Paul Ramos just graduated from college and landed his first "real" job, which pays $23,000 a year. In 10 years, what will he need to earn to maintain the same purchasing power of inflation averages 3 percent?

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Answer 1

Paul Ramos will need to earn $35,224 to maintain the same purchasing power of inflation averages 3 percent.

Inflation is an important concept that affects everyone's purchasing power and standard of living. It refers to the rise in prices over time, which reduces the value of money.

In this context, we will look at how inflation affects Paul Ramos' purchasing power over the next 10 years and how much he will need to earn to maintain his standard of living.

To calculate the amount Paul will need to earn in 10 years to maintain the same purchasing power, we need to consider the average rate of inflation over the next decade. If the inflation rate averages 3 percent per year, we can use this formula to find the amount needed:

Amount needed = $23,000 * (1 + 0.03)^10

Where 0.03 represents the inflation rate of 3 percent. The exponent (10) represents the number of years. Plugging in the numbers, we find that Paul will need to earn $35,224 in 10 years to maintain the same purchasing power as $23,000 today.

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Related Questions

IIn the United States, which of these financial institutions arrange most primary market transactions for businesses?a. Asset transformerb. Direct transfer agentsc. Investment banksd. Over-the-counter agents

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Most primary market transactions for businesses are arranged by investment banks.

A provider of financial services that serves as a middleman in significant and intricate financial transactions is known as an investment bank.

When a young firm is ready to launch its initial public offering (IPO) or when a company combines with a rival, an investment bank is typically engaged.

Additionally, it serves as a financial advisor or broker for major institutional clients such pension funds.

JPMorgan Chase, Goldman Sachs, Morgan Stanley, Citigroup, Bank of America, Credit Suisse, and Deutsche Bank are examples of international investment banks.

A lot of these names also have divisions that take care of the demands of high-net-worth people in terms of investments and retail community banking.

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the cost of goods manufactured for a period is the . multiple choice question. average value of the work in process account value of all jobs transferred from finished goods to cost of goods sold sum of all amounts transferred between the work in process account and the finished goods account during that period sum of all jobs in finished goods account at the end of the period

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The cost of goods manufactured is the value of all jobs transferred from Work in Process to Finished Goods. So option b is the right choice

The total of all direct costs incurred in producing an item constitutes the cost of goods sold (GOGS). It may be included on an income statement and usually includes money spent on labor and raw supplies. It excludes commissions connected to marketing, sales, or distribution.

The direct costs incurred, such as those for production, inventory acquisition, labor, and raw materials, make up the majority of COGS. Cost of goods sold (COGS) and cost of sales are other names for the same concept.

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allspice incorporated plans to do business with a company located in the leone republic, a common law country. the companies have agreed to draft the business contract in the leone republic. since the contract will be drafted under a common law framework, what best characterizes the contract? group of answer choices very detailed with all contingencies spelled out short less expensive than a contract drafted under a civil law system somewhat general since many issues are already covered in the law easy to draft

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The best characterization of a business contract drafted under a common law framework is that it is somewhat general, since many issues are already covered in the law. Last option.

What is a contract?

A contract is a legally binding agreement between two or more parties that sets out each party's obligations and rights. It can be written, verbal, or implied by conduct. Contracts can be used in a variety of situations, such as in the sale of goods, provision of services, or employment relationships.

In order to be enforceable, a contract must typically include elements such as offer, acceptance, consideration, and mutual agreement on the terms and conditions of the agreement. If one party breaches the contract, the other party may be entitled to seek damages or other remedies through the legal system.

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a company's january 1, 2022 balance sheet reported total assets of $115,000 and total liabilities of $44,000. during january 2022, the following transactions occurred: (a) the company issued stock and collected cash totaling $25,000; (b) the company paid an account payable of $5,500; (c) the company purchased supplies for $2,500 with cash; (d) the company purchased land for $45,000, paying $14,000 with cash and signing a note payable for the balance. what is total stockholders' equity after the transactions above?

Answers

After the preceding transactions, the total equity held by shareholders is $109,000.

Total stockholders' equity after the transactions above = Total Assets - Total Liabilities

Calculate Total Assets

Total Assets = $115,000 + $25,000 - $5,500 - $2,500 + $45,000 - $14,000

             = $167,000

Calculate Total Liabilities

Total Liabilities = $44,000 + $14,000

                  = $58,000

Calculate Total Stockholders' Equity

Total Stockholders' Equity = Total Assets - Total Liabilities

                         = $167,000 - $58,000

                         = $109,000

Therefore, the total stockholders' equity after the transactions above is $109,000.

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xavier is analyzing potential market segments. he should carefully seek potential customers who have both an interest in his products and

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Option A is Correct. Xavier is researching possible commercial niches. He needs to carefully look for possible consumers who are interested in and able to purchase his stuff.

As part of his marketing mix, Xavier can communicate the value his offerings bring and present competitive comparisons if he chooses clients who are interested in the types of items he sells and have the financial means to make a purchase.

You need to look for customers who are able and willing to buy your goods or services when you assess your potential marketplaces. If someone is willing, it suggests they have an unmet need that your good or service fills. If someone is able, it suggests they have the resources to buy your good or service. Fee is just one of the many names for a charge.

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Correct Question:

Xavier is analyzing potential market segments. He should carefully seek potential customers who have both an interest in his products and

A. the ability to buy them.

B. are removed from traditional marketing alternatives.

C. knowledge of competing products.

D. the ability to negotiate discounts.

E. a thorough knowledge of his brand messages.

According to the book, what is the most heinous (the worst!) of all social class biases? The bigotry of the working class The bigotry of class segmentation The bigotry of no expectations. The bigotry of low expectations The bigotry of high expectations

Answers

The correct response is b. The bigotry of class segmentation. The most heinous of all social class biases is the bigotry of class segmentation.

The term "segmentation" refers to the division of a market into distinct, actionable, profitable, and portions with room for expansion. To put it another way, due to limitations on time, money, and effort, a corporation would not be able to target the entire market. By segmenting your audience, you may contact a customer or prospect more accurately based on their unique requirements and preferences. You can: More accurately determine your most valuable consumer segments. By focusing just on the people who will likely be your best clients, you may increase the return on your marketing spend. When deciding which customers to cultivate connections with, how to categorize them, and what marketing initiatives to implement to effectively reach your target market, a marketing segmentation plan is helpful.

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if toyworld moves to level production, how large of a line of credit will they need to obtain from their bank to cover their financing needs for 1994

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It is not possible to determine the exact size of a line of credit that Toyworld would need to obtain from their bank to cover their financing needs for 1994 without more information. There are many factors that would influence this, including the size of the company, the nature of its operations, the amount of money it requires to meet its obligations, and the overall financial and economic climate of the time.

A line of credit is a type of loan that allows a company to borrow money as needed, up to a specified limit. This type of financing can be a flexible and convenient way for a company to access the funds it needs to operate, but it also comes with a certain amount of risk.

The bank would then assess the company's financial strength and its ability to repay the loan, and set a credit limit based on this information. It is likely that the bank would also consider factors such as the company's collateral, the length of the loan, and the interest rate.

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Which of the following are external transactions? •Purhasing inventory from suppliers
•Paying salaries to employees
•Borrowing money from the bank

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Purchasing inventory from suppliers, Paying salaries to employees, Borrowing cash from the bank.

External transactions (also recognised as commercial enterprise transaction codes) are bank-specific codes for commercial enterprise transactions, each of which entails a special kind of payment. Use. The external transaction code is issued by banks in the digital account statement.

What is exterior transaction example?

Examples of external transactions encompass the purchase of merchandise from a supplier, fee of money to a creditor, and fee of income to a worker.

Do accountants record external transactions?

Accountants report both internal and exterior transactions. Internal transactions do now not affect the primary accounting equation because they are economic activities that occur entirely inside one company. The purchase of shop tools for cash reduces stockholders' fairness by means of an equal amount.

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what is the value of exports? $ billion b. what is the value of national income?

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The value of exports is usually measured in terms of the total value of goods and services exported from one country to another. The value of national income is usually measured as the total value of all goods and services produced by a country over a given period of time.

What is national income?

Generally, National income is the total amount of money earned by the citizens of a country in a given period of time, usually one year. It includes wages, salaries, investment income, rental income, and government transfers.

It is a measure of the economic output of a country and is used to measure the overall economic health and compare the wealth of different countries.

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an example of a perfectly competitive market would be the

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An example of a perfectly competitive market would be the market for soyabeans that is option B is correct.

Market is a place where the consumers can get all the necessary items that are required for daily living. Markets are of different types. A perfectly competitive market is the one n which there is competition within the products very sharply. It means that if any consumer finds a flaw in any product then the consumer can look for the alternative of the product within the market. This means there are always alternative present for products within perfectly competitive markets. In the Soyabean market if the prices of soyabeans go high consumers will purchase different vegetables instead of Soyabean so its market is perfectly competitive.

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Complete Question:

An example of a perfectly competitive market would be the market for...

a) electricity

b) soybeans

c) coffee shops

d) restaurants

Doeringer's research suggests that Japanese managers pay ______ attention to values and _______ attention to business performance.

Answers

Doeringer's research suggests that Japanese managers pay a lot of attention to values and a lot of attention to business performance.

Business performance refers to the success or effectiveness of a company in achieving its goals and objectives. It encompasses a variety of metrics and measures, including financial results such as revenue, profit, and return on investment, as well as operational metrics such as customer satisfaction, employee engagement, and productivity. The overall business performance can also be influenced by factors such as market conditions, competition, and the company's strategic direction.

Businesses regularly evaluate their performance to identify areas for improvement and to make adjustments to their strategy as needed. Effective performance management helps companies to remain competitive, maintain profitability, and achieve long-term success. Business performance is an ongoing process that requires ongoing monitoring and improvement, as well as the ability to adapt to changing circumstances and market conditions.

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the state senator was found guilty of when she tried to extort money from an international business that wanted to open a manufacturing plant in her state. group of answer choices public transparency private violation public action foreign corrupt practices private theft

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The state senator was found guilty of public corruption/extortion.

What is public corruption/extortion?

Extortion is the act of using coercion or threats to force someone to give up money, property, or some other valuable item. It is a type of criminal offense in which the victim is threatened with harm or some other adverse consequence if they do not comply with the demands of the person committing the extortion. Extortion typically involves the abuse of power or trust, and can involve threats of physical harm, damage to property, harm to reputation, or other types of harm. It is illegal and considered a serious crime in most jurisdictions.

Hence, the answer is, the state senator was found guilty of public corruption/extortion.

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you are the engineer in charge of selecting and staffing projects. you need to prioritize the selection of 4 projects out of a total of 12 possible projects. how many different sets of projects will you need to analyze

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The equation through which we an analyze different sets of projects is n!/(r!(n-r)!).

The order of the objects is irrelevant in the NCR combination and arrangement. NCR is defined as the process of choosing items without taking the arrangement's order into account. When selecting feasible configurations without taking order into account, the NCR formula is utilized.

The NCR formula is used to calculate the number of possible combinations in which r objects are picked from n objects, with no regard for order. It is shown in the manner below.

nCr=nPrr!=n!r!(n−r)!

The total number of items is "n".

The number to be chosen from a list of n items is "r".

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amy, working for an engineering firm, is leading a project with several engineers to make a number of prototypes for a customer. to make the prototypes, large quantities of adhesive is required. amy received bids from several suppliers and chose one that has just developed a new bonding adhesive that works in conditions from 150 to -5 degrees celsius, which is the main requirement. the contract has been awarded to the supplier, and a stipulation is in place that the supplier is responsible for any failures of the adhesive that occurs within the documented temperature range. the stipulation requires the seller to reimburse all costs associated with any damages incurred due to the adhesive. norman, an engineer, discovers that the adhesive no longer works in conditions where the humidity is above 85%. amy did not anticipate this risk and has no plan in place to address the issue. which action should amy take? answers a. submit a change request for a new adhesive and implement a workaround b. contact her company lawyers and have them request payment for damages from the supplier c. refer to the risk register to see what options are available d. implement a response strategy to correct the issue

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A) Markets are no longer completely free due to government involvement that sometimes directs and sometimes impacts them.

As a result, it has the potential to alter distribution as well as the pricing and quantities of goods and services sold. An economic discussion on the advantages and disadvantages of such intervention has lasted for many years.

These economists' disagreements are most likely the result of contrasting ideologies.

Which claim is two randomly selected economists most likely to agree on, despite their differences?

B. An excessively high proportion of elected politicians are lawyers.

Given that it has nothing to do with how the government affects the economy, but rather how the political class is made up, they are likely to agree on this subject. Therefore, there is no ideological contradiction.

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the area between which two points on the ppf could represent an improvement in allocative efficiency?

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When an entity reaches its production efficiency limit, it can no longer create more of one thing without reducing the production of another.

What elements impact the allocative efficiency?

In addition to tenurial contracts, operated land, the interlinkage of factor markets, and the accessibility of financing to rural households are other factors that have a substantial impact on allocative efficiency. The output-oriented distance to a frontier in a space of profit-technical efficiency is used to generate an indicator for allocative efficiency. However, an evaluation of input-saving technical efficiency is required, i.e., how less input could be used to obtain specific outputs.

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you are responsible for chartering a project for your organization and you want to assign a project manager to help define the high-level scope and perform other initiation activities. which skill or knowledge would be least desirable for a project manager at this point in the project? answers a. data gathering techniques b. oral and written communication techniques c. facilitation d. time management

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Time management is the skill or knowledge would be least desirable for a project manager at this point in the project.

Who Writes the Project Charter? The project manager often draughts the project charter. The sponsor, however, is a further important contributor to the creation of this paper. The sponsor is the project's primary creator and backer.One of a project manager's first jobs before a new project is to create the project charter. It is a formal announcement of the project's selection and approval that also gives the project manager the go-ahead to complete the project's goals while utilising organisational resources.The project manager must provide suggestions and maintain project business cases, project management plans, and project charters.

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The overriding reason why households and societies face many decisions is that
a. resources are scarce.
b. goods and services are not scarce.
c. incomes fluctuate with business cycles.
d. people, by nature, tend to disagree.

Answers

The overriding reason why households and societies face many decisions is that a. resources are scarce. The main reason why households and societies face many decisions is that resources are scarce.

The resources available are not enough to meet the needs and wants of a society or household.This leads to a situation where individuals, households, and societies must make decisions about how to allocate the limited resources available in order to ensure that their needs and wants are satisfied.

In order for individuals and societies to make the best decisions about resource allocation, they must assess their needs and wants and weigh the costs and benefits of different decisions. This is why households and societies must face many decisions as they strive to maximize the use of their limited resources.

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blood banana case study: how did chiquita corporation end up paying the terrorist?

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The Chiquita Corporation continued to operate in the region and eventually found itself facing demands for protection payments from the AUC. Fearing for the safety of its employees and operations, the company made payments to the terrorist group for several years.

The Blood Banana case study involves the Chiquita Corporation, an American multinational corporation that was found to have made payments to a terrorist group in Colombia.

This case is a cautionary tale of the challenges that corporations can face when operating in countries with a high level of political instability and conflict.

The Chiquita Corporation was operating in Colombia, where it grew and exported bananas. The region was plagued by violence and conflict, including the presence of a terrorist group known as the United Self-Defense Forces of Colombia (AUC).

The AUC was known for committing acts of violence and terrorizing local communities, and was designated as a foreign terrorist organization by the United States government.

The payments made by the company were eventually discovered and led to a lawsuit against the Chiquita Corporation. The company was fined and faced public backlash for its actions, leading to a loss of reputation and significant financial losses.

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question content area top part 1 in how many different ways can a committee of 3 senators be selected from the 100 members of the u.s. senate?

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Two representatives for each state in the US are chosen to serve in the US Senate. Senators are those individuals.

There are 100 senators in the US since there are 50 states. One-third of senators are chosen every two years, and they can only serve for six years at a time. hundred comma five I also receive 75 287 520. The number of methods is that. Out of a total of 100 representatives, we can pick five. A senator must be at least thirty years old, a citizen of the United States for at least nine years, and a resident of the state they will be representing when elected, according to the Constitution.

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Match each type of passive transport mechanism: Extracellular space (c) 9909 (d) 000 Cell membrane 0000000 ooo 000000000 Intracellular space Drag and drop options on the right-hand side and submit. For keyboard navigation... Show More HII (a) Facilitated diffusion with channel protein (c) Simple diffusion MacBook Air ng Assignment: Cell Structure and Function ork. Due in 5 days 44/57 answered (b) (c) (d) 0909 Cell membrane 6000000 6000 00 0000 600 Intracellular space Drag and drop options on the right-hand side and submit. For keyboard navigation... Show More (a) Facilitated diffusion with channel protein (c) III Simple diffusion (d) III Facilitated diffusion with carrier protein (b) III Osmosis

Answers

Match each type of passive transport mechanism:

A) Simple diffusion because the particles travel across a semipermeable membrane from one concentration to another.

B) Use channel proteins to make diffusion easier because channel proteins are involved in moving particles from higher to lower ewgio without using ATP energy.

C) Osmosis because particles represent water molecules. Oxygen is the largest atom, and hydrogen is attached to two small atoms. A semipermeable membrane is used in osmosis to move solvent particles from a high-concentration area to a lower-concentration area.

D) Carrier proteins facilitated diffusion.

because particles are transferred from higher to lower energies by carrier proteins without the use of ATP energy.

What is Passive Transport Mechanism?

The movement of substances across cell membranes without the use of energy is known as passive transport. Passive transport, in contrast to active transport, relies on the second law of thermodynamics to propel the movement of substances across cell membranes. This method does not make use of cellular energy.

Diffusion, facilitated diffusion, and osmosis are the three passive transportation methods.

Energy is not needed for passive transport. Diffusion, the movement of molecules from an area with a high concentration to one with a low concentration, is an illustration of passive transport. Facilitated diffusion is mediated by channel proteins and carrier proteins.

In a cell, there are four different kinds of transport mechanisms. Primary active transport, facilitated diffusion, simple diffusion, and secondary active transport are all examples of these.

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what is the sample mean years to maturity for corporate bonds and what is the sample standard deviation?

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The sample mean years to maturity for corporate bonds is a measure of the average length of time until the maturity of the bonds in the sample. It is calculated by summing the years to maturity of all the bonds in the sample and dividing by the number of bonds.

The sample standard deviation is a measure of the spread or dispersion of the data around the mean. It is calculated by taking the square root of the variance, which is the average of the squared differences between each bond's maturity and the sample mean.

Mean and standard deviation are important concepts in statistics that are used to describe the average and variation of a set of data. In finance, these concepts are used to describe the characteristics of investments such as corporate bonds.

Both the sample mean and sample standard deviation are important indicators of the risk and potential return of an investment in corporate bonds.

A lower standard deviation indicates that the bonds in the sample are more similar in terms of their maturity, while a higher standard deviation indicates more diversity in the sample.

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a market economy is also known as a _____ economy, and decisions are made by _____.

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Consumers and producers make decisions based on supply and demand in a market economy, commonly referred to as a capitalist economy.

Define the function of the market economy.

A market economy is a form of economy in which the production and exchange of goods and services are based on the laws of supply and demand, with market forces acting on pricing rather than government regulation. In a market economy, people and companies are free to decide for themselves what to create, how to produce it, and how much to sell it for. As a result, market rivalry and the profit motive drive resource allocation, resulting in a more effective use of resources and more innovation. Market economies have been proved to be successful at fostering economic growth, but they may also give rise to issues like income inequality as well as other market failures that may require government intervention to fix.

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which two organizational buyers could be considered part of the industrial market?

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Public utilities and mining companies

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fixed investment refers to investment in stocks, bonds, and improvements to land. group of answer choices true false

Answers

No, fixed investment refers to investment in stocks, bonds, and improvements to the land.

What is a fixed investment?

In economics, fixed investment refers to the acquisition of recently created fixed capital. Its measurement is done as a flow variable, or as a sum per unit of time. The acquisition of tangible assets like machinery, land, buildings, installations, vehicles, or technology is what is referred to as a fixed investment. A company's balance sheet typically includes both the total value of the stock of fixed assets possessed and the amount spent on fixed assets during the quarter or year. Contrasted with investments in labor, ongoing running costs, materials, or financial assets are fixed investments. Bonds are an example of a financial asset that can be kept for a set period of time, but because they don't entail the acquisition of tangible fixed assets, they aren't typically referred to as "fixed investments."

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Which one of the following statements regarding corporations is correct?
A. The rules describing how a corporation regulates its own existence are set forth in the bylaws.
B. The procedures to be followed for electing corporate directors are included in the articles of incorporation.
C. Corporate income is taxed only when the corporate earnings are distributed to shareholders.
D. A corporation is the easiest form of business entity to create.

Answers

The statement which is correct regarding corporations is option A. The rules describing how a corporation regulates its own existence are set forth in the bylaws.

A corporation is a group of individuals or a business that has been given legal status as a single entity by the state and is used for specific legal objectives. Early corporations were created with a charter. The majority of governments currently permit the formation of new corporations.

The company's internal administration and operations, such as the rules for committee meetings, dividends entitlements, and other matters, are often governed by the articles of incorporation or bylaws, which serve as the secondary document. The procedures for calling and scheduling meetings, as well as for conducting them, are outlined in the bylaws. This gives the board a way to stay informed about the state of the business and deal with concerns for the group.

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which of these will promote a strong culture of ethics at sybil?
o promoting insider trading
o only rewarding sales
o a sole focus on Carroll’s economic responsibility
o a code of ethics

Answers

Correct answer here is - promoting insider trading will promote a strong culture of ethics at sybil.

What is the reason of insider trading?

Illegal insider trading refers generally to buying or selling a security, in breach of a fiduciary responsibility or other relationship of have confidence and confidence, on the basis of material, nonpublic statistics about the security.

Insider buying and selling can be damaged down into two well-known categories: (1) buying securities prior to the announcement of good news, such as unexpectedly excessive quarterly earnings, or a promising merger; or (2) promoting securities prior the announcement of bad news, such as a decline in quarterly revenue.

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A 55 year old recently received a $30,000 distribution from a previous employer's 401k plan, minus $6,000 withholding. Which federal taxes apply if none of the funds were rolled over?

Answers

On $30,000, income taxes and a 10% penalty tax apply.

The phrase "income" often refers to the total sum of cash, assets, and other value transfers received over a predetermined period of time in return for goods or services. The wage they receive from their employment is a common example of income for many people. Income can be any money that a person or business receives in exchange for labour, the creation of goods and services, or the placement of capital. Another source of revenue is the pay one receives from their employer, albeit not all forms of money are salaries. Income is made up of things like profits, dividends, shares, salaries, and investments.

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on the worksheet, after totaling the debit and credit balance sheet columns, the difference is .

Answers

The worksheet's difference is the amount of Net Income or Net Loss for the period after adding the debit and credit balance sheet columns.

What are Accounting worksheets?

A worksheet used by the accounting division to model and analyze account balances is known as an accounting worksheet.

For checking that accounting entries are obtained accurately, a worksheet is helpful.

Tracking changes to an account from one period to the next can also be useful.

The amount of Net Income or Net Loss for the time period after adding the debit and credit balance sheet columns is the difference in the worksheet.

The original trial balance, revisions to the trial balance, adjusted trial balance, income statement, balance sheet, and statement of retained earnings are all listed in columns in the worksheet's several sections.

There must be balanced totals in each column of the worksheet's debit and credit columns.

Therefore, the worksheet's difference is the amount of Net Income or Net Loss for the period after adding the debit and credit balance sheet columns.

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Which of following are true about the advantages and disadvantages of being a franchise owner:
Having a nationally recognized name for your business in a franchise can help with marketing and awareness,
While the upfront costs of a franchise may be steep, a franchise has a better chance of succeeding than starting a business from scratch

Answers

The following statements are true about franchise owner:

In a franchise, having a well-known brand can help with marketing and public recognition.Although a franchise may have high startup expenditures, doing business through a franchise has a higher probability of success.

Who is franchise owner?

A franchise owner is an individual or entity that purchases the rights to operate a business under an established brand. By becoming a franchisee, they gain access to a proven business model, recognized trademarks, and support from the franchisor.

The franchise owner pays fees and royalties to the franchisor in exchange for the use of their intellectual property, training, and ongoing assistance. While the franchise owner operates independently, they must adhere to the guidelines and standards set by the franchisor to maintain brand consistency.

This arrangement offers the franchise owner a greater chance of success compared to starting a business from scratch, as they benefit from an established reputation, marketing support, and a network of resources provided by the franchisor.

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exxon-mobil and walmart are examples of a kind of corporation that produces goods and services for sale around the world. what is this special type of company called?

Answers

Exxon-Mobil and Walmart are examples of a kind of corporation that produces goods and services for sale around the world.  It is called a multinational company .

Option A is correct.

Multinational company :

A company that has offices and operations in two or more countries around the world is considered to be a multinational corporation. Most of the time, these businesses are run from a central office in the country where they were founded. A company is not a multinational corporation merely by exporting goods for international sale.

Why is it known as a multinational corporation?

A multinational corporation (MNC), also known as a transnational corporation, is any business that is authorized to conduct business in more than one nation at the same time. In most cases, the company has its headquarters in one country and subsidiaries that are wholly or partially owned in other countries.

Incomplete question :

Exxon-Mobil and Walmart are examples of a kind of corporation that produces goods and services for sale around the world. What is this special type of company called?

A.-multinational

B.-horizontal merger

C.-conglomerate

D.-franchise

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