<u>Marketing channels</u> <span>are sets of interdependent organizations participating in the process of making a product or service available for use or consumption. These organizations are crucial when it comes to products, given that they mediate between the producer and the consumer. They distribute these products to the end-user, or the consumer, so that they can buy these products and use them later on.</span>
Answer: Company should not expand to either.
Explanation:
Find the expected values of expanding to either country and pick the country with the highest expected value:
China:
= ∑(Probability of outcome * Outcome)
= (20% * 2,000,000) + (30% * 1,000,000) + (50% * -2,000,000)
= -$300,000
Vietnam:
= (70% * 1,000,000) + (30% * -2,500,000)
= -$50,000
<em>Both countries result in an expected loss so company should not expand to either of them. </em>
There is no time when running in the warehouse
The most reliable procedure for an auditor to use to test the existence of a client's inventory at an outside location would be to: Observe physical counts of the inventory items.
<h3>
Which of the following audit procedures is best to perform to determine that company legally owns inventories?</h3>
To best ascertain that a company has properly included merchandise that it owns in its ending inventory, the auditors should review and test the: Purchase cutoff procedures. Purchase cutoff procedures should be designed to test whether all inventory Owned by the company was recorded.
Observe merchandise and raw materials during the client's physical inventory taking.
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Answer:
par value = $0.01 per stock
Explanation:
Retained earnings are capitalized to measure how the issuance of new stocks affects existing outstanding shares. In this case or any other case, retained earnings will be capitalized at par value, since the market value of the shares doesn't affect it.
If new shares were issued in an unrelated operation, the accounts that would be affected are common stock and additional paid in capital, not retained earnings.
