The expectation of the Tatum Manufacturing firm from the Hong Kong government is to <u>ensure fair competition </u>with its competitors.
<h3>What is a manufacturing firm?</h3>
A manufacturing firm is a firm that engages in massive scale production of goods and commodities that uses physical labor and/or machinery to turn raw materials and parts, into finished goods or completed items.
The finished goods could be sold:
- To other manufacturers for the fabrication of more sophisticated products,
- To wholesalers that redistribute the goods to retail traders, or
- To final consumers directly.
The role of the Hong Kong government to Tatum Manufacturing Firm in as much they comply with the government regulations and taxes is for the government to ensure that there is fair competition for Tatum Firm with its competitors.
Learn more about a manufacturing firm here:
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The main outputs of the developing the project team process are team performance assessments and enterprise environmental factors updates.
Hope this helps !
Photon
Answer:
e. 14.20%
Explanation:
We use the formula:
A=P(1+r/100)^n
where
A=future value
P=present value
r=rate of interest
n=time period.
Hence
A=$450(1.1)^2+$450(1.1)^1+$450
=$450[(1.1)^2+(1.1)+1]
=$1489.50
Hence
MIRR=[Future value of inflows/Present value of outflows]^(1/time period)-1
=[1489.5/1000]^(1/3)-1
=14.20%(Approx)
Answer: Will report a liability of $5000 for judgement debt and a claim of $11,000
Explanation:
The liability refers to the obligations of the firm which are certain is going to make payment as compensation.
The $5000 liability, although payment has not been made it's already Incurred by the company under the acural concept.
The claim of $11,000 is only probable and not certain even though amount and time of execution can be estimated, since it's not certain it will only be recorded as a claim in the goverments fund balance sheet.
Answer:
$250 million
Explanation:
Given that,
Cell phones:
Quantity produced = 5 million
Price per cell phone = $100
Pizza:
Quantity produced = 25 million
Price per pizza = $10
The market value of pizza is determined by the product of quantity produced and price of each pizza.
Market value of pizza:
= Quantity produced × Price per pizza
= 25 million × $10
= $250 million
