GATT is a very common term in business. One of the global institutions that emerged over the past 75 years is GATT which stands for the General Agreement on Tariffs and Trade.
<h3>What is the meaning of GATT?</h3>
The word simply means General Agreement on Tariffs and Trade. This General Agreement is known to covers international trade in goods.
They are involved in Trade negotiations. The WTO is regarded as the successor to the General Agreement on Tariffs and Trade (GATT) set up after the Second World War.
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Answer:
The answer is Consumer Behavior
Explanation:
Consumer Behavior is the study of individual customers, a group of people or organizations with regard to how these people and organizations purchase and dispose goods and services that are needed to satisfy their wants or needs.
This study seeks to understand how the behave in the marketplace and the reason(s) for this behavior.
The importance of understanding consumer behavior is that it can help you become more effective at marketing, advertising, product design and development, which will have the major impact of your customers.
An example can be seen when someone seeks the advice of his/her friend before purchasing a car. In this case, they may buy the car not because they like it, but because a friend recommended that car.
Answer:
The answer is General Forge and Foundry Company selling and replacing its inventory 2.55 times per year on average.
Explanation:
We have:
The company cost of good sold = Sales x 65% = 100,000 x 65% = $65,000
The company inventory = Total current asset - Cash - Account Receivable = 85,000 - 38,250 - 21,250 = $25,500
=> Inventory turn over ratio = Cost of good sold / Inventory = 65,000/25,500 = 2.55 times or the company is selling and replacing its inventory 2.55 times per year.
So, the answer is 2.55 times.
Answer:
c
Explanation:
Anyone can be a victim of fraud, there are sime out there that are sophisticated fraudsters and have created websites, etc that look legitimate with a security certification off of google.
Answer:
$8,100
Explanation:
The home was rented for more than 14 days, you must pay taxes for the rental income
Since Lille used the house for more than 15 days herself, limits her deduction. The home cannot be treated as rental home nor personal use vacation home.
total days used = (30 x 3) + 30 = 120 days
rental days = 90/120 = 75% (this doesn't apply to mortgage interest nor real estate taxes, they are still 100% deductible)
mortgage interest and real estate taxes still qualify as personal expenses = $3,000 + $1,500 = $4,500
utilities and depreciation will be deducted only 75% = ($800 + $4,000) x 75% = $3,600
total deductions = $4,500 + $3,600 = $8,100
