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Step2247 [10]
3 years ago
12

________ is/are an example of a recession-sensitive industry, while ________ is/are an example of a recession-proof industry.

Business
1 answer:
frozen [14]3 years ago
4 0
Air travel  is/are an example of a recession-sensitive industry, while toiletries is<span>/are an example of a recession-proof industry.
A product could be  considered as a recession-proof indutry if people keep wanting to buy it every time, such as foods, clothings, Housing, and school/teaching</span>
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Diggin Tools just issued new preferred stock, which sold for $85 in the stock markets. Holders of the stock will receive an annu
lys-0071 [83]

Answer:

c. 11.70 percent

Explanation:

The computation of the cost of preferred stock is shown below:

= Annual dividend ÷ Sale price of preferred stock × (1 - flotation cost)

= $9.35 ÷ $85 × (1 - 6%)

=  $9.35 ÷ $79.9

= 11.70%

We ignored the marginal tax rate i.e 30%. In the case of preferred stock, the flotation cost would be deducted. We consider all the things that are given in the question

3 0
3 years ago
Marin Company in its first year of operations provides the following information related to one of its available-for-sale debt s
KonstantinChe [14]

Answer:

Explanation:

Available for sale securities are required to be reported at fair value.

Hence the difference between amortized cost and fair value is required to be transferred to other comprehensive income.

The amount of credit loss that Marin should report on this available for sale security at 31-12-2020

= $52,000 - $44,000

= $8,000

8 0
2 years ago
Market competition is described as a:
podryga [215]

Answer:

Survival of the fittest

Explanation:

Survival of the fittest, term made famous in the fifth edition (published in 1869) of On the Origin of Species by British naturalist Charles Darwin, which suggested that organisms best adjusted to their environment are the most successful in surviving and reproducing. Darwin borrowed the term from English sociologist and philosopher Herbert Spencer, who first used it in his 1864 book Principles of Biology. (Spencer came up with the phrase only after reading Darwin’s work.)

3 0
2 years ago
Read 2 more answers
Which of the following reasons does not contribute to a higher level of unemployment?
Mandarinka [93]
Hi there!

The answer is A) A lack of labor mobility as people choose to remain in their hometown. 

Unemployment is a complex issue, here are the reasons why the other options increase unemployment:

-Reduction in Union bargaining activities would increase unemployment because employers wouldn't have as many restrictions to reduce their workforce. 

-Reduction in economic activity due to a recession would increase unemployment as the demand for products, and for workers too, will decrease.

-The existence of efficiency wages causes unemployment because the demand for labor will decrease, as employees get more and more efficient. 

<span>A lack of labor mobility as people choose to remain in their hometown will not contribute to a higher level of unemployment. Instead, labor mobility can increase unemployment because there would be an oversupply of labor in a specific region. </span>
7 0
3 years ago
Green Haven is an organization whose earnings are exempt from federal and state income taxes. Individuals who contribute money t
Ymorist [56]

Answer:

Non-profit organisation

Explanation:

According to the given details, Green heaven is probably a non-profit organisation. Non-profit organisations or NGOs are usually exempted from federal and state income taxes. These organisations are exempted from the taxes to encourage voluntary work and to help poor and needy people. Some Non-profit organisations are also listed in the stock market and they also pay dividends.

6 0
3 years ago
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