Answer:
Explanation:
Economic Darwinism explains why some inefficient accounting practices persist. Inefficient accounting systems may continue to exist either because they have proved better than other systems or because better systems have not been yet discovered.
To find the gross profit margin found by:
(revenue - cost of goods sold)/revenue
Revenue = $62,275
Cost of goods sold (purchase price) = $26,500
= (62,275 - 26,500)/62,275
= 35,775/62,275
= 0.57 x 100
Percentage of gross profit = 57%
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Answer:
B) NDPFC + Indirect Taxes
Explanation:
Net domestic product (NDP) is obtained by subtracting depreciation from gross domestic product (GDP), and it can be calculated at market price (NDPmp) or at factor cost (NDPfc):
- NDPmp = GDPmp – depreciation
- NDPfc = GDPmp – depreciation – indirect taxes
If we substitute NDPfc into option B, we will get:
NDPmp = NDPfc + indirect taxes
NDPmp = (GDPmp - depreciation - indirect taxes) + indirect taxes
NDPmp = GDPmp - depreciation
To enter the international market, you need to first master your domestic market. Find out what makes your marketplace tick, and capitalize on your strengths. This may require hiring a specialized team to do market research, finding suppliers and logistics partners, tweaking your product or service offerings to meet local needs, and establishing partnerships with other companies, vendors, and vendors.
To succeed in international business, it is important to know about the culture of the country you are entering. This includes understanding the language and cultural norms.
A good way to start is by researching what companies are already doing in that country. You can also find out more by reading case studies on international businesses.
Hence, China and India are the two countries are most companies going to today
<h3>What are some of the best resources for international business?</h3>
International businesses have a variety of tools available to them to help them succeed in their endeavors. These include online marketplaces for global trade, translation services, and more.
Some of the best resources for international business are:
- Online marketplaces for global trade
- Translation services
- Global logistics providers
- Freight forwarding companies
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