Individual decision making is a good approach when:

Sales revenue equals $367,810, sales returns and allowances are $10,000, and sales discounts total $14,180. The cost of goods so

slava [35]

Answer:

Net Sales = $343,630

Gross Profit = $127,140

Net Income = $67,000

Explanation:

XYZ Company

Income Statement

For the year ended, Dec 31, 20xx

Particulars $

Sales Revenue 367,810

Less: Sales returns and allowances (10,000)

Less: Sales discounts (14,180)

Net Sales 343,630

Less: Cost of goods sold (216,490)

Gross profit 127,140

Less: operating expenses (28,500)

Income from operation 98,640

Less: Income tax expense (31,640)

Net Income 67,000

6 0

4 years ago

To a greater or lesser degree, many governments can be considered pragmatic nationalists when it comes to foreign direct investm

lianna [129]

Answer:

Home Country Benefit

b - inflows of foreign earnings.

The Company operating in the Host Country will send some of it's profits back to it's Home Country and this will be treated as Foreign Earnings.

f-skills that can be leveraged internationally.

The Home Country will gain skills from their experience in the Host Country. These skills can then be used to be competitive on the global market.

Home Country Cost 

a- loss of jobs

The Home Country would lose the jobs that it's companies created in the Host Country. These are jobs that could have employed people in the Home Country but now employ people in the Host Country.

h-Host country limits profit expatriation

In order that they don't lose too much money to the Home Country, the Host Country might come up with laws that limit the amount of money that can be taken out from the country this limiting the amount of foreign Earnings that the Home country gets.

Host Country Benefit

c-substitute for imports

The products that the companies founded by FDI are producing could have been products that the Host Country used to import. Now that the goods are being made in the Host Country, there will be no need for imports.

e-increase in direct and indirect employment

The companies founded by FDI in the Host Countries will create employment for people in the company which is direct employment. Many auxiliary services such as drivers and caterers as an example will also spring up to take care of these newly employed folk thereby creating indirect employment.

i-transfer of new technology

The Company formed from FDI will bring with them technology from the Home Country that could be very beneficial to the Host Country.

Host Country Costs.

- Outflow of earnings from a foreign subsidiary

The Companies established through FDI will send some of their profits back to their home Countries. This means that the earnings would leave the Host Country instead of being reinvested in them.

d-loss of economic independence

These FDI companies tend to get very influential and powerful in the Host Country and can sometimes dictate policies. This would mean the companies have significant control over the resources of the Host Country which will lead to a loss of Economic independence. This is the main reason most people believe that China is interested in Africa.

g-loss of local Entrepreneurship

These companies created by FDI will bring with them better technology and capital that will enable them to be very competitive in the local Economy. This will discourage local Entrepreneurs who do not have the economic nor the financial backing to challenge the companies without making huge losses.

7 0

3 years ago

Joe Henry's machine shop uses 2 comma 510 brackets during the course of a year. These brackets are purchased from a supplier 90

stepan [7]

Answer:

D = 2,510 brackets

H = $1.60

Co = $20

EOQ = √2 x 2510 x 20/1.60

EOQ = 250 units

Average inventory = EOQ/2

= 250/2

= 125 units

Total Holding Cost = QH/2

= 250 x $1.60/2

= $200

No of order = Annual demand/EOQ

= 2,510/250

= 10 times

Annual ordering cost = DCo/Q

= 2,510 x $20/250

= $200

Total annual cost = Annual ordering cost + annual holding cost

= $200 + $200

= $400

Time between orders = No of working days in a year/No of order

= 250/10

= 25 days

Explanation: Economic order quantity is a function of square root of 2 x annual demand x ordering cost per order divided by holding cost per item per annum. D denotes annual demand, Co is ordering cost per order and H represents holding cost per item per annum.

Average inventory is calculated as EOQ/2

Total annual holding cost is calculated as EOQ multiplied by holding cost per item per annum/2

No of order is the ratio of annual demand to EOQ

Annual ordering cost is calculated as annual demand multiplied by ordering cost per order divided by EOQ

Total annual cost is the aggregate of annual ordering cost and annual holding cost

Time between orders is the ratio of number of days in a year to number of order

8 0

4 years ago

By comparing the types of skills used by managers at different levels within an organization, which of the following is true?

Blizzard [7]

Answer:

B. First-line managers use mainly technical and human relations skills, while top managers devote most of their time to activities involving human relations and conceptual skills.

Explanation:

First-line managers are a group of managers that are tasked to oversee the company's daily operation. This require them to directly communicate with the employees. This is why, they use mainly technical and human relations skills.

Top managers on the other hand, are tasked to oversee the company's long term interest. They are the one that is involved in creating strategic planning that will drive the company to reach its end goal. This is why they rely most of their time on conceptual skills. That being said, top managers also need human relation skills to form network with other people who had high influence in the industry.

7 0

4 years ago

Financial statements serve as a basis for management to develop expectations of where the company will be in future periods.

bezimeni [28]

Answer:

The statement is not true.

Explanation:

Financial statements are the one which is made by the management of the company and it represents the financial position and the performance of the company at a particular point of time. So, it can not serve as a basis for the management that they could develop the expectation where the company will stand in the future years or periods.

5 0

3 years ago