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2 years ago

What are the biggest obstacles facing walmart and other foreign retailers in india?

1 answer:

5 0

Walmart and other foreign retailers in India will face problems related to
• Cultural differences.
• Governmental obstacles will also affect foreign companies to do business in India.
• There are lot of small business competitors that can also pose threat to Walmart and foreign companies.
• People in India, would prefer to buy products from smaller store rather than big shopping mall.

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Although GDP is a reasonably good measure of a nation's output, it does not necessarily include all transactions and production

Leno4ka [110]

Answer: The loss of enjoyment people incur when scenic land is converted to commercial use.

The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government.

The leisure time enjoyed by Americans Funds spent by state governments to build highways

Explanation:

The gross domestic product is the value in terms of money of all the goods and services that are produced in a particular country at a certain period of time.

Over time, people have often criticised the use of GDP as a good measurement of the output of a nation that it does not include every transactions and production for that nation. In this scenario, the following cases are either not accurately accounted for or are measured inaccurately.

1. The loss of enjoyment people incur when scenic land is converted to commercial use.

2. The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government.

3. The leisure time enjoyed by Americans Funds spent by state governments to build highways.

In the above cases, the monetary value of these activities aren't reflected on the GDP calculation.

6 0

2 years ago

On December 1, after making a concerted effort, management determines that it will be unable to collect $1,200 owed to it by one

madam [21]

Answer:

Debit Allowance for doubtful debts $1,200

Credit Accounts receivable $1,200

Being entries to write off uncollectible debt on December 1

Explanation:

When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.

To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

Where a debit that had previously been determined to have gone bad gets settled, debit cash and credit bad debt expense.

5 0

2 years ago

Difference between hire purchase and credit sales

Deffense [45]

Answer: A hire purchase is a system by which one pays for a thing in regular instalmentsinstallments while having the use of it.

A credit sale is a purchases made by customers for which payment is delayed.

5 0

2 years ago

Sharp Company manufactures a product for which the following standards have been set: Standard Quantity or Hours Standard Price

ohaa [14]

Answer:

Direct labor cost = $51450

Direct labor hours 4677.27

Direct labor per hour 1.46

Explanation:

Sharp Company

Given Data

Standard Quantity or Hours Standard Price or Rate Standard Cost

Direct materials 3 feet $ 11 per foot $ 33

Direct labor ? hours ? per hour ?

Materials quantity variance $ 4,400 U

Labor spending variance $ 450 F

Labor efficiency variance $ 2,000 U

1.a. The Actual Cost per foot of materials for March=$111,300/10000=$ 11.13

Materials quantity variance $ 4,400 U =(Standard Price * Actual Quantity)-(Standard Price * Standard Quantity)

$ 4,400 U = 11* AQ- 11*3 feet*3200

$ 4400= 11* AQ- 105600

$ 4400+ $105600= 11* AQ

AQ =110000/11= 10,000

b. Materials price variance = Actual Price *Actual Quantity - Standard Price * Actual Quantity

Materials price variance =Actual Price *Actual Quantity - Standard Price * Actual Quantity

Materials price variance =$ 11.13* 10000- 11*10000

Materials price variance=$111,300-110000=1300 Unfavorable

Spending variance= Purchase Price Variance + Materials quantity variance

Spending variance= 1300 Unfavorable + $ 4,400 U= 5700 Unfavorable

2. Labor spending variance $ 450 F =Labor efficiency variance $ 2,000 U+Direct Labor rate per hour

a. Direct Labor rate per hour =Labor efficiency variance + Labor spending variance =$ 2,000 +$ 450 =$ 2450 Unfav

Direct Labor rate per hour =(actual hours* actual rate)- (actual hours * standard rate)

Direct labor time variance= (actual hours* standard rate)- (standard hours * standard rate)

$ 2450 Unfav= 4900*11- standard hours * 11

standard hours *11= 53900- 2450= 51450

b. Standard Hours= 51450/11= 4677.27

c. Standard Hours per unit of product= 4677.27/3200= 1.46

Actual Hours= 4900/3200= 1.53125

4 0

3 years ago

It's very urgent

3241004551 [841]

Answer: While not usual they can be held responsible for all business debts.

Explanation: If you pledge a asset as a collateral a creditor may be able to take said asset and sell it.

3 0

2 years ago