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3 years ago

A tariff:_________.

Business

1 answer:

Sergio [31]3 years ago

8 0

Answer:

<h2>C. Makes domestic consumer worse off. </h2>

Explanation:

A tariff is levied on the exports and imports between two countries. It is meant to regulate the foreign trade and encourage the domestic industries and safeguard them from the competition of foreign goods. Tariffs are source of income for states. Tariffs and import export quotas are most used instruments of protectionism. Tariffs are fixed or variable.

It can put the domestic consumer in an advantageous position as due to tariffs they would not be able to get less costly products.

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The "Fashion Place" carries a carefully selected and distinctive assortment of traditional women's

In-s [12.5K]

Answer:

specialty-store.

Explanation:

Based on the information provided within the question it seems that "The Fashion Place" is probably a specialty-store. These are stores that focus on selling a very specific category of product. Which is exactly what this store is doing by selling only clothes aimed for upper-class executive women's clothing (specialty).

5 0

3 years ago

At the end of the current year, Accounts Receivable has a balance of $550,000; Allowance for Doubtful Accounts has a credit bala

levacccp [35]

Answer:

d. $19,500 and $25,000

Explanation:

Provided balance of Accounts Receivables at year end = $550,000

Allowance for Doubtful Debts Account = $5,500

Sales for the year = $2,500,000

Now, provided un-collectible accounts receivables = $25,000

Thus year end balance of allowance for doubtful debts shall be $25,000

Therefore, entry shall be of amount = $25,000 - $5,500 = $19,500

after that balance at year end of allowance for doubtful debts = $5,500 + $19,500 = $25,000

5 0

3 years ago

The accountant at Metlock, Inc. is figuring out the difference in income taxes the company will pay depending on the choice of e

Lisa [10]

Answer:

$339

Explanation:

Computation of the given data are as follows:

Income before tax in FIFO = $15,730

Tax rate = 30%

So, the Tax amount for FIFO = $15,730 × 30%

= $4,719

And, Income before tax in LIFO = $14,600

Tax rate = 30%

So, the Tax amount for LIFO = $14,600 × 30%

= $4,380

So, the difference in tax amount = Tax amount for FIFO - Tax amount for LIFO

= $4,719 - $4,380

= $339

6 0

3 years ago

Veltri Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.77 direct labor

olasank [31]

Answer:

Total direct labor cost= $122,752

Explanation:

Giving the following information:

Each unit of output requires 0.77 direct labor-hours.

The direct labor rate is $11.20 per direct labor-hour.

Production budget:

October= 7,100 units

November= 6,900 units

Minimum hours= 5,480 hours

First, we need to determine the number of hours required for each month.

October= 7,100*0.77= 5,467 hours

November= 6,900*0.77= 5,313 hours

Direct labor budget:

October= 5,480*11.2= 61,376

November= 61,736

Total cost= $122,752

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3 years ago

Jeremy owns his own business and has excellent management skills. he is very detail-oriented, organized, knows how to follow a s

JulsSmile [24]

Jeremy may want to sit down with his marketing team or hirer a team devoted to promotions and advertisement. You can only be successful if people know you exist and when they don't, making sales is almost obsolete. To keep your business running, making sure the marketing team is doing their job to keep consumers coming back and your product/service relevant is a must.

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3 years ago

Read 2 more answers