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Inga [223]
3 years ago
14

Question 16 of 25

Business
1 answer:
Sveta_85 [38]3 years ago
8 0

Answer: B. Foreign cars become more expensive.

Explanation: The tariff slapped on imported goods such as cars and other foreign commodities will raise the overall cost of the product on the side of the seller and definitely the final selling price of such product to the consumers. This is used to raise revenue for the government and also to encourage the manufacture, adoption and support for locally manufactured products. Locally manufactured substitute will tend to be cheaper and the additional tariff may put importers and consumers off, and hence settle for cheaper locally made alternative.

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Swifty Corporation acquires a delivery truck at a cost of $43,000. The truck is expected to have a salvage value of $9,000 at th
zhuklara [117]

Answer:

The depreciation exp for the first year will be 4250 and second will be the same 4250

Explanation:

First we have to subtract the salvage value from the cost of the truck as the method assumes

43000-9000=34000

Second we have to divide the amount we got already by the estimated useful life

34000/8=4250 the dep amount for the first year

Every year we have to do the same process as shown above to get the dep exp amount

4 0
3 years ago
What happens if you fail to pay your annual taxes?
aleksklad [387]

Answer and Explanation:

Simply enough, the IRS comes for you and charges a failure to pay penalty. The penalty is 0.5% of your previous unpaid taxes for every month. So if you wouldn't want to lose more money, I'd suggest you pay your taxes.

7 0
2 years ago
The practice of subcontracting work to other people or companies is called
MAXImum [283]
The practice of subcontracting work to other people or companies is called outsourcing. Many companies will outsource work if they can have it completed for cheaper, better quality and/or at a faster rate. Outsourcing within the home country and out of the home country has become extremely popular over the years.
5 0
3 years ago
What is the difference between a public and a private corporation?
viva [34]

The principal difference between public and privately held companies is that public companies have shares that can be publicly traded on a stock market. A privately held company might become a publicly held company by conducting an initial public offering, which is the offering of shares of the company to the public.

6 0
4 years ago
One qualitative forecasting method bases the forecast for a new product or service on the actual sales history of a similar prod
Dominik [7]

Answer:

D. life cycle analogy

Explanation:

this method is called life cycle analogy

3 0
3 years ago
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