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3 years ago

Even though bananas are not grown in the United States, a tariff is applied to

Business

1 answer:

abruzzese [7]3 years ago

7 0

Answer:

C. To obtain revenue for the U.S. government

Explanation:

A tax applied to imports is a source of revenue for the importing government. When purchases are from outside the country, the importers pay the government some money as import tariffs. This amount of money is revenue to the government.

Import tariffs usually protect local production from unfair competition by cheap imports. In this case, the US does not grow bananas. The tax on bananas must be a source of revenue.

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If competition places discipline on costs, motivating firms to innovate and find more cost-effective ways to produce, which of t

Cloud [144]

Answer:

The answers are economies of scale, natural monopolies, and lowered average fixed cost.

Explanation:

The explanations for some firms beahvior in determined markets are economies of scale, natural monopolies, and lowered average fixed cost.

3 0

3 years ago

________ is the two-way flow of communication between buyer and a seller that is designed to influence the buyer's purchase deci

vodomira [7]

Answer:

The answer is personal selling

Explanation:

_Personal Selling_______ is the two-way flow of communication between buyer and a seller that is designed to influence the buyer's purchase decision.

7 0

3 years ago

Two financial measures that are especially useful in evaluating efficiency in collecting receivables are the a. accounts receiva

Gala2k [10]

Answer:

a. accounts receivable turnover and the days' sales in receivables.

Explanation:

While evaluating efficiency in collecting the accounts receivables, we use two important ratios, Accounts receivables turnover ratio is used to calculate the efficiency of the company for allowing credit period on sales.

Days sales in receivables calculate the average sales day's for each credit sales.

These ratios together help to calculate, the number of days in accounts receivables and net credit sales efficiency in terms of credit period and collection from receivables.

Therefore, correct option is

a. accounts receivable turnover and the days' sales in receivables.

5 0

3 years ago

In recording an accrual adjusting entry to account for revenues earned but not yet collected, ______.

satela [25.4K]

Answer:

An asset is increased.

Explanation:

In recording an accrual adjustment to account for revenues earned but not yet collected: -An asset is increased since cash will be collected at a later date.

7 0

2 years ago

The Warren W. Fisher Computer Corporation purchases 8,000 transistors each year as components in computers. The unit cost of eac

Lorico [155]

Answer:

a) 400 units;

b) 20 orders;

c) 10 days.

Explanation:

Please find the below for detailed calculations and explanation:

Denote D = Annual Demand = 8,000 units;

K = Orderding cost = $30;

h = Holding cost = $3.

a) We calculate the economic order quantity (EOQ) which is also the optimal order quantity, with the formula as below:

EOQ = Square ( 2*D*K/h) = Square(2*8,000*30/3) = 400 units.

b) Expected number of orders placed each year = Annual Demand / EOQ = 8,000/400 = 20 orders.

c) Expected time between orders = Number of working day per year / Number of orders placed each year = 200/20 = 10 days.

8 0

4 years ago