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Novay_Z [31]
3 years ago
10

Brinley says that "Gas prices are rising because there aren't enough oil refineries." Katie argues that "Gas prices are rising b

ecause of the growing demand for gasoline from China and India." We can conclude that:
A. Brinley's statement is positive; Katie's statement is normative.
B. Brinley's statement is normative; Katie's statement is positive.
C. Both statements are positive.
D. Both statements are normative.
Business
1 answer:
sesenic [268]3 years ago
7 0

Answer:

C. Both statements are positive.

Explanation:

A normative statment is a statement that expresses value judgements and cannot be tested using available information. They are usually subjective.

A positive statement is an objective statement that can be tested.

I hope my answer helps you

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Which of the following refers to a form of protectionism that stipulates a certain proportion of a product must consist of compo
galina1969 [7]

Answer:

D. Local content Rules

Explanation:

Local content rules/requirements emphasize that a certain proportion of a product be manufactured from locally supplied components as opposed to imported inputs in the host country. The aim of this is to safeguard and promote employment in domestic country, promote the growth of domesatic industries, and facilitate technological advancement in these industries and in the economy as whole.

4 0
3 years ago
Casey Motors recently reported net income of $55 million. The firm's tax rate was 40.0% and interest expense was $19 million. Th
nadezda [96]

Answer:

$31.76 million

Explanation:

Economic Value Added is the residual wealth left for shareholders after having accounted for the financing needs of the company as shown by the formula below:

EVA=NOPAT-(WACC*invested capital)

NOPAT is the net operating profit after tax =operating profit(EBIT)*(1-tax rate)

Net income=Earnings before tax*(1-tax rate)

net income= $55 million

EBT=unknown

tax rate=40.0%

$55=EBT*(1-40.0%)

$55=EBT*0.60

EBT=$55/0.60

EBT=$91.67

EBIT=EBT+interest

EBIT=$91.67+$19

EBIT=$110.67

NOPAT=$110.67*(1-40%)

NOPAT=$66.41

WACC=9.0%

perating capital employed=$385

EVA=$66.41-(9.0%*$385)

EVA=$31.76 million

operating capital em

3 0
3 years ago
a manufacturing company has been facing codification challenges caused by fluctuating levels of stock.stores departments must ma
Dima020 [189]

The key considerations that should be made when choosing the most suitable type of stock is to control the stock.

<h3>What should the company control stock?</h3>

When stock is controlled it ensures that there is materials or resources available enough for production.

It includes adequate monitoring of the stock level to ensure sustainability through details inventory and monitoring.

Therefore, the key considerations that should be made when choosing the most suitable type of stock is to control the stock.

Learn more on stock below

brainly.com/question/690070

#SPJ1

4 0
2 years ago
The structures, processes, and systems that develop, leverage, and transfer knowledge are called resource management.
Diano4ka-milaya [45]

Answer:

The correct answer is (B) False. It is called Knowledge management.

Explanation:

Knowledge implies recognizing all the structures and divisions of the organization, in order to seek improvement over time. In this sense, in their normal course, companies have a series of their own dynamics that are produced thanks to the interaction of their departments, which are improved, used and transferred in a way that allows the proper functioning of the organization as a whole.

5 0
4 years ago
Net income was $240,000 for the year. Throughout the year the company had outstanding 12,000 shares of 6%, $50 par value preferr
bekas [8.4K]

Answer:

Basic earnings per share of common stock for the year were 272 cents

Explanation:

Basic earnings per share = Earnings Attributable to Shareholders of Common Stock/Weighted Average Number of Common Stock in Issue during the year

<u>Calculation of Earnings Attributable to Shareholders of Common Stock :</u>

Net income for the year                                                               $240,000

Preference Dividends on Preferred Stock (12,000× $50×6%)   ($36,000)

Earnings Attributable to Shareholders of Common Stock         $204,000

Therefore Basic earnings per share = $ 204,000/ 75,000 shares of common stock

                                                            = 272 cents

4 0
3 years ago
Read 2 more answers
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