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Svetradugi [14.3K]
3 years ago
5

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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Which phrase best describes a country's monetary base?
vampirchik [111]

Answer: all money in circulation throughout the economy

Explanation: apex

3 0
3 years ago
What is the capacity of the machine in batches unfinished batch?
Oxana [17]

Complete Question:

You are considering the purchase of a new machine to help produce a new product line being introduced.  The machine is expected to have a setup time of 10 minutes per batch and a processing time of 2 minutes per part.  You plan to have batch sizes of 50 parts.  The plant operates 8 hours per day.

What is the capacity of the machine in batches per day?

Answer:

The capacity of the machine in batches = 4 batches per day.

Explanation:

a) Data and Calculations:

Set up time per batch = 10 minutes

Processing time per part = 2 minutes

Batch sizes = 50 parts

Plant operation = 8 hours per day

b) Capacity in batches per day:

Total batch time = 10 + 50 * 2 = 110 minutes

Total minutes of operation  per day = 8 * 60 = 480 minutes

Capacity in batches = 480/110 = 4.36 or approximately 4 batches

c) Each batch produces 50 parts with each part taking some 2 minutes and an additional batch setup time of 10 minutes, giving a total of 110 minutes per batch.  Since there are some 480 (8 * 60) minutes available per day, it means that the entity can only run about 4 batches (480/110) per day.  These 4 batches will consume a total of 440 minutes (110 x 4), leaving some 40 minutes as unutilized time.

4 0
4 years ago
A dealer bought some tires for 6500. the tires were sold for 9500. making 50 on each tire. how many tires were involved?
VMariaS [17]
Cost price = 6,500
Selling price + profit = 9500
Profit gained = 9,500 - 6,500 = $3000
Number of tires bought = 3000/50 = 60
The dealer bought 60 tires.

6 0
4 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.

8 0
3 years ago
As of December 31, Plush has not recorded any insurance expense for the year. The only insurance policy it owns is the one purch
konstantin123 [22]

Answer:

Debit Insurance expense    $10,000

Credit Prepaid Insurance    $10,000

Being entries to recognize insurance expense for the period (August to December).

Explanation:

Given;

Insurance policy was purchased on July 10 to run for 3 years.

Cost of policy = $72,000

Start date is August 1st. As at 31 December, the policy should have been amortized for 5 months (August to December)

Monthly depreciation = $72,000/(3 × 12)

                                    = $2,000

Total amortization between August and December = 5 × $2,000

                                                                                      = $10,000

Journal entries

Debit Insurance expense    $10,000

Credit Prepaid Insurance    $10,000

Being entries to recognize insurance expense for the period (August to December).

7 0
3 years ago
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