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nexus9112 [7]
1 year ago
15

foreign steel exports, a company based in brazil, colludes with other steel-export companies from around the world to agree on t

he price of steel sold in the u.s., which causes the price of steel in the u.s. to substantially increase. this type of agreement:
Business
1 answer:
Tanya [424]1 year ago
7 0

This type of agreement is a violation of the Sherman Act.

A piece of antitrust law from the United States, the Sherman Antitrust Act of 1890, established the idea of unlimited competition between companies. It was authorized by Congress, and its main author is Senator John Sherman. The Sherman Act forbids "any contract, combination, or conspiracy in restraint of trade," as well as "every monopolization, attempted monopolization, conspiracy, or combination to monopolize." In order to avoid monopolistic alliances that impede trade and erode economic competition, the Sherman Antitrust Act was created in 1890. It prohibits both formal cartels and attempts to monopolize any sector of American commerce.

To learn more about Sherman Act: brainly.com/question/2119756

#SPJ4

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Indicate which of the following costs should be expensed when incurred. (a) $13,000 paid to rearrange and reinstall machinery. s
jeka57 [31]

Answer:

A,B,D,E are cost which should NOT be expensed when incurred. While C is a cost which should BE expensed when incurred.

Explanation:

(a) $13,000 paid to rearrange and reinstall machinery. select an option. NO

(b) $200,000 paid for addition to building. select an option. NO

(c) $200 paid for tune-up and oil change on delivery truck. select an option. YES

(d) $7,000 paid to replace a wooden floor with a concrete floor. select an option. NO

(e) $2,000 paid for a major overhaul on a truck, which extends the useful life. NO

Therefore A,B,D,E are cost which should NOT be expensed when incurred. While C is a cost which should BE expensed when incurred.

6 0
3 years ago
What type of supply chain configuration is most appropriate if your organization needs to minimize inbound transportation costs,
pochemuha

Answer:

centralized suplly chain

Explanation:

Decentralize supply chain processes can be defined as processes that must be performed in the plant because they involve physical interaction with the material. There processes are the ones where the decision-making is ‘localized’.  It involves supply chain managers, planners, manufacturing teams, health and safety team and possibility trade management folks.

3 0
3 years ago
Current Attempt in Progress Incorrect answer icon Your answer is incorrect. Carla Willis will invest $34,700 today. She needs $1
Nitella [24]

Answer:

12.18%

Explanation:

Present value = $34,700

Future Value = $173,500

Time (n) = 14 years

Interest Rate = i

Future Value = Present Value * (1+i)^n

$173,500 = $34,700 * (1 + i)^14

(1 + i)^14 = $173,500/$34,700

(1 + i)^14 = 5

1 + i = 5^(1/14)

1 + i = 1.1218284

i = 1.1218284 - 1

i = 0.1218284

i = 12.18%

So, the annual interest rate she must earn is 12.18%.

4 0
3 years ago
Bundles of cedar shakes produced and sold 360,000 Sales revenue $ 2,412,000 Variable manufacturing expense $ 1,170,000 Fixed man
konstantin123 [22]

Answer:

0.343

Explanation:

Calculation for what The company's contribution margin ratio is closest to

First step is to calculate the Contribution margin using this formula

Contribution margin = Sales – Variable expenses

Let plug in the formula

Contribution margin= $2,412,000 – ($1,170,000 + $414,000)

Contribution margin= $2,412,000 – $1,584,000

Contribution margin= $828,000

Now let calculate the Contribution margin ratio using this formula

Contribution margin ratio = Contribution margin ÷ Sales

Let plug in the formula

Contribution margin ratio = $828,000 ÷ $2,412,000

Contribution margin ratio =0.343

Therefore The company's contribution margin ratio is closest to 0.343

4 0
2 years ago
Greg needed to earn some money to help pay for
son4ous [18]

It would depend on which Greg you are referring to.

<span>If it’s Greg from Cabin Fever, he needed more money to buy gifts.</span>

If it Greg from the Diary of a Wimpy Kid, he needed more money to buy food, more specifically cookies.

5 0
3 years ago
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