Answer:
The reason is that the companies believed that they were able to compete against global and domestic rivals.
Explanation:
The reason for companies to be against the protection is that they believed that they didn't need it because they had advantages that allow them to compete against competitors from other countries. However, if the US would have established a protection from imports, the countries of the companies affected by the measure could have established similar restrictions that wouldn't allow these companies to compete in other markets.
Answer:
a new market simply means a new group of people never before reached
Explanation:
Answer:
$45,450
Explanation:
your first year sales should be $500,000
your second year sales should be $500,000 x 1.03 = $515,000
your third year sales should be $515,000 x 1.03 = $530,450
total sales = $1,545,450
since you previously budgeted $1,500,000 in sales for the 3 years, you were off by $45,450
Answer:
$63,630
Explanation:
Inventory turnover is the ratio that how many time a business has sold or replaced the inventory during a given period. A business is considered more profitable if it has high inventory turnover.
Average inventory is the average of opening inventory and closing inventory for the year.
Inventory Turnover = Cost of Goods Sold / Average Inventory
Average Inventory = Cost of Goods Sold / Inventory Turnover
Average Inventory = $432,687 / 6.8 = $63,630
Answer:
$474,819
Explanation:
The computation of the amount of Data Processing costs is allocated to A is shown below:
Personal Cost
= 300,000 ÷ (12+20) × 12
= $112,500
And, the Data Processing Cost is
= 1000,000 ÷ (125,000 + 220,000) × 125,000
= 362,319
So, the Total cost is $474,819