<span>The Baseball’s growing popularity could be attributed to relocation diffusion, which means people relocate and establish other country’s custom in another. in recent decades many cultures that have been known to be found in the developed world such as hip hop has come to stay in other countries as people travel around the world and take other people’s culture to another place.</span>
Answer:
Local Content Requirements
Explanation:
Local content requirements are policies used by both developing countries and developed countries aiming at promoting the use of local inputs and fostering growth of domestic industries. It requires that a certain agreed upon percentage of intermediate goods or inputs used in the production process be gotten from local or domestic manufacturers.
Government imposes these local content requirements in order for foreign companies to be able to operate in their economy. When it is done properly, there's usually increases in the aspect of local employment with industrial and technological growth of the local manufacturers.
Answer and Explanation:
a. The computation of operating profit is shown below:-
Profit per unit = Purchase price from outside per unit + variable cost of production internally
= $15 - $7
= $8
Total increment in operating profit = Profit per unit × Total number of units
= $8 × 24,000
= $192,000
b. Minimum transfer price = Variable cost = $7 (because polk has overcapacity and there is no change in fixed cost and polk minimum has to recover its variable production cost)
c. Maximum transfer price = purchase cost from outside supplier = $15 (because if the internal transfer piece is more than $15 Bishop will lose so he prefers to buy from outside and the company as a whole will lose $192,000 in incremental operating profit
Answer:
A: $0
Explanation:
Holder in due course describes a person who has accepted a negotiable certificate in good faith.
It is one of the requirements by law for a holder in due course that it must not be aware of any defaults.
Since Happy Collection Agency knew about the default, it has no claim over the note.
