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3 years ago

Match each of the global business practices with an example of its use.

Business

1 answer:

ArbitrLikvidat [17]3 years ago

6 0

a . Offshoring : A U.S. car company begins making some of its car parts in Bangladesh

Offshoring occurs when a company takes some of its processes to services to another country or countries in order to take advantage of the lower cost conditions prevailing there.

b. Outsourcing: A U.S. car company hires a South Korean company to make its tires.

Outsourcing refers to the practice of procuring products or services from an overseas or foreign supplier instead of obtaining them from a domestic supplier.

c. Insourcing: A Japanese car company opens a factory in the United States

Insourcing refers to the practice of using its own personnel and resources to accomplish its task.

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Precilla Company uses a standard costing system that allows 2 pounds of direct materials for one finished unit of product. Durin

fenix001 [56]

Answer:

actual quantity= 25,000 pounds

Explanation:

Giving the following information:

Standard quantity= 2 pounds per units

Production= 12,000 units

Direct material quantity variance= $5,000 unfavorable

Standard price= 120,000/(2*12,000)= $5

<u>To calculate the actual quantity used in production, we need to use the following formula:</u>

Direct material quantity variance= (standard quantity - actual quantity)*standard price

-5,000 = (24,000 - actual quantity)*5

-5,000 = 120,000 - 5actual quantity

125,000/5 = actual quantity

25,000 = actual quantity

6 0

3 years ago

a broker enters into a listing agreement with a seller. the seller advertises and negotiates a sale contract on the house. at cl

Aliun [14]

A listing agreement is a contract between the property proprietor and the estate broker. The listing agreement must have been an exclusive right to sell.

<h3>What is Exclusive Right-to-Sell Listing Agreement?</h3>

An Exclusive Right-to-Sell Listing Agreement is one of the types of listing agreement that is a contract signed by the broker and the owner. The broker acts as an agent that has been involved in sales.

The owner has to pay a commission to the broker even if the sales were not through the agent during the time period of the contractual agreement. The property in the time period cannot be listed with another broker.

Therefore, the listing agreement is Exclusive Right-to-Sell.

Learn more about exclusive right-to-sell, here:

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6 0

2 years ago

If the project's performance is expressed by this graph, which of the following is true about the project performance

joja [24]

If this graph expresses the project's performance. the statement the project is performing behind schedule and under budget is true.

In discrete mathematics, a graph is a collection of points called vertices and lines between those points called edges. There are different types of charts, including B, Connected and disconnected charts, bipartite charts, weighted charts, directed and undirected charts, and simple charts. Graphs are a common way to show relationships in data visually. The purpose of charts is to display data that is too large or too complex to adequately explain with less text or space.

Learn more about graphs here

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5 0

1 year ago

A corporate bond with a 6.5 percent coupon has 15 years left to maturity. It has had a credit rating of BBB and a yield to matur

Scrat [10]

Answer:

Price change in dollars = $104.22

% decrease in price of dollars = 11.13%

Explanation:

We assume the corporate bond have a face value of $1,000

Face Value = $1000

Coupon = 6.5%*1000/2 =32.50

Number of Periods = 15*2 =30

Semi annual rate of BBB bond = 7.2%/2 =3.6%

Price of BBB Bond = PV of Coupons + PV of Par Value =

Price of BBB Bond = 32.50*(((1-(1+3.6%)^-30)/3.6%)+1000/(1+3.6%)^30

Price of BBB Bond = $936.43

Semiannual Discount Rate for BB bond = 8.5%/2 = 4.25%

Price of BB Bond = PV of Coupons + PV of Par Value

Price of BB Bond = 32.50*(((1-(1+4.25%)^-30)/4.25%)+1000/(1+4.25%)^30

Price of BB Bond= $832.21

Price change in dollars = $936.43 - $832.21

Price change in dollars = $104.22

% decrease in price of dollars = $104.22 / $936.43

% decrease in price of dollars = 0.111295025

% decrease in price of dollars = 11.13%

6 0

3 years ago

Formulating Financial Statements from Raw Data

Tpy6a [65]

Solution:

General Mills, Inc., Income statement for year ended May 25, 2003

Particulars Millions $

Revenue $10,506

Less Cost of goods sold - 6,109

----------------

Gross profit 4,397

----------------

Less operating expenses - 3,480

-----------------

917

-----------------

Balance sheet May 25, 2003

Assets Million $ Liabilities Million $

Cash 703 Total Liabilities 13,752

Non cash 17,524 Stockholders' equity 4,475

Total assets 18,227 Total Liabilities & equity 18,227

Statement for cash flows for year ended May 25, 2003

Particulars Million $

Cash from operating activities 1,631

Cash from financing activities - 885

Cash from investing activities - 1,018

--------------

Net change in cash -272

----------------

Cash, beginning year 975

-----------------

703

A negative amount for cash from financing activities reflects the reduction of long term debt

Profit margin = ( Net income / Revenue ) * 100

= ( 917 / 10,506 ) * 100

= 8.72%

Asset turnover = Revenue / total assets

= 10,506 / 18, 227

= 0.57

Return on assets =( Net income / Total assets ) * 100

= ( 917 / 18, 227 ) *100

= 5.03%

Return of equity = ( Net income / Total shareholder equity )*100

= ( 917 / 4,475 ) *100

= 20.49%

4 0

3 years ago