Answer:
what is the importance of trade international trade?
International trade is of great importance at international level as it binds or bonds countries together and enhance trade by barter as well as helps to generate more money. International trade also helps in improving economy as it increases internal generated revenue from imported goods and services
Explanation:
Answer:
Total= 45,684 feet
Explanation:
Giving the following information:
Production budget:
February= 10,993
March= 8,559
Each chair produced uses 5 board feet of wood.
Management wants an ending inventory level of raw materials to equal 20% of the production needs (in wood) for the next month.
Direct material budget:
Production= 10,993*5= 54,965
Desired ending inventroy= (8,559*5)*0.2= 1,712
Beginning inventory= (10,993*5)*0.2= (10,993)
Total= 45,684 feet
Answer: Joint venture
Explanation: A joint venture can be defined as a business entity, that is created by two or more firms by shared ownership or sharing in risk and returns. The joint venture is usually done by the firms for targeting new emerging markets to increase their customer base.
In the given case, Arboren is a new company and is formed by the joint ownership of three existing firms.
Hence, from the above we can conclude that this is an example of Joint venture.
I think is A because accomplishment is not a emotional thing.
Answer:
A. profit.
Explanation:
We know,
Net Income (profit) = Sales revenue - the cost of goods sold and operating expenses
Here,
The Ice Cream shop made $100,000 on sales revenue. However, the expenses of the shop include supplies and factory space, i.e., rent expense is $75,000.
Therefore, Net Income (profit) = $100,000 - $75,000 = $25,000
Since the sales revenue exceeds the expenses, the company gets a profit. So, <em>option A</em> is the answer.
