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3 years ago

Which of the following describes the infant industry argument for protectionism?

Business

1 answer:

Alchen [17]3 years ago

4 0

Answer:

a. Domestic producers require time to gain experience and lower their unit costs; this will allow these producers to compete successfully in international markets.

Explanation:

According to the infant-industry theory, new industries in emerging and developing economies need protection for unfair competition from industries in advanced economies. The new industries need time to grow and develop economies of scale that can match those from more developed economies.

Economists describe infant industries as those in their early stages of development and, as such, cannot compete favorably with established rivals. Proponents of Infant-economies protection argue that infant industries need protection from international competitors capable of flooding domestic markets with cheaper goods. Protection assist infant industries to mature and develop economies of scale.

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Capital expenditure decisions are useful for estimating inventory acquisition costs. always involve the acquisition of long-live

liberstina [14]

Answer:

always involve the acquisition of long-lived assets

Explanation:

Capital expenditures can be regarded as the investments that is made by

companies in order to grow or maintain their business operations.

It can as well be regarded as capital expense and it's explained as money that is been spent by an organization or corporate entity in buying, maintaining as well as improving its fixed assets, these asset could be buildings, equipment, vehicles or land.

It should be noted that Capital expenditure decisions always involve the acquisition of long-lived assets

6 0

3 years ago

The accounting department of your company has just delivered a draft of the current year's financial statements to you. The summ

marishachu [46]

Answer and Explanation:

The computation is shown below:-

Incorrect

ROA = Net Income ÷ Average assets

= $101,900 ÷ (($550,000 + $573,000) ÷ 2)

= $101,900 ÷ $561,500

= 0.18

ROE = Net Income ÷ Average equity

= $101,900 ÷ (($340,000 + 356,000) ÷ 2)

= $101,900 ÷ $348,000

= 0.29

Debt Ratio = Total debt ÷ Average Assets

= $217,000 ÷ (($550,000 + $573,000) ÷ 2)

= $217,000 ÷ $561,500

= 0.39

EPS = Net Income ÷ Number of Common Shares

= $101,900 ÷ 22,000

= $4.63

Correct

ROA = Net Income ÷ Average assets

= ($101,900 - $8,500) ÷ (($550,000 + $573,000 - $8,500) ÷ 2)

= $93,400 ÷ $557,250

= 0.17

ROE = Net Income ÷ Average equity

= ($101,900 - $8,500) ÷ (($340,000 + 356,000 - $8,500) ÷ 2)

= $93,400 ÷ $343,750

= 0.27

Debt Ratio = Total debt ÷ Average Assets

= $217,000 ÷ (($550,000 + $573,000 - $8,500) ÷ 2)

= $217,000 ÷ $276,500

= 0.78

EPS = Net Income ÷ Number of Common Shares

= ($101,900 - $8,500) ÷ 22,000

= $4.25

5 0

3 years ago

Tom is charged with murder. Bob testifies that he saw Sally shoot Tom. This is

Rina8888 [55]

A witness testimony would be direct evidence. Hope you found that helpful :)

5 0

3 years ago

Becky's department has seen a number of layoffs in the last two months, and employee morale is very low. This is affecting the w

vovikov84 [41]

Answer:

I believe the answer is Influence.

Explanation:

7 0

4 years ago

Which of the following statements is true? (Select the best choice below.) A. Westlake Corporation generated a positive cash

inna [77]

Answer: C. Westlake Corporation generated a positive cash flow from operations , but an even a greater amount was used to invest in fixed assets , resulting in a need to raise funds through financing activities.

Explanation:

From the Cashflows of Westlake shown here, we see that the cashflow from operations is $592. This means that there was a positive cashflow from operations.

$1,066 was however used to invest in fixed assets which is higher than the cash generated from operating cashflow.

As a result, the company did not have enough cash to finance the fixed assets and so they raised money through financing activities by acquiring debt of $643.

3 0

3 years ago