A code of conduct is a set of guidelines for helping a firm make ethical decisions. It <span>states the principles and expectations governing the behavior of individuals and organizations in the conduct of internal auditing. Hope this answers the question.</span>
Answer:
Comparative advantage
Explanation:
The reason is that Japan has less oportunity cost to manufacture cameras than US, so the Japanese companies has an advantage over US companies to compete not on efficiencies but on the cost of the product. Japanese camera won the US market very easily because the japanese camera costs very less to produce in Japan rather than in US. So the comparative advantage theory explains this trade of cameras in international trade with a better explanation.
Answer:
$12,000
Explanation:
Margin of safety = Current sales level - Break even point
=(8,000 ×12) - (7,000 × 12)
= 96,000 - 84,000
= $12,000
Answer:
Inventory = 15 voters
Flow rate = 3 voters per minute
Flow Time = 5 minutes
Explanation:
Flow rate is defined as the flow of units for each minute, or the minutes or each unit.
Here, number of voters is the units = 1,800 voters
Also provided number of hours = 10
Thus, flow rate shall be: 1,800/10 = 180 voters each hour
Now
= 3 voters per minute.
Flow time is the average time by each unit, that is time taken for each unit.
Flow time = 5 minutes
Now, that we know what flow rate and flow time is:
Inventory of voters = Flow rate
Flow time = 3 voters
5 minutes = 15 voters.