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2 years ago

What are the three reasons that companies import?

Business

1 answer:

tankabanditka [31]2 years ago

4 0

Answer: To meet customer demand, to take advantage of low priced goods or to purchase raw materials.

Explanation:

Import refers to the quantities of goods that are bought from other countries. Many companies trade to meet domestic customer's demand or to take advantage of lower priced product or to purchase raw materials which are not available domestically in order to produce finished goods domestically.

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The acquisition costs of property, plant, and equipment do not include: a. The ordinary and necessary costs to bring the asset t

Anna35 [415]

Answer:

Maintenance costs during the first 30 days of use

Explanation:

As we know that

The asset are classified into three types i.e current asset, fixed assets, and the intangible asset

The fixed asset is also known as a long term asset which includes the plant & machinery, land & building, furniture & fixtures, etc

In addition, the purchasing price or acquisition cost of the land, plant and equipment covers the required costs used to get the asset in the desired condition and place of use, the net invoice price plus the legal fees, the shipping fees, the installation and any related sales tax, but the maintenance and repair expenses are not included in the purchase price for first 30 days of use

The last option is incorrect it should be 30 days instead of 180 days

6 0

2 years ago

Why Do THe chIcKen cross da RoaD????????

Aleonysh [2.5K]

To get to the other side

4 0

2 years ago

Read 2 more answers

If there is a lack of competition in a market, a market failure results because the quantity of goods sold is ___ than the optim

scoundrel [369]

Goods sold is lower because less competition and then they price it higher because consumers don't have options.

8 0

3 years ago

Caroline's manager notices that she exhibits an internal locus of control when she speaks about her work. her manager should ___

Ymorist [56]

Her manager should provide incentives such as merit pay or sales <span>commissions.
Internal locus of control means that Caroline believes that her actions directly affect the consequences of those actions, which is why providing her with such incentives would have a great impact on Caroline and her work, and she would be even more productive.
</span>

4 0

2 years ago

FIRST SCENARIO: The economy has taken a turn for the worse. The president believes the government should get the economy moving

Deffense [45]

The proposed response of Adam Smith based on each scenario is given below:

<h3>Scenario 1</h3>

He would say that the pricing system should remain the main determinant of the market and the interference of the government was uncalled for.

<h3>Scenario 2</h3>

He would side with the free market system and be an opponent of the law that frowns on importation.

<h3>Scenario 3</h3>

He would support the suspension of the antitrust laws.

<h3>Scenario 4</h3>

He would believe that markets should not be regulated and the free market system should continue.

<h3>Who is Adam Smith?</h3>

He is the father of modern economics for his work in pioneering ideas such as free trade and the gross domestic product

Hence, we can see that the proposed response of Adam Smith based on each scenario is given above.