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Helga [31]
3 years ago
14

What are the main reasons companies import goods?

Business
1 answer:
oksian1 [2.3K]3 years ago
7 0

Answer:

A key reason that companies all over the world choose to import goods is to extend their profit margin. High taxes, wage minimums, and material costs in certain countries make it more useful to import products from a country where fees, wages, and material costs are considerably lower.

Explanation:

You might be interested in
A sinking fund provision is _______ to investors, so bonds with a sinking fund provision generally have _______ yields than bond
olchik [2.2K]

A sinking fund provision is attractive; to investors, so bonds with a sinking fund provision generally have lower yields than bonds without.

What is sinking fund provision?

Sinking provision means setting funds over time which are meant to repay the bond principal amount at bond maturity , in other words, a bond with such provision is safe because to a large extent, there would be no default on repayment of principal.

Besides, the fact that sinking fund provision on bonds is attractive means such bonds would earn lower  yield as there is an inverse relationship between risk and return

Find out more about sinking fund provision on:brainly.com/question/14778799

#SPJ1

Full question with options:

A sinking fund provision is ________ to investors, so bonds with a sinking fund provision generally have _______ yields than bonds without.

a. unattractive; higher

b. unattractive; lower

c. attractive; lower

d. attractive; higher

3 0
2 years ago
On receiving a client's bank cut-off statement, an auditor most likely would trace
aleksandrvk [35]

Answer:

B. Prior-year checks listed in the cut-off statement to the year-end outstanding checklist.

Explanation:

Bank cutoff statement can be regarded as bank statement that is produced as of a date which is seen as date that is subsequent to the date of the balance sheet. At a point in time, this date would be the one that will give permission for most of outstanding checks to clear the bank at the year-end. Cutoff bank statement is utilized in verifying reconciling items on the bank statement which been Mailed directly to the auditor. One of the purpose of cutoff bank statements is in verification of reconciling items on the year-end bank reconciliation of clients which comes with evidence that it can't be accessible to the client. It should be noted that On receiving a client's bank cut-off statement, an auditor most likely would trace Prior-year checks listed in the cut-off statement to the year-end outstanding checklist.

5 0
3 years ago
In her new job, alison determined to make her _____________from the start
mestny [16]

In her new job, alison determined to make her <u>mark</u> from the start. Hence, the correct answer is mark. Read below about making one's mark.

<h3>What does it mean to make mark?</h3>

If one makes his/her mark or make a mark, one becomes noticed or famous by doing something impressive or unusual.

Therefore, the correct answer is mark.

learn more about idiomatic expression: brainly.com/question/902417

#SPJ12

7 0
2 years ago
True or False: If Jake's Fire Engines were a competitive firm instead and $75,000 were the market price for an engine, decreasin
nirvana33 [79]

Answer:

False

Explanation:

If Jake decides to increase total sales volume by decreasing the price of its engines, the decrease in price is too large compared to the increase in quantity demanded. The number of engines sold will increase from 5 to 6 (1 more unit) while the price of each engine will decrease from $75,000 to $50,000.

In this scenario, engines are price inelastic:

PED = % change in quantity demanded / % change in price = [(6 - 5) / 5] / [($50,000 - $75,000) / $75,000] = (1 / 5) / ($25,000 / $75,000) = 0.2 / 0.33 = 0.6

when PED is less than 1, the demand is inelastic. This means that a decrease in price will result in a smaller proportional increase in quantity demanded.

3 0
3 years ago
All of the following are true statements regarding neoliberalism except Group of answer choices the government should not regula
sveta [45]

Answer:

Property should be communally owned and that people should work for the common good

Explanation:

Neoliberalism

This simply entails a shifts in economic control from the government to personal. It reduces the government control so that there is economic growth by favouring free trade and privatization. It is the preference of private control over public. Neoliberalism addresses inflation by creating new monetary policies that reduce or starve inflation.

It is is also defined as the full commitment to individual liberty, and holds the belief of a free market and opposition to state intervention in it. It is often referred to as the "Washington Consensus".

There are four stages of neoliberalism, which are:

1. Classical liberalism

2. Depression era

3. Neoconservatism

4. Neo-Marxian

3 0
3 years ago
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