A shop that sells one type of thing
Answer: Ford manufactures a car in Michigan, but uses parts sourced from 27 countries
Explanation:
Globalization is the process by which businesses or organizations develop international influence or a situation whereby they start operating on international scale.
Globalization of production has to do with the producers of final finished goods relocating and moving to other parts of the world in order to source for the necessary raw materials or equipments needed to complete a product and assemble all of them at their facility.
Based on this definition, Ford manufactures a car in Michigan, but uses parts sourced from 27 countries is the right answer.
The best job that you can find in sales if you are a fresh grad is of course an in house sales representative. Many different industries are in need of in house sales representatives. Real estate companies need a lot of sales representatives in their team in order to push their properties. Pharmaceutical companies are also in need of sales representatives to push their products. These guys are called medical representatives.
Answer:
No, a currency carry trade with positive profit can not be conducted.
Explanation:
The currency carry trade is the trading strategy where investor funding from lower-yield currency to invest in higher-yield currency with expectation to earn positive profit from the yield differences between the two currencies.
However, this strategy only works when the difference is big enough to compensate for the depreciation ( if any) of the higher-yield currency against the lower-yield currency.
With the given information, the strategy will not work because the depreciation of NZ$ against US$ after one-year is too big to be compensated for the yield difference.
For specific example, suppose the strategy is conducted, in 2008, an investor will borrow, for example, US$1 at 4.2%, exchange it to NZ$1.71. Then, invest NZ$1.71 at 9.1%.
In 2019, an investor will get NZ$1.86561 (1.71 x 1.091). The, he/she exchanges at the 2019 exchange rate, for US$1.36176 (1.86561 / 1.37). While at the same time, he will have to pay back 1 x 1.042 = US$1.042 => The loss making in US$ is US$0.32.
Answer:TTG Landscaping Journal $
1.Dump truck Dr 150,000
Sales tax Dr 12,000
Logo. Dr. 200
Vehicle License Dr 900
Accident insurance Dr 2400
Cash. CR. 165,500
Narration. Being cost incurred on Dump truck and additional expenses incurred to make it usable.
2.
Dump truck Dr1 5500
Sales tax Cr 12,000
Logo. Cr. 200 Vehicle License Cr. 900
Accident insurance. CR 2400
Narration. Transfer of additional cost incurred on Dump truck purchase to Dump truck Accounts
The cost of an asset includes the purchase price, tax theron and other cost incurred to make it usable.
