Reasons for imposing tariffs include:
a. the collection of revenue.
b. controlling exports.
c. the protection of domestic industry.
d. Both a and c
d
You might also like to view...
For the year ending December 31, 2019, the partnership reported a net loss of $122,000. The journal entry to record the loss allocation will ________.
Lori and Mike enter into a partnership and decide to share profits and losses as follows: 1. The first allocation is a salary allowance with Lori receiving $12,000 and Mike receiving $25,000. 2. The second allocation is 20% of the partners' capital balances at year end. On December 31, 2019, the capital balances for Lori and Mike are $86,000 and $344,000, respectively. 3. Any remaining profit or loss is allocated equally. A) debit Lori, Capital for $93,300 B) debit Lori, Capital for $28,700 C) debit Mike, Capital for $93,800 D) credit Mike, Capital for $93,800
When a company decides to enter a line of business that is farther away from its final customer, what type of growth strategy is this called?
a. backward integration b. forward integration c. related diversification d. unrelated diversification
Answer the following statements true (T) or false (F)
Disclosure will become less important in the future because of market efficiency.
The director of a professional organization who asks for a report on developing an online newsletter for members may request a justification report to support the recommended decision
Indicate whether the statement is true or false