Business, 10.04.2020 17:47, wypozworski
Honduras is an importer of goose-down pillows. The world price of these pillows is $50. Honduras imposes a $7 tariff on pillows. Honduras is a price-taker in the pillow market. As a result of the tariff, the price of goose-down pillows in HondurasA. increases to a new price between $50 and $57 and the quantity of goose-down pillows purchased in Honduras decreases. B. increases to $57 and the quantity of goose-down pillows purchased in Honduras decreases. C. remains at $50 and the quantity of goose-down pillows purchased in Honduras decreases. D. increases to a new price above $57 and the quantity of goose-down pillows purchased in Honduras remains the same.
Answers: 2
Business, 21.06.2019 20:20, help1572
After all revenue and expense accounts have been closed at the end of the fiscal year, income summary has a debit of $2,450,000 and a credit of $3,000,000. at the same date, retained earnings has a credit balance of $8,222,600, and dividends has a balance of $125,000. required: a. journalize the entries required to complete the closing of the accounts on december 31. refer to the chart of accounts for exact wording of account titles. b. determine the amount of retained earnings at the end of the period.
Answers: 1
Business, 22.06.2019 19:40, pchisholm100
You estimate that your cattle farm will generate $0.15 million of profits on sales of $3 million under normal economic conditions and that the degree of operating leverage is 2. (leave no cells blank - be certain to enter "0" wherever required. do not round intermediate calculations. enter your answers in millions.) a. what will profits be if sales turn out to be $1.5 million?
Answers: 3
Business, 22.06.2019 20:40, leeshaaa17
Spartan credit bank is offering 7.5 percent compounded daily on its savings accounts. you deposit $5,900 today. a. how much will you have in the account in 4 years? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) b. how much will you have in the account in 12 years? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) c. how much will you have in the account in 19 years?
Answers: 2
Honduras is an importer of goose-down pillows. The world price of these pillows is $50. Honduras imp...
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