Answer:
The Journal entry is as follows:
On July 1,
Cash A/c Dr. $439,200
Finance charge Expense A/c Dr. $10,800
To Financing arrangement A/c $450,000
(To record the amount of borrowings)
Workings:
Finance charge expense = ($600,000 × 1.8%)
= $10,800
So, cash account = $450,000 - $10,800
= $439,200
Answer:
e. diversity-focused
Explanation:
-Ethical culture refers to a culture in which people behave according to the group of values and standards set by the organization.
-Friendly is a culture where there is a good working environment in which people are nice and kind.
-Innovative is a culture in which leaders motivate people to think differently and propose new things.
-Customer-responsive is a culture in which people focus on taking care of customer's needs.
-Diversity-focused is a culture in which the company is open to people with different backgrounds where there is freedom to offer new perspectives that allows to generate debate and people is more willing to take risks.
According to this, the answer is that the type of culture that would most likely include characteristics such as openness, freedom, debate, and risk-taking is diversity-focused.
Answer:
The correct answer is option B.
Explanation:
The changes in the exchange rate will affect those domestic firms that sell their products in the foreign market or those domestic firms that produce and sell domestically but has foreign companies as competitors.
If the exchange rate falls, the price of domestic firms will decline as compared to imports. This will create more demand for domestic goods.
If the exchange rate increases domestic goods will become costlier and imports will become cheaper. This will increase the demand for imports.
Answer: $33 without trade, $50 with trade
Explanation:
Wages can be defined as any monetary compensation paid by an employer to his/her employee for work done during a specific period of time. Payment may be calculated as a fixed amount for each accomplished task, or on hourly basis, daily rate, or based on the quantity of work done, which has been easily and adequately measured. The wages of this country if a efficiently calculated is $33 without trade and $50 with trade.
200,000 have to find what 10 percent is and multiply that by 10