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victus00 [196]
3 years ago
8

29.What are some potential difficulties that you might encounter when doing business in the Chinese market?

Business
1 answer:
saveliy_v [14]3 years ago
5 0
Cultural Problem.
Adaptation and localization of Business.
Intellectual Property Right (IPR)
Logistics Challenge.
Build Trust.
Sales & Distribution.
Increasingly competitive market.
Fake marketing challenge.
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Chance, Inc. sold 5,000 units of its product at a price of $172 per unit. Total variable cost per unit is $131, consisting of $9
madam [21]

Answer:

$400,000

Explanation:

Computation for the manufacturing margin for the company under variable costing

Using this formula

Manufacturing margin= Sales - Total variable production cost

Let plug in the formula

Manufacturing margin=( 5,000*$172)- (5,000*$92)

Manufacturing margin=$860,000-$460,000

Manufacturing margin= $400,000

Therefore the manufacturing margin for the company under variable costing is $400,000

7 0
3 years ago
What is one of the first decisions an entrepreneur must make?
Darya [45]

What kind of business organization will best serve his or her interests.

All of the other decisions are very important, but unless you know what type of organization you want it will be hard to make other more important decisions about the business.

6 0
3 years ago
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A dry cleaner uses exponential smoothing to forecast equipment usage. The August forecast was 88% and the actual was 89.6%. Use
Sophie [7]

Answer:

1. 88.16%

2. 88.54%

Explanation:

a. Prepare a forecast for September

Smoothing constant (a) is 0.1

Forecast for August (Ft) is 88%

Actual usage for August (At) is 89.6%

Forecast for September(Ft +1) will therefore be;

Using the formulae

= Ft+a (At-Ft)

= 88% + 0.1(89.6% - 88%)

= 88% + 0.16%

= 88.16%

b. Assuming actual September usage of 92% , prepare a forecast for October usage.

Since we have the following,

Smoothing constant(a) 0.1

Then forecast for September(Ft) is 88.16%

Also, actual usage for September (At) is 92%

Therefore, forecast for October (Ft + 1) will be,

Using the formula

= Ft+a(At - Ft)

= 88.16% + 0.1(92% - 88.16%)

= 88.16% + 0.384%

= 88.54%

7 0
3 years ago
c. Prepare journal entries to record the transfer of all completed units to Finished Goods Inventory and the subsequent sale of
tia_tia [17]

Answer:

453,600 To record sale of units

Explanation:

                         Unit Price Sales

Finished goods 8400 54     453600

8 0
3 years ago
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According to the video, what are some qualities Financial Analysts need? Check all that apply. business sawy a college education
attashe74 [19]

Answer:

b,c,e,g

Explanation:

Just did it

7 1
3 years ago
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