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3 years ago

What is the Disadvantage of fair trade?

Business

2 answers:

Nataliya [291]3 years ago

8 0

Answer:

Losing a valuable

Explanation:

When trading there is always a valuable lost after. But if fair trading, you get new valuable

jekas [21]3 years ago

3 0

Answer:

One of the most commonly cited disadvantages of fair trade is paying premium prices. The cost of fair trade products tends to be higher, but are people willing to stump up the extra cash?

Explanation:

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Sarasota Company has a factory machine with a book value of $86,300 and a remaining useful life of 7 years. It can be sold for $

RUDIKE [14]

Answer:

See the explanation for answer

Explanation:

Analysis showing whether the old machine should be retained or replaced is as prepared below:

Retain Replace Net Income

Equipment Equipment Increase(Decrease)

Variable manufacturing costs 43,63,100 32,32,600 11,30,500

New machine costs 0 3,59,000 -3,59,000

Sell old machine 0 -33,500 33,500

Total 43,63,100 35,58,100 8,05,000

The old factory machine should be replaced as there is increase in net income by 805,000 when old machine is replaced.

4 0

3 years ago

Anna employs Mark to purchase for her a suitable site for a roller rink. Mark owns a huge site himself and sells it to Anna at f

mylen [45]

Answer:

Fiduciary

Explanation:

A fiduciary is a person that is appointed to protect the interests of his principal.

He should ensure that all transactions favor his principal maximally. It also entails full disclosure.

In this case, Mark was going to be the beneficiary of the sale. Even if the site was sold at fair market value, Mark has responsibility to fully disclose the source of the transaction to Anna.

Conflict of duty is when the fiduciary benefits from his position. This is not allowed.

8 0

3 years ago

At the beginning of April, Warren Corporation's assets totaled $257,000 and liabilities totaled $77,000. During April the follow

g100num [7]

Answer:

Total liabilities is $170,500

Explanation:

Warren's total liabilities at end of April comprises of the beginning balance of liabilities of $77,000 plus the notes payable signed in respect of the building acquired in the course of the year,the computation is shown below:

Beginning balance of liabilities $77,000

Notes payable $93,500

Total liabilities $170,500

The notes signed by employee of $11,700 is notes receivable as the employee is owing the company and should be classified as notes payable ,but notes receivable instead, an asset.

3 0

3 years ago

Lamar Printing Company determines that a printing press used in its operations has suffered a permanent impairment in value beca

Alla [95]

Answer:

C. include a credit to the equipment accumulated depreciation account.

Explanation:

Since Lamar Printing Company determines that a printing press used in its operations has suffered a permanent impairment in value because of technological changes. An entry to record the impairment should include a credit to the equipment accumulated depreciation account.

In Accounting, Depreciation can be defined as the decrease in the value of an asset (factory equipment, logistics tools etc) as a result of wear or tear, within a specific period of time. Depreciation is used for the allocation of cost to tangible assets with respect to its life expentency or within its useful life.

7 0

3 years ago

Department stores have increasingly used designer boutiques to highlight specific designers to small market segments. This strat

lawyer [7]

Answer:

Specialty Store

Explanation:

A specialty store is a store where it keeps the high brand, style or models having the narrow category of goods and services. The products like furniture, sporting goods, bookstores are categorized as the speciality stores.

Since in the given situaton, it is mentioned that the stores increase the usage of the designer boutique for highlighting the particular designers for the small market so this represent the speciality store of that retail institution

3 0

3 years ago