Answer:
sales budget for January and February are given below
Explanation:
given data
luggage sets = 1700
sell = $180 each
luggage sets = 2050
sell = $180
to find out
sales budget for January and February
solution
Sales Budget
January February
Budgeted luggage sets to be sold 1,700 2,050
Sales price per unit 180 180
total sales 306000 369000
here sale is sold Budgeted luggage × Sales price
The gold standard emerged at the center of the international monetary system in the <u>1880s </u>until the first world war.
A monetary standard under which the basic unit of currency is the same in fee to and exchangeable for a precise quantity of gold.
National money and other sorts of cash (bank deposits and notes) were freely converted into gold on a fixed price. England followed a de facto gold fashionable in 1717 after the master of the mint, Sir Isaac Newton, overrated the guinea in terms of silver, and formally adopted the gold widespread in 1819.
The gold standard was the basis for the global monetary system from the 1870s to the early 1920s, and from the overdue Twenties to 1932 in addition to from 1944 till 1971 while America unilaterally terminated convertibility of america greenback to gold overseas important banks, efficaciously ending the Bretton Woods.
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Answer:
A) All of the contacts described provide sufficient contacts for in personam jurisdiction.
- c. The Michigan defendant got into an automobile accident in Ohio.
- d. The Michigan defendant signed a contract in Ohio with an Ohio business.
- e. The Michigan defendant sold products in the state of Ohio that injured the purchasers.
Explanation:
In legal terms, in personam (Latin for "directed toward a particular person") means that a court can serve a defendant wherever he/she is.
In this case, a Michigan citizen can be judged in an Ohio court if he/she committed any of the cited actions:
- participated in a car accident in Ohio
- signed a contract in Ohio
- sold products in Ohio
In other words, if you live in any state but are involved in certain events or business transactions in another state, you can be judged by a court of the other state.
Answer:
(B) The company increases its dividend payout ratio.
Explanation:
AFN is Additional Funds needed.
For this Additional Funds needed = Expected or projected increase in assets - Expected increase in liabilities - Expected increase in retained earnings.
As with the payment of dividend the retained earnings tend to reduce, therefore with increase in dividend payout ratio there will be decrease in expected increase in retained earnings.
Which will further increase the AFN.
Therefore, the correct answer is
(B) The company increases its dividend payout ratio.
The answer is;
<u>Money
</u>
<u>Property
</u>
<u>Investment</u>
Personal finance is everything to do with dealing with your money and saving and contributing. It covers planning, managing an account, protection, contracts, ventures, retirement arranging, charge arranging and home arranging. It regularly alludes to the whole business that gives budgetary administrations to people and family units, and exhorts them about money related and venture openings.
Personal finance is tied in with meeting individual money related objectives, regardless of whether it's gathering here and now budgetary requirements, getting ready for retirement or putting something aside for your kid's school training.