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telo118 [61]
3 years ago
11

what term refers to selling goods in a foreign market at a price that is far below the cost of production? A. profiteering B. sc

reening C. offloading D. dumping​
Business
1 answer:
Serhud [2]3 years ago
6 0

Dumping is the ILLEGAL selling goods in a foreign market at a price that is far below the cost of production

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Select the correct answer.
ra1l [238]

Answer:

ans is c three

level pyramid

5 0
3 years ago
A. On April 1, the company hired an attorney for a flat monthly fee of $2,500. Payment for April legal services was made by the
Crazy boy [7]

Answer:

A. Apr 30

Dr Legal fees expense 2,500

Cr Legal fees payable 2,500

May 12

Dr Legal fees payable 2,500

Cr Cash 2,500

B. Apr 30

Dr Interest expense 2,175

Cr Interest payable 2,175

May 20

Dr Interest expense 4,350

Dr Interest payable 2,175

Cr Cash 6,525

C. Apr 30

Dr Salaries expense 5,600

Cr Salaries payable 5,600

May 03

Dr Salaries expense 8,400

Dr Salaries payable 5,600

Cr Cash 14,000

Explanation

Preparation of the adjusting entry for both April 30 and the subsequent entry during May to record the payment of the accrued expenses.

A. Apr 30

Dr Legal fees expense 2,500

Cr Legal fees payable 2,500

May 12

Dr Legal fees payable 2,500

Cr Cash 2,500

B. Apr 30

Dr Interest expense 2,175

Cr Interest payable 2,175

May 20

Dr Interest expense 4,350

(6,525-2,175)

Dr Interest payable 2,175

Cr Cash 6,525

C. Apr 30

Dr Salaries expense 5,600

(14,000*2/5)

Cr Salaries payable 5,600

May 03

Dr Salaries expense 8,400

(14,000*3/5)

Dr Salaries payable 5,600

(14,000*2/5)

Cr Cash 14,000

4 0
3 years ago
Petra is paying her ten employees for 40 hours a week, 52 weeks each year. in 2007, petra spent on wages for her employees each
photoshop1234 [79]

In 2007, Petra spent <u>$2,340</u> on wages for her employees each week, and Petra increased her annual wage budget from 2008 by <u>$14,56</u>0.

<h3>Calculation of wages</h3>

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

Petra owns a coffee shop. She has ten employees. In 2007, she paid her employees minimum wage ($5.85 an hour). In 2008, the minimum wage increased to $6.55 an hour. In 2009, the minimum wage increased to $7.25 an hour. Petra is paying her ten employees for 40 hours a week 52 weeks each year. In 2007 Petra spent___ on wages for her employees each week. When the minimum wage rose in 2009, Petra had to increase her annual budget for wage from 2008 by___

We can now proceed as follows:

Weekly wage spent Petra in 2007 = 2007 minimum wage per hour * Number of employees * Number of hours per week = $5.85 * 10 * 40 = $2,340

Amount of increase in minimum wage per hour between 2008 and 2009 = $7.25 - 6.55 = $0.7/hour

Petra’s increase in annual budget for wages in 2009 = Amount of increase in minimum wage per hour between 2008 and 2009 * Number of employees * Number of hours per week * Number of weeks = $0.7 * 10 * 40 * 52 = $14,560

Learn more about wages here: brainly.com/question/15381069.

#SPJ4

6 0
2 years ago
In a free-market economic system, if consumers perceive the price for a state-of-the-art smartphone as too high for the value re
BaLLatris [955]

Answer:

c)consumer’s desired price is too low, producers may limit the amount produced 

Explanation:

In a free market economy, price and quantity produced is determined by the forces of demand and supply. If there's a disequilibrium in the market, market forces bring about equilibrium.

In this question, there's a disequilibrium; there seems to be excess supply. To restore equilibrium, supply has to fall so equilibrium can be restored.

I hope my answer helps you.

5 0
4 years ago
What type of degree is earned after a masters degree
Makovka662 [10]
After a masters degree an individual can earn a doctorates degree
8 0
3 years ago
Read 2 more answers
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