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Assoli18 [71]
3 years ago
8

Farm subsidies account for approximately ________ of net agricultural income, making america's farmers among the most heavily su

bsidized in the world. select one:
a. ten percent

b. one-fifth

c. a third

d. one-seventh

e. two-thirds
Business
1 answer:
alexgriva [62]3 years ago
4 0
The subsidies account for B. One-Fifth <span>of net agricultural income.
The amount of subsidy started to increased after </span><span>Homestead Act of 1862 , A Government program that created to promote local agriculture sector.
The subsidies exist in the form of direct payment for producing a certain commodities, and help in buying a certain tools and supply for the production.</span>
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According to the census bureau, the u. S. Population is projected to grow by 78 million between 2017 and 2060. The native popula
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8 0
3 years ago
Read 2 more answers
(Prob. 5.32) The industrial engineering department for Invade Air Fresheners has found that a new packing machine should save $4
cluponka [151]

Answer:

It will be willing to pay up to $297,853.46

Explanation:

First, we calculate  present value of the cash saving

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 45000

time 8

rate 0.05

45000 \times \frac{1-(1+0.05)^{-8} }{0.05} = PV\\

PV $290,844.57

Then, the present Value of the salvage value

\frac{Salvage}{(1 + rate)^{time} } = PV  

Maturity   7.50 %

time   8.00

rate   0.05

\frac{7.5}{(1 + 0.05)^{8} } = PV  

PV   5.08 %

This is calculate as a percent, because we are not given with a cash value.

Last, the 12,000 major overhaul

\frac{Overhaul}{(1 + rate)^{time} } = PV  

Maturity   -12,000.00

time   8.00

rate   0.05

\frac{12000}{(1 + 0.05)^{8} } = PV  

PV   -8,122.07

This PV is negative as it is a cash out-flow

Lastly, we add them all:

290,844.57 + 0.0508PV - 8,122.07 = PV

<u>And solve for PV</u>

290,844.57 - 8,122.07 = PV - 0.0508PV

282,722.5‬ = 0.9492PV

282,722.5/0.9492 = PV

PV = 297,853.455541 = 297,853.46

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3 years ago
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