The answer is A. The subsidiary borrows money from Hong Kong banks
This is an example of vaporware where the company is planning to launch the software and will correct errors along with upgrades.
<h3>What is software?</h3>
A sequence of instructions, data, or programs used to control computers and perform certain activities is known as software. Applications, scripts, and programs that operate on a device are referred to as software.
Vaporware refers to products that are announced but never produced or officially cancelled. It is publicized months or years before it is supposed to be deployed with little information about its development available.
This strategy is useful as it stops customers to avoid switching to competitors' brands and products. These will help to create a buzz in teh market and helps in the retention of the customer.
Learn more about vaporware, here:
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Explanation:
Net Income=$945000
Average outstanding=$189000
Per Share=$0.90
Market price=$97
Book value=$89.50
Ratio=7:5
Explanation:
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Answer:
$784,000
Explanation:
For calculating budgeted sales for the upcoming week can be calculated as under:
Sale Budget (Units) = Hardcover Books sales units per day * 7 days
= 1,600 books per day * 7 days
= 11,200 Units
Now the sales units would be converted into Dollars:
Sales Budget ($) = 11,200 Units * $70 days = $784,000