The firm is not engaging in international trade is True.
(B) The firm is using a regional approach to international expansion.
<u>Explanation:</u>
When a company wants it's business to grow and expand in a new country it uses the regional approach. It is generally used when the company is quite established and it has a nice foothold in the country.
In the regional approach the business is first set up in the country and when it gains power it starts spreading across the borders to get a region as a whole.
Answer:
Loss of $7,000
Explanation:
Cost Price of the Machine
In Germany=€300,000
Exchange Rate on March 1, 2017 was 1.16 US$/€
Cost Price in USA=300,000 X 1.16
=$348000
Selling Price of the Machine
= US$350,000
Amount Paid to the dealer on April 1, 2017 at an Exchange Rate of 1.19 US$/€.
=€300,000X 1.19
=$357,000
Since the Cost Price is greater than the Selling Price,
Loss= C.P - S.P.
Loss =357,000-350000 =$7000.
The dealer made a loss of $7,000.
Answer:
$273,400
Explanation:
Given that,
Wages and salaries = $349,000
Depreciation = 290,000
Utilities = 199,000
Total = $838,000
Cost to be allocated to Assembly cost pool
:
= (Wages & salaries × 35%) + (Depreciation × 35%) + (Utilities × 25%)
= ($349,000 × 35%) + (290,000 × 35%) + ($199,000 × 25%)
= $122,150 + $101,500 + $49,750
= $273,400
Planning is the primary management responsibility which includes the process of creating budgets.
Planning provides a framework for a businesses financial objectives typically for the next three to five years. Thus, budgeting details how the plan will be carried out month to month and covers items such as expenses, revenue, expenses, potential cash flow and debt reduction.
A budget helps create financial stability. So by tracking expenses and following a plan, a budget can make it easier to pay bills on time, build an emergency fund, and save for major expenses etc.
Hence, a budget planning puts a person on stronger financial footing for both the day-to-day and the long term.
To learn more about budget here:
brainly.com/question/18803390
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To make the program effective, the activities written in
the program must be achievable by the participants in terms of physical achievability
and the set time duration. So the leader must make sure that the metrics used
in the tff program is:
<span>feasible</span>