Answer:
$25,760,000
Explanation:
The net amount of decrease and increase of cash a business or individual owns.
To find the proper cash flow amount used as the initial investment in fixed assets, use the following:
Calculation of initial investment outflow = cost of land + cost of plant + grading cost
= $9,600,000 + 15,200,000, + $960,000
= $25,760,000
Calculation of initial investment outflow = $25,760,000
Therefore the initial investment outflow is $25,760,000
Answer: E. Vertical merchandise displays are a characteristic associated with warehouse showrooms.
Explanation: A warehouse showroom is a way for a business to display all of their items for consumers to look at and purchase. A warehouse showroom allows for vertical merchandise displays to hold the furniture so that consumers can walk down each isle and look up at the various items. This method gives a warehouse more room to store and expand their supply.
Answer:
Volume Variance= $ 20,000 Unfavorable
Explanation:
The Volume Variance is the difference between actual production (AP) and budgeted production (BP) for a period multiplied by the standard fixed overhead rate (SR)
Volume Variance= (AP-BP) *SR = (47500- 50,000)* 400,000/50,000=
= 2,500 * 8= $ 20,000 Unfavorable
Whenever actual production is less than the budgeted production the fixed overhead charged to production is less than the budgeted cost the volume variance is adverse.
Answer:
False.
Explanation:
Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.
Some examples of international economic organizations involved in global economy and trade are;
- World Trade Organization (WTO).
- United Nations (UN).
- International Monetary Fund (IMF).
Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.
Language is not the most complex challenge global marketers face because they can be translated easily through the use of a software application, an interpreter or simply through the use of other forms of communication.
Answer:
Customer relationship management (CRM)
Explanation:
Customer relationship management can be defined as a set of technologies, strategies and practices related to a business, whose main objective is to focus on the relationship with the customer.
The information age has revolutionized the way companies relate to their customers, nowadays digital media and new technologies have enabled greater interactions between company and customer, which created a need for companies to also seek corporate strategies and technologies that would bring relevant benefits for business success. Some of the CRM platforms enable companies to gather information from customers in order to manage sales opportunities and leads, in addition to organizing accounts and contacts in an accessible way and optimizing and accelerating the sales process.
