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Thepotemich [5.8K]
3 years ago
7

Which of these increases the price of certain foreign-made goods?

Business
2 answers:
nexus9112 [7]3 years ago
7 0

An import tariff would increase the price of certain foreign-made goods.

Juli2301 [7.4K]3 years ago
5 0

Answer:

An import tariff

Explanation:

Literally, import tariffs (or customs duties) are taxed paid on imports of goods and/or services. Import tariffs is a kind of tax pressed on import of goods and services from foreign nation in order to shoot up the price of the imported goods. The import tariffs are imposed by the government for some of the reasons listed below:

  1. To make imports less desirable and to minimize the reliance on foreign products
  2. To shield newly domestic set ups from foreign competition and also to shield the aging and inefficient ones from foreign competition.

The bold "shoot up the price of the imported goods" means to increase the price of imported goods describes one of the reasons of an import tariff.

Hence, we can conclude that an import tariff increased the price of certain foreign-made goods.

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Innovative or nonprogammed decisions opens up a world of possibilities to the business and evaluation is done to get the best idea for implementation.

7 0
3 years ago
A company reports the following beginning inventory and purchases for the month of January. On January 26, the company sells 350
nydimaria [60]

Answer:

The costs assigned to ending inventory based on the LIFO method under periodic inventory system are:

= $450.

Explanation:

a) Data and Calculations:

On January 26, the company sells 350 units. 150 units remain in ending inventory at January 31.

                                                           Units           Unit Cost    Total Cost

Beginning inventory on January 1      320              $ 3.00          $960

Purchase on January 9                         80                 3.20             256

Purchase on January 25                     100                 3.34              334

Tota units available for sale               500                                 $1,550

Sales on January 26                          350                                  $1,100

Ending inventory at January 31          150               $3.00          $450

8 0
3 years ago
For the following investments, identify whether they are: Trading debt securities. Available-for-sale debt securities. Held-to-m
AnnyKZ [126]

Answer:

(a) A bond that will mature in 4 years was bought 1 month ago when the price dropped. As soon as the value increases, which is expected next month, it will be sold.  - <u>Trading Debt Securities</u>

Trading debt securities such as these are held only for a short time before they are sold with the goal being short term profit.

(b) 10% of the outstanding stock of Farm-Co was purchased. The company is planning on eventually getting a total of 30% of its outstanding stock.  - <u>None of the Above</u>

This is an Equity Investment.

(c) Bonds were purchased in December of this year. The bonds are expected to be sold in January of next year.  - <u>Trading Debt Securities</u>

Like the bond in (a), this is being held for a short while only and then it will be sold so it is a Trading debt security.

(d) Bonds that will mature in 5 years are purchased. The company would like to hold them until they mature, but money has been tight recently and they may need to be sold.  - <u>Available-for-sale debt securities</u>

Available for sale debt securities are to be sold before maturity and therefore have no certain selling time. The bond above has no selling time as it might be sold at any point so it is an Available-for-sale debt security.

(e) Preferred stock was purchased for its constant dividend. The company is planning to hold the preferred stock for a long time.  -<u> None of the above.</u>

This is an Equity investment as well.

(f) A bond that matures in 10 years was purchased. The company is investing money set aside for an expansion project planned 10 years from now. - <u>Held-to-maturity debt securities.</u>

Held to Maturity bonds are bought with no intention of selling and the company hopes to hold them till they mature like this bond which will be held for 10 years.

7 0
2 years ago
You purchased 100 shares of stock value at $55 per share. The stock value increases to $85 per share what was the rate of increa
Andrews [41]

Answer:

54.55%

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The monetary increase = $85 - $55 = $30

As a percentage , the increase will be

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=54.5454%

=54.55%

3 0
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