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Svetradugi [14.3K]
3 years ago
15

Based on what you have learned, why does the ITA believe that fair trade is important to US businesses and to the world?

Business
2 answers:
Anastaziya [24]3 years ago
7 0
T<span>he ITA believes that fair-trade policies allow countries to import and export freely, allowing consumers to save money. It will also create economic opportunities that will help to improve economies in other countries, which could contribute to solving global issues like poverty. To meet these goals, the ITA believes that trade barriers need to be eliminated.</span>
Bingel [31]3 years ago
6 0

The sample response on Edg. is:  The ITA believes that fair-trade policies allow countries to import and export freely, allowing consumers to save money. It will also create economic opportunities that will help to improve economies in other countries, which could contribute to solving global issues like poverty. To meet these goals, the ITA believes that trade barriers need to be eliminated.

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Pitt Enterprises manufactures jeans. All materials are introduced at the beginning of the manufacturing process in the Cutting D
blagie [28]

Answer:

e. 225,000 materials; 195,000 conversion.

Explanation:

direct materials

beginning WIP inventory = 0%*50000

                                          = 0

started and completed = 150000*100%

                                       = 150000

ending WIP inventory = 75000*100%

                                    = 75000

equivalent units = 0 + 150000 + 75000

                           = 225000

conversion

beginning WIP inventory = 50000*60%

                                          = 30000

started and completed = 150000*100%

                                       = 150000

ending WIP inventory = 75000*20%

                                    = 15000

equivalent units = 30000 + 150000 + 15000

                           = 195000

Therefore, The equivalent units for direct materials and conversion respectively for May is $225,000 and $195,000 respectively.

7 0
2 years ago
Ramon incurred $83,100 of interest expense related to his investments this year. His investment income included $34,500 of inter
cestrela7 [59]

Answer:

$72,000

Explanation:

To calculate investment interest expense dedcution, we need to know the total investment income  & total investment interest expenses

Then there're 2 scenarios as followings:

  • If the investment interest expenses are less than the net investment income, the entire investment interest expense is deductible.
  • If the investment interest expenses are more than the net investment income, we can deduct the expenses up to the net investment income amount. The rest of the expenses are carried forward to next year.

In this example, Ramon's investment income is  $72,000 ($34,500 of interest and a $37,500 net capital gain on the sale of securities); is lower than his interest expenses of $83,100.

So Ramon is entiled to deduct $72,000 all the entire investment interest expense in current year

7 0
3 years ago
According to the U.S. Department of Labor Statistics, _____ is the industry earning the highest average annual wage in 2009.
Alchen [17]

Answer:

B. federal government

4 0
3 years ago
Read 2 more answers
Consumer protections related to the Internet and telecommunications and direct-mail fraud are covered under the Financial Practi
Elden [556K]
False, it is not protected
4 0
2 years ago
How physical asset valuation (PAV) and research and
stellarik [79]

Answer:

We'll take this one after the other.

A. First Physical Asset Valuation (PAV) refers to the act of writing up or writing down the carrying value of an organisations assets in its balance sheet.

In simple terms, it refers to increasing upwards or downwards the value of an organisations asset in its balance sheet.

When assets are written down, the following are likely to occur:

Critical changes to an organization’s business model or strategy, such as termination of the business and  loss of a regulatory licence;

A significant reduction in the cash flow or bottom line of the business;

when the long term growth rates, interest rates or other financial factors such as prices or value of currencies, upon which a business valuation based decline, this impacts the valuation of an asset negatively.

   

B. Research and  Development (R&D)

R&D refers to all the studies, scientific investigations and experiments carried out to enable the discovery and creation of a new or innovative product or service that is more efficient and effective.  

       

The reason there is a risk associated with R&D is that there are usually many elements of uncertainty.  

The ideas being tested are usually novel and have not been tried before.  

Some of the risks associated with R&D are:

the possibility that the new product will fail in the market;

a new product or service that is does not work

the possibility of cost creep. That is a situation where the cost of the R&D outweighs the potential profit from the product or service.

Cheers!

6 0
2 years ago
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