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KATRIN_1 [288]
4 years ago
7

What is the purpose of the customs department of a country’s government?

Business
1 answer:
soldi70 [24.7K]4 years ago
8 0

Answer:

Customs Duty is a tariff or tax imposed on goods when transported across international borders. The purpose of Customs Duty is to protect each country's economy, residents, jobs, environment, etc., by controlling the flow of goods, especially restrictive and prohibited goods, into and out of the country.

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A real estate broker agrees to manage a property for its owner, but only on the condition that when the owner decides to sell, h
kati45 [8]

Answer:

Sherman Antitrust Act of 1890

Explanation:

In this specific scenario, the real estate broker would be in violation of the Sherman Antitrust Act of 1890. This is a federal statute that prohibits activities that restrict interstate commerce and competition in the marketplace. Therefore, by telling the owner that he must list the property with his broker, the agent is preventing the other competitors from having a fair shot at obtaining the listing, making this a violation.

3 0
3 years ago
Why do basketball players switch teams?<br> Why do they have to sign a paper when they do that?
Anika [276]

It varies from player to player, some do it for better pay and some do it because they don't like the team their with. They have to sign papers because there transferring their services to another franchise, and are agreeing to new terms of contracts. Things that are disclosed in the contracts are things such as payment and how many years they will be bonded by the contract.

6 0
3 years ago
ole Company’s stock currently sells for $20 per share. It just paid dividends of $1.00 per share. The dividend is expected to gr
Montano1993 [528]

Answer:

The required rate of return is 11%

Explanation:

Dividend valuation method calculated the value of stock based on dividend payment, growth rate and required rate of return.

Use following formula to calculate the the required rate of return

Price =  Dividend / ( Required Rate of return - Growth rate )

20 =  $1 / ( Required Rate of return - 6% )

20 =  $1 / ( Required Rate of return - 0.06 )

Required Rate of return - 0.06 = $1 / $20

Required Rate of return - 0.06 = 0.05

Required Rate of return = 0.05 + 0.06

Required Rate of return = 0.11

Required Rate of return = 11%

3 0
4 years ago
The first step in the process of creating a marketing plan is to
Maksim231197 [3]
The right answer for the question that is being asked and shown above is that: "• set marketing objectives." The first step in the process of creating a marketing plan is to <span>set marketing objectives. The group must know the goals and objectives why they are making a business or something.</span>
7 0
3 years ago
Knottworth Gedding Consulting leased machinery from Red Inc. on July 1, 2021. The lease was recorded as a finance lease. The pre
Kobotan [32]

Answer:

The answer is: Knottworth Gedding should report $1,725,000 as interest expense in its 12/31/2021 income statement

Explanation:

The formula for calculating the amount of interest expense is:

interest expense = discount rate x (present value - yearly payment) x time

  • Discount rate = 10%
  • Present value = $40,500,000
  • Yearly  payment = $6,000,000
  • Time = 6 months / 12 months = 0.5

interest expense = 10% x ($40,500,000 - $6,000,000) x 0.5 = $1,725,000

6 0
3 years ago
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