The largest trading partner of the United States is Canada ( both the top export market and the top supplier ) with total trade of 660,220 millions of US dollars for the last year.
China is on the 2nd place, Japan on the 4th and Germany on the 5th.
Answer:
A ) Canada
Answer:
Explanation:
The journal entries are shown below:
1. Cash A/c Dr $292,500
To Common Stock $78,000 (78,000 × $1)
To Additional Paid-in Capital in excess of par - Common Stock $214,500
(Being the issue of the stock is recorded and the balance remaining is credited to the additional paid-in capital account)
2. Cash A/c Dr $260,000 (2,500 shares × $104)
To Preferred stock $250,000 (2,500 shares × $100)
To Additional Paid-in Capital in excess of par - Preferred Stock $10,000
(Being the issue of the stock is recorded and the balance remaining is credited to the additional paid-in capital account)
3. Treasury stock A/c Dr $7,100
To Cash A/c $7,100
(Being the treasury stock is purchased for cash)
Answer:
What does the IRR rule say about whether you should accept this opportunity?
The IRR rule basically states that if the project's internal rate of return (IRR) is higher than the cost of capital (discount rate or WACC), then the project should be accepted. In this case, we are not given the company's WACC or any discount rate we can use, therefore there is nothing to compare the project's IRR against.
Based on prior experience, this project's IRR will not be very high and if we consider the cost of keeping the site clean forever, I really doubt that the project is profitable. If you calculate the project's IRR without including the perpetual cleaning cost, IRR = 11%.
If we assume any of the 3 WACCs I used as an example below, the project's IRR including cleaning costs:
- if WACC = 12%, then IRR = 9.26% REJECTED
- if WACC = 10%, then IRR = 8.98% REJECTED
- if WACC = 9%, then IRR = 8.79% REJECTED
- if WACC = 8%, then IRR = 8.54% ACCEPTED
In order for this project to be profitable, the WACC would need to be very low (around 8% or less).
Explanation:
cost of opening a new mine $120 million
annual cash flow $20 million
expected cleaning costs $2 per year in perpetuity
the cost of keeping the site clean forever = $2 million / discount rate or WACC:
- if WACC = 12%, then perpetual cost = $16.67 million
- if WACC = 10%, then perpetual cost = $20 million
- if WACC = 9%, then perpetual cost = $22.22 million
- if WACC = 8%, then perpetual cost = $25 million
Answer:
"Operant" conditioning
Explanation:
Operant conditioning involves learning through the use of rewards and punishment. A positive behavior is reinforced through rewards to cause it to be repeated, while a negative behavior is punished to prevent it from being repeated.
By reinforcing desired behaviors with tokens that can be exchanged for various treats, the token economy is practicing "operant" conditioning.
Answer:
The correct answer is (A) output will be too small and its price too high.
Explanation:
MONOPOLY PRICE: price that departs from the value or production price of a given merchandise. Economic way in which capitalist monopolies obtain super profits. The monopoly price is equal to the production costs plus the high monopoly gain. There are two types of monopoly prices: the high ones, to which the monopolies sell their production and the low ones, to the monopolies buying the raw material or products destined for reworking and for sale, especially in colonial and dependent countries. In order to keep monopoly prices on the market, capitalist monopolies: 1) hinder the free emigration of capital by preventing the competitor from lowering the monopoly price or establishing an agreement with him to maintain a certain price, 2) limit the The production of goods in the internal market, without certain reductions in production, not even the destruction of "surplus" goods, 3) uses the bourgeois state to protect the internal market against foreign competition by establishing high tariff rates. Monopoly prices do not eliminate the action of the law of value as a law of merchandise prices. What monopoly capital earns thanks to monopoly prices, is lost by workers in capitalist countries and also the popular masses of colonial and economically weak countries, from which monopolists, through non-equivalent exchange, derive huge profits. A certain portion of the monopoly price is part of the gain of the bourgeoisie that does not enter the monopoly group. In this way, the interests of different classes and groups of today's capitalist society intersect in the monopoly price. For this reason, the growth of high monopoly prices, as well as the reduction of low monopoly prices - a phenomenon that is observed endlessly - leads to the further sharpening of the class contradictions of imperialism.
