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Ivenika [448]
3 years ago
14

Which of the following most accurately describes an impact of the Navigation Acts? a. Wages of Southern plantation owners increa

sed. b. Wages of New England sailors increased. c. Wages of wheat farmers in the Middle Colonies increased.
Business
1 answer:
stiks02 [169]3 years ago
6 0

Answer: b. Wages of New England sailors increased.

Explanation: The Navigation Act essentially increased the wages of New England sailors for by this act, British trade expanded and trades by British colonies with countries that were rivals of Great Britain were limited. This translates to more money since the volume of trades increased significantly, much more than they usually handle since these movements were also restricted to the use of British ships only.

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You sold a put contract on EDF stock at an option price of $.50 and an exercise price of $21. Today, EDF stock is selling for $2
andreyandreev [35.5K]

Answer:

-$50

Explanation:

Calculation to determine your total profit on this investment

Total profit = 1 × 100 × ($.50 - $21+ $20)

Total profit = 100×(-$0.5)

Total profit = -$50

Therefore your total profit on this investment is -$50

7 0
3 years ago
Hot Wok Cuisine is a premium Asian restaurant chain that differentiates itself from a large number of competitors by providing e
eduard

Answer: monopolistically competitive industry

Explanation:

Based on the above information, Hot Wok Cuisine is most likely operating a monopolistically competitive industry.

This is a type of industry whereby the firm's make their own pricing and output decisions. There are large number of competitors, but the products that they sell are slightly different from one another. Also, there some entry barriers.

We can infer that the restaurant differentiates itself from a large number of competitors by providing exclusively organic Chinese cusine and there are entry barriers.

7 0
3 years ago
Care facilities are expensive. Your mother wants a single room with her own bath-room. The annual estimated cost is $100,000, bu
Shtirlitz [24]

Answer:

$3,384.31

Explanation:

first of all we must determine how much money do you need to pay for 3 years of the facility:

PV = $100,000 x 2.6730 (PV annuity factor, 6%, 3 periods) = $267,300

if your mother does not invest more money, she will have $200,000 x (1 + 6%)⁴ = $252,495

this means that your mother will be $267,300 - $252,495 = $14,805 short

her annual contribution = $14,805 / 4.3746 (FV annuity factor, 6%, 4 periods) = $3,384.31

8 0
3 years ago
The following are nine technical accounting terms introduced or emphasized in this chapter. Responsibility margin Transfer price
Ostrovityanka [42]

Answer: Please refer to Explanation

Explanation:

The terms will be listed in bold at the end of the statement. If you require further clarification please do comment.

a. The costs deducted from the contribution margin to determine the responsibility margin. TRACEABLE FIXED COSTS.

b. Cost to produce plus a predetermined markup. COST-PLUS TRANSFER PRICE

c. Fixed costs that are readily controllable by the manager. NONE

d. A subtotal in a responsibility income statement, equal to responsibility margin plus committed fixed costs. PERFORMANCE MARGIN.

e. The subtotal in a responsibility income statement that is most useful in evaluating the short-run effect of various marketing strategies on the income of the business. CONTRIBUTION MARGIN.

f. The subtotal in a responsibility income statement that comes closest to indicating the change in income from operations that would result from closing a particular part of the business. RESPONSIBILITY MARGIN.

g. The amount used in recording products or services supplied by one business unit to another. TRANSFER PRICE.

5 0
3 years ago
Widget Co has a market capitalization of $ 100M. It does a 5-for-1 stock split. It then does a 1- for-25 reverse stock split. Fi
photoshop1234 [79]

Answer: $100M

Explanation:

This is a bit of a trick question but when you come into contact with such questions remember this, stock splits do not change the total Market Capitalization. Market Cap is the total cash value of the company's stock in the market. A split would increase the number of shares outstanding but the market cap will remain the same because the shares will decrease in value.

7 0
4 years ago
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