Answer:
b.$ 66
Explanation:
The question requires that Summit requires a return on sales of 25 %. To achieve that the cost of goods sold should be 75 %.
if the revised selling price is $ 88
the target cost price would be ( $ 88 * 75 %) % 66
If the purpose of a licensing statute is to raise revenue, a contract with an unlicensed professional may be enforceable is TRUE.
Revenue raising statutes. these are licensing statutes enacted to elevate money for the government. unlicensed persons can put in force contracts and recover for rendering services.
Specialists to gain a license, authorities has some say over who can carry out which jobs as well as how many people can perform those jobs. 2. the second main purpose of licensing statutes is extra intently related to the general public interest.
Business licenses preserve corporations accountable for their sports and conduct and guard the general public's fitness and safety. professional licenses imply the quantity of competence and know-how that a specific professional possesses.
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Answer: B
Explanation: Are linked globally in ways that transcend national political boundaries
Answer:
B) $1.40 per machine hour
Explanation:
Total machine hours = 29,000 + 48,000 = 77,000
Predetermined overhead allocation rate = Total estimated overhead costs / Total estimated quantity of the overhead allocation base
= $108,000 / 77,000 machine hours
= $1.40 per machine hour
Answer:
Letter A is correct. <u><em>Direct investment.</em></u>
Explanation:
Direct Investment or Foreign Direct Investment is defined as international investment for the purposes of creation and operations in another country. This type of investment may establish a majority or minority interest in companies that give the investor control over the operations and activities of that company.
In the case of the matter, it involves the Ford company whose direct investment was made in India to open its own business operations in India.
It is a type of complex investment, often used by companies wishing to establish a commercial presence in foreign countries, so it involves not only capital and interest, but management systems and technology.
