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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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3 years ago

On July 1, Raney Corporation purchases 690 shares of its $4 par value common stock for the treasury at a cash price of $9 per sh

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Date Particular Dr. Cr.

Jul-1 Treasury stock $6,210

Cash $6,210

Sep-1 Cash $4,840

Treasury stock $3,960

Paid-in capital - Treasury stock $880

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Treasury stocks are the company's own shares which is repurchased by the company. It is recorded in treasury shares account which is an contra equity account. I can be reissued or cancelled by the company.

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3 years ago