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bonufazy [111]
2 years ago
8

Emerson, inc., reported that it owns and operates 265 companies worldwide with 23% of its sales coming from europe, 18% from asi

a, 46% from the u.s., and 13% from other parts of the world. clearly, emerson exemplifies ________________.
Business
1 answer:
Ivahew [28]2 years ago
6 0
Emerson, inc, reported that it owns and operates 265 companies worldwide with 23% of its sales coming from europe, 18% from asia, 46% from the United States and 13% from the other parts of the world. Clearly, emerson exemplifies multinational corporation.
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During the month of May, direct labor cost totaled $13,230 and direct labor cost was 45% of prime cost. If total manufacturing c
Mama L [17]

Answer:

$38,970= allocated overhead

Explanation:

Giving the following information:

direct labor cost totaled $13,230

direct labor cost was 45% of prime cost.

The total manufacturing costs in May were $81,600.

The prime cost is calculated summing the direct material and direct labor cost.

<u>First, we need to calculate the direct material cost:</u>

Direct material= (13,230*100)/45= 29,400

Prime costs= 29,400 + 13,230= 42,630

Now, we can calculate the allocated overhead:

total manufacturing costs= direct materials + direct labor + allocated manufacturing overhead

81,600= 42,630 + allocated overhead

38,970= allocated overhead

8 0
2 years ago
During its first year of operations, Eastern Data Links Corporation entered into the following transactions relating to sharehol
gizmo_the_mogwai [7]

Answer:

Eastern Data Links Corporation

Journal entries

Step 1.

Issuance for Common stock at a premium in exchange for cash

Feb 12,

Dr. Cash account with $18,000,000

Cr. $1 Ordinary share Capital Account with $2,000,000

Cr. Ordinary share premium Account with $16,000,000

(Being $18million received for 2million shares valued at $1 and sold at a premium of $9)

Step 2.

Issuance for Common stock at a premium in settlement of a liability due

Feb 13,

Dr. Accounts Payable account with $360,000

Cr. $1 Ordinary share Capital Account with $40,000

Cr. Ordinary share premium Account with $320,000

(Being $360,000 legal expense liquidation in exchange of 40,000 shares valued at $1 and sold at a premium of $9)

5 0
2 years ago
Suppose GDP in an economy is $3,542 billion. Personal Consumption Expenditures (C) are $2,343 billion, Government Spending (G) i
aleksandrvk [35]

Answer: -$45 billion.

Explanation:

Net Exports refers to Exports out of a country less imports into the country and it is a component of GDP using the Expenditure method. The other components include Government Spending, Investment and Consumption all of which are given in the above question.

The Net Exports are therefore;

GDP = Consumption + Investment + Government Spending + Net Exports

3,542 = 2,343 + 865 + 379 + Net Exports

3,542 = 3,587 + Net Exports

Net Exports = 3,542 - 3,587

Net Exports = -$45 billion

The Net Exports are negative which means that more goods were imported than were exported.

6 0
2 years ago
Emma supervises and leads a team implementing the upgrade of a company's
Georgia [21]

ANSWER: The correct answer is IT project manager.

Explanation:

Job description of a Project manager is to lead the team work,implement the plans and fulfill the targets. It is the most challenging  yet important job to do. They manage the risk related to the project. Here Emma is supervising and leading the team with updated technology so that the budget can be maintain and the targets can be reach on time.

8 0
2 years ago
Prof. Chaos finds a new house he wants to buy for $260,000. After selling his current house he expects to have $80,000 as a down
olchik [2.2K]

Answer:

The monthly payment will be for  259.35

Explanation:

we will calculate the couta for an ordinary annuity of 30 years at 4% discount rate

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV  $180,000.00

time 360 (30 years x 12 months per year)

rate 4% divided into 12 months: 0.003333333

180000 \div \frac{1-(1+0.003333)^{-360} }{0.003333} = C\\

C  $ 259.348

5 0
2 years ago
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