Answer:
The Statement that indicates an unfair trade practice is: <em><u>Country X exported the cheese to country B at a price of $2 per ounce</u></em>
Explanation:
Country X exported produced the cheese for $3 per ounce and was able to export it to Country C and Country D for $4 and $4.5 respectively, making a healthy profit.
However, in order to gain market share in a new country and possibly to beat competition the cheese was sold at just $2 per ounce in Country B. This is an unfair trade practice, where you sell a product below it's production cost.
Answer:
Material quantity variance =$74, 280 unfavorable
Explanation:
<em>The material quantity variance occurs when the actual quantity of material used to achieve a given level of output is more or less than the standard quantity expected.</em>
For Silmon Corporation, it can be computed as follows:
Quantity variance is
Gram
5,300 units should have used ( 5300× 5.1 ) 27,030
but did used <u>39,410</u>
Variance in quantity 12,380 Unfavorable
Price per unit <u> × $6</u>
Material quantity variance <u> $ 74,280</u>. Unfavorable
Material quantity variance =$74, 280 unfavorable
I would say that Sally's business style would be consultative ie relying on very experienced employees with lots of work history to help her evaluate her business problem and to perhaps suggest solutions based on tried and true practices. I believe the option would be "evidence-based" management.
Answer:
=$7,780
Explanation:
Calculating Piper's total wealth from her investment
Piper purchase of Common Stock = 400 Shares
The market price of Rail Car Manufacturing Company= $19.45
The total wealth from her investment
= 400 shares x $19.45
=$7,780
The wealth from investment is usually calculated as the value of the shares bought in the company based on the current market price of that shares at the time they were bought.
Answer:
long 1 ABC Jan 75 Call
Explanation:
This type of customer (or investor) is bearish about the market, i.e. he/she believes that the stock prices will drop. The investor will try to create a net credit position (the credit spread = $75 - $65). The maximum possible profit is created when the stock price falls below $65, and the maximum possible loss would occur if the price went above $75. This investor is a net seller, since it is a short call spread.