Answer:
The correct answer is letter "D": indirect exporting.
Explanation:
Indirect exporting is the business strategy by which companies handle their products to an intermediary so the intermediary is in charge of exporting the goods to end-consumers or retailers. While this practice allows firms to concentrate on domestic operations only it could represent a disadvantage since their companies' operations remain narrowed which could represent a lost chance to increase profits.
Answer:
The question is incomplete, find complete question in the attached.
The receivables turnover for the current year is 9.02 times while average days sales in receivable is 41 days
Explanation:
The formula for computing receivables turnover ratio is given as:
Net credit sales/average accounts receivable,where average receivables is the opening plus closing receivables divided by two.
Net credit sales=$35,657
Average receivables =($3495+$4415)/2=$3955
Receivable turnover ratio=$35657/$3955
=9.02
Average days sales in receivable=number of days in the year/receivable turnover ratio
Average days sales in receivable=365/9.02
=40.47 days approx 41 days
The average days sales in receivable implies the average number of days it takes receivables to settle their accounts
A U.S. producer that exports merchandise made at its U.S. plants for shipment to outside markets becomes more focused in remote markets or in foreign markets when the U.S. dollar decreases in values against the currencies or money of the other nations or countries to which it is trading.
<span>The pace of tuition hikes exceeded the 2013 average rate of inflation by two and 9/10 (2.9) percent. This was a smaller jump than pace of tuition hikes over the average rate of inflation 2012, which was four and one-half (4.5) percent.</span>
Answer:
<em>b. $ 90,000.</em>
Explanation:
Net realizable value(Market value) for apparel=Selling price minus associated selling expenses e.g sales commission.
Market value for Apparel= $ 120,000-(120,000*10%)
=$ 120,000-12,00
Market value for Apparel =$108,000
Apparel cost=$90,000
The lower of the above costs is $90,000.
Lower of cost or market is one of approaches of valuing and reporting inventory. Ending inventory is usually stated at historical cost. When original cost of the ending inventory is greater than the net realizable value, meaning that the inventory has lost value. The inventory has decreased in value below historical cost, then its carrying value is reduced and reported on the balance sheet. The method for reporting this is called current market value.
