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iris [78.8K]
3 years ago
10

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 following is the Easton Company adjusted Trial Balance. Easton Company Adjusted Trial Balance December 31, 2018 Account Titl
postnew [5]

Answer:

Service Revenue           881,105

Wages Expense           (529,000)

Supplies Expense          (42,000)

Rent Expense                 (59,500)

Utilities Expense               (8,000)

Depreciation Expense  (150,000)

Interest Income            <u>     (5,500)   </u>

Net Income                        87,105

Explanation:

We list the revenue account and then, substract the expenses leaving the net income. As this is a single-step income statemnt we do not solve for operating and non-operating income.

7 0
4 years ago
Two technicians are discussing oil pumps. Technician A says that many oil pumps are driven directly off the front of the cranksh
Alexandra [31]

Answer:

c. both techs

Explanation:

Based on the scenario being described within the question it can be said that in this situation both technician A and technician B are correct. The way that the oil pumps are driven off the platform can depend on the specifics of the platform as well as the current situation. Therefore depending on the situation it can be either or, thus making both technicians correct.

6 0
3 years ago
A ______________ is an organized way of continually gathering and analyzing data to get information to help marketing managers m
Nata [24]
The answer is "marketing information system"
5 0
4 years ago
Ford Motor Company is discussing new ways to recapitalize the firm and raise additional capital. Its current capital structure h
sergey [27]

Complete Question:

Ford Motor Company is discussing new ways to recapitalize the firm and raise additional capital. Its current capital structure has a 10% weight in equity, 25% in preferred stock, and 65% in debt. The cost of equity capital is 17%, the cost of preferred stock is 11%, and the pretax cost of debt is 9%. What is the weighted average cost of capital for Ford if its marginal tax rate is 40%?

Answer:

7.96%

Explanation:

We can calculate WACC using the formula:

WACC = Cost of equity * Equity %age / 100%         +          

After Tax Cost of Debt * Debt %age / 100%            +        

Cost of Preferred Stock * Preferred Stock %age / 100%

Here,

Cost of equity is 17%

Cost of preferred stock is 11%

Post tax cost of debt = Pre-Tax cost *  (1 - Tax rate)

This implies,

Post tax cost of debt = 9% * (1 - 40%) =  5.4%

Equity weight is 10% weight in equity

Preferred stock weight is 25%

Debt Weight is 65%

By putting value in the formula given in the attachment, we have:

WACC = 17% * (10% / 100%)      +     11% * (25% / 100%)    +    5.4% * (65% / 100%)

WACC = 1.7%   +   2.75%   +    3.51%

WACC = 7.96%

7 0
4 years ago
A country operates under a flexible exchange rate system. When the central bank lowers the interest rate during a recession, inv
MatroZZZ [7]

Answer:

decrease; increase

Explanation:

This is the case because as the central bank of that country lowers interest rate, with the goal recovering from the recession, but because the interest rate is low, the value of the country's currency (exchange rate) will decrease as a result of low investment spending.

When this occurs there will be an increase in net exports as a result of foreign demand because the prices of the country's export is now lower.

7 0
4 years ago
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