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musickatia [10]
2 years ago
15

Until 1992, the Walt Disney Company had experienced nothing but success in the theme park business. Its first park, Disneyland,

opened in Anaheim, California, in 1955. Its theme song, It’s a Small World After All, promoted an idealized vision of America spiced with reassuring glimpses of exotic cultures all calculated to promote heartwarming feelings about living together as one happy family. There were dark tunnels and bumpy rides to scare the children a little but none of the terrors of the real world. The Disney characters that everyone knew from the cartoons and comic books were on hand to shepherd the guests and to direct them to the Mickey Mouse watches and Little Mermaid records. The Anaheim park was an
Business
1 answer:
cupoosta [38]2 years ago
8 0

The Anaheim park was an <u>instant success</u>, which Walt Disney Company replicated in Florida and Tokyo but failed to export to Paris, France.

The failure of Disney Paris was the result of a misunderstanding of the cultural peculiarities of the French. Some Frenchmen described the introduction of Disney Paris as <em>"a cultural Chernobyl" and "a symbol of American cliches and consumer society."</em>

Despite the envisaged 30,000 jobs that Disney Paris was to create and the demographic centrality of Paris in Europe, the diversification in Europe flopped.

Thus, Disney's misadventure in Europe became a short-lived and disastrous dream for the Walt Disney Company because of cultural misunderstanding.

Learn more: brainly.com/question/15228066

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Lense Laboratories' net income was $260,000. Given the account information below, what is the net cash flows from operating acti
Feliz [49]

Answer:

The question is incomplete, below is the completed question:

Lense Laboratories' net income was $250,000. Given the account information below, what is the net operating cash flows for Lense Laboratories?

Increase In Accounts Receivable...$60,000

Increase In Salaries Payable...$50,000

Decrease In Inventory...$30,000

Depreciation Expense...$45,000

Increase In Prepaid Insurance...$3,000

a. $152,000.

b. $278,000.

c. $312,000.

d. $438,000.

The correct answer is:

$312,000 (c.)

Explanation:

operating cash flow is the number of cash generated by a business' regular operating activities within a specific time period.

The formula for net operating cash flow is as follows:

Operating cash flow = Net income + Non-cash expenses - increase in working capital

Net income = $250,000

Non-cash expenses = increase in salary payable + decrease in inventory + depreciation in expenses

Non-cash expenses = 50,000 + 30,000 + 45,000 = $125,000

increase in working capital = increase in accounts receivable + increase in prepaid insurance

increase in working capital = 60,000 + 3,000

increase in working capital = $63,000

∴ Operating cash flow = 250,000 + 125,000 - 63,000 = $312,000

Cash flow from activities = $312,000

8 0
3 years ago
A client agrees to pay a contractor $15,000 down towards a $45,000 job.
Naddik [55]
I’m thinking it’s D. $30,000
3 0
3 years ago
Louvers, Inc., accepted a $15,000, 180-day, 10 percent note from a customer on May 31. On June 30, Louvers prepared a period- en
MatroZZZ [7]

Answer:

November 27                                      Debit                 Credit

Bank                                                    $15,750

(15,000+15,000*10%*180/360)

Accrued interest income                                              $125          

Interest income                                                              $625

Note receivable from customer                                   $15,000

Explanation:

The following journal entry shall be booked by the Louvers, Inc. in its accounts as at November 27 in respect of note from customer:

November 27                                      Debit                 Credit

Bank                                                    $15,750

(15,000+15,000*10%*180/360)

Accrued interest income                                              $125  

(Interest receivable recorded at June 30)        

Interest income                                                              $625

(Interest income from June 30 to November 27)

Note receivable from customer                                   $15,000

7 0
3 years ago
A company pays each of its two office employees each Friday at the rate of $210 per day for a five-day week that begins on Monda
ololo11 [35]

If the monthly accounting period ends on Tuesday and the employees worked on both Monday and Tuesday, the month-end adjusting entry to record the salaries earned but unpaid is $840.

For two employees and for two days, the adjustment made was 4 times their per day income.

Total month end adjusting entry will be 2×2×$210 = $840

What is Accounting Period?

  • A set period of time, such as a calendar year or fiscal year, is referred to as an accounting period in which income balance of whole month is calculated.
  • It is used for performing, aggregating, and analyzing accounting operations.
  • The accounting period is helpful for investing because prospective investors can assess a company's success by looking at its financial statements, which are based on a set accounting period.
<h3>What is Month-End Adjusting Entry?</h3>
  • Month-End Adjusting Entry is a record created at the conclusion of an accounting period that allows an income or expense to be recognized in the timeframe in which it is incurred.
  • Accruals, deferrals, and estimations are the three forms of Month-End Adjusting Entry that are most frequently used.
<h3>What is Fiscal Year?</h3>
  • Companies and governments utilize fiscal years, which are one-year periods, for financial reporting and planning.
  • The most typical accounting period utilized to create financial statements is a fiscal year.
  • A company's fiscal year is based on 3 determining parameters namely financial reports, external audits, and federal tax filings.

Know more about Accounting Period brainly.com/question/14880780

#SPJ4

8 0
2 years ago
Rolling Company bonds have a coupon rate of 6.20 percent, 25 years to maturity, and a current price of $1,196. What is the YTM?
Sidana [21]

Answer:

Yield to Maturity = 0.0493 or 4.93%

Current Yield = 0.0518 or 5.18%

Explanation:

Assuming that the face value of the bond is $1000

The yield to maturity can be calculated using the following formula,

Yield To Maturity = [C + (F - P) / n] / (F + P) / 2

Where,

C = Coupon Payment

F = Face Value

P = Present value

N = Number of years to maturity

The coupon payment here is 1000 * 0.062 = $62

The Yield to Maturity = [62 + (1000 - 1196) / 25] / (1000 - 1196) / 2

Yield to Maturity = 0.0493 or 4.93%

Current Yield is simply calculated by dividing the coupon payment by the preset value of a bond.

Current Yield = 62 / 1196 = 0.0518 or 5.18%

3 0
3 years ago
Read 2 more answers
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