a U.S. Treasury bond with about 10 years to maturity is 1.46%. same type of bond yielding is 1.46%.

3 0

3 years ago

A tiger develops lockjaw and can no longer open its mouth. Which of the four life functions will not be able to perform? (it obv

Evgen [1.6K]

I believe the answer is: It won't be able to eat.

In wild life, this type of condition is basically a death sentence for the organism who experience it. The only way for the tiger to survive in such situation is only if humans making an intervention by surgically fix them or find another pathways to injects the nutrition into the tiger's body.

3 0

3 years ago

Splish Brothers Inc. uses a perpetual inventory system. Data for product E2-D2 include the following purchases.

harkovskaia [24]

Answer:

Splish Brothers Inc.

Perpetual Inventory Schedule using moving average costs:

Date Description Number Average Cost Total Cost Cost

of Units Balance

May 7 Purchase 105 $7 $735 $735

June 1 Sales (55) $7 385 350

July 28 Purchase 63 $18 1,134 1,484

August 27 Sales (84) $13.1327 1,103 381

Explanation:

a) Data and Calculations:

Date Number of Units Unit Price Total Costs

May 7 Purchase 105 $7 $735

June 1 Sales (55) $7 385

July 28 Purchase 63 $18 1,134

August 27 Sales (84) $13.1327 1,103

Cost of goods sold = $1,488 ($385 + $1,103)

Ending inventory = $381

8 0

3 years ago

Currently, Bruner Inc.'s bonds sell for $1,250. They pay a $120 annual coupon, have a 15-year maturity, and a $1,000 par value,

elena-14-01-66 [18.8K]

Answer:

2.11%

YTM 0.089142162

YTC 0.068070103

Difference: 0.021072059 = 0.0211 = 2.11%

Explanation:

To calculate each rate we must solve for a rate at which the future coupon payment and maturity (or call value) equals the market price:

This is solve for excel and goal seek tool

It could also be solve with a financial calculator

YTC:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

Coupon payment: $ 120

time 5 yeaars

rate 0.068070103 (solved with excel)

$120 \times \frac{1-(1+0.0680701028057608)^{-5} }{0.0680701028057608} = PV\\$

PV $494.5766

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity: $ 1,050 (call price)

time 5.00

rate 0.068070103

$\frac{1050}{(1 + 0.0680701028057608)^{5} } = PV$

PV 755.42

PV c $494.5766

PV m $755.4235

Total $1,250.0002

YTM:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

Cuopon payment: $ 120

time 15 years

rate 0.089142162 (solved with excel)

$120 \times \frac{1-(1+0.0891421622982136)^{-15} }{0.0891421622982136} = PV\\$

PV $972.2006

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity $ 1,000.00

time 15 years

rate 0.089142162 (solved with excel)

$\frac{1000}{(1 + 0.0891421622982136)^{15} } = PV$

PV 277.80

PV c $972.2006

PV m $277.7995

Total $1,250.0001

6 0

3 years ago

Hercules Workout World gains a client who prepays $ 660 for a package of six physical training sessions. Hercules Workout World

Sergeu [11.5K]

Answer:

Service revenue of $ 440

Explanation:

When the customer prepays, the revenue is yet to be earned hence the entries required would be a debit to cash account and a credit to unearned or deferred revenue.

As the service is rendered and revenue is earned, debit the deferred revenue account and credit the revenue account with the amount earned.

Since $660 was collected for 6 training sessions

Revenue from a training session

= 1/6 × $660

= $110

After 4 training sessions, revenue earned and to be recognized in the income statement

= 4 × $110

= $440

8 0

3 years ago