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stepladder [879]
3 years ago
6

Which of the following helped fuel economic growth by encouraging people to buy american goods? monopolies patents protectives t

ariffs
Business
1 answer:
Nataliya [291]3 years ago
7 0
Tariffs. monopolies allow companys to set the price at whatever they want and they are illegal in the U.S exept in certain cases, patents cause one person or group to have compleate rights over their invention and keeping anyone from using it without having to pay them money. i have no idea what it means by protectives but finally tariffs are a tax on foreign good making it cheaper to by goods from in this case america
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Currency $1,000 Checking Account Balances $2,000 Savings Account Balances $5,000 Small-Denomination Time Deposits $6,000 Non-Ins
LenaWriter [7]

Answer:

M1 = $3000

Explanation:

Below is the given values:

Given the currency = $1000

The balance of checking account = $2000

In order to find the M1, just add the balances of currency and balances of the checking account.

Thus M1 = Currency + Balance of checking account

M1 = 1000 + 2000

M1 = 3000

Therefore, the M1 = $3000

7 0
3 years ago
Your employer is trying to select from a list of possible capital projects. The projects, along with their cost and benefits, ar
den301095 [7]

Answer:

Project 1, 2 and 3 will be selected

Total NPV of these projects will be $2,190,000

Explanation:

Availability of capital = 1 million

Minimum 2 projects should be selected

Project 2 and 4 cannot be selected together.

Value of project =  NPV / Cost

P1 = 720,000 / 300,000 = 2.4

P2 = 780,000 / 260,000 = 3

P3 = 690,000 / 215,000 = 3.2

P4 = 700,000 / 240,000 = 2.9

P5 = 510,000 / 295,000 = 1.7

8 0
2 years ago
Return on sales for south drive is lower in year 2 than year 1 what expense is causing this lower?
sergey [27]

The correct answer is d: Interest Expense. The expense that is causing lower profitability is the Interest Expense.

The fee incurred by a business for borrowed cash is known as an interest expense. On the income statement, it is listed as a non-operating expense. It stands for the interest due on all borrowings, including bonds, loans, convertible debt, and credit lines. In essence, it is determined by multiplying the interest rate by the debt's outstanding principal. Instead of the amount of interest paid over the reporting period, interest expense on the income statement shows interest accrued during that time. While interest costs are tax deductible for businesses, they may not be in the case of an individual, depending on their jurisdiction and the purpose of the loan.

Since there are typically lags between interest accruing and interest paid, interest expense frequently appears as a line item on a company's balance sheet.

Comparative income statements for South Drive Company for Year 2 and Year 1 are given below.

................................................Year 2.......................... Year 1

Sales ....................................900,000 .......................500,000

Cost of goods sold ..........(432,000) ......................(240,000)

Gross profit on sales ........468,000 ........................260,000

Wage expense ..................(54,000) .......................(30,000)

Rent expense ....................(90,000) .......................(50,000)

Operating income .............324,000 ........................180,000

Interest expense............... (80,000)........................ (30,000)

Net income........................ 244,000 ..........................150,000

Return on sales for South Drive is lower in Year 2 than in Year 1. What expense is causing this lower profitability?

a. Cost of Goods Sold

b. Wage Expense

c. Rent Expense

d. Interest Expense

Learn more about interest expense here:

brainly.com/question/14185533

#SPJ4

6 0
2 years ago
Fido wants to buy a new car. He will need to get a car loan. Fido decides to wait for a few months until his credit history impr
Rom4ik [11]

your answer is: Fido's decision is sensible because the cost of the car loan should be less if his credit history improves.


4 0
3 years ago
Read 2 more answers
Astro Co. sold 20,500 units of its only product and incurred a $67,750 loss (ignoring taxes) for the current year as shown here.
maksim [4K]

Answer:

Break even point in dollar sales = $1,050,000

Explanation:

Break Even Point in dollar sales = Fixed Cost/ Contribution margin percentage

Contribution margin percentage = (Contribution margin/ Sales) X 100

Here we have for the year 2017

Contribution margin = $194,750

Sales = $779,000

Contribution margin percentage = ($194,750/$779,000) X 100 = 25%

Break even point in dollar sales = Fixed Cost $262,500/25%

= $1,050,000

3 0
3 years ago
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