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kotykmax [81]
2 years ago
6

Tax on imported goods used by governments to reduce imports and protect domestic industries. T/F

Business
1 answer:
Tom [10]2 years ago
7 0

Answer:

True

Explanation:

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On January 1 of the current reporting year, Coda Company's projected benefit obligation was $29.4 million. During the year, pens
Sav [38]

Answer:

The amount of the projected benefit obligation at December 31 was  $ 38.34 million

Explanation:

According to the given data, we have the following:

Beginning PBO= $29.4 million

Service cost= $9.4 million

The actuary's discount rate was 10%, hence Interest cost (10% x $29.4 million)= $2.94 million

Also, there is a Loss (gain) on PBO=$0 , and pension benefits paid by the trustee were $3.4 million.

Therefore, to calculate the amount of the projected benefit obligation at December 31 we would have to use the following formula:

Ending PBO=Beginning PBO+Service cost+Interest cost-pension benefits

                   =$29.4 million+$9.4 million+$2.94-$3.4 million

                   =$38.34 million

4 0
3 years ago
Perfect competition is a market in which there are​ _____ firms, each selling​ _____ product; many​ buyers; _____ to the entry o
Yuki888 [10]

Answer:

Many

Homogenous

There are no barriers

Have perfect knowledge

Explanation:

A perfect competition is characterised by many buyers and sellers of homogenous goods. Because there are many sellers of homogenous goods, firms are price takers.

Because there are no barriers to entry, in the long run, firms earn zero economic profit.

Because buyers and sellers have perfect knowledge of prices, price arbitrage isn't possible.

I hope my answer helps you.

7 0
3 years ago
on august 1, paid $72,000 cash to purchase houtte's 9%, six-month debt securities ($72,000 principal), dated august 1.
Kitty [74]

Here short term investment is debited as it increased the asset and credited the cash as decreased the asset.

here cash is debited as it increased the asset and credited the interest revenue as it also increased the revenue.

What Are Short-Term Investments?

  • Marketable securities, commonly referred to as temporary investments or short-term investments, are financial investments that can be quickly converted to cash, usually within five years.
  • After only three to twelve months, many short-term investments are sold or turned into cash. CDs, money market accounts, high-yield savings accounts, government bonds, and Treasury bills are a few typical examples of short-term investments.
  • Short-term investments, also known as marketable securities or temporary investments, are financial investments that can be easily converted to cash, typically within 5 years.
  • Typically, these investments are high-quality and highly liquid assets or investment vehicles.
  • Short-term investments may also specifically refer to financial assets of a similar kind, but with a few additional requirements, that are owned by a company.

To know more about Short-term investment visit:

6 0
1 year ago
You are the manager of a fertility clinic and you need to purchase an Ultrasound for the providers. The equipment's acquisition
Elena-2011 [213]

The supervisor bought Ultrasound for the company, so his month-to-month bills will be $5200.

<h3>What is an easy hobby? </h3>

Simple interest is a short and smooth approach to calculating the interest rate on a loan. Simple interest is calculated by multiplying the daily interest fee by the number of days between bills.

This kind of interest generally applies to car loans or short-term period loans, despite the fact that a few mortgages use this calculation approach.

When you're making a charge on an easy interest loan, the charge first goes towards that month’s interest, and the rest goes towards the foremost.

Each month’s interest is paid in full, so it by no means accrues. In contrast, compound interest provide a number of the month-to-month interest lower back onto the loan; in every succeeding month, you pay for a new interest on the vintage interest.

The formulation for an simple interest is pretty, well, easy:

  1. Simple Interest = PxIxN, where P denotes the principal and I denotes the daily interest fee. N = Number of days between bills "Simple" interest" generally applies to car loans or short-term non-public loans.

In the U.S., maximum mortgages on an amortization schedule are also easy interest loans, despite the fact that they are able to genuinely experience compound interest ones.

Learn more about Simple interest, refer to:

brainly.com/question/22621039

#SPJ1

5 0
1 year ago
Piazza, a pedestrian, was injured when struck by a vehicle driven by Delaney, who ran a stop sign. At the time of the accident,
Ghella [55]

Answer:

Piazza should sue DGA Corporation because he (or she?) was struck by a company vehicle and the driver was acting within the scope of his normal employment tasks. Piazza might also sue Delaney along with DGA, since DGA is a small corporation and as a corporation is considered a separate legal entity whose shareholder equity might be really low.  

Piazza can sue for compensatory damages including pain and suffering, medical bills and lost wages.

6 0
3 years ago
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