They can import and then industrialize.
Answer:
WDF Inc. is correct. From the fact that JLG Architectural Products and East Coast Window Installers Inc. were partners in the window installation subcontract, they should be jointly and severally held liable for any liability arising from the window installation project unless they have contrary agreements clearly differentiating their liabilities in the partnership.
Explanation:
WDF Inc. = main contractor
JLG Architectural Products = subcontractor and partner to East Coast
East Coast Window Installers Inc. = subcontractor and partner to JLG
JLG Architectural Products and East Coast Window Installers Inc have formed a partnership when they come together to form a business or execute a business transaction jointly. A joint venture is a kind of partnership.
We can use the PV of perpetuity formula as the dividends will be paid for the infinite period of time. But we need to do a small adjustment for floatation cost. Following formula can be applied:
Cost of preferred stock = Annual Dividend / (Price x (1- flotation cost %))
= 8.50 / ( 97.50 x (1- 0.04))
= 8.50/93.60
= 9.08%
Answer:
Transfer price would be $ 20 less profit part = $ 13
Explanation:
Is necessary to deduct the 35% of the price.
As there is no outside market for the component, and part is normally sold at price of $20, which includes profit.
Hence transfer price would be $ 20 less profit part = 13
In the federal budget, national parks and federal prisons are examples of mandatory spending.
<h3>What is meant by mandatory spending?</h3>
All spending that does not occur through appropriations legislation is referred to as mandatory spending. Spending that is necessary includes payments for entitlement programs like Social Security and Medicare as well as required interest payments on the nation's debt. About two-thirds of all federal spending is accounted for through mandatory spending.
Major budgetary trends are significantly influenced by mandatory spending. As more people become eligible for required programs like unemployment insurance and income security programs during economic downturns, government revenues decline and spending rises, leading to an increase in deficits or a decrease in surpluses.
Spending on entitlement programs and a few other payments to individuals, companies, and state and local governments are examples of mandatory or direct spending. Ordinarily, mandatory spending is not determined by annual appropriation acts but rather by statutory requirements.
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