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OlgaM077 [116]
3 years ago
15

How does a tariff impact a business exporting goods

Business
2 answers:
gavmur [86]3 years ago
8 0

They can't export their goods as much as they used to be able to. more people will purchase goods that don't have a tariff on them.

ivolga24 [154]3 years ago
6 0

Answer:

A tariff has a postive impact when it comes to safeguarding and having an income

Explanation:

A tariff is a tax put on imported or exported goods to protect the goods and earn money. This can be used as a source of income as many states in the US do so.

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A currency trader observes that in the spot exchange market, one U.S. dollar can be exchanged for 10.875 Mexican pesos or for 6.
Anastaziya [24]

Answer:

d. 1.753 pesos/krone

Explanation:

The computation of the received pesos for exchange is shown below

Received pesos = Exchange value of one U.S dollar for Mexican pesos  ÷ Exchange value of one U.S dollar for Mexican pesos

= 10.875 ÷ 6.205

= 1.753 pesos/krone

It shows a relationship between the Exchange value of one U.S dollar for Mexican pesos and the Exchange value of one U.S dollar for Mexican pesos so that per pesos/krone can come

4 0
3 years ago
Infinity Corporation purchased equipment with a 10-year useful life and zero residual value for $10,000. At the end of the fifth
sesenic [268]

Answer:

a capital gain of $1,000.

Explanation:

Given,

The cost price of Equipment = $10,000

Useful life of the equipment = 10 years

Residual value = $0

Depreciation (Straight-line method) = Cost price/useful life

Depreciation (Straight-line method) = $10,000/10 = $1,000

Since, it is a straight line method, the depreciation will remain same each year. Therefore, at the end of the fifth year, the depreciation of equipment = $1,000 x 5 = $5,000

At the end of the fifth year,

The book value of the equipment= Equipment - Accumulate depreciation= $(10,000 - 5,000) = $5,000

If the company sales the equipment after the end of the fifth year,

there will be a capital gain.

Capital Gain of equipment = Sales price of equipment - book value of equipment

Capital Gain of equipment = $6,000 - 5,000 = $1,000. The journal entry will be -

Cash/Bank                              Debit       $6,000

Accumulated Depreciation   Debit       $5,000

Gain on sale of equipment                  Credit       $1,000

Equipment                                            Credit      $10,000

5 0
3 years ago
United States Steel Corporation’s (X) 7.5% bonds due in 2022 were reported as selling for 103.2.
kirill [66]

Answer:

because they are able to create it at a lower price

Explanation:

4 0
3 years ago
Use the following information to prepare the September cash budget for PTO Manufacturing Co. The following informaition relates
Keith_Richards [23]

Answer and Explanation:

The preparation of the cash budget is shown below:

Beginning Cash Balance        $40,000

Budgeted Cash Receipts        $225,000

Total Cash Available                $265,000

Less

Payment of Raw Mat purchases in Aug ( $80,000 × 35%)          $28,000.00

Payment of Raw Mat purchases in Sep ($110,000 × 65%)           $71,500

Direct Labor Payment            $40,000

Other Cash Expenses            $60,000

Income Tax Paid                    $10,000

Bank Loan Interest Paid    $1,000

Total Cash Disbursements   $210,500

Closing Cash Balance           $54,500

We simply deduct the all cash expenses from the total cash available so that the closing cash balance could come

6 0
3 years ago
A manufacturer develops bud­gets for the direct materials, direct labor, and overhead that will be required in the produc­tion p
Dominik [7]

Answer:

The correct answer is letter "D": The production budget.

Explanation:

The production budget is the expected production of a manufacturing company. It combines the projection of sales of the firm for the current period and the number of assets needed to achieve the production level necessary. It is important for a company to have a clear idea of what investment will be needed to fulfill those expectations.

5 0
3 years ago
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