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Oxana [17]
3 years ago
5

Initially, Rhett believed he should maintain his production facilities within the United States and simply export his designer e

yeglass frames to foreign sellers. However, he lacked expertise in exporting. Rhett decided to see if the federal government could provide any help by contacting a(n):
Business
1 answer:
Vinvika [58]3 years ago
4 0

Answer:

Export Assistance Center

Explanation:

Export Assistance Center is the one which is established by the federal government to provide or offer the front line service and outreach for the operations to the US exporters.

These centres assist the business in US which are new exporting and would like to expand the additional markets of exports or to increase the market share in the existing markets.

So, Rhett lack in expertise in exporting so he decided to see if the federal government might provide help through contacting the export assistance centre.

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Answer the question in the pic.
CaHeK987 [17]

Answer:

Uhhhhhhh There's no picture.

7 0
3 years ago
Read 2 more answers
Sheldon and Morton formed a partnership with capital contributions of $80,000 and $40,000, respectively. Their partnership agree
Anastaziya [24]

Answer:

The answer is:

Sheldon: $39, 500;     Morton: $50, 500

Explanation:

A partnership is a binding agreement between two or more parties to carry on a business. The sole purpose of this agreement is to share skills and expertise so as to generate a profit. In a partnership, the partners have unlimited liability meaning that if the business established by the partners in unable to repay creditors, the creditors are legally allowed to seize the personal assets of the partners to cover the debts owing. However, in accounting for financial performance, the business is considered to be a separate entity (exists independent of the partners). Sheldon and Morton have established a profit-sharing arrangement that compensates Sheldon for the capital contribution (larger interest share) and Morton for his contributions to the business operations (larger salary share). The profit after these deductions is shared equally between the 2 partners. Assuming the given net income is after operations but before partner deductions, the share of the partners is calculated as follows:

                               Sheldon                           Morton

Interest                   $8,000                              $4,000

Salaries                  $10,000                             $25,000

Profit share            <u>$21, 500 </u>                           <u>$21, 500</u>

Total share            <u>$39, 500</u>                            <u>$50, 500</u>

Interest        (10% * $80, 000)                           (10% * $40, 000)

Profit share (50% * $43,000)                           (50% * $43,000)

Net Profit Share: $90, 000 - $(8,000 + 10,000 + 4,000 + 25,000)= $43,000

                     

8 0
3 years ago
For a recent year, McDonald's Company-owned restaurants had the following sales and expenses (in millions): Sales $25,700 Food a
Aleks [24]

Answer:

a. $9,338

b. 0.363

Explanation:

a. Contribution Margin  = Sales - Variable Cost

Where Sales = $25,700

Variable Cost = Food & Packaging + Payroll + 40% x General, Selling and Administrative expenses

V.C. = 8,982 + 6,500 + 40% * 3,700

V.C = 8,982 + 6,500 + 1,480

= $16,362

Therefore, Contribution Margin  = Sales - Variable Cost  

= $25,700 - $16,362

=$9,338

b. McDonald's contribution margin ratio  = Contribution Margin / Sales

= $9,338 / $25,700

= 0.363

6 0
3 years ago
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Westkost [7]

。☆✼★ ━━━━━━━━━━━━━━  ☾  

The correct answer is option D

Have A Nice Day ❤    

Stay Brainly! ヅ    

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。☆✼★ ━━━━━━━━━━━━━━  ☾

5 0
3 years ago
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Given the following information for a retail company, what is the total cost of goods purchased for the period? Purchases discou
BigorU [14]

Answer: $298,800

Explanation:

Cost of goods purchased = Gross merchandise cost + Transportation-in (Carriage inwards) - Purchase discount - Purchase returns

= 304,000 + 6,700 - 3,500 - 8,400

= $298,800‬

8 0
3 years ago
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