Answer:
A. population sizes, income levels and cultural influences, the current state of the infrastructure and distribution and retail networks available.
Explanation:
The reason is that the foreign markets are affected by the cultural differences for example if US clothing brand enters Suadia Arabia then it can not sell its brands here because in the Suadia Arabian culture girls wear full sleeves and are not skin tight fits. This means that the culture have an influence over the foreign markets. Likewise the income level tells about how much the customer can spend on luxury items, population of customers available is also an attractive part that the investors see to move in the markets. The infrastructure of a country and the regional importance of the state are also the motivators for the foreign companies to move in to the market.
These factors are the ecosystem of the country that gives insight of the market size and market growth of a particular market.
Answer:
BUDGET LINE
Explanation:
Budget Line is graphical representation of product combinations that a consumer can buy, given product prices & income (all spent)
It is downward sloping because of inverse relationship between goods - one good's consumption has to be decreased to increase other good's consumption, given same prices & income.
Budget Line Equation : x.px + y.py = m
[x = quantity of good x, px = price of good x, y = y good quantity, py = good y price, m = money income].
Slope of Budget line is : Amount of a good sacrifised to attain the other good, given same prices & income. The sacrifise ratio gets derived from the price ratios of the two goods.
Budget Line Slope = ΔY / ΔX = PX / PY
Answer:
Recognized Sales Value = $18,000
Explanation:
Fragment company selling Price is $300/Unit
40% trade discount is offered for purchases of 50 units and more. That is, $300 x 40% = $120.
This implies anyone buying 50 or more will pay only $180/Unit ($300 - $120)
Customer Purchased 100 units
Sales terms is FOB, which implies Fragment is responsible for transportation costs of the products from his warehouse to the Port of Shipment including loading onto the ship. The Buyer will be responsible for Marine Freight expense, Insurance, Off-loading and shipment to his own warehouse
The $7 Per Unit indicated will account for inland transport to Port of shipment
Recognized Sales = 100 units x $180 = $18,000
Cost of Haulage (Carriage outwards) is $7 x 100 units = $700
Answer:
Net operating income= 88,000
Explanation:
Giving the following information:
Selling price= $20
Unitary variable cost= 20*0.3= 6
Fixed costs= $10,000
Units sold= 7,000
<u>We need to calculate the net operating income:</u>
Sales= 20*7,000= 140,000
Variable cost= 6*7,000= (42,000)
Contribution margin= 98,000
Fixed costs= (10,000)
Net operating income= 88,000
Answer:
Medlock will receive $2,940
Explanation:
Credit terms of 2/10, n/30 means there is a discount of 2% is available on payment of due amount within discount period of 10 days after sale with net credit period of 30 days.
According to given data
Sales = $3,000
As the payment is made within discount period, so discount will be availed
Discount = $3,000 x 2% = $60
Now deduct the discount from due balance to calculate the amount received.
Amount Received = $3,000 - $60 = $2,940
