BUSINESS MIDDLE SCHOOL

Items bought from other countries are called?

Answers

Answer 1
Answer: Imports are goods bought from other countries
Answer 2
Answer:

They are called "Imports."


Related Questions

HIGH SCHOOL

Eumi is a purchasing manager for the XYZ Company. She has some latitude when it comes to making purchasing decisions. She is buying some cleaning solvent for the company and has to choose between a lower cost alternative that is not as effective as the other option.​ Eumi's bonus is based upon saving the company money so she has to choose between purchasing the more​ expensive, safer product or purchasing the other less​ expensive, less effective product and increasing her bonus. Which of the following is Eumi is​ experiencing?A.MisrepresentationB.Breach of contractC.Ethical dilemmaD.FalsificationE.Ethical lapse

Answers

Answer:

Ethical Dilemma

Explanation:

According to my research on different managerial roles and responsibilities, I can say that based on the information provided within the question Eumi is experiencing an Ethical Dilemma. This is because like mentioned in the question Eumi can either choose the morally right option which is choosing the more expensive safer product, or choosing the less safe - less expensive option which will increase her bonus, which would be ethically wrong.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

COLLEGE

Ellie purchases an insurance policy on her life and names her brother, Jason, as the beneficiary. Ellie pays $32,000 in premiums for the policy during her life. When she dies, Jason collects the insurance proceeds of $500,000. As a result, Jason reports gross income of __________.

Answers

Answer:

He does not report any gross income as life insurance proceeds are exempted from tax.

Explanation:

As a rule life insurance proceeds to a beneficiary are not taxable, they are viewed as non taxable inheritance of the deceased to the beneficiary.

However if Ellie had instructed the insurance company to hold the funds for sometime before paying Jason, the interest earned during that period will be taxable.

COLLEGE

Renault has created a way to generate high profits on low-priced automobiles by using simple designs that incorporate components from older car designs and a no-discount retail policy. They are using a(n) ______________ strategy.

Answers

Answer:

The correct answer is overall cost leadership.

Explanation:

Companies usually use the strategy of overall cost leadership to be more competitive and get some advantage by creating a low-cost-position among its competitors. In other words,  the strategy tends to give the company the ability to keep lower prices than its competitors by increasing productivity and efficiency, eliminating waste, or controlling costs.

COLLEGE

Rocky Mountain Bottling Company produces a soft drink that is sold for a dollar. At production and sales of 800,000 units, the company pays $600,000 in production costs, half of which are fixed costs. At that volume, general, selling, and administrative costs amount to $250,000 of which $70,000 are fixed costs. What is the amount of contribution margin per unit? a. $0.400 b. $0.5375 c. $0.250 d. None of these is correct.

Answers

Answer:

option (a) $0.400

Explanation:

Data provided in the question:

Selling cost = $1

Production and sales = 800,000 units

Production costs = $600,000

Fixed cost = 50% of  $600,000

= 300,000

General, selling, and administrative costs amount = $250,000

Fixed costs = $70,000

Now,

Variable Production costs per unit = Fixed cost ÷ Production and sales

= 300,000 ÷ 800,000

= $0.375

Variable General, selling, and administrative per unit

= ($250,000 - $70,000) ÷ 800,000

= $0.225

Total variable expense per unit = $0.375 + $0.225

= $0.6

Therefore,

contribution margin per unit = Selling cost - Total variable cost

= $1 - $0.6

= $0.4

Hence,

The answer is option (a) $0.400

COLLEGE

Investment X offers to pay you $4,800 per year for 9 years, whereas Investment Y offers to pay you $7,100 per year for 5 years. If the discount rate is 6 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) If the discount rate is 16 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Answers

Answer:

At Discount rate=6%=0.06:

For investment X:

For investment Y:

At Discount rate=16%=0.16:

For investment X:

For investment Y:

Explanation:

Amount paid annually Due to investment X=A=$4,800

Amount paid annually Due to investment Y=A=$7,100

Number of years for investment X =n=9

Number of years for investment Y=n=5

Formula:

At Discount rate=6%=0.06:

For investment X:

For investment Y:

At Discount rate=16%=0.16:

For investment X:

For investment Y:

HIGH SCHOOL

Which consideration must be addressed when deciding for whom to produce?

Answers

Answer:

What should be taken into consideration is "Who has the greatest need?"

Explanation:

A production process must be established and managed in such a way as not to cause waste, as waste means loss of economic power and unused production. For this reason, the consideration that should be addressed when deciding who to produce is "Who has the greatest need?" Once this is decided, the chances of wasted production will be much lower, while highly profitable production will be stimulated.

Since there is no options provided, it could be :

- The price of your products compared to your target's level of income

- The Rules and law that exist in your area

- The amount of competitors that exist

- The distribution factors, how easy is it to deliver your product to your targets
HIGH SCHOOL

Suppose the demand curve for a product is represented by a typical downward-sloping curve. Now suppose that the demand for this product increases. Which of the following statements accurately predicts the resulting increase in price? A. The more elastic the supply curve, the greater the price increase.
B. The more elastic the supply curve, the smaller the price increase.
C. The increase in price is not affected by the elasticity of the supply curve.
D. There will be no increase in price if the supply curve is perfectly inelastic

Answers

Answer:

B. The more elastic the supply curve, the smaller the price increase.

Explanation:

If the demand for the product increases, demand would exceed supply and a scarcity would occur. The scarcity would lead to a rise in price and fall in quantity.

The severity of the scarcity depends on how fast supply is to respond to the scarcity. If supply can easily respond to the increase in price by increasing supply, the smaller the price increase would be.

Supply is elastic if a small change in price leads to a greater change in the quantity supplied.

I hope my answer helps you

COLLEGE

The data given below are from the accounting records of the Kuhn Corporation: Net Income (accrual basis) $ 65,000 Depreciation Expense $ 19,000 Decrease in Accounts Payable $ 3,500 Decrease in Inventory $ 4,000 Increase in Bonds Payable $ 20,000 Sale of Common Stock for cash $ 32,000 Increase in Accounts Receivable $ 6,500 Based on this information, the net cash provided by (used in) operating activities using the indirect method would be:

Answers

Answer:

Explanation:

Operating activities : It includes all activities related to the changes in the working capital or changes in the current assets and current liabilities.

The increase in current liabilities increase the cash and decrease in current liabilities decrease the cash, so the adjustment is made accordingly. But it is opposite with the current assets.

The Net cash in operating activities under indirect method is shown below:

= Net income + Depreciation expense - decrease in accounts payable + decrease in inventory - increase in accounts receivable

= $65,000 + $19,000 - $3,500 + $4,000 - $6,500

= $78,000

The other effect like increase in bond payable, sale of common stock for cash is classified under financing activities. Thus, it is not considered in computation part.

Hence, the Net cash in operating activities under indirect method is $78,000

HIGH SCHOOL

A producer in a monopoly will charge _____ price for jeans than a jeans producer in a competitive market. a higher
a lower
the same

Answers

Basic economics dictates that in a capitalistic supply and demand driven economy, producers in a monopoly will charge higher prices than products produced in a competitive environment. Monopolies can charge the highest price a market can bear as they are the sole supplier of a product. In a competitive environment multiple producers will compete to produce a product at the lowest price that the market will bear to meet demand.

A producer in a monopoly will charge **A HIGHER** price for jeans than a jeans producer in a competitive market :)

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