Explain why it is important to have some goals when developing a budget plan?

Assume that Canada places a strict quota on goods imported from the United States and that the United States does not retaliate.

FinnZ [79.3K]

Answer:

D. decline; increase

Explanation:

As the restriction on imports reduce the demand of U.S dollar. The value of U.S dollars falls which increases the value of Canadian dollar. The supply of Canadian dollars to be exchanged for U.S dollars decrease and there is less payment to be made in U.S dollars. Canadian dollar will strengthen its position and increase its value.

8 0

3 years ago

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Kowabunga was a US based beach clothing and gear company. The owner of the company wanted to expand into markets in Mexico, Aust

Digiron [165]

Based on the given details the external business factor environment that did the company evaluate for its expansion is sociocultural.

Socio-cultural as a business external factor has to do with the environment culture or customs and belief as well as the type of fashion trend they have in vogue.

For a clothing company to be successful the consumer, their income level or wealth, growth rate and the environment at large has to be put into consideration.

The company has to as well evaluate the market activities of the country as this can help to influence their decision when trying to expand into another country market as well as their strategic goals when introducing their product into an another country.

Inconclusion the external business factor environment that did the company evaluate for its expansion is sociocultural.

Learn more about sociocultural here:brainly.com/question/24769813

5 0

2 years ago

Which of the following tasks would be very difficult using only a keyboard and text?

adell [148]

The most difficult would be drawing a picture. Not sure how you would do that with a keyboard and text.

4 0

3 years ago

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Opunui Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at the beginnin

Genrish500 [490]

Answer:

Total cost= $58,150

Explanation:

Giving the following information:

Molding Finishing Total

Estimated total machine-hours (MHs) 5,000

Estimated total fixed manufacturing overhead cost $17,400

Estimated total variable manufacturing overhead= (3*3,250 + 6*1,750)= $20,250

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (17,400 + 20,250) / 5,000

Predetermined manufacturing overhead rate= $7.53 per machine hour

Now, we can calculate the total cost:

Total cost= 10,100 + 10,400 + (7.53*5,000)

Total cost= $58,150

7 0

4 years ago

Here is the income statement for Splish Brothers Inc. SPLISH BROTHERS INC. Income Statement For the Year Ended December 31, 2020

Sergio [31]

Answer:

the ratios are missing, so I looked for similar questions:

Earnings per share (EPS) = (net income - preferred dividends) / average outstanding stocks = ($109,400 - $5,500) / [(22,500 + 35,800) / 2] = $103,900 / 29,150 stocks = $3.5643 ≈ $3.56

Price earnings ratio (P/E) = stock price / EPS = $15 / $3.56 = 4.21 times

Payout ratio = dividend per share / EPS = ($18,100 / 29,150) / $3.5643 = $0.6209 / $3.5643 = 17.42%

Times interest earned = EBIT / interest expense = $147,100 / $16,100 = 9.14 times

7 0

3 years ago