Stories Company purchased equipment and these costs were incurred: Cash price $22,500 Sales taxes 1,800 Insurance during transit 320 Installation and testing 430 Total costs $25,050 Stories will record the acquisition cost of the equipment as

Today's large, progressive wholesalers have successfully reacted to rising costs by ________

A) relocating to low-rent, low-tax areas B) investing in information technology systems C) investing less money in expensive machinery D) reducing their markup rates E) reducing promotional activities

A restriction on the amount of a good that can enter or leave a country during a certain period of time is called a(n) ________

A) administrative delay B) local content requirement C) quota D) tariff