Answer:
budget sale revenue = $2,069,760
Explanation:
given data
beginning inventory = 3000
sell = 11000 units
sales = 12% increase
ending inventory = 25%
surfboard costs = $100
sold = $150
to find out
How much is budgeted sales revenue for the third quarter of 2016
solution
first we will get here budget sales unit for quarter 3 that is
budget sales unit = ( 11000 × 112% ) 112%
budget sales unit = $13798.4
and
selling price is here $150
so
budget sale revenue for 3rd quarter sale is = budget sales unit × selling price
budget sale revenue = $13798.4 × $150
budget sale revenue = $2,069,760
The given investments are best known as Foreign direct investments
.
<u>Explanation:
</u>
Foreign direct investment (FDI) is an offer made by an individual Situated in some other nation in the context of holding ownership of an enterprise in one country. Therefore, the principle of direct control separates itself from an investment in a foreign fund.
For open markets instead of regulated equity markets, FDIs are widely used.
Types of Foreign direct investment are horizontal, vertical and multinational. In another region, Horizontal defines the same company category, while vertical is related but separate, and conglomerates are different firms.
FDI to the US is continuously tracked by the Bureau of economic analysis.
The example of an FDI is Apple's venture in China.
I think c is the correct answer