1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MAXImum [283]
1 year ago
13

what was one argument made for the construction of the panama canal? responses it would result in lower tariffs on foreign goods

. it would result in lower tariffs on foreign goods. it would allow ships to move swiftly from the atlantic and the pacific in the event of a war. it would allow ships to move swiftly from the atlantic and the pacific in the event of a war. it would divert attention away from u.s. encroachment on canadian soil. it would divert attention away from u.s. encroachment on canadian soil. it would add an additional port of entry for immigrants coming to the u.s.
Business
1 answer:
Aliun [14]1 year ago
4 0

Based on a historical perspective the one argument made for the construction of the Panama Canal is that "<u>it would allow ships to move swiftly from the Atlantic and the pacific in the event of a war."</u>

<h3>The Construction of Panama Canal.</h3>

The construction of the Panama canal was done in 1914 and covers about 82 km of waterway in Panama that connects the Atlantic Ocean with the Pacific Ocean and splits up North and South America.

The Panama Canal construction was essential for the political economy of the United States it cuts across the Isthmus of Panama which serves as a conduit for maritime trade.

There are various reasons or arguments for the construction of the Panama canal.

<h3>The reasons for building the Panama canal are</h3>
  • It would prevent warfare among competing countries
  • It would lessen the distance, cost, and time it took for ships to carry cargo between the Atlantic and the Pacific Oceans
  • It would eliminate the danger of earthquakes in Nicaragua.

Hence, in this case, it is concluded that the correct answer is "<u>it would allow ships to move swiftly from the Atlantic and the pacific in the event of a war."</u>

Learn more about Panama Canal here: brainly.com/question/26573102

#SPJ1

You might be interested in
How do countries develop a comparative advantage over their trading
GrogVix [38]
A would be the correct answer
7 0
2 years ago
Read 2 more answers
What is a bank savings account?
solmaris [256]
 A bank savings account is one simplest type of bank account. It allows you to keep your money safely while earning through interest per month. Money in a savings account is useful for emergencies since they are insured. You also get a card which enables you to withdraw or deposit money into your account. Parent's usually take this type of account for their children for future purposes.
6 0
3 years ago
To assign overhead costs to each product, the company:_____.
mina [271]

Answer:

a. multiplies the activity-based overhead rates per cost driver by the number of cost drivers expected to be used per product.

Explanation:

Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

Generally, an activity-based costing uses multiple cost pools such as manufacturing cost or customer services and multiple cost drivers such as direct labor hours worked, number of changes used in engineering department, etc.

Cost pool is simply the amount of money spent by a firm on a particular activity.

Hence, to assign overhead costs to each product, the company multiplies the activity-based overhead rates per cost driver by the number of cost drivers expected to be used per product.

In activity-based costing, the activity rate for an activity cost pool is calculated by using the following formula;

Activity rate = total overhead cost/activity for the activity cost pool.

4 0
2 years ago
The Easy Pack Company includes one coupon having no expiration date with its deluxe snack pack. Upon return of 10 coupons, Easy
Alinara [238K]

Answer:

premium liability (coupon oustanding) $ 1,500

Explanation:

We will recognize a liablity based on expected coupon redemption of 10%:

Sold 1,000,000 deluxe snack = 1,000,000 coupon

from this we expect 10% will be redeem: 1,000,000 x 10% = 100,000

Then, calculate the cost that this coupon will generate:

Thre will be 100,000 redeem coupons which, every 10 is traded for a 1.50 silver chip clip:

100,000 / 10 x $ 1.50 = $ 15,000

For the sales of we have a premium liablity of 15,000

premium expense    15,000

          premium liaiblity            15,000

<u>We also purchase this silver chip clip:</u>

Premium Inventory 15,000

                Cash                   15,000

During the year, we adjust for the chips clips distributed:

9,000 x $ 1.50 = 13,500

This decreases both, the liablity and the premium inventory.

Premium Liability        13,500 debit

            Premium Inventory       13,500 credit

Adjusted year-end balance:

15,000 - 13,500 = 1,500

3 0
3 years ago
Axl will be borrowing $300,000 today to buy a house, and he will pay it back with 20 yearly payments starting one year from toda
Natalija [7]

Answer:

$28,317.88.

Explanation:

The annual payment, PMT can be determined using a financial calculator as follows :

PV =  $300,000

N = 20

P/YR = 1

R = 7.00 %

FV = $0

PMT = ?

Using a financial calculator, the annual payment, PMT is $28,317.88.

4 0
3 years ago
Other questions:
  • Connie stepped in to assist her friend Fred to conduct his research plan for his business. He is trying to see where he should o
    14·1 answer
  • What is the current standard used in law enforcement for compressing fingerprint images?
    12·1 answer
  • Maquoketa Services was formed on May 1, 2017. The following transactions took place during the first month.
    14·1 answer
  • Use a tabular summary to record the following transactions for Oriole Company using a perpetual inventory system. (a) On March 2
    5·1 answer
  • Sales revenue $900,000 Cost of goods sold 625,000 Sales discounts 30,000 Sales returns and allowances 15,000 Operating expenses
    11·2 answers
  • Suppose the price of a cup of coffee is $5, and at this price, the quantity supplied is 300 cups of coffee. Now suppose the pric
    8·1 answer
  • A client asks his accountant to ignore a mistake which overstated the accounts receivable account. The accountant decides that t
    5·1 answer
  • Lacey studied at Florida Atlantic University (FAU) for her bachelor's in business administration (BBA). Along the way, she took
    10·1 answer
  • If the price level is above the equilibrium price level, how does the aggregate quantity of goods and services demanded compare
    11·1 answer
  • 7. Constant growth rates One of the most important components of stock valuation is a firm’s estimated growth rate. Financial st
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!