British International Has a Division in the United States That

question 38

Multiple Choice

British International has a division in the United States that produces tires for automobiles. These tires are transferred to an automobile division in Germany. The tires can be (and are) sold externally in the United States for £60 each. The cost to produce a tire is £40. It costs £3 per tire for shipping and £5 per tire for import duties. When the tires are sold externally, British International spends £2 per tire for commissions and an average of £1 per tire for advertising. An acceptable markup is 30 per cent of costs. What is the transfer price if the cost-plus method is used?

• A)£78.00
• B)£60.00
• C)£84.50
• D)£52.00

Grasp the concept of transition in relationships from childhood to adulthood.

Understand workplace communication dynamics including sexual harassment and workplace bullying.

Recognize the importance of intercultural communication competence in relationships.

Understand how workplace relationships, including romances, can affect the professional environment.

---

Definitions:

Ford

An American multinational automaker known for its production and sale of cars, trucks, and commercial vehicles.

Shell Oil

A major global group of energy and petrochemical companies known for exploring for and extracting crude oil and natural gas.

Ask Price

The lowest price at which a seller is willing to sell a security or commodity.

Semi-annual

Occurring twice a year; a term often used in finance to describe payments or interest calculations that happen twice within a year.