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3 years ago

________ tariffs are designed to raise money for the government. a. Price b. Profit c. Revenue d. Regulatory

Business

1 answer:

Black_prince [1.1K]3 years ago

4 0

Answer:

The correct answer is letter "C": Revenue.

Explanation:

Revenue tariffs are those imposed when a government has the intention of earning a profit from business revenues. This is done with the intention of financing the government's operations to fulfill its objectives but usually has a negative effect on the market price levels.

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Riverwood Properties bought three lots in a subdivision for a? lump-sum price. An independent appraiser valued the lots as?

Law Incorporation [45]

Answer:

Explanation:

The cost allocation of each lot is presented below:

(A) (B) (A × B)

Lot Appraised Value Percentage Purchase value Allocated cost

Lot 1 $76,500 15% $355,000 $53,250

Lot 2 $229,500 45% $355,000 $159,750

Lot 3 $204,000 40% $355,000 $142,000

Total $510,000 100% $355,000

Now the journal entry would be

Land - Lot 1 $53,250

Land - Lot 2 $159,750

Land - Lot 3 $142,000

To Cash A/c $355,000

(Being the lots are purchased for cash)

8 0

3 years ago

Ken, a transaction broker, worked with both the buyer and seller in the sale of a home. The sale went well and it closed on time

vovangra [49]

Ken, the agent, violated the law of agency
In this particular instance, when Ken told the the buyer that the seller would take a lower price than what was on the listing in order to close the sale faster and then told the buyer exactly which price they should offer, Ken, who is the agent, has now violated the law of agency

6 0

3 years ago

On January 1, 2012, Albert invested $6,000 at 8 percent interest per year for three years. The CPI (times 100) on January 1, 201

qaws [65]

Answer:

Inflation in 2012:

$=\frac{CPI\ 2013 - CPI\ 2012}{CPI\ 2012}$

$=\frac{110 - 100}{100}$

= 10%

Inflation in 2013:

$=\frac{CPI\ 2014 - CPI\ 2013}{CPI\ 2013}$

$=\frac{120 - 110}{110}$

= 9.09%

Inflation in 2014:

$=\frac{CPI\ 2015 - CPI\ 2014}{CPI\ 2014}$

$=\frac{126 - 120}{120}$

= 5%

Real rate of interest = Nominal - inflation

Given that,

Nominal rate = 8%

Therefore,

Real interest rate is as follows:

2012:

= 8% - 10%

= -2%

2013:

= 8% - 9.09%

= -1.09%

2014:

= 8% - 5%

= 3%

$6000 at 8% grows to:

= 1000 × 1.08

= $6,480 in one year

which is invested again to grow to $6,998.4 in two years

which is invested again to grow to $7,558.272 in three years

so,

Total gain:

$=\frac{7,558.272-6,000}{6000}\times100$

= 25.9712%

The price level increases in three years by:

$=\frac{CPI\ 2015 - CPI\ 2012}{CPI\ 2012}\times 100$

$=\frac{126 - 100}{100}\times 100$

= 26%

So,

Total real rate of return:

= Total gain - Percentage increase in prices

= 25.9712 - 26

= -0.0288%

5 0

3 years ago

When inspecting a fire extinguisher:

NikAS [45]

B because it the right answer there

7 0

3 years ago

Assume that a college student spends her income on Coke and Snickers. During finals week, the price of a Snickers candy bar is $

Ratling [72]

Answer:

The answer is: 10 Snickers bars and 20 cans of Coke.

Explanation:

To find out what combination she can buy with her total income ($32.50) we can just multiply the price of each product by its quantity;

If she buys 24 snickers bars and 12 cans of coke she will spend:

(24 x $0.75) + (12 x $1.25) = $33 SHE CAN´T AFFORD TO BUY

If she buys 24 snickers bars and 12 cans of coke she will spend:

(22 x $0.75) + (14 x $1.25) = $34 SHE CAN´T AFFORD TO BUY

If she buys 24 snickers bars and 12 cans of coke she will spend:

(15 x $0.75) + (18 x $1.25) = $33.75 SHE CAN´T AFFORD TO BUY

If she buys 24 snickers bars and 12 cans of coke she will spend:

(10 x $0.75) + (20 x $1.25) = $32.50 <u> </u><u>SHE CAN AFFORD TO BUY</u>

8 0

3 years ago