Snow co. began operations on january 2, 2017. it employs 15 people who work 8-hour days. each employee earns 10 paid vacation days annually. vacation days may be taken after january 10 of the year following the year in which they are earned. the average hourly wage rate was $24.00 in 2017 and $25.50 in 2018. the average vacation days used by each employee in 2018 was 9. snow co. accrues the cost of compensated absences at rates of pay in effect when earned. prepare journal entries to record the transactions related to paid vacation days during 2017 and 2018.

1. the political environment in india has proven to be critical to company performance for both pepsico and coca-cola india. what specific aspects of the political environment have played key roles? could these effects have been anticipated prior to market entry? if not, could developments in the political arena have been handled better by each company? 2. timing of entry into the indian market brought different results for pepsico and coca-cola india. what benefits or disadvantages accrued as a result of earlier or later market entry? 3. the indian market is enormous in terms of population and geography. how have the two companies responded to the sheer scale of operations in india in terms of product policies, promotional activities, pricing policies, and distribution arrangements? 4. “global localization” (glocalization) is a policy that both companies have implemented successfully. give examples for each company from the case.

(a) what do you think will happen if the price of non-gm crops continues to rise? why? (b) what will happen if the price of non-gm food drops? why?

From what part of income should someone take savings?