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3 years ago

Why is the quality of standards/services of products usually low for a domestic business?

Business

1 answer:

jok3333 [9.3K]3 years ago

8 0

Answer:

Domestic Business requires comparatively less capital investment as compared to international business. Domestic Business has few restrictions, as it is subject to rules, law taxation of a single country. As against this, international business is subject to rules, law taxation, tariff and quotas of many countries and therefore, it has to face many restrictions which are barriers in the international business. The nature of customers of a domestic business is more or less same.

Explanation:

Hope it helps you

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Complete the statement by filling in the correct terms.

Setler79 [48]

1= A. Balancing a back account
2= B. bank statement

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Which of the following items would be subtracted from net income when reporting cash flows from operating activities, using the

BigorU [14]

Answer:

The correct answer is Increase in accounts payable and unearned fees.

Explanation:

An account payable consists of a debt incurred by the company directly related to the economic activity of the company. An account payable is a debtor account in a company and indicates that it has to pay its suppliers (or other creditors).

The amounts that are accounted for as accounts payable come from the purchase of goods or services in terms of credit. So, accounts payable are similar to credits with the difference that banks are not involved.

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3 years ago

You have been at fault in your sexond accident in 6 months. Your insurance company is going to increase your annual premium by 2

Flauer [41]

Answer:

$1,248

Explanation:

The current premiums are $975, which is equivalent to 100%. The new premium will increase by 28%.

New premiums will be $975% plus 28%, which is equal to 128% of $975

= $975 x 128/100

=$975 x 1.28

=$1,248

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2 years ago

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Manson Industries incurs unit costs of $7 ($5 variable and $2 fixed) in making an assembly part for its finished product. A supp

sergiy2304 [10]

Answer:

Manson Industries

The total cost savings that Manson will realize by buying the assembly part instead of making it is:

($14,700), showing that more costs will be incurred.

Explanation:

a) Data and Calculations:

Make Buy

Variable cost per unit $5 $6

Fixed cost per unit 2 2

Total cost per unit $7 $8

Total units required 14,700 14,700

Total costs $102,900 $117,600

Cost saving = ($14,700)

b) Based on the above calculations, it benefits Manson more to produce the part internally than to buy from an outside supplier. There is a cost difference of $1 because the fixed costs will still be incurred whatever decision is taken.

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3 years ago

Derek plans to retire on his 65th birthday. However, he plans to work part-time until he turns 75.00. During these years of part

ser-zykov [4K]

Answer:

Annual deposit= 13,346.55

Explanation:

Giving the following information:

Exactly one year after the day he turns 75.0 when he fully retires, he will begin to make annual withdrawals of $129,100.00 from his retirement account until he turns 94.00. After this final withdrawal, he wants $1.85 million remaining in his account.

He will make contributions to his retirement account from his 26th birthday to his 65th birthday.

Assume an 8.00% interest rate.

First, we need to calculate the amount of money needed at 65.

39 years*129,100 + 1,850,000= $6,884,900

We need to calculate the value at 65:

PV= 6,884,900/(1.08^10)= $3,189,040.85

We need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (3,189,040.85*0.08)/[(1.08^39)-1]= $13,346.55

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