France and nearby Euro countries. 2. Mission’s price for the coupling in questions (PT40) is $1.26‚ FOB‚ Los Angeles. The target gross margin for exports is 30% FOB $1.26 (location Los Angeles) COGS $ .88 (Fixed) GTM $0.38 CIF $1.3627= $1.36 FOB (1.05) (1.03)= 1.0815 Pricing FOB $1.33- $.88= $.45 $1.54- $.88=$.66 Target (Gross Margin for exports 30%) 3. Mission has a reputation for high prices in the US‚ and running the factory below capacity limits will
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Penshoppe Penshoppe Clothing provides a variety of styles to choose from and constantly update its collection. Started in 1986‚ today Penshoppe is recognized as one of the market leaders in the Philippine’s in fashion‚ accessorries and personal care product industry. Penshoppe was launched in 1986 by young Chief Executive Officer Bernie Liu and a few friends in Cebu City‚ Philippines‚ who were privy to the clothing needs of young people. T-shirts basically composed 80% of students’ clothing repertoire
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between gross and net profit If a business wants to succeed they have to make profit. Because if they do not make any sort of profit then their business will not succeed. If Hannah wants to succeed in her business then she must make profit in order to survive in the outside market and if she doesn’t make that much profit then her business is in trouble she can go in debt or even lose his business as it won’t exist anymore. So Hannah needs to know about the two main types of profit which is gross profit
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mafia’s effect on the Gross domestic Profit is that government’s ability to aid small business growth. Thus the government has to spend more money to help businesses manifest into a raging economy. The United States currently holds the strongest economy in the world‚ by peoples’ determination to make their dream a reality‚ availability to resources‚ and aid from the government. Having a strong economy then directly relates to a country’s GDP or Gross Domestic Profit. Gross Domestic Profit stands
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Gross Anatomy of the Central Nervous System Laszlo Vass‚ Ed.D. Version 42-0011-00-01 Lab RepoRt assistant This document is not meant to be a substitute for a formal laboratory report. The Lab Report Assistant is simply a summary of the experiment’s questions‚ diagrams if needed‚ and data tables that should be addressed in a formal lab report. The intent is to facilitate students’ writing of lab reports by providing this information in an editable file which
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Net and Gross Method of Recording Purchases Purchase Discounts It is a contra-expense account which is an offer from the supplier to the purchaser‚ to reduce the selling price if the payment is made within a certain period of time. It is subtracted from the purchases on the income statement. Sellers frequently call them sales discounts. Methods of Recording In accounting‚ gross method and net method are used to record these kinds of transactions. Net Recording Method Under the net method‚ purchase
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following questions making sure you SHOW YOUR WORK. 1. A hardware store bought a gross (12 dozen) of hammers‚ paying $602.40 for the total order. The retailer estimated operating expenses for this product to be 35% of sales‚ and wanted a net profit of 5% of sales. The retailer expected no markdowns. What retail selling price should be set for each hammer? [Hint: The way to handle this problem is to say that the Gross Profit Margin has to cover the 35% of expenses applicable to the product plus the
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* A tort (in French‚ meaning “wrong”) is a wrong or injury to another than a breach of contract I. Introduction to Tort Law * Tort Law’s primary objective is to provide compensation for injured parties. * Secondary objective is that it discourages private retaliation by injured person’s and their friends * Third objective is that it satisfies our collective sense of right and wrong by providing that someone who creates harm should make things right by compensating those
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Bhutan is internationally known for the philosophy of Gross National Happiness (GNH). GNH has become a multidimensional development approach supported by the foundations of four pillars which include Sustainable and Equitable Socio-Economic Development; Conservation of Environment; Preservation and Promotion of Culture and Tradition; and Good Governance. Bhutan is unique in paving the way to measure development progress in terms of GNH rather than GDP (Dixon. F‚ 2004)‚ which is not without challenges
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EVERYTHING! Thursday‚ October 31‚ 2013 7:38 PM Lecture 10/15 • Test one Review (Shoulder) ○ The scapula ○ ○ ○ The Humerus Review Page 1 ○ ○ Capitulum □ Where the fovea and the head of the radius articulate Radial fossa □ Head of the radius lies in full flexion Trochlea □ T notch articulates on the ulna Coronoid fossa □ Coronoid process lies in full flexion Lateral and medial supracondylar ridges □ Attachment site Extensor carpi
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