What is the basic purpose of the World Trade Organization (WTO)?
The basic purpose of the World Trade Organization is to facilitate the flow of trade by establishing agreements on potential trade barriers such as import quotas, customs, export regulations, anti-dumping restrictions (the prohibition against selling goods for less than fair market value), subsidies, and import fees.
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DHL gained significant favorable publicity when it safely transported two giant pandas from Chengdu, China to the National Zoo in Washington, D.C
Indicate whether the statement is true or false
Double taxation means that the
a. government taxes both salaries and dividends. b. government taxes both earnings to corporations and dividends to individuals. c. tax rate for corporations is double that of individuals. d. government taxes both stocks and bonds.
Capitol has received a special order for 2,000 units of its product at a special price of $195. The product normally sells for $260 and has the following manufacturing costs: Per unitDirect materials $78Direct labor 52Variable manufacturing overhead 39Fixed manufacturing overhead 65Unit cost $234Assume that Capitol has sufficient capacity to fill the order without harming normal production and sales and all fixed overhead is unavoidable. a. If Capital accepts the order, what effect will the order have on the company's short-term profit?b. What minimum price should Capital charge to achieve a $65,000 incremental profit?c. Now assume Capital is currently operating at full capacity and cannot fill the order without harming normal production and sales. If Capitol accepts the
order, what effect will the order have on the company's short-term profit? What will be an ideal response?
The conventional measure of liquidity is the current ratio, which compares the current assets to current liabilities on a relative basis.
Answer the following statement true (T) or false (F)