If a company sells a product at a price that is less than the cost of producing the product, then it is engaged in dumping.
<h3>What do you mean by a Product?</h3>
A product refers to any product, goods, or services intended for sale purposes. Goods, services, experiences, shopping, convenience, specialty goods, consumer goods, and industrial goods are the different types of products.
Dumping refers to when a company or country exports a product that is lower in the foreign market than the domestic export market. According to World Trade Organization, dumping is legal.
Therefore, Dumping is when a company sells a product that is lower than the cost of producing the product.
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Answer:
Personal Assets
Explanation:
You and a friend want to open new pet-grooming and pet-services shop. Once established, you intend to open a second store in a larger town 20 miles away. If store number two is a success, you plan to start franchising your company. <u>Personal Assets</u> will probably be the most important source of funds for your new business.
<u>When starting a business as a sole proprietorship or partnership, the most likely source of start up fund is the converting your personal assets. </u>
<u>Personal assets are items of value that belong to an individual. They might be tangible personal assets like houses and cars, and also include such financial assets as savings accounts, checking accounts, and retirement accounts.
</u>
<u>So in the scenario, the business is likely to start by a combination of savings of the two friends</u>
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Answer:
<em>555 000 US$
</em>
Explanation:
                 <em>Cash sales(25%)                            Credit sales(75%)
</em>
January  (400,000*25%)=100000                    (400,000-100000)=300,000
February  (600,000*25%)=150,000            (600,000-150,000)=450,000
Customer collections to the month of February.
= $150,000 + ($450,000 * 0.7) + ($300,000*0.3) 
<em>(Balance collections = (100 - 70) = 30%)
</em>
 
        
             
        
        
        
Answer:
The answer is $80,000
Explanation:
Shareholders' equity is the residual interest the owner has in the business. It is calculated by deducting its liabilities from its assets. i.e 
Total assets - Total liabilities.
Total assets is summation of current and non-current asset. So we add Curren asset(cash, accounts receivable) and non-current asset (office equipment) together.
So we have, $28,000 + $19,000 $53,000 = $100,000
Therefore, stockholders’ equity is:
$100,000 - $20,000
=$80,000
 
        
             
        
        
        
B. false because the food has still been the same no food shortages