What indicates the maximum quantity of a product that may be brought into a country in a specific period is a quota.
<h3>What does quota mean?</h3>
A quota is the maximum monetary value of a good and service that can be imported into a country for a specific period.
The purpose of a quota is to restrict the amount of import into a country so as to boost local production of the good for which the quota is placed. Quotas also limit foreign competition.
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Answer:
c. It makes sense to complete discussion and reach decisions about old business before tackling new business.
Explanation:
For organizing a meeting agenda first we have to discuss for the old business as it gives the whole picture of the business i.e it is profitable or not that results in increase in sales of the company that reflected completed discussion.
Moreover, the organization also knows how to operates the day to day activities that are related to the functions of management
So it always it is better to make decisions for old business before tackling the new business
Answer:
The merchandise should be reported on the U.S. Company's December 31, 2020 balance sheet at:
b. $1,050
Explanation:
a) Data and Calculations:
November 30, 2020 Inventory purchase = CHF1,000
Exchange rate on this date = $1.05/CHF
Inventory worth = $1.05 * CHF1,000 = $1,050
b) The inventory should be reported on December 31, 2020 at $1,050. It does not need to be reported at a value above or below this. Even, the debt owed to the Swiss supplier will be reported at this price. It is when payment for the invoice is being made on February 1, 2021 that consideration will be given to the exchange rate at which payment is made.
Answer:
$18,396
Explanation:
Average sales of the store per day = $1,680
Number of days in a year = 365
Total sales in a year = $1,680 x 365 = $6132,200
Shrinkage rate = 3%
Losses for an entire year = 0.03 x $6132,200 = $18,396
Answer:
A. 104%
B. 66.7%
Explanation:
A. Calculation for what would be the percentage return earned
Percentage return =($50-$30-30*60%*7%)/30*60%
Percentage return(20-$18*.07)/18=
Percentage return=1.04*100
Percentage return=104%
Therefore what would be the percentage return earned is 104%
B. Calculation for What would have been the return if the investor had notbought the stock on margin
Percentage return=($50-$30)/$30
Percentage return=$20/$30
Percentage return=66.67 %
Percentage return=66.7% Approximately
Therefore What would have been the return if the investor had notbought the stock on margin is 66.7%
