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3 years ago

Do you think the introduction of import tariffs is likely

1 answer:

5 0

Answer: Tariffs increase the prices of imported goods. Because of this, domestic producers are not forced to reduce their prices from increased competition, and domestic consumers are left paying higher prices as a result. When a large importing country places a tariff on an imported product, it will cause the foreign price to fall. The tariff will reduce imports into the domestic country, and since its imports represent a sizeable proportion of the world market, world demand for the product will fall. The effects of tariffs are more transparent than quotas and hence are a preferred form of protection in the GATT/WTO agreement. A quota is more protective of the domestic import-competing industry in the face of import volume increases. A tariff is more protective in the face of import volume decreases. Tariffs bring about higher prices and revenues to domestic producers and lower sales and revenues to foreign producers. Like tariffs, import quotas restrict imports, lowering consumer surplus and preventing countries from fully realizing their comparative advantage.

Explanation:

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ABC Company's preferred stock pays a constant dividend of $2 per share in perpetuity (Zero Growth). If the required return is 8%

mezya [45]

Answer:

Price per share of preference share = $25

Explanation:

Preference dividend is generally fixed, and does not change as there is a standard rate prescribed at the time of issue of preference shares.

Provided here is, dividend for preference shares = $2

Expected return each year = 8%

Expected growth = 0%

Thus, cost or price per share of preference stock = Dividend/Expected Return = $2/8% = $25 each share.

6 0

3 years ago

The Laresen Company uses the machine hour method of applying factory overhead to production. The budgeted factory overhead last

Pani-rosa [81]

Answer:

Total cost= $1,375

Explanation:

Giving the following information:

The budgeted factory overhead last year was $200,000, and there were 40,000 machine hours budgeted.

Job 84:

Direct materials= $900

direct labor hours= 25

Direct labor cost= $350.

First, we need to calculate the manufacturing overhead rate based on direct labor hours:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 200,000/40,000= $5 per direct labor hour

Now, we can calculate the total cost:

Total cost= direct material + direct labor + allocated overhead

Total cost= 900 + 350 + 5*25= $1,375

6 0

4 years ago

The three types of major stressors in your life are:

Andrew [12]

Physical Trauma

Loud noise

Loss of a loved one

8 0

3 years ago

Suppose that consumers purchase fish and computer chips. In 2010, one pound of fish costs $1, a computer chip costs $1, and the

tangare [24]

Answer:

42.5%

Explanation:

The computation of the inflation rate between 2012 and 2011 is shown below:

But before that we need to do the following calculations

Cost of basket for the year 2011 is

= 5 × 2 + 20 × 0.5

= 10 + 10

= 20

And the base year price index i.e. CPI is 100

Now

Cost of same basket in year 2012 is

= 5 × 2.10 + 20 × 0.90

= 10.5 + 18

= 28.5

Now

CPI in 2012 is

= ($28.5 ÷ $20) × 100

= 142.5

So,

Inflation rate is

= (142.5 ÷ 100) - 1

= 1.425 - 1

= 0.425

= 42.5%

5 0

3 years ago

Why is a w-2 form so important

amm1812

Answer:

The IRS requires employers to report wage and salary information for employees on Form W-2. Your W-2 also reports the amount of federal, state and other taxes withheld from your paycheck. As an employee, the information on your W-2 is extremely important when preparing your tax return.

7 0

3 years ago