Answer and explanation:
Find attached below is a well formatted excel sheet containing all the required answers
Answer:
D. $ 322,000
Explanation:
Delos, Inc.
Contribution margin format income statement
For sigma
Sales revenue (2,000 units × $350) = $700,000
Less: variable manufacturing cost = (2,000 units × $175) = ($350,000)
Less: sales commission = (700,000 × 4%) = ($28,000)
Contribution margin for sigma = $700,000 - $350,000 - $28,000
Contribution margin = $322,000
Therefore, option D is correct.
Answer: C) can denominate the sale in either currency and use the foreign exchange market to convert currency
Explanation:
The options to the question are:
A) will denominate the sale in its own currency since it is too hard to convert foreign currency
B) will denominate the sale in the currency of the buyer since it is too hard for them toconvert foreign currency
C) can denominate the sale in either currency and use the foreign exchange market to convert currency
D) can use the OTC market to convert receipts in the future and the exchange markets to convert receipts in the spot market.
Since the company from Country A I the one selling merchandise to the company from Country B, it means that the company from Country A can denominate the sale in either currency and use the foreign exchange market to convert currency.
Roger is wrong by 3cm, so
3/15 X 100 = 20% error.
Answer:
An excise subsidy has only a substitution effect since the subsidy artificially lowers the price of the subsidized good causing the consumer to increase consumption of the good, but no income effect.
Explanation:
The above is true due to the fact that the consumption of goods increases. This could have been reduced had it been that, there was never any excise subsidy on those goods.
