Fashion finance jobs focus on the business side of fashion, especially as it relates to product sales. In this role, you may help manage a relationship with buyer or vendor accounts. You also support the overall budget of your corporation by ensuring positive cash flow and help evaluate the financial value of each type of merchandise your company releases. Many details of this position depend on the company. For example, some fashion companies are global, so people in financial positions may have to coordinate information and activities across many parts of the world. This job is generally similar to financial positions in most other industries.
Explanation:
The computation is shown below:
The consumption is
= 40 cases × $40 per case
= $1,600
The import is also same i.e $1,600 because the purchase from Dutch distributor represents the consumption and imports for the United states economy.
Now the exporter is
= 200 transistors × $ 15
= $3,000
Now the net exports is
= Exports - imports
= $3,000 - $1,600
= $1,400
And, the consumption value is $1,100
The total economy consumption is
= $1,600 + $1,100
= $2,700
Now the GDP is
= Consumption + investment + government spending + net exports
= $2,700 + $0 + $0 + $1,400
= $4,100
Answer:
1. To reduce the company's tax bill, Jack uses total cost to value inventory instead of using product cost as required by law.
- Competence: accounting records must follows applicable laws, regulations and standards, you must IRA and GAAP rules when preparing financial statements and tax reports.
2. Since Emilie works in the accounting department, she is aware that profits are going to fall short of analysts' projections. She tells her aunt to sell stock in the company before the earnings release date.
- Confidentiality: accounting records must b confidential unless you are authorized to disclose them, and you are not authorized to disclose the information to your aunt.
3. Veronica pays a Mexican official a bribe of $50,000 to allow the company to locate a factory in that jurisdiction so that the company can take advantage of the cheaper labor costs. Without the bribe, the factory cannot be located in that location.
- Integrity: you must abstain from performing illegal activities, and bribery is illegal.
4. There is a failure in the company's backup system after a system crash. Month-end reports will be delayed. Kayla, the manager of the division experiencing the system failure, does not report this upcoming delay to anyone since she does not want to be the bearer of bad news.
- Credibility: you must report all relevant and important information regardless of whether that information will make you bad or not.
Answer:
Option (C) is correct.
Explanation:
Given that,
Price of an item charged by the Rhine company = $280
Rhine company sets price = Cost + 40% of cost
Let the cost of an item to Rhine be x,
Hence,
Price = x + 40%(x)
$280 = x + 0.4x
$280 = 1.4x
x = $280 ÷ 1.4
= $200
Profit for Rhine = Price - cost
= $280 - $200
= $80
Therefore, the cost of the item to Rhine is $200.
Merchandise 7X, the "secret ingredient" or "secret formula" in Coca-Cola. The ingredient has remained a secret since its invention in 1886 by John Pemberton.
