Quantity Demanded Price ($)

"tractor is a modern tool of agriculture".justify this statement with suitable example

Elenna [48]

Answer:

Tractors are the king among different farm equipment. They are the main workhorse of any modern farm. They provide the power and traction necessary to mechanize agricultural tasks. ... There are different types of tractors in the market, varying in size and capacity.

Explanation:

3 0

2 years ago

In ________ organizational cultures, more individuality is shown through the organization's rules being less strictly applied.

kap26 [50]

Answer:

weak

Explanation:

An organization's culture describe the behavior of an organization. It comprised of the beliefs and values that should be shared in the organization

In the case when there is a weak organization culture so here the rules of the organization should be less strictly followed instead of more strictly followed as it is a weak organization structure

Therefore the weak should be the term that should be applied in the current situation

3 0

3 years ago

The Canadian government decided to issue a consol (a bond with a never-ending interest payment and no maturity date). The bond w

zhenek [66]

Answer:

present value of perpetuity = $1111.11

present value of perpetuity = $588.23

if interest rate fall price go up and interest rate rise price go down

Explanation:

given data

bond pay = $50

solution

first we find present value of perpetuity for 6.5 % that is

present value of perpetuity = $\frac{cash flow}{discount}$ ..............1

present value of perpetuity = $\frac{50}{0.065}$

present value of perpetuity = $769.23

now present value of perpetuity for 4.5%

so from equation 1 we get

present value of perpetuity = $\frac{50}{0.045}$

present value of perpetuity = $1111.11

and

now present value of perpetuity for 8.5%

so from equation 1 we get

present value of perpetuity = $\frac{50}{0.085}$

present value of perpetuity = $588.23

so

here we know that current price of perpetuity & discount rate is inversely proportional

so current present value is find by divide cash flow by discount rate

here discount rate higher value of perpetuity

so if interest rate fall price go up and interest rate rise price go down

4 0

2 years ago

IBN has two manufacturing facilities, one in New York and one in Oklahoma. Marjorie has worked in the Oklahoma plant for 15 year

gtnhenbr [62]

Answer:

Yes, there is a violation of the Equal Pay Act because Hank's salary ($14 per hour) is higher than Marjorie's ($12 per hour).

Explanation:

The Equal Pay Act of 1963 basically establishes that no employer can pay a higher salary to an employee of one sex and pay a lower salary to an employee of the opposite sex. Theoretically this law protects both women and men, since the provision doesn't establish a specific sex that is protected.

In this case, it is OK for Ellen to earn a higher salary than Hank because she has more experience and she was transferred to the New York facility. But Hank shouldn't earn a higher salary than Marjorie because she is a more experienced worker.

This law doesn't consider the differences between Ellen's salary and Marjorie's.

3 0

3 years ago

On September 1, 2021, Triton Entertainment borrowed $24,000,000 cash to fund a new Fun Park. The loan was made by Nevada Bank. T

ryzh [129]

Answer:

1.

September 1, 2021 Cash $24,000,000 Dr

Notes Payable $24,000,000 Cr

2.

December 31, 2021 Interest Expense $960,000 Dr

Interest Payable $960,000 Cr

3.

May 30, 2022 Interest Expense $1,200,000 Dr

Interest Payable $1,200,000 Cr

June 1, 2022 Notes Payable $24,000,000 Dr

Interest Payable $2,160,000 Dr

Cash $26,160,000 Cr

Explanation:

1.

The issuance of note against cash results in a debit to cash and a credit to a liability in account for notes payable.

2.

The adjusting entry will be made in accordance to accrual principle that matches the revenues and expenses relating to a certain period and record them in their respective period. The interest on note for 4 months from September to December belongs to 2021 and will be recorded as an expense and a payable on 31 december.

The interest expense for 4 months is = 24000000 * 0.12 * 4/12 = $960000

3.

The interest for the remaining 5 months will be recorded on the last day of note on May 30.

The interest for 5 months is = 24000000 * 0.12 * 5/12 = $1200000

On June 1, the note and the interest payable on note both will be paid and will be debited to close them from the books and cash will be credited.

8 0

3 years ago