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victus00 [196]
3 years ago
5

The HR department at Clearwater Electronics has been asked to develop a job description for a new managerial position in Dubai.

Clearwater’s policy states that subsidiary managers should be employees from the parent company. What benefits does the company hope to realize from this ethnocentric approach?
Business
1 answer:
DerKrebs [107]3 years ago
7 0

dang no quema cuh

Explanation:

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Santo Corporation declares and distributes a cash dividend that is a result of current earnings. How will the receipt of those d
BaLLatris [955]

Answer:

Under the equity method, cash dividends reduce the carrying value of the investment account (asset account), they are not considered income. For e.g.

Journal entry to record investment

Dr Investment in Santo Corporation 100,000

    Cr Cash 100,000

Journal entry to record cash dividend

Dr Cash 5,000

    Cr  Investment in Santo Corporation 5,000

Under the fair value method, cash dividends are considered income. For e.g.

Journal entry to record investment

Dr Investment in Santo Corporation 100,000

    Cr Cash 100,000

Journal entry to record cash dividend

Dr Cash 5,000

    Cr Dividend income 5,000

5 0
4 years ago
Tamarisk Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures wer
kogti [31]

Answer:

Avoidable interest are $569,564.64  

<em />

<em>The answer and procedures of the exercise are attached in a microsoft excel document.  </em>

Explanation:

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.

5 0
4 years ago
Naylor Company had $153,600 of net income in 2016 when the selling price per unit was $155, the variable costs per unit were $95
Shtirlitz [24]

Answer:

Units in 2016:

X=12,126.66 units≅12,127 units in 2016.

Units in 2017:

Y=13,166.667 units≅13,167 units in 2017.

Explanation:

Computing the number of units sold in 2016:

Net income in 2016=$153,600

Selling price per unit=$155

Variable cost per unit=$95

Fixed costs in 2016=$574,000

Let say number of units to be X:

Equation from above data:

\$153,600=(\$155-\$95)X-\$574,000\\\$727,600=60X

X=\frac{\$727,600}{\$60}

X=12,126.66 units≅12,127 units in 2016.

Computing the number of units sold in 2017:

Net Income in 2017=$153,600+$62,400

Net Income in 2017=$216,000

Selling price per unit=$155

Variable cost per unit=$95

Fixed costs in 2017=$574,000

Let say number of units to be Y:

Equation from above data:

\$216,000=(\$155-\$95)Y-\$574,000\\\$790000=60Y

Y=\frac{\$790000}{\$60}

Y=13,166.667 units≅13,167 units in 2017.

8 0
4 years ago
Is advertising a overhead or operating expense
Advocard [28]

Answer:

The answer to this question is given below in this explanation section.

Explanation:

           "is advertising a overhead or operating expense"

operating expenses and selling general and administrative expenses are both types of costs involved in running a company a significant in determining its financial well being.While generally synonymous,they each can be listed separately on the corporate income statement.

Operating expense are the costs involved in running the day to day operations of a company they typically make up the majority of a company expenses. OPEX  are not include in costs of goods involved in the production of a company goods and services.cogs include direct labors direct materials or raw materials and overhead cost of production facility.cost of goods sold is typically listed as a separate line item on the income statement.

operating expenses are the remaining costs that are not includes in cogs.Operating expenses can include:

  • Rent
  • utilities
  • salaries/wages
  • property taxes
  • Business travel
8 0
3 years ago
Robinson's has 24,000 shares of stock outstanding with a par value of $1 per share and a market price of $40 a share. The balanc
Zina [86]

Answer:

Find attached question with multiple choices

The third option ,72,000 shares, is the correct answer.

Explanation:

A stock split refers to redenomination of shares by increasing the number of shares and proportionately reducing the number par value per share.

A 3-1 share split means that one prior share now commands three shares while the price of one share is apportioned between the three shares

Robinson now 3/1*24,000 shares=72,000 shares

One previous share was $1 par value but the three new shares would $1/3=$0.33 per share instead of the previous $1 par value

Download xlsx
7 0
3 years ago
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