The cost of goods manufactured at stereo corp. in the year 2017 is $285,000.
What is Manufacturing?
Manufacturing is the process of <u>turning raw materials or sections into finished goods using tools, human labour, machinery, and chemical products.</u>
Manufacturing enables companies to sell finished goods at a price higher than the cost of the materials used. Huge manufacturing allows for the mass production of goods using assembly line procedures and sophisticated technology as core assets. Manufacturing techniques that are efficient allow manufacturers to start taking advantage of scale economies of scale, generating more units at the a lower cost. Manufacturing is a vital and significant component of the economy. It entails the transformation of raw materials such as <u>ore, timber, and food </u>into finished goods such as <u>metal goods, soft furnishings, and processed foods.</u>
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<u>Answer:</u>Option 2 limited liability partnership
<u>Explanation:</u>
Limited Liability partnership (LLP) is a hybrid between a corporation and partnership firm. LLP has more than one partner and some partners liabilities are limited as well as protected from other partner's liability. They also do not pay income taxes. The profits and deductions of the company are taken by the partners individually.
The LLP should have minimum two partners and maximum is not a limit. If there is any financial loss for the business it need not be borne by the partners.
To find the answer you need to multiply 55,000 times 5 1/4 that is equal to 68750.
Answer:
B) political-legal forces
Explanation:
The restaurants are acting based on a new city law that bans indoor smoking.
Political and legal environmental forces are simply changes in existing laws or new laws that alter the market or business environment of a company. Usually when people refer to political forces, they mean macroeconomic factors like change in taxes, new trade policies, etc. And when they refer to legal forces it means more specific factors like changes in property laws, anti-discrimination laws, or no smoking laws.
Answer:
$10,492.86
Explanation:
we are to determine the future value of the lump sum in 3 years
The formula for calculating future value:
FV = P (1 + r/m)^nm
FV = Future value
P = Present value
R = interest rate
N = number of years
m = number of compounding per year
$9,400 (1 + 0.037 / 2)^6 = $10,492.86
