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4 years ago

Why are revenue tariffs levied?

2 answers:

5 0

Revenue tariff is a duty imposed on imported goods and services in order for a nation to generate public funds. The major reason why this tax is levied is to restrict international trade and improve the consumption level of domestic goods and services. Revenue tariff makes imported goods more expensive compare to domestic goods.

belka [17]4 years ago

3 0

A revenue tariff is a tax applied to increase the revenue(money brought in) of an economy. Usually occurs in business. For example, oil that is imported or exported from the US is a revenue tariff.

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On October 30, Cleo Co. purchased a machine for $26,000 and estimates it will use the machine for four-years with a $2,000 salva

Umnica [9.8K]

Answer:

Partial depreciation expense, from October 30 to December 31=$1,000

Explanation:

The depreciation base can be expressed;

depreciation base=purchase cost-salvage value

where;

purchase cost=$26,000

salvage value=$2,000

replacing;

depreciation base=26,000-2,000=$24,000

depreciation base=$24,000

annual depreciation expense=depreciation base/useful life

where;

depreciation base=$24,000

useful life=4 years

replacing;

annual depreciation expense=24,000/4=$6,000

Partial depreciation expense, from October 30 to December 31=2 months

Partial depreciation expense=(2/12)×6,000=$1,000

6 0

3 years ago

The set of activities that relate to the creation of goods and services through the transformation of inputs to outputs is refer

lara31 [8.8K]

Answer:

Operations management

Explanation:

Operations management is the term which is defined as the administration of the practices of the business in order to create the highest level of the efficiency which is possible within the business.

It is related to the converting of the raw materials and labor into the services and the goods for the business.

Therefore, the operations management is the one which dealt with the set of the activities which relate to the creation of the goods and the services by the transformation of the inputs to output.

5 0

3 years ago

A cable service company is implementing an rfid-based solution as part of the ioe implementation. the network administrator has

Black_prince [1.1K]

<span>IOE stands for Internet of Everything. It is a network in which every device is connected and has own IP address.
In order to diagram the new logical topology of the equipment storage facility and of the parking facility for the service trucks the network administrator should include in the new topology </span><span>the IP addresses of the controllers and aggregators for the RFID system.
</span>

6 0

3 years ago

Bon Nebo Co. sold 25,000 annual subscriptions of Bjorn 20XX for $85 during December 2014. These new subscribers will receive mon

Crank

Answer:

Current Liabilities

Federal Income Taxes Payable $336,000

Advances on Magazine Subscriptions $1,593,750

Total Current Liabilities $1,929,750

Explanation:

Federal Income Taxes Payable

This is a current Liability as it falls under a period of a year. As March ends the first quarter, the quarterly tax is;

= 840,000 x 40%

= $336,000

Advances on Magazine Subscriptions

They are to deliver monthly subscriptions for 12 months to the tune of 25,000 copies which they have already been paid for. Under the Accrual system they cannot recognize this as revenue until they have fulfilled their obligation to deliver the magazines and until then, they are current Liabilities. As of end of March, they have fulfilled their obligations for 3 months leaving 9 in the year.

= 25,000 x $85 x 9/12

=$1,593,750

8 0

4 years ago

18. What was a major factor in the failure of (mostly) command economies?

dolphi86 [110]

Military spending is not the right answer. I got it wrong.

3 0

4 years ago

Read 2 more answers