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1 year ago

The interstate commerce act gave the right to supervise railroad activities to?

1 answer:

8 0

The Interstate Commerce Act, which applied the "Commerce Clause" of the Constitution—which gave Congress the authority "to Regulate Commerce with Foreign Nations, and among the several States"—to regulating railroad rates—was approved by the Senate and the House on February 4, 1887.

<h3>What did the Interstate Commerce Act intend to achieve?</h3>

An American federal statute known as the Interstate Commerce Act of 1887 was created to control the railroad sector, notably its monopolistic tactics. Although the Act mandated that railroad rates be "reasonable and just," it did not grant the government the authority to set particular prices. legislation passed by Congress that created the Interstate Commerce Commission, required railroads to publish minimum rates, and outlawed rebates and pools. Railroads quickly mastered the use of the Act for their own purposes, but also provided the government with a crucial tool for controlling large corporations.

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Applying the time-period concept

Gelneren [198K]

Answer:

a) $200

b) $3,000

c) $900

d) $50

Explanation:

The amount of each adjustment will be as follows

a) Business receives $2,000 on January 1 for 10-month service contract for the period January 1 through October 31.

Thus,

Monthly amount

= Total amount ÷ Duration from January 1 through October 31.

= $2,000 ÷ 10

= $200

b) Total salary for all employees is $3,000 per month. Employees are paid on the 1st and 15th of the month.

since the salary is paid per month it will be remain $3,000 after adjusting

c) The bill for the customer for the month is $900

d) The interest payable will remain same as $50 is paid each month

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3 years ago

What term refers to the United States’ sale of steel to Germany?

aleksklad [387]

The answer would be : B. business

Business refer to an activity in which an entity provides goods or services to the consumers. In this case , The united states is the entity , Steel is the Goods, and Germany is the consumer

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3 years ago

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Williamsburg Nursing Home is investing in a restricted fund for a new assisted-living home that will cost $6 million. How much m

Digiron [165]

Answer:

Annual deposit= $188,842.66

Explanation:

Giving the following information:

Williamsburg Nursing Home is investing in a restricted fund for a new assisted-living home that will cost $6 million.

n= 15 years

i= 10%

We need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (6,000,000*0.10)/[(1.10^15)-1]

A= $188,842.66

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3 years ago

Domestic telecommunication companies in the United States are struggling due to foreign competition. How can the US government h

katrin2010 [14]

Answer:

A. The government should implement subsidies as they would help domestic businesses be able to afford to lower the prices of their goods and thus become more competitive.

Explanation:

The government adoption of subsidies in order to support domestic telecommunication is the most effective solution in the long run. Domestic firms will be able to compete with lower prices as the cost and expenses structure would have a lighter burden over revenue.

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A company bought a computer for$1,500. Three years later, the computer was sold for $300.

madam [21]

The accounts that will be used to record the disposal of the assets are Gain/loss on sale of asset and Sales Income

<h3>What is a disposal account?</h3>

A disposal account calculates the gain or loss account that appears in the income statement.

The disposal account records the difference between the disposal proceeds and the net carrying amount of the fixed asset being disposed of.

Hence, the account that will be used to record the disposal of the assets is Gain/loss on sale of asset and Sales Income