Based on the scenario above, this process is being termed as
dumping. Dumping is a term used in the international trade’s context where in
the export of a company or a country in regards with their product is being
priced lower when they are in the foreign importing market than of the domestic
market.
Answer:
Undisclosed principal
Explanation:
Am undisclosed principal in an agency relationship is one whose existence is not known to the third party. The third party believes they are making the transaction with the only agent involved in the transaction.
In this instance Sarah believed she was selling to Alice and was not aware Alice has a principal (Harold). In her mind she sold the land to Alice and no other person.
It was at the point where Harold said he no longer wanted the land that Alice told Sarah about him. At this point the contract between Harold and Alice had been terminated
$553,950 is the total cost of the production.
Explanation:
In the table attached the various factors are explained
The total production, direct labour, total direct labour hours per unit and the total cost is calculated.
The total production of standard production for 3 months is calculated as (30,000*$15)=$450,000
the total production of deluxe product is calculated as (6,930*$15)=>$103,950
then the sum is found to get the total cost that is $553,950.
Answer:
Explanation:
The preparation of the company’s income statement is presented below:
Home Realty, Incorporated
Income statement
Sales revenue $181,000
Less: Total expenses
Salaries and wages expense ($100,000)
Interest expense ($6,600)
Advertising expenses ($9,175)
Income tax expense ($18,800)
Net income $46,425
Answer:
0.0923 or 9.23%
Explanation:
We have to use the Poisson distribution:
P(x) = (0.2 x e⁻¹) / [(0.2 x e⁻¹)+ (0.8 x e⁻⁰°¹)]
- e = 2.71828 (given)
- lambda = λ = 0.1
0.073578 / (0.073578 + 0.72387) = 0.073578 / 0.79744 = 0.092267 or 9.23%
The Poisson distribution is used to calculate the probability of occurrence of independent and random variables.
