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8_murik_8 [283]
3 years ago
8

Scenario: wang's techno toys ann wang has been successfully running wang's techno toys that sells high-tech toys in the domestic

market. continually increasing and stiff competition at home has now forced wang's techno toys to enter international markets through direct exports. which of the following methods of export/import financing is techno toys' bank using if it acts as an intermediary without accepting financial risk? letter of credit buyback documentary collection advance payment
Business
1 answer:
vfiekz [6]3 years ago
5 0
Based on the given scenario above regarding Wang's Techno toys which was successfully run by Ann Wang, the method of import or export financing that the Techno Toys' bank used if it functions as an intermediary without considering any financial risk is called the DOCUMENTARY COLLECTION.
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Kallie Smith, owner of Flower Hour, operates a local chain of floral shops. Each shop has its own delivery van. Instead of charg
user100 [1]

Answer:

Use the high-low method to determine Flower Hour's cost equation for van operating costs.

  • total cost = $1,355 + ($0.25 x total miles)

Use your results to predict van operating costs at a volume of 15,000 miles.

  • total cost (15,000 miles) = $1,355 + ($0.25 x 15,000) = $5,105

Explanation:

Month                 Miles driven           Van Operating Costs

January                    15,800                        $5,460

February                  <u>17,300</u>                         <u>$5,680</u>

March                       14,600                        $4,940

April                         16,000                         $5,310

May                           17,100                        $5,830

June                         15,400                        $5,420

July                           <u>14,100</u>                        <u>$4,880</u>

high cost - low cost = $5,680 - $4,880 = $800

high cost - low cost = 17,300 - 14,100 = 3,200 miles

variable cost per mile = $800 / 3,200 miles = $0.25 per mile

total variable cost when driving 14,100 miles = 14,100 miles x $0.25 per mile = $3,525

total fixed cost = $4,880 - $3,525 = $1,355

total cost = $1,355 + ($0.25 x total miles)

total cost (15,000 miles) = $1,355 + ($0.25 x 15,000) = $5,105

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Jet001 [13]

Answer:

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the loan and interest are not included in the calculation

initial outlay = $50,000

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Answer:

The correct answer is option D

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