Answer: Local- content laws
Explanation: In simple words, these refers to the rules and regulation made by the government requiring foreign firms to use domestic resources if they want to operate in that economy.
In the given case, Thailand requires foreign companies selling milk products to use domestically produced milk for their production.
Hence from the above we can conclude that the economic risk involved is regarding to local content laws.
Answer:
$ 464,120
Explanation:
Data provided :
Estimated total fixed manufacturing overhead = $ 492,000
Estimated machine hours = 30,000 hours
Actual total fixed manufacturing overhead = $ 517,000
Actual total machine-hours during the period = 28,300 hours
Estimated overhead Rate is given as:
= ( Estimated Fixed Manufacturing Overhead) / (Estimated Machine Hours )
or
Estimated overhead Rate = $ 492,000 / 30,000 hours = $ 16.4 / hr
Now,
the total amount of overhead = overhead Rate × Actual total machine-hours
or
the total amount of overhead = $ 16.4 / hr × 28,300 hours = $ 464,120
Any single quantity in the world can be interpreted in better than one way. Unit conversion is a method by that we can go back and forth between various units.
<h3> Unit conversion </h3>
Given:
R=9,350 ydR=9,350 yd is the range in yards
Since we want the content in miles here, we will be utilizing the conversion factor:
1 mi=528 ft1 mi=528 ft
3 ft=1 yd3 ft=1 yd
So to do a unit conversion process, we say these conversion factors as a particle that equals 11. We describe this concept in this precise conversion:
R=9,350 yd(3 ft1 yd)(1 mi528 ft)R=9,350 yd(3 ft1 yd)(1 mi528 ft)
We set up our conversion factors here as particles that equal 11. We set the units up in such a way that they can balance each other out:
We will thus get:
R=53.125 mi
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<u>Given:</u>
Beginning retained earnings = $217,000
Revenues = $417,000
Expenses = $358,500
Dividends = $12,700
<u>To find:</u>
Ending retained earnings
<u>Solution:</u>
To calculate the ending retained earnings first we have to calculate the net income of the company. The formula to calculate the net income is as follows,
On plugging in the values in the above formula we get,
The formula to calculate the ending retained earnings is as follows,
Therefore, the retained earnings on the balance sheet as of December 31, 2016 will be $262,800 that is option c.
Answer:
The amount of depreciation expense the lessee should record for the first year of the lease is $108,000
Explanation:
To calculate the depreciation expense for each year the first thing you have to do is to substruct from the initial value the fair value at the end fo the lease, obtaining this way the depreciable amount.
For this case it would be:
$810,000 - $270,000= $540,000
Then you have to divide the depreciable amount by the years of the term the lease.
$540,000/5= $108,000
