I think the correct answer would be politicians trading favors that do not benefit the mass populace of voters. Rent seeking is a practice that involves the use of public policy in order to get benefit from it like increasing their benefits in the expense of other. This oftentimes done by a number of politicians.
Answer:
284%
Explanation:
You calculate it using the conversion method
Answer: B. Foreign cars become more expensive.
Explanation: The tariff slapped on imported goods such as cars and other foreign commodities will raise the overall cost of the product on the side of the seller and definitely the final selling price of such product to the consumers. This is used to raise revenue for the government and also to encourage the manufacture, adoption and support for locally manufactured products. Locally manufactured substitute will tend to be cheaper and the additional tariff may put importers and consumers off, and hence settle for cheaper locally made alternative.
Answer:
A claim against a customer is known as an account receivable.
Answer:
The question is incomplete, so I looked for a similar one:
A wood products company has decided to purchase new logging equipment for $100,000 with a trade-in of its old equipment. The old equipment has a BV of $10,000 at the time of the trade-in. The new equipment will be kept for 10 years before being sold. Using the MACRS (GDS recovery period), what is the depreciation charge permissible at year 1?
Depreciable value using MACRS is $100,000 and logging equipment is classified as 7 year class, and I will use the half-year convention:
depreciation year 1 = $100,000 x 14.29% = $14,290
