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xxTIMURxx [149]
3 years ago
11

What is meant by bonded warehouse?

Business
1 answer:
Genrish500 [490]3 years ago
5 0
<span>A bonded warehouse, or bond, is a building or other secured area in which dutiable goods may be stored, manipulated, or undergo manufacturing operations without payment of duty. It may be managed by the state or by private enterprise.

Wikipedia Definition</span>
You might be interested in
Jel Sert Company makes convenient, durable, and eye-catching packaging. Its salesperson is demonstrating to a manufacturer of sp
muminat

Answer:

Sales presentation

Explanation:

The sales person of Jel Sert company is conducting a sales presentation to the customers.

Sales presentation is a method of persuading customers to purchase a product. It can also be called "sales pitch".

It is a marketing technique in which a salesperson make attempt to ensure that Customers buy a goods or services.

Sales presentation can be used to introduce new product in the market to the customers. It enhances the awareness of the customers about a product.

The salesperson gives the details about a product, how the product works, what the product is used for and the uniqueness of the product.

Sales pitch or presentation could either be formal or non-formal.

3 0
4 years ago
Read 2 more answers
Susan Wilson wants to accumulate $14,500 by the end of 12 years. If the annual interest rate is 5.70 percent and interest compou
Aleksandr [31]

Answer:

She have to invest $7,387 today to achieve goal

Explanation:

Future value is the accumulated value of principal and compounding interest after some period of investment.

Target Future value = A = $14,500

Number of year = 12 years

Yearling compounding = 2 time a year

Total compounding = n = 12 x 2 = 24 compounding periods

Interest rate = r = 5.7% yearly = 5.7% / 2 = 2.85% semiannually

A = P ( 1 + r )^n

$14,500 = P ( 1 + 2.85% )^24

$14,500 = P x 1.963

P = $14,500 / 1.963

P = 7,386.65

P = 7,387

8 0
3 years ago
Hayduke Corporation reported the following results from the sale of 5,000 units in May: sales $300,000, variable costs $180,000,
dsp73

Answer:

4,444.44 units

Explanation:

For the computation of Number of units to be sold to earn target profit first we need to follow some steps which are shown below:-

Selling price per unit = Sales ÷ Number of units sold

= $300,000 ÷ 5,000

= $60

Variable cost per unit = Total variable cost ÷ Number of units sold

= $180,000 ÷ 5,000

= $36

Increase in selling price = $60 × 5%

= $3

New selling price per unit = $60 + $3

= $63

New contribution margin per unit = New selling price per unit - Variable cost per unit

= $63 - $36

= $27

Number of units to be sold to earn target profit = (Fixed cost + Target profit) ÷ Contribution margin per unit

= ($90,000 + $30,000) ÷ $27

= $120,000 ÷ $27

= 4,444.44 units

4 0
3 years ago
Xavier Heffner owns and operates Heffner Advertising Services. On January 1, 2018, Retained Earnings had a balance of $180,650.
insens350 [35]

Answer:

$ 184,650

Explanation:

Heffner Advertising Services Retained Earnings Statement For the Year Ended December 31, 2018

Retained earnings, January 1st, 2018 $180,650

Net Income$ 19,500

Dividends($23,500)

Change in retained earnings

($19,500- $23,500) $ 4,000

Retained earnings, December 31st, 2018

($180,650+$4,000) $ 184,650

Therefore Heffner Advertising Services Retained Earnings Statement For the Year Ended December 31, 2018 will be $184,650

6 0
3 years ago
Who makes more money uber drivers or lyft drivers?
mel-nik [20]
Uber mostly because there are a lot more people using uber then lyft but both jobs are good for money.
6 0
3 years ago
Read 2 more answers
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