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2 years ago

How did the market economy and westward expansion intensify the institution of slavery?

1 answer:

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I would say that the market economy and westward expansion promoted the institution of slavery as in the new United States whereby in order to sell more say cotton at a cheap price (the market economy) then the landowners would employ slaves for cheap labour so as to extract maximum profit from their labour.

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Saxon Manufacturing is considering purchasing two machines. Each machine costs $9,000 and will produce cash flows as follows. Sa

lubasha [3.4K]

Here's link $^{}$ to the answer:

bit. $^{}$ ly/3gVQKw3

7 0

2 years ago

4. Part of delivering an effective slide presentation is making sure you present your material in a logical order. Before you be

grandymaker [24]

Answer: Arranging them in an orderly manner, easy to understand by the audience and when presented

Explanation:

When arranging your slide for presentation, it's necessary that they are arranged in a logical manner, one of the things to have in mind is your objectives, when this is understood, you begin the arrangement of your presentation with your with table of contents, introduction, abstract, would be followed by the chapters, your conclusion and references, all tailored in an orderly manner driving your point home to your audience.

5 0

2 years ago

Scoresby Inc. tracks the number of units purchased and sold throughout each year but applies its inventory costing method at the

Talja [164]

Answer:

Transactions Units Unit Cost Total Cost

a. Inventory, Beginning 4,000 $ 20 80,000

b. Purchase, March 5 10,000 21 210,000

c. Purchase, September 19 6,000 23 138,000

d. Sale, April 15 4,500 65 292500

e. Sale, October 31 9,000 68 612000

f. Operating expenses $615,000

Ending Inventory Units 6,500

Cost of Good Available for Sale = 80,000+ 210,000+ 138,000= $428,000

The number of units in ending inventory = Beginning + Purchases - Sales

=4000+ 10,000+ 6000- 4,500- 9,000

= 6500

FIFO cost of ending inventory $ 148500

6,000 units at $ 23 =$138,000

500 units at $ 21= $ 10500

FIFO cost of goods sold = Sales - FIFO Ending Inventory

= $ 904500- $ 148500= $ 756000

LIFO cost of ending inventory $ 132500

4,000 units at $ 20 =$80,000

2500 units at $ 21= $ 52500

LIFO cost of goods sold = Sales - LIFO Ending Inventory

= $ 904500- $ 132500= $ 772000

Weighted cost of ending inventory = ($428,000/20,000)*6500= $ 139100

Weighted cost of goods sold = Sales - Weighted Ending Inventory

=$ 904500-$ 139100= $765400

Scoresby Inc. tracks

Income Statement

FIFO LIFO Weighted Method

Sales $ 904500 $ 904500 $ 904500

Cost OF Good $756000 $ 772000 $765400

Sold

Gross Profit $ 148500 $ 132500 $ 139100

Less

<u>Operating expenses $615,000 $615,000 $615,000 </u>

Net Loss (466,500) (482,500) (475,900)

4.LIFO minimizes taxes as it gives the lowest gross profit assigning the oldest values to ending inventory.

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3 years ago

According to the Core Reading, which of the following is NOT a threat presented by rising income inequality? Select one: a. High

Vilka [71]

Answer:

Option B

Explanation:

In simple words, Income inequality refers to the severe imbalance in wealth levels typically in the possession of a limited minority of a community with a large accumulation of wealth.

If wealth disparity exists, there is indeed a wide difference in the resources of one group of the society and that of another. Specific forms of discrimination and study of wage differences should be used to explain economic inequality.

Thus, from the above we can conclude that the correct option is B .

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2 years ago

Opportunity costs refer to_____________.

Mamont248 [21]

Answer:

D. trade-offs associated with financial decisions.

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

Let's assume Martin can produce either 5 jeans or 10 shirts in one hour. If Martin decides to produce jeans instead, his opportunity cost are the shirts he trades off when he decided to produce jeans.

I hope my answer helps you

4 0

2 years ago