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Otrada [13]
1 year ago
12

In most cases, countries use tariffs to reduce foreign competition, but tariffs are also used?

Business
1 answer:
Bumek [7]1 year ago
6 0

In most cases, countries use tariffs to reduce foreign competition, but tariffs are also used to increase the demand of locally produced goods and services which further leads to increment in government revenue.

When countries impose tariffs, people get less attractive towards imported goods and services which pushes them towards domestic goods and services. This strategy increases the sale and purchase of locally produced goods and services which helps in enhancing the life of locals of country and also help in discarding the poverty.

Whenever domestic products or services purchased it also raises government revenue which is further used for benefit of local people and building nation which in whole level pushes the growth of entire country.

Read more about government revenue here

brainly.com/question/13846170

#SPJ4

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While auditing a client, the CEO asks you to look carefully at cash flows. You notice that cash flows have decreased every year.
Vikki [24]

Answer:

The answer is: FALSE

Explanation:

Documents are the most significant evidence in most fraud cases. Those who commit fraud will generally try to manipulate documentary evidence. Investigating the company's databases and accounting records are the best way to get documentary evidence. Also, documentary evidence is considered to be more reliable than eyewitness testimony.

5 0
3 years ago
Juanita receives her paycheck and knows that her gross pay and federal tax are correct. Using the fact that Social Security tax
tensa zangetsu [6.8K]

Answer:

a. The net pay is correct.

Explanation:

Suppose the missing part of the question which is the gross pay and the federal tax is 1020.00 and 107.00 respectively.

Then, Social Security tax 6.2% of the gross pay = \dfrac{6.2}{100}\times 1020

Social Security tax 6.2% of the gross pay  = 0.062 × 1020

Social Security tax 6.2% of the gross pay  = $63.24

the Medicare tax is 1.45% of gross pay = \dfrac{1.45}{100} \times 1020

the Medicare tax is 1.45% of gross pay = 0.0145  × 1020

the Medicare tax is 1.45% of gross pay =  $14.79

the state tax is 19% of federal tax = \dfrac{19}{100} \times 107

the state tax is 19% of federal tax = 0.19 × 107

the state tax is 19% of federal tax = $20.33

Hence, to determine if Juanita's net pay is correct, we have the summation of all our estimated figures minus the gross pay.

i.e

Juanita's net pay = $1020 - $(107 + 63.24 + 14.79 + 20.33)

Juanita's net pay =  $1020 - 205.36

Juanita's net pay =  $814.64

3 0
2 years ago
Give at least three examples of how podcasts could replace more traditional message formats in business
vivado [14]

Answer:

Explanation:

Podcasts are usually means by which organizations avoid regulatory bodies, such as American Federal Communications Commission (FCC), that would not allow a program to be broadcast in traditional media.

Podcasts create brand fanatics. This is the essence of long-form content marketing. Each time a customer listens to a podcaster speak with authority, the podcaster is establishing himselves as a thought-leader.

Podcasting is an unconventional way of informing the public of new drugs and processes to improve medical awareness.

These podcasts enable health and wellness education to be widely accessible.

Politicians also explore political themes,provide the public with Presidential addresses, speeches, and press briefings using podcasts.

5 0
2 years ago
A firm uses a continuous review (Q) inventory system. Weekly demand for a product is normally distributed with a mean of 120 uni
Sidana [21]

Answer: 90.32%

Explanation:

Weekly demand (d) = 120

Standard deviation = 10

Lead time (l) = 4

Reorder point = 506

The reorder point is calculated as:

506 = 120 × 4 + Z × 10 × ✓4

Solving for Z will give us 1.3

Then, we check this in the z table which will give us p = 0.9032

Therefore, the service level is 90.32%.

8 0
3 years ago
Peanut crops have been destroyed by a fungus. Consumers are substituting almond butter for peanut butter because they perceive i
vladimir2022 [97]

The prices of both peanut butter and almond butter are rising because of the demand and supply forces.

<h3>What is Demand and supply?</h3>

Demand and supply forces are the deriving forces of the market which influence the prices of the commodities. Demand refers to the willingness and ability to purchase the commodity.  

Supply refers to the availability of the product and services in the market that to as per the requirement in the market. Thus both the terms are interrelated and interconnected to each other.

As per the above situation, the rise in the demand of the peanut butter is due the loss of the crop due to fungus with created shortage in the supply of the peanut in the market.

Thus people shifted to its substitute almond butter which rises the demand of the almond butter as well.

Therefore it increased the prices of the  both the kinds of the butter available in the market.

Learn more about Demand and supply here:

brainly.com/question/8650679

#SPJ1

6 0
2 years ago
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