Chain stores are defined as follows: A chain store system consists of a number of retail stores, which sell similar products, are centrally owned and operated under one management. A chain store is one of the retail units in the chain store system.
Answer:
The correct answer to the following question is $39,000 .
Explanation:
The given information -
Direct material - $25,000
Beginning work in progress - $2000
Ending work in progress - $5000
Direct labor - $10,000
Manufacturing overhead - $7000
So to calculate the cost of goods manufactured =
Direct material + Beginning work in progress + Direct labor + Manufacturing Overhead - Ending work in progress
= $25,000 + $2000 + $10,000 + $7000 - $5000
= $39,000
Answer:
14,619.88
Explanation:
The investment today amount shall be calculated using the following formula:
F=P(1+i/n)^nt
F= total future amount which include interest+principal=$25,000
P=Amount that should be invested today
i=interest rate per year=2.15%
n=number of months in a year=12
t=time involved in investment in years=25
F=P(1+i/n)^nt
25,000=P(1+2.15%/12)^12*25
25,000=P(1.71)
P=14,619.88
Answer:
because you spend 1k or more
Answer:
The correct option here is option D) Mercantilism.
Explanation:
Mercantilism was a type of economic theory which was practiced around 16th - 18th century , that was based on a idea that a country's wealth and power could well be increased by increasing the exports and decreasing the imports, thus overall increasing the the trade.
This theory promotes that government should regulations on the country's economy to serve the purpose of augmenting state of power at the cost of rival country's powers. This is the same policy that China is using against U.S. in their favor to increase their monetary reserves , through a positive balance of trade.
