Answer: d. 30%
Explanation:
Global brands are companies that have achieved international success such that they are recognised in many other countries apart from their own and have many customers in other countries as well.
However, simply being known abroad does not classify a company as a global brand. The company must be generating sufficient revenue from their operations outside as a proportion of their total revenue their home country with sufficient meaning at least 30% of their revenue.
<span>If a contractor is planning to build a new apartment complex in the Unites States, then he will have to abide by a few laws in order to avoid violation charges.
However, the US Attorney General does not have the jurisdiction to issue fines even if many laws have been violated by the contractor.
The contractor should supposedly follow all the laws especially the ADA law (Americans with Disabilities Act).
</span>
Answer: True
Explanation: When the central monetary authority of a country attaches the value of their country's currency in relation to any other country's currency, then such an arrangement is called pegged exchange rate system.
The reference currency used by the authorities are generally of those countries which have a strong monetary base like US dollar or Euros.
Hence, from the above we can conclude that the given statement is true.
Answer:
the contribution margin per unit of the product is $29.7
Explanation:
to calculate fixed cost per unit, you will divide the total fixed cost by the number of unit of product. i.e $39,480/1330units = $29.7 per unit
variable cost per product is $5,607/1330units = $4.2 per unit
selling price = 33.9 i.e fixed cost + variable cost
solution
selling price per unit= 33.9
less V.C <u> 4.2</u>
contribution margin 29.7
fixed cost per unit <u> 29.7</u>
0
the account is at break-even point
Answer:
Prior to 1990, there were a number of nurseries within the valley as well as a few outside that cultivated flowers, but the trend then was more towards producing potted plants, seeds, bulbs and suchlike. There was no large market for cut flowers of the variety available now, in part because there was very little demand due to a lack of market exposure to cut flowers. People in Kathmandu just did not use them on a regular basis. According to nursery owners, there was at that time only a small demand amongst the expatriate community and amongst the Indian community. On November 15 1992 however, the Floriculture Association of Nepal or FAN was formed, and this marked the beginning of the floriculture industry in Nepal.
FAN was formed by 11 nursery owners with the objective of promoting and enhancing the floriculture industry and the emergence of flowers in the Katmandu market can in fact be attributed to the training in flower arrangement that FAN conducted in 1993. Following this training, they initiated the opening of a wholesale market and the support FAN gave to the organization 'Women in Floriculture' project enabled several entrepreneurs to set up flower retail outlets. This supply driven demand resulted in flowers being made available in the market and the market responded by taking up this supply. Business has since improved as demonstrated by the change in demand from around 100 rose stems a day in 1992 to 3000 stems in 2003 and from 100 gladiolus stems in 1992 to 6000 in 2003. Figures from FAN put the total sale of cut flowers at 10 million in 1992, which went up to 70.2 million in 2003.
The domestic market for cut flowers is in fact increasing according to Suresh Bhakta Shrestha of Standard Nursery in Bansbari. He says that in 1993 150 thousand Nepali Rupees was the total turnover for all the shops that sold flowers in Kathmandu. This figure is now around 80 to a 100 thousand Rupees per month per shop! Latest figures also suggest that there are there are currently around 300 nurseries and 40 retail shops within the Kathmandu valley. This information suggests that floriculture has grown very rapidly and that the flower culture here continues to grow.
Explanation:
