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PIT_PIT [208]
3 years ago
11

n the 1930s, what caused Canada to respond by raising its tax on goods imported from the United States? the Glass-Steagall Act t

he drop in the gold standard the global depression the Hawley-Smoot Tariff
Business
1 answer:
Misha Larkins [42]3 years ago
3 0
In the 1930s Canada decided to raise taxes on goods imported in the United States in retaliation for the high tariffs that were created by the Hawley-Smoot Tariff. The Hawley-Smoot Tariff raised tariffs on nearly 20,000 imported goods to the United States to extremely high levels. This policy was put in place in an effort to protect American jobs following the Great Depression, but instead closed the U.S. economy off to the global market most likely hurting the American economy further. 
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A bond has a face value of $1,000, a coupon of 5% paid annually, a maturity of 34 years, and a yield to maturity of 8%. What rat
Lyrx [107]

Answer:

- 3.21%

Explanation:

In this question, we use the PV formula which is shown in the spreadsheet.  

The NPER represents the time period.

Given that,  

Future value = $1,000

PMT = 1,000 × 5% = 50

NPER = 34 years -  1 year =  33 year

Rate of interest = 9%

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the present value would be $581.42

Now the return would be

=  Sale price + interest - purchase price

= $581.42 + $50 - $652.39

= -$20.97

And, the total return would be

=  Return ÷ purchase price

=  -$20.97 ÷ $652.39

= - 3.21%

5 0
3 years ago
Companies A and B each have the same level of total assets, the same tax rate, and the same earnings before interest and taxes (
anygoal [31]

Answer:

a.Company A has a lower return on assets (ROA).

c.Company A has a lower times interest earned (TIE) ratio.

That is options a and c

Explanation:

For company A to have high debt ratio means it has a higher debt which will reduce earnings. Company A's earnings will be less than Company B's.

ROA= Net income/Total assets

Since Company A's income is less than Company B's ROA for Company A will be less than that for Company B.

TIE = Earnings before Interest and Tax/Interest

Due to higher debt of company A it's interest will be higher resulting in low TIE.

5 0
4 years ago
Bob's Boats uses job costing. They use direct labor hours as a basis for allocating overhead costs to jobs. Given the following
Anton [14]

Answer:

Bob's predetermined overhead rate = 9.91

Explanation:

Calculation for predetermined overhead rate

Predetermined overhead rate = Estimated (Budgeted) Overhead Expense / Estimated Direct Labor Hours

Predetermined overhead rate = 110917 / 11198

Predetermined overhead rate = 110.917 / 11.198

Predetermined overhead rate = 9.91

8 0
3 years ago
What job can you get with health science degree?
nirvana33 [79]
Graduates who majored in health sciences have<span> many </span>career<span> options from which to choose. Potential areas of </span>employment<span> for graduates include marketing, management, and education. Some of the </span>career options may include medical laboratory technician, physical therapist, and diagnostic medical technologist.

Hope this helps!
4 0
3 years ago
Claire and Don are farmers who produce beef and corn. In a​ year, Claire can produce 20 tons of beef or 100 bushels of corn. In
ozzi

Answer:

Claire produces beef and Dag produces corn

Explanation:

Based on the information provided within the question I think it is safe to say that in order to maximize their total output Claire produces beef and Dag produces corn. This is because Claire's beef to corn ratio is 1:5 while Dag's is 1:6 therefore Claire's beef production is more efficient than Dag's, while Dag's corn production is more efficient than Claire's. Which is why each one should focus on what they are best at.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
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