The function that serves as an intermediary between an organization shipping a product and the actual carrier is Customer Broker.
<h3>
What is Custom brokers?</h3>
- Custom brokers , also known as customs house brokers, are roles that may be held by or linked to customs brokerage firms, independent companies, shipping lines, importers, exporters, independent businesses, and freight forwarders.
- Those who hold a license as a customs broker are not considered to be "customs officials" by the government (in other countries the two terms may be interchangeable). The tariff schedule, a list of duty rates for imported goods, CATAIR, the legal and administrative requirements controlling importations, and other trade-related issues must all be known to customs brokers.
- For instance, a customs broker can be required to inform an importer of the country-specific marking requirements or complete the paperwork for a consignment of clothes that is subject to quotas and visa restrictions.
- It is possible to prevent delays, item seizures, and fines and penalties that may be imposed against the importer and/or broker by being aware of the criteria for each type of import.
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Answer:
Year Cashflow [email protected]% PV
$ $
0 (75,000) 1 (75,000)
1-5 25,000 3.4331 85,828
5 40,000 0.5194 20,776
NPV 31,604
Explanation:
In this question, we need to consider the initial outlay in year 0. The cashflows for year 1 to year 5 will be discounted at present value of annuity factor of 3.4331, which could be obtained from present value of annuity table. The salvage value will be considered in year 5 and discounted at the discount factor for year 5, which could also be obtained from present value table. Thus, net present value is calculated by adding the present value of cash inflows for year 1 to 5 to the present value of salvage value and deduct the initial outlay.
Option C ($305 million) is the correct answer.
<u>Explanation:</u>
GDP<u> </u>= GNP - Net foreign factor income
GNP can be calculated by using the following formula
GNP (FC) = NNP (FC) + depreciation
NNP (FC) = 300, thus the depreciation is as follows:
Depreciation = Gross private domestic investment - Net private domestic investment
= 55 minus 40 = 15
<u>Now, we can calculate GNP (FC) by substituing the values into the formula </u>
GNP (FC) = 300 plus 15 = 315
<u>Now, we can calculate GDP by by substituing the values into the formula.</u>
GDP = 315 minus 10 = 305
Thus, the value of U.S. GDP is $305 billion
Therefore, the correct answer is option C
Unethical behavior means an action exhibited by someone, which are oppose to what is expected of such individual occupying such position to act in normal circumstance.
Amongst the employees whose company properties are vested in or used by. Such property are meant to be used effectively, with good faith and only for the cause of the profitability of the organisation.
Example of Unethical behavior from employees concerning the misuse of companies properties are as follows:
a. Using a company car for leisure
b. Using a company computer to surf social media
c. Mismanagement of the company resources
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