Follow social distancing rules and cover your face.
Answer:
Marketing and sales strategy
Explanation:
Answer:
$34,645
Explanation:
Given that,
sales = $318,400
costs = $199,400
depreciation expense = $28,600
interest expense = $1,100
Tax rate = 35 percent
Dividends paid = $23,400
Profit before tax:
= Sales - cost - Depreciation - Interest
= $318,400 - $199,400 - $28,600 - $1,100
= $89,300
Profit after tax:
= Profit before tax (1 - Tax rate)
= $89,300 (1 - 0.35)
= $89,300 × 0.65
= $58,045
Therefore, the addition to retained earnings
= Profit after tax - Dividend paid
= $58,045 - $23,400
= $34,645
Answer:
the exporter can maintain the prices and just expand his fashion line.
Explanation:
Since the euro is weakening to the dollar, it means he gets more profit than before so he could just enjoy the advantage and increase his fashion export line to other markets in the united states that he is not already present in.
i hope this helps.
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