Answer:
The cost price of the statue is $ 496
Explanation:
Sale Price of statue = $ 670
Suppose the cost price is $ 100 then according to the given condition the sales price would be $ 135
Sale Price = Cost Price + Profit
135= 100 +35
Applying ratios
Sale Price Cost Price
$670 x
135 100
Using cross product rule
x= $670 * 100/135
x= $ 496.29
Answer:
E. a straight salary.
Explanation:
Straight salary is a compensation method where the salesperson receives a fixed amount. Regardless of the level of output, the salesperson does not get any sales commissions or bonuses. Straight salary is time tied, not performance-focused.
Straight salary is suitable when the business objective is long-term market presence and not short-term high sales volume. It is also used when it is difficult to isolate an individual's effort from team performance.
Straight salary or time-bound salaries do not encourage individuals to put in extra efforts. The other options have commissions and bonus, which is not a feature of straight salaries.
Answer:
Part 1. Marketing Department
Part 2. Sales Department
Explanation:
The Marketing department is the one which is responsible for creating product awareness among the target market segment customers. The marketing department assesses the best option to approach the customers present in the market segment. The option that will generate greater product awareness and is less costly to the organization is the best option that the market department tries to find to reach customers.
On the other hand, the Sales department is responsible to approach its potential customers to ensure that sales targets are met. They are the ones who will finalise the dealings between the company and the customer to sell the products or services.
The way they will record the dividends if they use the fair value method vs. the equity method is A. They will report dividends as income under the fair value method but as a reduction in the investment under the equity method.
<h3>What is a Stock?</h3>
This refers to the shares of a company that denotes a certain ownership percentage for each buyer of the stock.
Hence, we can see that Williford Enterprises has purchased common stock from several companies and has classified them as long-term investments and option A best shows how they would record the dividends.
Read more about the fair value method here:
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I am assuming here that you use the example where in the US the workers can produce 200 computers of 100 cars and the French workers can produce 80 of each.
Then the opportunity cost of one computer in France is higher than in the United States -which means that it's lower in the United States (twice as low)
So, France would have a comparative advantage in producing wine and US in producing computers.