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nalin [4]
3 years ago
7

Black market dealers are often legitimate businesses with questionable and illegal practices. (points : 2) true false

Business
1 answer:
amm18123 years ago
6 0
 The Black Market is a series of dealers who can get you a product that has been repealed from stores, such as 2006 yellow Tide, which cleaned the products too good, forcing the company to take it off the market because they wanted to continue to sell products that they claim better than the last. The Black Market is illegal and if currently under high investigation by governments all over the world. So, if the Black Market practice itself is illegal and all actions taken while in the Black Market are as well, I think you can finalize your answer. Hope this helped!
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During the accounting period, the company purchased $234,000 of direct raw materials. it incurred $180,000 of direct labor costs
amm1812

<u>Calcualtion of Cost of goods manufactured:</u>

(Note: It is assumed that the Cost of Material used is equal to the Cost of Material Purchased $234,000)

Total manufacturing cost = Cost of Material used + Direct labor costs + Allocated manufacturing overhead costs

Total manufacturing cost = 234,000+180,000+260,000 = $674,000


It is also assumed that there were no beginning or ending work in process inventory, that means Total manufacturing cost shall be equal to Cost of goods manufactured.

Hence, Cost of goods manufactured = <u>$674,000</u>




4 0
3 years ago
Compare the world population index for 1960 to the world population index for 2000. then express the world population in 2000 as
kirill115 [55]

The answer is 200%.

If we see the world population index and compare the population in 1960 and 2000, we see that population in 2000 is double than 1960. 

World population in 1960 = 3,007,751

World population in 2000 = <span>6,104,538 which is approximately double than 1960.</span>

So when we express it as percentage multiply 2 with 100 and we get the percentage 200.

 

5 0
2 years ago
A policy of permitting the people of a country to buy and sell where they please, without restrictions, is called:
jeyben [28]

Answer: free trade

Explanation:

A policy of permitting the people of a country to buy and sell where they please, without restrictions, is referred to as the free trade.

Free trade allows countries interact with one another and trade the foods and services that they've.

6 0
2 years ago
The Mary Company primarily sells dishes, and recently purchased a cardboard box company. Mary's new cardboard box division has n
fgiga [73]

Answer: $1.50

Explanation:

Based on the information given in the question, we are informed that the variable cost of each box is $1.50 and usually has a contribution margin of $0.80 per box.

We should note that the minimum transfer price that the box division should find as acceptable will be the relevant cost. In this case, the relevant cost is given as $1.50 pee box and therefore, the minimum transfer price will be $1.50.

8 0
2 years ago
Bello, Inc., has a total debt ratio of .31.
lutik1710 [3]

Answer:

a. Debt Equity ratio is calculated by dividing long term Debt by total equity of the company.

b.Equity Multiplier or P/E ratio=Market value per share/Earning per share.

Explanation:

a. Debt Equity ratio is calculated by dividing long term Debt by total equity of the company. The Debt Equity ratio can be calculated using the Market value of debt or equity. It can also be calculated using the book values of debt or equity which are included in the balance sheet of the company.

b. Equity multiplier is also known as price /earning ratio. A price/earnings ratio or P/E ratio is the ratio of the market value of a share to the  annual earnings per share. For every company whose shares are traded on a  stock market, there is a P/E ratio. For private companies (companies whose shares are not traded on a stock market) a suitable P/E ratio can be selected and  used to derive a valuation for the shares.

Equity Multiplier or P/E ratio=Market value per share/Earning per share.

4 0
2 years ago
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