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stira [4]
3 years ago
10

Which of the following is an example of an import quota​? The United States​ _____ . A. puts a 10 percent tax on auto part impor

ts from China B. limits the quantity of textiles that U.S. producers may sell to Mexico C. limits the quantity of sugar that farmers are permitted to produce D. limits the quantity of auto parts the U.S. car makers may buy from China
Business
1 answer:
solong [7]3 years ago
6 0

Answer:

The correct answer is letter "D": limits the quantity of auto parts the U.S. car makers may buy from China.

Explanation:

Quotas reflect the limits on the number of goods that can be imported into or exported from a nation over a certain period. Countries make use of quotas to protect domestic industries. By imposing a cap on imported foreign goods it limits the supply of those goods and keeps prices up so that domestic businesses can still sell their goods at a higher price.

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On January 1, 2021, Canseco Plumbing Fixtures purchased equipment for $40,000. Residual value at the end of an estimated 7 year
Degger [83]

Answer:

Part a

2021  = $7,000

2022  = $6,000

Part b

2021  = $5,250

Explanation:

Sum of the year`s digit method provide for higher depreciation in early life of the asset with lower depreciation in later years.

Step 1

<em>Some of digits calculation :</em>

Year      Digits

2021        7

2022       6

2023       5

2024       4

2025       3

2026       2

2027        1

Total      28

Step 2

<em>Determine the depreciable amount</em>

Depreciable amount = Cost - Residual value

                                   = $40,000 - $12,000

                                   = $28,000

Step 3

<em>Depreciation expense calculations</em>

2021 = 7 / 28 x $28,000 = $7,000

2022 = 6/ 28 x $28,000 = $6,000

assuming the equipment was purchased on March 31, 2021

2021 = $7,000 x 9/12 = $5,250

3 0
3 years ago
How do i find ending merchandise and cost of goods sold (accounting)
Sergio [31]
Ending merchandise = beginning Merchandise + net purchases- cost of goods sold
Cost of goods sold= beginning merchandise + purchases during the period- ending merchandise
3 0
3 years ago
Microevolution can occur when some individuals in a population survive and reproduce more often in a new environment. what is th
bija089 [108]
<span>This is an example of adapting to a new environment. It is an improved function that is produced by natural selection. They reproduce more often in a new environment because they have the necessary food or climate or both to be able to sustain population growth.</span>
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3 years ago
If you need help with one of the math applications, where would you look?
ruslelena [56]
Math appendix! Hope I helped!!
5 0
3 years ago
During the year, Sophie (a self-employed marketing consultant) went from Omaha to Lima (Peru) on business. She spent four days o
baherus [9]

Answer:

e. None of these.

Explanation:

The deductible expenses are expenses that are wholly, necessarily and exclusively for business purpose. This excludes the entertainment cost which is the only avoidable cost in the classes of cost given.

Hence, Sophie's deductible expenses are

= $3,000 + $800 + $600

= $4,400

4 0
3 years ago
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