The answer is option "<span>d. conduct research and development activities in developing countries".
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MNE stands for a multinational enterprise, which refers to an organization that has a globally deal with business sectors, creation as well as tasks in a few nations. Famous MNEs incorporate fast-food organizations or companies are McDonald's (MCD), (YUM), Starbucks Coffee Company (SBUX), Microsoft (MSFT), and so on. Other mechanical MNEs incorporate vehicle producers, for example, Ford Motor Company, and General Motors (GMC).
Answer:
We have to assume specific tax rate to come up with the income tax expenses. Let assume the tax rate is 30%.
The income tax expense in year 2: $53,400.
Explanation:
We have:
Depreciation expenses of the equipment in the second year = (Initial cost - salvage value) / Useful life = (168,000 - 0)/4 = $42,000.
Profit before tax in year 2 = Sales in year 2 - operating expenses in year 2 - Depreciation expenses in year 2 = 520,000 - 300,000 - 42,000 = $178,000.
Income tax expense in year 2 = Profit before tax in year 2 x tax rate = 178,000 x 30% = $53,400.
So, the answer is $53,400.
Answer:
c. A credit to Cash of $272.75.
Explanation:
These transactions can be explained with the help of T- Account .
<h2><u> Cash </u></h2><h3><u>Debit Credit </u></h3>
Bal $ 500
Freight $61
Shipping
Charges $ 85
Supplies $ 50
Donation $ 69
Suspense 7.75
<u>Fund $ 227.25 </u>
Fund $ 227.25
<u> Reimbursement </u><u> $272.75</u>
<u> $ 500 </u>
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<em><u>As there is shortage of $ 272.25 in the amount of $ 500 the petty cash will be reimbursed with this amount.</u></em>
<em><u>An amount of $ 7.75 is short which is dealt in suspense account and reimbursed with the amount falling short.</u></em>
Answer: Selling exports abroad at a lower price than the domestic price.
Explanation:
Dumping is a practice in international trade where the country exporting, does so at a price that is lower than the domestic price of the good being exported in the importing country.
This allows the country exporting to gain more market share but can also lead to the collapse of the domestic industry thereby allowing for an export based monopoly to form.
An example would be Japan selling electronics in the U.S. at lower rates to capture market share even though those same electronics commanded a higher price in Japan.
