Answer:
The meaning of a 'flattened' world is that ,globalization, which can be described as inventions and various developments in the technology world , has created a level playing ground, where countries considered as small or minors are now competing with the super-power ones.
Explanation:
The major challenge of this is that , the rate competition has increased between countries that have great impacts on the resource area of businesses.
And the opportunities are that, new jobs are created or available especially in the information systems and other jobs or occupations involving services.
Finding better suppliers and at a better price has also been considered as a big benefit because now there were more places to choose from globally.
If I'm correct-- by outdoor advertising do you mean commercials and ads encouraging people to go outside?
Answer:
Journal Entry
Dr. Contingent Consideration Liability $500,000
Cr. Goodwill $500,000
Explanation:
It is assumed that the decline in the fair value is the correction of the acquisition entry. It means due to this event the consideration liability and goodwill are overstated we need to rectify the balances.
Hence,
The contingent consideration liability will be debited to reduce the liability and goodwill will also be decreased by crediting the goodwill account.
Answer:
See explanations
Explanation:
a. What is the daily demand rate? 2500/365=6.85 per day
b. What is the optimal production quantity? sqrt( 2DCo/Ch)=sqrt(2*2500*25/1.48)= 290.619=291
c. How long will it take to produce the optimal quantity? 291/50=5.82 days
d. How much inventory is sold during the production run time? 6.85*5.82= 40
e. If Ross uses the optimal production quantity, what would be the maximum...
Answer:
A.
They ensure that people and businesses can buy what they need.
Explanation:
Borrowing involves requesting and receiving a huge sum of money in a lump sum. Households and firms borrow from lenders to finance business expansion or domestic consumption.
In the economy, borrowing is significant as it facilitates the acquisition of start-up capital, capital goods, and household developments. Without borrowing and lending, these investments and consumption would not be possible as they require large sums of money to initialize. If firms and households depended on savings for capital and consumption expenditure, the rate of economic growth would be very slow. It would take many years to achieve the substantial amount needed for expansion and development projects.
