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Bezzdna [24]
3 years ago
10

While on a trip to South Africa, Elena was impressed with colorful woven outdoor placemats, floor mats, chair cushions, and umbr

ellas that local artisans were weaving. Upon returning to the U.S., she was confident that U.S. consumers would be as intrigued by these accessories as she was. Elena decided to explore the possibility of starting an import business to bring these products to the U.S. Which of the following statements seems to be good advice for Elena?A. Learn from others who import goods from abroad, and particularly from Africa.B. Make certain that you have twice the cash necessary to make your first purchases.C. Before performing a feasibility study, form your legal business status.D. Since most import businesses are also export businesses, find a U.S. product South Africans would be willing to buy.
Business
2 answers:
Anit [1.1K]3 years ago
8 0

Answer:

D. Since most import businesses are also export businesses, find a U.S. product South Africans would be willing to buy.

Explanation:

Also she should hear from others who import and export goods from Africa and US and vice-versa.

VLD [36.1K]3 years ago
7 0

Answer:

Learn from others who import goods from Abroad and particularly from Africa ( A )

Explanation:

The best way to explore business opportunities is to conduct a market survey and this survey includes learning what the consumers want and as well as learning form the already existing suppliers of the products. learning from the suppliers will help inform you on the steps to take to be successful in the business and also know how profitable the business venture would be in the short and long run.

Elena wanting to go into importation of goods from Africa will need to learn from others who are already importing from Abroad especially from Africa were her target market for the supply of her product is located that way she will get a proper insight of what the business of importation is all about

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Answer:

a. increased by $56,000

Explanation:

General accounting equation ;

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3 years ago
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Answer:

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2 years ago
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nlexa [21]

Answer:

Explanation:

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3 years ago
During December, the production department of a process operations system completed and transferred to finished goods a total of
slega [8]

Answer:

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Explanation:

<em>Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required is done in the period under consideration. So there is no separation of the completed units into opening inventory and fully worked.</em>

Cost per equivalent unit = cost / total equivalent units

To determine the direct material cost per equivalent unit, we follow the steps below

Step 1

<em>Determine the total equivalent units</em>

<em>Item                   Workings                       Equivalent  unit (E.U)</em>

Finished good     100% × 59,000   =       59,000

Closing WIP        50% ×  15,000     =         7,500

Total equivalent unit                             66,500

Step 2

<em>Determine the cost per equivalent unit</em>

Total direct material cost = $ (60,100 + 190,800)

                                    =  $ 250,900

Direct material cost per equivalent unit

  = 250,900/66, 500 E.U

= $3.77

Direct material cost per equivalent unit = $3.77

4 0
3 years ago
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