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Alchen [17]
1 year ago
9

In addition to the consumer product safety commission, the two federal agencies that play the most active role in protecting the

public from unsafe products are the:_____.
Business
1 answer:
Ad libitum [116K]1 year ago
5 0

In addition to the consumer product safety commission, the two federal agencies that play the most active role in protecting the public from unsafe products are the Treasury Department, the Commerce Department, and the Office of the U.S. Trade Representative.

The U.S. Consumer Product Safety Commission is an independent federal regulatory agency that was created by Congress in the Consumer Product Safety Act. The Consumer Product Safety Commission protects the public from unreasonable risks of serious injury or death from thousands of types of consumer products under its jurisdiction, including products that pose a fire, electrical, chemical, or mechanical hazard or can injure children.

Enforcing standards and issuing recalls or repair orders when necessary. Conducting independent research on potential hazards. Responding to consumer inquiries and complaints regarding specific products.

Learn more about federal agencies there:- brainly.com/question/9354369

#SPJ4

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1. What is the maturity value of P12,500 if it is invested at 15% simple interest for 250 days using ordinary interest?
hram777 [196]

Answer:

$13,784.25

Explanation:

Simple interest = P x R x T

(P12,500 x 15 × 250) / 100 × 365 = $1284.25

Value = $1284.25 + P12,500 = $13,784.25

I hope my answer helps you

8 0
3 years ago
Money is always based on a precious metal like gold or silver. anything that is generally accepted in payment for goods and serv
Natali [406]

Answer: Option(B) is correct.

Explanation:

Money is a term or instrument that is generally used in making transaction of goods and services. Individuals use money as a medium of exchange, unit of value and for making standard deferred payments. It is easy to store money. We can easily measure the value of goods and services in terms of money. Now days, money is normally utilized as a medium of exchange.

5 0
3 years ago
Taxpayer L has income of $55,000 from Norway, which imposes a 40 percent income tax, and income of $45,000 from France, which im
saveliy_v [14]

Answer:

The amount of the foreign tax credit is $52,500

Explanation:

Given:

Income from Norway = $55,000

Income tax in Norway = 40%

Income from France = $45,000

Income tax in France = 30%

Taxable income from U.S. sources = $200,000

U.S. tax liability = $105,000

Tax paid in Norway = $55,000 × 40% = $22,000

Tax paid in France = $45,000 × 30% = $13,500

Foreign tax credit = (Net foreign income ÷ U.S. taxable income) × U.S. tax liability

= ($100,000 ÷ $200,000) × $105,000

= $52,500

3 0
3 years ago
On January 1, 2019, Brooks, Inc., borrows $90,000 from a bank to purchase machinery. Brooks signs a 5 percent installment note r
klasskru [66]

Answer:

A Journal entry for Brooks Incorporation on January 1, 2019 which is shown below

Explanation:

Solution

Given that:

           JOURNAL ENTRY FOR BROOKS INCORPORATION

Date               General Journal Debit Credit

Jan 01 2019                Cash        90000

                               Notes Payable          90000

Thus

A Journal entry was recorded for Brooks Incorporation.

Here, the cash of $90,000 was recorded at the debit side of the Journal.

While the notes payable of $90,000 was also recorded on the credit side

7 0
3 years ago
On October 1, year 14, Park Co. purchased 200 of the $1,000-face-value, 10% bonds of Ott, Inc., for $220,000, including accrued
lana [24]

Answer:

Bond receivable - Ott Inc 200,000

Premium on B.R Ott Inc       14,400

Interest receivables             10,000

Net:                                     224,400

Explanation:

As Park Co uses straight line method, we don't have to solve for the present value of the bond we directly label the difference between cost and face value as premium or discount accordingly. Premium when above and discount when lower.

accrued interest:

200 bonds x $1,000 each x 10% x 3/12 = 5,000

220,0000 cost - 5,000 interest - 200,000 face value = 15,000 bond premium

Balance at December year 15:

the interest payable will be for the entire period:

200,000 x 10% / 2 = 10,000

the premium will be amortized for 3 month.

and it has outstanding 75 month to mature from October 1st

15,000 x 3 / 75 months = 600

carrying value 15,000 - 600 = 14,400

8 0
3 years ago
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