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3 years ago

What are the three reasons that companies import?

Business

1 answer:

tankabanditka [31]3 years ago

4 0

Answer: To meet customer demand, to take advantage of low priced goods or to purchase raw materials.

Explanation:

Import refers to the quantities of goods that are bought from other countries. Many companies trade to meet domestic customer's demand or to take advantage of lower priced product or to purchase raw materials which are not available domestically in order to produce finished goods domestically.

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Small business owners usually invest little money into new marketing strategies because

aleksandrvk [35]

The answer is: many small business owners invest money into other areas of the business.

Small business usually still struggle in paying all the necessary expense for daily operation. So they cannot afford the marketing strategy that require a lot of capital (such as magazine, billboards, television, etc.). Business start to put more into marketing strategies when it inteded to be a player in a large market.

6 0

3 years ago

Read 2 more answers

The buyer of a futures contract A. assumes the short position. B. may not sell the contract without the permission of the origin

Anit [1.1K]

Answer:

Explanation:

Firstly, before we answer this question, we need to know what a futures contract is.

A futures contract can be defined as an agreement specifying the delivery of a commodity or a security at an agreed future date and at a currently agreed price.

This means to set a future contract rolling, we need to have an agreed date if delivery and currently agreed price by both parties involved.

Now, to the question, the correct answer is D. He has the obligation to deliver the underlying financial instrument at the specified future date

6 0

3 years ago

Which best describes the difference between simple and compound interest

MA_775_DIABLO [31]

Answer:

Simple interest is paid on large, long-term loans, while compound interest is paid on small, short-term loans. Simple interest is paid on the principal and interest accrued, while compound interest is paid only on the principal. Ask for details.

Explanation:

4 0

3 years ago

Read 2 more answers

Dorcan Corporation manufactures and sells T-shirts imprinted with college names and slogans. Last year, the shirts sold for $7.6

storchak [24]

Answer:

b. 18,602 units.

Explanation:

First, we need to use last year's information to determine last year's fixed costs.

Price (P1) = $7.68

Variable costs (VC1) = $2.25

Units sold to break-even (n1) = 21,800

At the break-even point, net income is zero and the fixed cost can be found by:

$N=0 = n_1*(P_1-VC_1) -FC_1\\0=21,800*(\$7.68-\$2.25) - FC_1\\FC = \$118,374$

With information from last, information for the current year can be determined:

Price (P2) = $10.00

Variable costs (VC2) = $2.25 x 1.3333 = $3.00

Fixed cost (FC2) = $118,374 x 1.10 = $130,211.4

The number of units required to break even is:

$N=0 = n_2*(P_2-VC_2) -FC_2\\0=n_2*(\$10-\$3) - \$130,211.4\\n_2 = 18,601.63\ units$

Rounding up to the nearest whole unit, Dorcan Corporation must sell 18,602 units to break-even.

7 0

3 years ago

"A customer opens a margin account by purchasing 300 shares of XYZ stock at $80 per share and deposits the required margin. If t

vredina [299]

Answer:

Equity will increased by 50%

Explanation:

Given:

Number of stock = 300

Per share value = $80

Stock value decline = 25%

Find:

Customer's equity will ?

Computation:

Market value = 300 × $80 = $24,000

New market value = $24000 × (100% - 25%) = $18,000

Margin = $24000 × 50% = $12,000

Credit balance = $24,000 (100% / 75%)

Credit balance = $24,000 + $12,000

Credit balance = $36,000

Equity % = [Credit balance - New market value / Credit balance]100

Equity % = [($36,000 - $18,000) / $18,000]100

Equity will increased by 50%

5 0

3 years ago