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2 years ago

If implemented, the southern alliance's proposed "subtreasury system" would have eased the farm debt crisis by?

1 answer:

4 0

The sub-treasury plan, the federal government would hold crops in public warehouses and issue loans on their value until they could be profitably sold.

<h3>Why did Farmers face an increasing debt load in the late 1800s?</h3>

They were caught between increased costs and falling prices.

<h3>Why did the Grange movement focus on reducing prices that railroads and grain elevators charged? </h3>

Farmers relied on railroads and grain elevators but were forced to pay higher than usual rates.

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Identify What prevented the economy from slipping

iVinArrow [24]

The correct answer is letter B

5 0

3 years ago

Jasper makes a $44,000, 90-day, 9% cash loan to Clayborn Company. Jasper's entry to record the collection of the note and intere

vovikov84 [41]

Jasper's entry to record the collection of the note and interest at maturity should be:

Debit Cash Account 44,990

Credit Interest Income $990

Credit Notes Receivable $43,000

The amount collected is:

Cash collected

= $44,000 Amount lend + Interest Income

And

Interest Income

= Amount lend * Interest Percent * For the days / 360

= $44,000 * 9% * 90 / 360

= $990

Now putting the interest income value in the above equation, we have:

Cash collected

= $44,000 Amount lend + $990

= $44,990

So the cash is increase by $44,990 interest income increased is by $990 and the Note receivable is at amount issued which has been decreased by $44,000.

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3 0

2 years ago

Maker-Bot Corporation has 10,000 shares of 10%, $90 par value, cumulative preferred stock outstanding since its inception. No di

AleksandrR [38]

Answer:

D) $130,000

Explanation:

We can compute this by calculating the total dividends payable to preferred stock holders each year.

Dividends payable = 10,000 * 90 * 0.10 = $90,000

Since the shares are cumulative, the total preferred dividend payable at the end of third year is = $90,000 * 3 = $270,000

So common share in dividend = Total paid - Preferred dividend cumulative

Common Dividend share = 400,000 - 270,000 = $130,000

Hope that helps.

5 0

3 years ago

Which of the following pair of journal entries correctly records the current month's activity where the company had $21,030 in t

Lelechka [254]

Answer:

---------------------- - -------------------------------

Factory Payroll 21030

Cash 21030

---------------------- - -------------------------------

Goods in process 16200

Factory Overhead 4830

Factory Payroll 21030

---------------------- - -------------------------------

Explanation: The payment of the total labor factory costs must be recorded, we debit the "Factory payroll" cost account and credit the "cash" account as they were paid in cash.

Then we must allocate these costs to the production process, therefore we debit the "goods in process" account for the amount of <u>direct labor</u> consumed, and "factory overhead" for the amount of <u>indirect labor </u>consumed, and finally credit the account " Factory payroll " for the total.

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4 years ago

A local school administrator observes an increase in the number of flu cases in the public schools over the last two years. She

pshichka [43]

It should be noted that the failure to vaccinate some children isn an external cost. [See the attached graph]
The social cost curve is also indicated accordingly.
From an efficiency perspective, subsidizing vaccines <em>does</em> make sense because, without the subsidy, the equilibrium quantity is <em>less</em> than the socially optimal quantity.
The school nurse suggests publishing a list of which kids did not get a flu vaccine, in the hope that public shaming will lead people to vaccinate their children. The school nurse is hoping that social norms will act like a <em>punishment </em>and lead the market to a<em> socially efficient </em>
The flaws that the school nurse's suggestion have are:

People that feel passionate about not vaccinating are typically doing so for medical or religious reasons and will not sway to social norms or peer pressure. (Option B)

The school would potentially face a lawsuit because sharing protected health information (PHI), like immunization records, without parents' consent could be a violation depending on the regulations of the state. (Option C)

<h3>What is social Cost?</h3>

In neoclassical economics, the social cost is the total of the transaction's private costs plus the costs imposed on consumers as a result of being exposed to the process for which they are not rewarded or taxed.

In other words, it is the total of internal and external expenses.

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8 0

1 year ago