Answer:
False.
Explanation:
False, Because a global company is the one that operates in different countries. It does not have to depend on the position of industry in other countries. If a company is operating in different countries then it is a global company. Moreover, in the case of a global company, the company sells its product in that country without changing its quality. For example, a global company selling soda in different countries. In this case, the company will not compensate for its product according to the culture of that country rather it will impose its business model.
Answer:
Answer for the question :
On January 1, 2021, the Highlands Company began construction on a new manufacturing facility for its own use. The building was completed in 2022. The company borrowed $1,500,000 at 10% on January 1 to help finance the construction. In addition to the construction loan, Highlands had the following debt outstanding throughout 2021: $8,000,000, 15% bonds $2,000,000, 10% long-term note Construction expenditures incurred during 2021 were as follows: January 1 $ 660,000 March 31 1,260,000 June 30 872,000 September 30 660,000 December 31 460,000 Required: Calculate the amount of interest capitalized for 2021 using the specific interest method. (Do not round the intermediate calculations. Round your percentage answers to 1 decimal place (i.e. 0.123 should be entered as 12.3%).)"
is explained in the attachment.
Explanation:
Answer:
kinda
Explanation:
You'll obviously expect a little interest .
If i were you though i'll give the person up to 3 days to pay back before adding a little interest to it.
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Answer:
c) 60% of direct labour cost
Explanation:
<em>I</em><u><em>ndirect costs are also known as overheads</em></u><em>. They are costs which are not incurred directly for the service been rendered. These costs can allocated to the cost of the core service using the direct labour cost basis as requested by the question.</em>
<em>To ascertain the indirect costs rate, we use the formula below:</em>
Indirect cost rate = (Indirect cost/Direct labour cost) × 100
From the question,
<em>Indirect cost = total cost less the direct labour cost</em>
Indirect cost = $4,000,000 - 2,500,000
= $1,500,000
Indirect cost rate = Indirect cost/Direct labour cost × 100
= 1,500,000/2,500,000 × 100
= 60% of direct labour cost