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Marina86 [1]
2 years ago
15

In most cases, the reason products cost relatively little in one country and cost more in another is the Group of answer choices

profiteering measures taken by exporting companies. consistency in perception of quality in all countries. inelastic demand of most consumer goods. requirement that all export goods must use set skimmed price. higher costs of exporting.
Business
1 answer:
sveta [45]2 years ago
5 0

The main reason why cost of product is little in one country and more in another is because of

  • profiteering measures taken by exporting companies.
  • higher costs of exporting.

Cost of exportation of goods, taxes, original product cost, Profit measures are all part of reasons why exported goods are more higher in cost when compared to the cost in producing country.

The company who imported the product will ensure its makes profiton the sales and also, the cost of moving the product into the country are usually high, therefore, they all contributed to the high cost

Therefore, the Option A and E is correct because profiteering measures taken by exporting companies and higher costs of exporting contributes to the higher cost of exported products

Read more here

<em>brainly.com/question/12906042</em>

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Tamarisk, Inc. just took its physical inventory on December 31. The count of inventory items on hand at the companyâs business l
Dmitry [639]

Answer:

Closing inventory = $289,000 + $13,190 = 302,190

Explanation:

Tamarisk inc.

In closing an inventory count consideration should be given to goods in transit. The agreements reached between buyer and seller will help in determining who is responsibility for the stock at each point in time.

An FOB (free on board) agreement means the seller of the goods is responsible for shipping the goods up to the port of destination and thereafter ownership, which includes risks and rewards for the goods is transferred to the buyer.

CIF (cost, insurance and freight). This implies the selling price of the seller already includes the cost of the product, the insurance and the freight getting it to the warehouse of the Buyer. In this instance, the ownership remains that of the seller until the products arrive the warehouse of the buyer

A. Richfield already has taken possession and even displayed it in his showroom as at Dec 31.

Action: do not add this to the closing inventory count

B. It is OK not to include the $20,180 goods in transit to the buyer as at DEC 31, because they were conditioned on an FOB agreement.

Action: do not add this to the closing inventory count

C. With a purchase consideration of FOB worth $13,190 still in transit as at Dec 31. The company needs to consider this as the risk and reward already transferred to it as agreed in the FOB terms

Action: add this to the closing inventory count

4 0
3 years ago
Read 2 more answers
The failure to record a purchase of mer chandise on account even though the goods are properly included in the physical inven to
xeze [42]

Answer: D. an understatement of expenses and an overstatement of owners' equity

Explanation:

If a purchase of merchandise was not recorded, it would mean that Purchases being <u>an expense</u> that contributes to the Cost of Goods sold would be understated.

This understatement would mean that the the Net income is overstated because the purchase expenses were never deducted from it. Net Income is part of owners' equity so if it is overstated, so is owners' equity .

6 0
2 years ago
Nan and Neal are twins. Nan invests $5,000 at 7 percent at age 25. Neal Invests $5,000 at 7 percent at age 30. Both investments
FromTheMoon [43]

Answer:

e) Nan will have more money than Neal at any age.

Explanation:

In compound interest, the interest earned in the year is added to the principal amount at the beginning of the next year. Earned interest becomes part of the principal which makes it earn interest. Adding interest to the principal to earn more interest is known as compounding.

The longer the investment period is, the more time interest will be compounded, and the more the investment will grow.  Nan made her investment at age 25. By the time she retires, her investment period will be 35 years.  Neil started her investment at age 30. At any given time after they are both age 30, Nan's investment will have earned compounded interest five more times than Neil. Therefore, Nan will have more money at any given time.  

4 0
3 years ago
Why were US workers against the ratification of the North American Free Trade Agreement (NAFTA) in 1992?
horsena [70]
<span>It was perceived by many (such as myself) as having the ultimate result of devaluing the American dollar.<span>
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3 0
3 years ago
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melomori [17]
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Good luck
7 0
3 years ago
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