Answer:
C. Country A equals –$100 million.
Explanation:
Imports from Country B to Country A = $200 million
Imports from Country A to Country B = $100 million
Imports for one country represents exports to another.
Net exports is the difference between exports and import for a country.
Net exports for country A = $100 million - $200 million = - $100 million
Net exports for country B = $200 million - $100 million = $100 million
Right option is C. Country A equals –$100 million. Country's A export is less than it's import.
Answer:
$230,000
Explanation:
Given that,
Days sales outstanding, DSO = 23 days
Annual sales = $3,650,000
Assume that it uses a 365 day year
Accounts receivable = (Annual sales × Days sales outstanding) ÷ 365 days
= ($3,650,000 × 23) ÷ 365 days
= $83,950,000 ÷ 365 days
= $230,000
Therefore, the Baxley Brothers has $230,000 balance in its accounts receivable.
Answer:
Strategic.
Explanation:
In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.
Business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan.
A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or an example to the employees working in an organization by being morally upright.
A strategic manager is also referred to as a top-level manager and he or she is mainly focused on setting goals, objectives, and procedures in order to enhance the survival, growth, and overall effectiveness of a business firm.
Hence, Sylvia can concentrate on what she really want to do as a strategic manager, by focusing on the survival, growth, and overall effectiveness of our firm.
Answer:
Contribution margin per unit = $18.55
Explanation:
Contribution margin = Net sales value - Variable cost per unit.
Variable cost per unit will be same as that of average variable cost, as is completely proportional to number of units.
Variable cost is 100% avoidable for the units not produced.
Thus,
Total Variable cost per unit shall be:
Direct material = $5.50
Direct Labor = $3.95
Variable manufacturing overhead = $1.95
Sales Commission = $1.20
Variable administrative expense = $0.85
Total variable cost = $13.45
Selling price per unit = $32.00
Therefore, contribution margin per unit = $32 - $13.45 = $18.55
