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Virty [35]
3 years ago
13

If the united states placed an embargo on swedish products, what would happen in the u.s. market for swedish furniture

Business
1 answer:
olga nikolaevna [1]3 years ago
8 0
An embargo<span> (from the </span>Spanish embargo, meaning hindrance, obstruction, etc. in a general sense, a trading ban in trade terminology and literally "distraint" in juridic parlance) is the partial or complete prohibition of commerce and trade with a particular country or a group of countries.<span> Embargoes are considered strong diplomatic measures imposed in an effort, by the imposing country, to elicit a given national-interest result from the country on which it is imposed. Embargoes are similar to </span>economic sanctions<span> and are generally considered legal barriers to trade, not to be confused with </span>blockades<span>, which are often considered to be acts of </span>war<span>.

</span><span>in the u.s. market for swedish furniture, </span>The supply curve would shift to the left.
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The corporate cultural responsibility of a company are the standards members of the society have come to expect from the company based on the previous ways their members of staff have been seen to operate. Corporate Cultural responsibility can be seen in staff dress-code and work style.

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A total-cost curve shows the relationship between the
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On April ​3, a customer returned $ 900 of merchandise that had been purchased with cash to Cooke Supplies. Cooke​'s cost of the
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Answer:

The Journal entries are as follows:

(i) Sales revenue A/c  Dr. $900

          To Cash  $900

(To record the correction in sales revenue)

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           To Cost of Goods sold  $200

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Note:

(1) At the time of sale, the cash would have been debited with the amount of $900 and the sales revenue would have been credited with the amount of $900. Now, the cash of $900 should be credited as it was debited earlier.

(2) The inventory account also credited at the time sale, so it should be debited and the cost of goods sold debited at the time of original sale, so it need to be credited.

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3 years ago
Lapping is best described as the process of________.
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Answer:

b. applying cash receipts to a different customer's account in an attempt to conceal previous thefts of cash receipts is the correct answer.

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  • Lapping is an illegal mode of allotting one consumer's cash to another consumer's account.
  • Lapping usually occurs in smaller businesses where a single person manages payment receipts and consumer billing.
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3 years ago
Peter Billington Stereo, Inc. Supplies car radios to auto manufacturers and is going to open a new plant. The company is undecid
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Answer:

Peter Billington Stereo, Inc.

A.  Based on the analysis of the volume after rounding the numbers to the nearest number, Dallas is best below and Detroit is best above 70,000 radios.

B.  With Dallas's fixed costs increased by 10%, Dallas is best below and Detroit is best above 56,000 radios.

Explanation:

Identify total costs at various volumes as follows:

Total costs, TC = Variable Cost, VC + Fixed Cost, FC

At 14,000 units:

a) Dallas' TC = VC = $28 x 14,000 + $560,000 = $952,000

b) Dallas' TC with 10% increase in FC = $28 x 14,000 + $616,000 = $1,008,000

c) Detroit's TC = $24 x 14,000 + $840,000 = $1,176,000

At 56,000 units:

a) Dallas' TC = $28 x 56,000 + $560,000 = $2,128,000

b) Dallas' TC with 10% increase in FC = $28 x 56,000 + $616,000 = $2,184,000

c) Detroit's TC = $24 x 56,000 + $840,000 = $2,184,000

At 67,200 units:

a) Dallas' TC = $28 x 67,200 + $560,000 = $2,441,600

b) Dallas' TC with 10% increase in FC = $28 x 67,200 + $616,000 = $2,497,600

c) Detroit's TC = $24 x 67,200 + $840,000 = $2,452,800

At 70,000 units:

a) Dallas' TC = $28 x 70,000 + $560,000 = $2,520,000

b) Dallas' TC with 10% increase in FC = $28 x 70,000 + $616,000 = $2,576,000

c) Detroit's TC = $24 x 70,000 + $840,000 = $2,520,000

At 153,993 units:

a)Dallas' TC = $28 x 153,993 + $560,000 = $4,871,804

b) Dallas' TC with 10% increase in FC = $28 x 153,933 + $616,000 = $4,927,804

c) Detroit's TC = $24 x 53,993 + $840,000 = $4,535,832

5 0
3 years ago
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