Based on the actions of Jameson Machinery Inc, we can infer that they want to benefit from<u> First Mover Advantage. </u>
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First Mover Advantage:
- Involves being the first company or brand to enter a certain industry
- Gives the brand a competitive advantage and customer loyalty over other competitors
- Allows company to perfect services offered
In trying to get to South America first and having their brand established, Jameson hopes to benefit from first mover advantage which would see them have a competitive advantage over competitors that come later.
In conclusion, Jameson hopes to benefit from First-Mover Advantage.
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<em>Find out more at brainly.com/question/14663095. </em>
The number of years it would take to have over $6,300 is 6 years.
Simple interest is a type of interest in which interest is earned only on the amount of money deposited.
The formula that can be used to determine the number of years is: Interest / (principal x interest rate)
Interest = $6300 - $4,200 = $2100
Time = $2100 / ($4200 x 0.085)
2100 / 357
Time = 5.88 = 6 years
A similar question was answered here: brainly.com/question/2294792
Answer:
7.80 times
Explanation:
First of all we have to calculate the average inventory
Opening inventory= 159,000
Closing inventory= 200,000
Average inventory= (opening inventory+closing inventory)/2
= ( 159,000+200,000)/2
= 359,000/2
= 179,500
The next step is to find the merchandise inventory turnover which is calculated as
= Cost of goods/ Average inventory
Cost of goods= $1,400,000
Average inventory= 179,500
= 1,400,000/179,500
= 7.799 times
= 7.80 times (to 2 decimal places)
Hence the merchandise inventory was turned over 7.80 times in 2019
The conditions are:
* If tariffs tend to be small
* No retaliation by supplying nations
* No external costs such as rent seeking
If all of the conditions above are fulfilled, the country can protect the interest of local business without having to face larger economic blow back as a result. If the country that being imposed a tariff choose to retaliate, local businesses could experience an even problems since they can no longer export their products with competitive prices.
Answer:
The inspector found a violation that could cause serious injury or death.
