If you miss your court date or trial, the court could choose to issue an arrest warrant. In most cases, you will definitely be charged with a failure to appear violation. This additional violation carries another fine in addition to the fine for the original traffic ticket.
Answer:
The selling price of the lemonade need to be to break even at 40 glasses is $1,877.50
Explanation:
Assumption: Considering $75,000 as fixed cost:
Break-even = Fixed cost / contribution per unit
40 = $75,000 / Contribution per unit
Contribution per unit = $75,000 / 40
Contribution per unit = $1875
Selling Price = $1,875 + $2.25 = 1,877.50
Answer:
How will e-commerce affect Emerson's ability to export products from China?
Explanation:
The answer above is the least relevant question that Emerson should think about before taking the decision of either building the facility in China or in the United States.
The reason is that exporting goods that are ordered online, from China to the United States, should not represent any significant problem, since the United States already imports billions of dollars in goods from China every year (the United States has the largest trade deficit in the world, with China precisely).
The Chinese economy is built for exporting. What Emerson should decide is the city where to locate the facility. Ideally, it should be a city with good infraestructure like Shanghai or Shenzhen.
Answer:
Residual Income = $6,000
Explanation:
Residual income is the excess income of a firm leftover the opportunity cost of capital or over the desired income.
Given,
The minimum rate of return 12%
Average operating assets = $300,000
Net operating income = $42,000
We know,
Residual Income = Net Operating Income - (Average operating assets x the minimum rate of return)
Residual Income = $42,000 - ($300,000 x 12%)
Residual Income = $42,000 - $36,000
Residual Income = $6,000
