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grin007 [14]
2 years ago
13

all of the following is true about the national recovery administration, except: group of answer choices it paid farmers to redu

ce production. it was a compromise drawn from roosevelt's and his advisors' ideas. it implied a legal mandate for union organizing. its regulations made price-fixing unavoidable.
Business
1 answer:
Georgia [21]2 years ago
4 0

The National Recovery Administration did all of the above, with the exception of group of answer options where it paid farmers to cut back on production. It was a compromise that Roosevelt and his advisers came up with.

<h3>What is National Recovery Administration?</h3>

President Franklin D. Roosevelt of the United States established the National Recovery Administration as one of his top agencies in 1933. By bringing together business, labor, and the government to establish "fair practices" standards and set pricing, the administration aimed to end "cutthroat competition."

The National Industrial Recovery Act (June 1933), which gave the president the power to enact industry-wide rules designed to prohibit unfair trade practices, lower unemployment, set minimum salaries and maximum hours, and protect workers' rights to collectively negotiate, was not complete without the NRA.

In the end, the government created 208 additional codes and 557 basic codes that had an impact on nearly 22 million workers. Companies that adhered to the NRA rules were permitted to exhibit a Blue Eagle logo as a sign of their support for the NRA.

To know more about National Recovery System, visit:

brainly.com/question/614233

#SPJ4

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Stefan Ceramics is in the business of selling ceramic vases. It has two departments - molding and finishing. Molding department
lakkis [162]

Answer:

Explanation:

The journal entry is shown below:

Work in Process-Molding A/c Dr $3,000

     To Accounts Payable Control               $3,000

(Being the purchase and used production is recorded)

The computation of the purchase amount is shown below:

= Number of kgs purchased × price per kg

= 500 kgs × $60

= $3,000

The other information which is given is not considered. Thus, ignored it

6 0
3 years ago
When inventory costs are rising, a company may prefer to use the __________ method in the perpetual system in order to pay the l
mezya [45]

Answer:

LIFO (Last-in-last-out)

Explanation:

Last in last out is the method of inventory valuation where the unit that was added in inventory last would be sold first. In case, of rising prices, the unit added in inventory would cost more than the one added first. So, if LIFO is used in case of rising prices, cost of goods sold would be higher. If COGS is higher, income will fall, thereby reducing tax liability.

So, if the firm wants to pay lower taxes during price rise, it should opt for LIFO method to value inventory.

8 0
4 years ago
Which formula can you use to extract the month number from the date entered in cell F5 as July 8, 2016?
morpeh [17]

Answer: =MONTH(F5)

Explanation:

The MONTH function in Excel returns the month, a number from 1 (January) to 12 (December).

It’s syntax is;

“=MONTH(serial_number)”

Where serial number refers to the date in question, which could either be a date itself or a cell reference.

The MONTH function is used to extract the month number from a date.

If cell F5 contains “July 8, 2016”, the formula “=MONTH(F5)” inputed in another cell will give the value “7”.

This is because the month July is the 7th month of the year.

5 0
3 years ago
You would like to lock in the selling price on 50,000 bushels of wheat, which you plan to harvest and deliver to the market in S
sergij07 [2.7K]

Answer:

c. $449750.00.

Explanation:

1/8 of 10 lots of bushels of 5,000 per lot = 1.25

Therefore, the price quote of 899'4 cents is written as 899'4+1.25 = $8.995

Total value = Wheat(bushels) * Price Quote

Total value = 50,000 * $8.995

Total value = $449,750

8 0
3 years ago
Papau New Guinea has a trade deficit of $1500 billion, private savings of $3000 billion, and a government budget deficit of $300
Neporo4naja [7]

Answer:

$1,500 billion

Explanation:

Data provided in the question:

Trade deficit = $1500 billion

Private savings = $3,000 billion

Government budget deficit = $3,000 billion

Now,

The value of private investment will be

= Private savings + Trade deficit  - Government budget deficit

= $3,000 billion + $1,500 billion - $3,000 billion

or

The value of private investment = $1,500 billion

5 0
3 years ago
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