Answer: B. It may help a firm achieve experience curve and location economies
Explanation: Exporting is defined as the act of conveying or sending commodities abroad or to another country, in the course of commerce. Exporting provides a distinct advantage to firms in that it helps them achieve experience curve (which posits that the more experience a business has in the production of product, the lower its costs in producing the product) and location economies (the production of a good or product under the most optimum settings that confers an added advantage in cost of productions over their competitors).
Answer:
The budgeted net income for December is $42,500
Explanation:
The budgeted net income is calculated by following table:
1. Sales $550,000
2. Cost of goods sold 75% x $550,000 = $412,500
3. Selling and administrative expenses $60,000
4. Depreciation expense $35,000
5. Net income (1-2-3-4) $42,500
Answer:
Option D is correct one.
$ 154,200 increase to accumulated other comprehensive income
Explanation:
Foreign currency gain = $41,400
Un-realised gain on its trading securities= $112,800
Increase in Accumulated other comprehensive income= $ 154,200
Answer:
The civil court filing must be dismissed because of the constitutional right against double jeopardy.
Explanation:
Double jeopardy is the legal concept that protects a person from being tried again for the same or similar charge following his aquittal or conviction.
Fred Arden has been tried in criminal court and found innocent. Shawn is trying to sue him again for the same act in civil court.
This is against the rule of double jeopardy.
Answer:
that there's a need for an improved poverty measure.
Explanation:
It is interesting to note that poverty has a defined measurement which helps Governments understand how taxes and government programs affect those who are poor.
However, due to changing housing costs and the fact that indoor plumbing was not common for rural families in the middle of the twentieth century it was necessary to modify the measures that defines a poor person.
