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3 years ago

A hurracane has hit the oil refineries in lousiana and taxes what happens in the market

Business

1 answer:

Tom [10]3 years ago

5 0

The market sales will go down in the oil stores sense the oil refineries got hit by the hurricane

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There are some restrictions on freedom of assembly and freedom of speech under a ____________ system.

blondinia [14]

Answer:

The correct answer is "communism system"

Explanation:

The communist system is a political and economic ideology postulated principally by Karl Marx. Where the nation is in contradiction to the liberal democracy and capitalism, promoting alternatively a classless system and the private property doesn´t exist. There are a lot of restrictions on freedom of assembly and freedom of speech, because the government seeks to have the system under control and cannot allows alternate ideologies that undermine its mandate.

8 0

3 years ago

The Jung Corporation's production budget calls for the following number of units to be produced each quarter for next year: Budg

Vera_Pavlovna [14]

Answer:

114,600 pounds.

Explanation:

Calculation to determine what Budgeted direct materials purchases for the third quarter would be:

First step is to calculate the production requirement

Production requirement = 34,000 units * 3 pounds each units

production requirement=102,000 pounds

Second step is to calculate the closing stock

Closing stock = Next quarters requirement * 30% Closing stock=[48,000*3 pounds]*30%

Closing stock=43,200.

Third step is to calculate the opening stock

Opening = current month's requirement *30%

Opening stock=[34,000 *3 pounds]*30%

Opening stock=30,600 pounds.

Now let calculate what Budgeted direct materials purchases for the third quarter would be:

Using this formula

Direct material purchases = Production requirement + Closing stock - Opening stock

Let plug in the formula

Budgeted material purchase = 102,000 + 43,200 - 30,600

Budgeted material purchase =114,600 pounds

Therefore Budgeted direct materials purchases for the third quarter would be:114,600 pounds

8 0

3 years ago

Carl transfers land with a fair market value of $120,000 and basis of $30,000, to a new corporation in exchange for 85 percent o

Lera25 [3.4K]

Answer: $15,000

Explanation:

From the question, Carl transfers land with a fair market value of $120,000 and basis of $30,000, to a new corporation in exchange for 85 percent of the corporation's stock and that the land is subject to a $45,000 liability, which the corporation assumes.

The amount of gain that Carl must recognize as a result of this transaction will be the difference between the liability the land is subjected to which is $45,000 and the basis of the land which is $30,000.

= $45,000 - $30,000

= $15,000

6 0

3 years ago

__________ involves the production of private-label goods by a foreign company to which a domestic company then attaches its own

Klio2033 [76]

Answer:

The answer to the following question will be "Contract Manufacturing".

Explanation:

The contract manufacturer is a supplier who works with a client for parts or items. It's a kind of sourcing. A contract manufacturer engaging in manufacturing activities shall be known as a copacker or even a contract complier.
Creation of products by one company, named or marketed by another company. Contract suppliers provide this function to several firms based on plans, formulations, and standards or their clients. Sometimes called the creation of private labels.

Therefore, Contract manufacturing is the right answer.

8 0

3 years ago

What is the connection between the Wheat Committee and the APB??

Oxana [17]

<span>The Wheat Committee, an American study group on the establishment of accounting principles, was brought into being in 1971 in order to examine the operation of the Accounting Principles Board (APB) and to avoid governmental rule-making.</span>

4 0

4 years ago