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3 years ago

What is dumping?

Business

2 answers:

kotykmax [81]3 years ago

6 0

Answer: The answer is Dumping is exporting goods at prices that are lower than their value.

Explanation:

Dumping is when a nation’s businesses lowers the sales price of a product when it enters a foreign market to a level that is less than the price paid by local customers in the exporting country. Dumping is intentional because its motive is to destroy competitors. The price is raised when competitors are destroyed.

pychu [463]3 years ago

4 0

Dumping is exporting goods at prices that are lower than their value.

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Which of the following is the riskiest choice for your money? A. Savings account B. Government bonds C.CDs D REI

Vikki [24]

D., REI. hope that helped

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3 years ago

Read 2 more answers

At the current steady state capital-labor ratio, assume that the steady state level of per capita consumption, (C/N)*, is greate

Blizzard [7]

Answer:

C) a reduction in the saving rate will have an ambiguous effect on (C/N)*

Explanation:

The steady state consumption refers to the difference between how capital wears out or depreciates vs total output. In order to keep a steady state consumption, the savings rate (which equals investment) must be enough to replace any worn out or completely depreciated capital.

Since the consumption rate is already higher than the steady state consumption, the effect of a decrease in the savings rate is ambiguous. Every dollar earned by a household is either spent or saved, and in order for savings to decrease, spending must increase.

But in this case, the spending level is already too high. A decrease in savings should increase consumption but the effects of the increase in the capital labor ratio and the per capita consumption are not certain.

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2 years ago

Journalize the following merchandise transactions. The company uses the perpetual inventory system.

aliya0001 [1]

Answer:

Accounts Receivable $17,300 (debit)

Cost of Goods Sold $12,600 (debit)

Sales Revenue $17,300 (credit)

Inventory $12,600 (credit)

Cash $15,916 (debit)

Accounts Receivable $15,916 (credit)

Explanation:

The Perpetual Inventory system records the cost of inventory after every sale.

a. Sale of Sold merchandise on account

Recognize the Revenue and Cost of Sale as follows :

Accounts Receivable $17,300 (debit)

Sales Revenue $17,300 (credit)

Cost of Sales $12,600 (debit)

Merchandise $12,600 (credit)

b.Received payment within the discount period

Recognize the Cash receipts to the extend of amount paid less cash discount of 2%

Cash $15,916 (debit)

Accounts Receivable $15,916 (credit)

Cash Receipt = $17,300 × 92% = $15,916

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3 years ago

Variable Costing—Sales Exceed Production The beginning inventory is 14,500 units. All of the units that were manufactured during

blagie [28]

Answer:

a. Variable costing income from operations <u>is greater than </u>absorption costing income from operations.

b. $870,000

Explanation:

a. Under Variable costing, only the variable manufacturing costs are apportioned to the units produced.

Cost under Variable costing are;

= 114 * 14,500

= $‭1,653,000‬

Under Absorption Costing, both fixed and variable costs are apportioned to the units produced.

Cost therefore is;

= (114 + 60) * 14,500

= $‭2,523,000‬

Variable costing income from operations is greater than absorption costing income from operations because Absorption costs yields more cost.

b.= Absorption cost - Variable cost

= ‭‭2,523,000‬ - 1,653,000‬

= $870,000

<em>Variable costing income from operation will be $870,000 higher than Absorption costing income from operations.</em>

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3 years ago

When paying your bills, it is most financially beneficial to make larger payments to:___________.

gulaghasi [49]

Answer:

to those outstanding payments which have highest interest rates.

Explanation:

If we pay and settle more outstanding bills now which have high interest rates it will save us from interest which will be charged in future for delayed payment as it will by multiplied by number of days or months for which it has been delayed.

So if we are not paying high interest outstanding bills it will cost us more in future by high interest amount added to the bill amount.

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3 years ago