What role is often mistakenly perceived as the same as a copyeditor?

When a country imposes tariffs, it is likely to cause

bearhunter [10]

Answer:

lower prices for domestic production

Explanation:

tariffs means

more tax on imports so

imports would be more expensive

A. increased quantities of imports?

if imports are more expensive because of tariffs and

if people buy less

then there would NOT be

increased quantities of imports

because they are more expensive

B. higher prices for the import-competing goods both domestically and abroad?

import-competing (domestic) goods would be cheaper

C. lower prices for domestic production?

yes domestic production would be cheaper

D. less expensive exports?

only if other countries don't put tariffs on them themselves

3 0

2 years ago

Read 2 more answers

An investment in an available-for-sale security is transferred to trading because the company anticipates selling the stock in t

meriva

Answer:

It's fair value at the date of the transfer

Explanation:

Transfers of securities between categories of investments should be accounted for at FAIR VALUE, with unrealized holding gains or losses treated in accordance with the nature of the transfer.

Available-for-sale securities are reported at fair value; changes in value between accounting periods are included in accumulated other comprehensive income in the equity section of the balance sheet.

The fair value option gives companies the option to report most financial instruments at fair value with all gains and losses related to changes in fair value reported in the income statement.

8 0

3 years ago

The demand for one of X Company’s products has declined in recent years. The product is manufactured using designated equipment

Scrat [10]

Answer: $230,000

Explanation:

In our case,

Undiscounted future cash inflows from the sale of the product = $ 600,000 and

Carrying value of the asset = $ 720,000.

We can come to a conclusion that the benefit we get from the sale of the asset is less that carrying value.

Hence, the asset is said to be impaired.

Therefore,

Impairment Loss = Carrying value - Fair value of the asset

= 720,000 - 490,000

= $230,000.

6 0

2 years ago

Pesto Company possesses 80 percent of Salerno Company’s outstanding voting stock. Pesto uses the initial value method to account

hichkok12 [17]

Answer:

The retainesd earnings figure will increase by 464,400 dollars

Explanation:

Parent Company premium:

Premium: 750,000 / 20 years = 37,500 depreciation per year

unamortized portion at Dec 31th 2013:

amortized: 750,000 - 37,500 x 4 years = 150,000

unarmortized: 750,000 - 150,000 = 600,000

We must reverse 40% of the premium as is within the same company:

600,000 x 40% = 240,000

Subsidiary Discount:

16,500,000 X 40% = 6,600,000

Purchase at 96.6

Discount of 3.4 = 6,600,000 x 3.4% = 224,400

We must reverse this as is part of the same company.

In total retained earnings will increase by

240,000 + 224,400 = 464,400 dollars

8 0

3 years ago

An analytical tool used in six-sigma quality improvement programs is which of the following? A. LeadershipB. Continuous improvem

madam [21]

Answer:

E. Checksheets

Explanation:

Check Sheets

It is a form of document , which is used to collect data and information in the real time , at the very location , where it is generated .

The data collected can be qualitative and even quantitative in nature .

In case the data or the information is quantitative , then the check sheet can also be called as a tally sheet .

3 0

3 years ago