Pleistocene is the subdivision of geologic time that does not belong with the others.
The Pleistocene period is referred to as a geologic time period which includes the last ice age, when glaciers covered huge parts of the globe. During the Pleistocene the most recent episodes of global cooling, or ice ages, took place.
Pleistocene period was also characterized by the presence of distinctive birds and the large land mammals. During the Pleistocene period, mountain glaciers formed on all the continents and vast glaciers.
Thus, Pleistocene is known to be the subdivision of geologic time which does not belong with the others.
Hence, option C is correct.
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Answer:
1. Companies using FIFO will report the highest gross profit and net income.
2. Companies using FIFO will report the smallest cost of goods sold.
3. Weighted average cost of goods sold will be between FIFO and LIFO costs of goods sold.
4. Companies using FIFO will pay higher taxes than companies using LIFO, assuming all else being equal.
Explanation:
If costs are rising, companies using FIFO will report higher profits simply because they calculate cost of goods sold based on the oldest products which were purchased at a lower cost.
FIFO and LIFO costs will be the extreme points, FIFO showing lowest costs while LIFO will result in the highest costs, while the weighted average will be in between.
Since companies using FIFO report higher profits, they will have to pay more taxes.
The answer to this question is <span>both the equilibrium price and quantity will rise
For substitutes, the movement of price usually really similar. In this case, when the price for butter rises, margarine suppliers will see this as an opportunity to increase the profit by also increasing the price of their products which will also increase the quantity equilibrium</span>
Answer:
IRR = 5.05%
Explanation:
Internal rate of return (IRR) refers to the interest rate that makes the net present value (NPV) both the positive and negative cash flows of an investment equal zero.
See the two attached, an excel file and a photo file, for the calculation and further explanation. Note that the two files contain the same information but they are both attached to ease learning.
Answer:
B. The Sherman Act allows the US government to regulate activities that restrain competition and trade
Explanation:
The Sherman Antitrust Act of 1890 was first legislation enacted by US congress. It was brought into force to regulate competition and trade among enterprises. This act prohibits agreement in restraint of trade or interference of power in trade like price fixing, bid rigging, etc.
The Sherman Act did not work for long as it restrict the business merger and people are confused about knowing the motive of the act as it is not designed properly.
