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.
Answer:
The correct answer is A.
Explanation:
Giving the following information:
The retail value of the inventory is $478,000. The ratio of cost to retail price is 60%. What is the amount of inventory to be reported on the financial statements?
Inventory= 478,000*0.60= $286,800
Answer:
Income statement.
Explanation:
The financial statement that summarizes the profit-generating activities of a company during a particular period of time is the Income statement.
Income statement is one of the most important financial statement used to analyze the financial performance of the company. It show the revenue and expense of the company in the particular period of time. It help the management to understand the profitablity of the company during specified period of time. The other two important financial statement are Balance sheet and statement of cash flow.
Answer:
B. Executives
Explanation:
Option E is wrong. Students do not need high-end briefcases for school or other tasks.
Option D is incorrect. Postal workers do not need any expensive briefcases to carry postal service and letters.
Option C is false. Construction workers cannot afford expensive briefcases.
Option A is not correct. Police officers have not necessary to have those briefcases.
Option B is correct. Executives often need high-end briefcases to keep essential things with them. They can also afford expensive bags.
Answer:
The greatest number of mangoes which are to be taken out at a time from each basket so that both of them emptied simultaneously is the number of mangoes in each basket which is 120 mangoes for one basket and 168 mangoes for the other basket
Explanation:
Given that the number of mangoes in one basket = 120 mangoes
Also, the number of mangoes in another basket = 168 mangoes
The greatest number of mangoes, X and Y that are to taken out from each basket so that both of them will empty simultaneously is found as follows;
We note that the ratio of the number of mangoes in both baskets are;
120:168 = 5:7
Therefore, we have;
5 × Y = 120
Y = 20/5 = 24
Similarly, we have;
7 × X = 168
X = 168/7 = 24
We can take 5 mangoes from one basket and 7 mangoes from the other basket 24 times, for both mangoes to empty the same time
We can also take 5×12 = 60 mangoes twice from one basket and 7 × 12 = 84 mangoes twice from the other basket to empty the baskets
We can also take 120 mangoes one from one basket and 168 mangoes one from the other basket to empty the baskets.
Therefore, the greatest number of mangoes which are to be taken out at a time from each basket so that both of them emptied simultaneously is the number of mangoes in each basket which is 120 mangoes for one basket and 168 mangoes for the other basket.
