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2 years ago

1. What arguments do Feingold and Heuvel offer in defense of Roosevelt?

1 answer:

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1. The arguments that these people put forward was to exonerate the president by saying the situation was beyond his control.

<h3>The argument that Feingold put forward</h3>

He argued that there were many situations that occurred that were beyond the capacity of Roosevelt's administration. These were

The determination to liquidate Jews by Berlin.
The decision to rescue a minority in a foreign land that the US did not owe any responsibility.

<h3>The argument that Heuvel put forward</h3>

Heuvel sternly said that it was ironic to put any blames on Roosevelt because he was not the one that caused the holocaust.

According to him, no one had any backgrounds to fault him for what was being done by Hitler because he was not the cause.

2. What Michael meant was that it was not a common occurrence for the president to be silent on issues that are as pressing as this.

According to him, the president was a person that would speak up fast on serious world issues. He meant it was not in the character of the president to be late in issues of this sort.

3. Wyman called it the worst failure of his presidency because he refused to act for a long time during the extermination.

From what he said, the president only stepped in to save the Jews out of pressure.

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3 years ago

What do you understand from the term, ‘monopoly’. Give an example of a government-created monopoly. Is creating this monopoly ne

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Answer:

A monopoly is a company that can control the market. For example the government could put a hight import tax on shoes so no one would ship shoes into the countryman this means that the only shoe brand in the country can adjust there prices of their shoes and people would still buy them because there is no other shoe brand. This shows that they have control over the market (Or sitting at at monopoly position)

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3 years ago

Biarritz Corp. is growing quickly. Dividends are expected to grow at a rate of 25 percent for the next three years, with the gro

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Answer:

The current share price is $82.85

Explanation:

D1 = (2.85*1.25)

= 3.56

D2 = (3.56*1.25)

= 4.45

D3 = (4.45*1.25)

= 5.566

Value after year 3 = (D3*Growth rate)/(Required rate - Growth rate)

= (5.566*1.045)/(0.105 - 0.045)

= $96.95

current price = Future dividend and value*Present value of discounting factor

= 3.56/1.105 + 4.45/1.105^2 +5.566/1.105^3 + $96.95/1.105^3

= $82.85

Therefore, The current share price is $82.85

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3 years ago

What is a main problem with determining the social benefits of a public good like a community fireworks show?

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The main problem will arise when it has to be with converting the public good to numbers where it can be interpreted and studied. The number of people can also be something difficult to deal with because it deppends on the distance of the people seeing the fireworks show and if the distance is ok for the number of people looking at the fireworks

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3 years ago

The manufacturing overhead budget of Paparella Corporation is based on budgeted direct labor-hours. The November direct labor bu

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Answer:

The answer for question A is $ 70,200

The answer for question B is $ 15.20

Explanation:

Budgeted direct labor hours = 6,000 hours

Variable overhead rate = $2.00

Variable manufacturing overheads = 6000 x $2 = $ 12,000

Fixed manufacturing overhead = $ 79,200

Total Manufacturing overheads = $ 91,200

Depreciation = $ 21,000

Cash disbursement of manufacturing overhead for November = total manufacturing overheads - Depreciation

= $91,200 - $ 21,000 = $ 70,200

From above, we have Total Manufacturing overheads = $ 91,200

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Predetermined overhead rate for the month of November = Total Manufacturing overheads ÷ Budgeted direct labor hours

= $91,200 ÷ 6000 = $ 15.20

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3 years ago