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sveta [45]
3 years ago
5

Widget Corp., a manufacturing firm in Lithuania, exports its manufactured tools to Wales. To protect its domestic firms, the Gov

ernment of Wales imposes a 20 percent tax on the tools imported from Widget Corp. Therefore, Widget Corp. is subject to:A. ​formal institutional frameworks erected by the host-country government.B. ​formal institutional frameworks erected by the home-country government. ​C. informal rules of the game erected by the host-country government. ​D. informal rules of the game erected by the home-country government.
Business
1 answer:
Degger [83]3 years ago
7 0

Answer:

A) formal institutional frameworks erected by the host-country government.

Explanation:

In this case, Wales is considered the host country since Widget Corp.'s home country is Lithuania. Taxes imposed by governments are institutional frameworks, they are not informal rules of the game.

The taxes imposed by Wales are called import tariffs and they are used to increase the price of imported goods and services.

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A man uses a loan program for small businesses to obtain a loan to help expand his vending machine business. The man borrows ​$2
seraphim [82]

Answer:

The ammount due at the end of the loan adds for $27,456

Explanation:

If the payment is in full at maturity, the man must pay the principal of 26,000 plus the interest during the period of 4 years.

It is important to notice that the loan is done at simple interest, so the interest does not capitalize.

Ammount$-due = 26,000 * (1 + 0.014 * 4) = 27,456

3 0
3 years ago
Identify each of the following terms or phrases as an accounting (a) principle, (b) assumption, or (c) constraint.
german

Answer and Explanation:

The identification of the following terms as an accounting principle, assumption or constraint is

1 Business entity    = Assumption

2. Measurement  = Principle

3 Cost-benefit   = Constraint

4 Revenue recognition  = Principle

In this way the identification of the accounting terms would be done

The same is relevant too

7 0
3 years ago
Why is education considered as an investment
eimsori [14]
Education is considered as an investment in human capital. Human capital can be described as the knowledge, abilities and skills of an individual, acquired through education, training and experience, which help the latter to be more productive and thus improve his potential income earning.
7 0
2 years ago
A. the government often uses excise taxes, called "sin taxes," to manipulate consumption of cigarettes. draw and label the shift
sukhopar [10]
The amount of sin tax that will be paid by all of the mentioned parties will depend per country. In fact, in the US, sin tax may even differ per state so the price of consumers and producers will already factor in the percentage of sin tax that they will pay. As to why it will most likely not reduce the consumption, this is because these vices are generally addictive and already serve as habits for some people. Because of this, people will most likely not decrease their consumption significantly since they continuously look for it. In fact, they will be willing to pay more to get it. 
7 0
3 years ago
New Doors Corp. has $375,000 of total assets, and it uses $187,500 of total shareholder's equity capital. Its sales for the last
Maslowich

Answer:

Profit margin (PM) the firm needs in order to achieve the 15% ROE: a. 5.41%

Explanation:

The profit margin reflects a company's overall ability to turn income into profit, is calculated by formula:

Profit margin = Net income/Net sales

The return on equity (ROE) is calculated by following formula:

ROE = Net income/shareholder's equity

New Doors Corp. uses $187,500 of total shareholder's equity capital and gets the return on equity (ROE) up to 15.0%

Net income = ROE x Shareholder's equity = 15.0% x $187,500 = $28,125

Profit margin = $28,125/$520,000 = 0.0541 = 5.41%

6 0
3 years ago
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