The company's cost of good sold is $350,000. The cost of good sold is a cost which directly attributed to the inventory sold by a company. Gross profit is a portion of income which created by the selling of inventory ignoring other expense besides the cost of good sold. From the company's data, we can find the cost of good sold by finding the difference between net sales and gross profit, therefore the formula we have to use is "Cost of good sold = Net sales - gross profit".
Let us first define Delphi Technique, it a method of forecasting and a decision was made after the collaboration of ideas between the group. One common problem in a business is the "improper or not enough monitoring of cash flow".
We can apply Delphi Technique on this issue in which members will discuss and come up a common idea to resolve this, it is brainstorming activity. One possible solution is the business may need a certified accountant.
Answer:
False
Explanation:
A global company is a country that extends beyond the boundaries of the country of origin to carry out business activities but still maintain a consistent practice with the origin company
However , despite the its presence in other countries , the headquarters remains in the country of origin.
Moreover , it does not need to depend on the employees from the home country but rather from the host country.
Answer: critical-thinking skills and knowledge of environmental regulations
Explanation:
Since Eyan is giving a seminar on environmental conservation efforts in a local factory, the quality that Eyan is using when writing and presenting his seminar will be critical-thinking skills and knowledge of environmental regulations.
Eyan should possess critical thinking skill as he should be able to think clearly and at the same time should also have knowledge of environmental regulations.
Answer:
The answer is A) The shipping document must be in paper form.
Explanation:
When you are shipping goods (specially if you´re exporting or importing goods) you need a lot of paperwork done. The carrier, customs official, the banks involved, insurance companies, etc., all require several types of documents. The most important ones are:
- Proforma invoice
- Bill of Lading
- Shipper´s Letter of Instructions (SLI)
- Packing List
- Commercial Invoice
- Customs documents
- Certificates of Origin
- Dangerous Goods forms
- Bank Draft
And all those documents need to be in paper form and some require several copies.
