I'm Pretty Sure The Answer Is C.receipt. Bc a receipt shows what you paid for
What is the full question?? :)
Answer:
C
Explanation:
Lets understand the terms given in simple language, first.
- Acquisition -- occurs when a company takes control of most or all of another company
- Licensing -- this is when a company gives permission to another company to manufacture its product, with payment terms
- Joint venture -- this is when 2 or more businesses jointly put their resources at work to accomplish more business or a specific task
- Exporting -- business selling their goods to other countries
- Franchising -- this is when a company gives rights to another to sell their products
In this problem, we see that Chinese companies wants a part of foreign companies when they want to do business in China. That means, both foreign and Chinese company do business together.
We can rule out acquisition, exporting, franchising immediately.
Licensing is rules out as well because they are doing it "TOGETHER", that can mean only "joint venture".
<u>C is the correct choice.</u>
Answer:
Product
Explanation:
When a person is developing a plan, he must understand the product he is selling.
He can only develop an effective plan if he knows the complete dimensions of the product at hand. An incomplete understanding would lead to developing an ineffective plan that might create the wrong perception of it in the minds of the consumer and eventually effect the sales negatively or maybe engage the wrong market in the process.
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Uptown Athletic had an inventory of $400,000. During the year, the company purchased goods costing $1,500,000. If Uptown Athletic reported ending inventory of $500,000 and sales of $2,000,000.
Cost of goods sold= beginning inventory + purchase - ending inventory
COGS= 400,000 + 1,500,000 - 500,000= 1,400,000
Sales= 2,000,000
COGS= 1,400,000
Gross profit= 600,000 30%
