Answer:
Market research
Explanation:
Market research is the process of finding out about customer wants and needs as well as expanding the current business.
Answer:
A.
DR Foreign Currency Transaction loss 1,000
CR Accounts Payable (SFr) $1,000
Explanation:
When the transaction was agreed on September 3, 20X8, the exchange rate was;
$0.85 : 1 franc
Therefore the $17,000 was valued at;
= 17,000/0.85
= 20,000 francs
When the transaction was paid for however, on October 10, the Franc had gained on the dollar by;
= 0.9 - 0.85
= $0.05
This means that the dollar got weaker by $0.05 so the company made a loss of
= 20,000 francs * 0.05
= 1,000 francs
This will be recorded as;
DR Foreign Currency Transaction loss 1,000
CR Accounts Payable (SFr) $1,000
Answer:
The selling price is $99
Explanation:
The selling price of the product can be computed by adding required profit margin to the unit cost of the product.The required profit margin is the 10% return on invested assets.
Total variable cost $59*10000 =$590,000
Fixed expenses ($180,000+$60,000) =$240,000
desired profit margin(10%*$600,000) =$60,000
Total sales revenue =$990,0000
price per unit=$990,000/10000=$99
The cost-plus approach to product pricing gives $99
In the initial year, since I plan to put down $1000 and borrow $4000, then the inflow from the bank will be +$4000.
The timeline from my perspective will be:
Year 0
Cash flow +$4000
Year 1
Cash flow -$1000
Year 2
Cash flow -$1000
Year 3
Cash flow -$1000
Year 4
Cash flow -$1000
The timeline from the bank's perspective will be:
Year 0
Cash flow -$4000
Year 1
Cash flow +$1000
Year 2
Cash flow +$1000
Year 3
Cash flow +$1000
Year 4
Cash flow +$1000
I'm conclusion, it should be noted that the net cash flow for the bank in year 0 will be $-4000. This is the amount that was lent out by the bank.
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in a traditional economy resources are controlled by the people resources are used in their natural state
<h3>What is a traditional economy?</h3>
A traditional economy can be described as a kind of economic system whereby the traditions as well as the customs, and beliefs is been used in shaping the goods as well as the services of the economy produces, in the manner of their distribution.
In this case, it should be noted that Countries that use this type of economic system are often rural and farm-based, hence traditional economy resources are controlled by the people resources are used in their natural state
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