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lara31 [8.8K]
3 years ago
7

If Bangladesh is open to international trade in oranges without any restrictions, it will ___________ tons of oranges. Suppose t

he Bangladeshi government wants to reduce imports to exactly 120 tons of oranges to help domestic producers. A tariff of _________ per ton will achieve this. A tariff set at this level would raise $_________ in revenue for the Bangladeshi government.
Business
1 answer:
azamat3 years ago
5 0

Question Completion:

Assume that the price per ton of oranges in the international market is $810 and equilibrium is established at the price of $900 for 120 tons.

Answer:

If Bangladesh is open to international trade in oranges without any restrictions, it will ____import____ tons of oranges. Suppose the Bangladeshi government wants to reduce imports to exactly 120 tons of oranges to help domestic producers. A tariff of ____$90____ per ton will achieve this.  A tariff set at this level would raise $___10,800______ in revenue for the Bangladeshi government.

Explanation:

A tariff of $90 per ton will raise the price of a ton of oranges to $900 ($810 per ton as indicated on the question).  When the price is raised to $900 in the domestic market, the quantity demanded will equalize with the quantity supplied at 120 tons.

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In order to find current return on equity we need to find equity , In order to find equity we may use the below logic.

Since 39% of the assets are financed by Debt, we can conclude that the remaining 61% of total assets are financed by equity. Thus, of $410000, 61% constitutes Equity, Which is $250100.

In order the find Return on Equity we may used the below formula:

Return on Equity=\frac{Net Income}{Shareholders Capital}

Return on Equity=\frac{28250}{250100}*100

Return on equity= 11.30%

In cash assets are reduced to $252500, and the firm expects to keep the same capital structure of 39:61, Amount of Debt will be $98475 and Equity will be $154025

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Thus return on equity increases by 7% (Approximately).

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3 years ago
A company set-up a petty cash fund with $800. The disbursements are as follows:
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Petty Cash

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An institutional client wishes to open an account at a brokerage firm, but wants the positions in the account held at a bank and
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3 years ago
Exact Photo Service purchased a new color printer at the beginning of 2018 for $42,700. The printer is expected to have a four-y
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Answer:

Depreciation for 2018 is = $15,120.60

Depreciation for 2019 is  = $13,133.84

Depreciation for 2020 is = $10,401.04

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Explanation:

solution

we know here

Depreciation under Units of production method is    

Depreciation is = (Cost - Salvage value) × (No of units produced ÷ Expected units of production)

put here value for each year

Depreciation for 2018 is = (42700-1708) × (553300 ÷ 1500000)

Depreciation for 2018 is = $ 15,120.60

 

Depreciation for 2019 is = (42700-1708) ×  (480600 ÷ 1500000)

Depreciation for 2019 is  = $ 13,133.84  

 

Depreciation for 2020 is = (42700-1708)×  (380600 ÷ 1500000)

Depreciation for 2020 is = $ 10,401.04

 

Depreciation for 2021 is = (42700-1708)×  (390100 ÷ 1500000)

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Lexington Company engaged in the following transactions during Year 1, its first year in operation: (Assume all transactions are
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Answer:

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First we need to determine the profit/loss for the year as part of the retained earnings calculation.

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Revenue Earned                                                $3,200

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Then we calculate the Retained Earnings Balance

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Beginning Retained Earnings Balance                  $ 0

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Ending Retained Earnings Balance                    $360

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