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4 years ago

Which conditions would allow Country X to have an absolute advantage over Country Y in the

Business

1 answer:

klio [65]4 years ago

8 0

Answer:

O Country Y has a protective tariff on car imports.

Explanation:

A protective tariff is "a tariff imposed to protect domestic firms from import competition "

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Tamarisk, Inc. has 12000 shares of 5%, $100 par value, non-cumulative preferred stock and 48000 shares of $1 par value common st

hjlf

Answer:

$84,000

Explanation:

preference share dividend is at 5% on $100 par value. The number of preference shares is 12,000 shares ( non cumulative)

The year 2017 preference share dividend pay out is 5% of 100 multiplied by 12,000 = $60,000

Deduct $ 60,000 from $144,000 dividend declared in 2017 , the balance is common stockholders dividend.

144,000 minus 60,000 = $84,000

Non cumulative preference shares dividend are paid first for the year the company declares dividend. The dividend is not cumulative ( prior years dividend for which company did not declare dividend are forfeited).

The common stockholders are paid dividend after preference shares dividend are paid. The common stockholders bears the full risk of the business as seen above. In event of liquidation, they are the last to be settled from realised asset of the bankrupt company.

7 0

3 years ago

Manning Manufacturing Inc. had the following items that require adjustment at year end.

Ostrovityanka [42]

Answer:

1. a. Debit Salaries $5,320

Credit Accrued Salaries $5,320

Being accrued salaries for December 31

b. Debit Utilities $1,970

Credit Accrued Utilities $1,970

Being accrued Utilities for December 31

c. Debit Interest $925

Credit Accrued Interest $925

Being accrued Interest note payable for December 31

2. Income statement will be overstated by the sum of $8,215

Explanation:

The are the adjusting entries needed at December 31.

1. a. Debit Salaries $5,320

Credit Accrued Salaries $5,320

Being accrued salaries for December 31

b. Debit Utilities $1,970

Credit Accrued Utilities $1,970

Being accrued Utilities for December 31

c. Debit Interest $925

Credit Accrued Interest $925

Being accrued Interest note payable for December 31

2. The effect on the financial statements if these adjusting entries are not made is that the income statement will be overstated by the sum of $8,215 , Below is the computation:

Salaries $5,320

Utilities $1,970

Interest <u> $925 </u>

Total expenses <u> $8,215 </u>

8 0

3 years ago

The Club Auto Parts Company has just recently been organized. It is expected to experience no growth for the next 2 years as it

Ratling [72]

Answer:

P1=$8.43

Explanation:

$D1= 0.5\\D2=0.5\\D3=D2(1+g3) = 0.5(1.05)=0.525\\D4=D3(1+g4) = 0.5(1.05)(1.1) =0.5775\\$

The value of the stock is equal to the present value of all cash-flows expected from holding the stock. At the end of year 1, the value of the stock is found by calculating the present value of the remaining dividends i.e D2, D3, D4, D5 etc till infinity.

Therefore price equals $P1=\frac{D2}{1+ke} + \frac{D3}{(1+ke)^{2} } +\frac{D4}{(ke-g)(1+ke)^{3} }$

given the values of Dividends calculated above and ke= 15% :

$P1=\frac{0.5}{1.15^{1} } +\frac{0.525}{1.15^{2}} +\frac{0.5775}{(0.15-0.1)(1.15^{3} } = $8.43$

7 0

3 years ago

SmartToy Corporation's current market strategy is to gain a larger share of the high-end toy market by integrating IBM's AI, nam

Ivan

Answer:

effectiveness

Explanation:

SmartToy has proven in this new toy line its effectiveness, as it has proven its ability to reach the desired result with a great success degree. The new IA was a bet, and a risky one. However, betting on a new technology raised that toyline quality to a new level and resulted in so much success in the market that the market share increases fivefold. That alone corroborates the company's effectiveness.

4 0

3 years ago

Which artistic creation was helpful in spreading design ideas throughout the Islamic world? A. calligraphy B. ceramics C. rugs

White raven [17]

Answer:

c for plato users

6 0

4 years ago