Answer:
$1,200,000
Explanation:
Jack Corporation
Carrying value before net loss:
($1,500,000 - (20% x $1,000,000))
=$1,500,000-$200,000
= $1,300,000
Jack's share of net loss recognized in full:
20% x $6,000,000
= $1,200,000
Therefore the amount of loss should Jack report in its income statement for 2021 relative to its investment in Jill will be $1,200,000
Answer:
The question is missing the options as given below:
A. mission statement
B. belief statement
C. goals pact
D. code of ethics
E. management pledge
The correct option is A,mission statement
Explanation:
The mission statement shows in summary form the vision,core values as well as statement of goals and objectives of an establishment.
Building the best product is the prioritized goal of Patagonia,since having the best product places it in the forefront in terms brand recognition,hence increased sales.
Core value here is ensuring no unnecessary harm is caused by way of injuries sustained in the course of pursuing its objectives.This implies that Patagonia is responsible corporate citizen in the area of complying with best practice in safety procedures.
The vision of the company is to implement solutions to environmental challenges through business inspiration.
Answer:
D. A large number of people are unemployed and have decreased spending power.
Answer:
The correct answer is: Goblal Outsourcing
Explanation:
Outsourcing is the business practice of hiring a party outside a company to perform services and create goods that traditionally were performed in-house by the company's employees and staff.
Outsourcing can help businesses reduce labor costs significantly. The outside organizations typically set up different compensation structures with their employees than the outsourcing company, enabling them to complete the work for less money. In addition to cost savings, companies can employ an outsourcing strategy to better focus on the core aspects of the business.
Outsourcing can increase economic efficiency. When highly skilled people can outsource lower-value tasks and spend more time at high-value tasks, businesses tend to benefit.
It is crucial to maintain open and constant communication with the outside company. Control is key to success, so the quality of the product does not diminish.
When outsourcing to a foreign country, it is called international outsourcing or global outsourcing.
