Answer:
A) -$10,020,000
Explanation:
Year 0 cash flow = -(Cost of Machine + Installation Cost + Clean Room Cost)
Year 0 cash flow = -($7,000,000 + $20,000 + $3,000,000)
Year 0 cash flow = -$10,200,000
So, the incremental free cash flows associated with the new machine in year 0 is ($10,200,000).
The XYZ corporation may sue California for violating the dormant commerce clause. prohibits states from enacting legislation that significantly impedes interstate commerce.
<h3>What is interstate commerce?</h3>
- Interstate commerce refers to the transacting or transportation of goods, services, or money across state lines.
- Federal courts, for example, have considered cattle crossing a state line while grazing and the movement of pollutants across state lines to be interstate commerce in order to uphold Congress' regulatory jurisdiction.
- In the United States, interstate commerce refers to any commercial transactions or traffic that cross state lines or involve more than one state.
- The Interstate Commerce Act of 1887 is a federal law of the United States that was enacted to regulate the railroad industry, specifically its monopolistic practices.
- The Act required railroad rates to be "reasonable and just," but it did not give the government the authority to set specific rates.
To learn more about interstate commerce, refer to:
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Answer:
5.21%
Explanation:
The Stone Harbor Fund
NAV= Investment in portfolio - liabilities/ Numbers of share outstanding
(430-8)/10
=422/10
=$42.2
Discount will be : $42.2 -40 shares
=$2.2
Hence:
$2.2/$42.2
=5.21%
Therefore the premium or discount as a percent of NAV will be 5.21%
Answer:
B. Herbania is technologically superior to Duckistan in producing civilian goods.
Explanation:
Duckistan Production Possibilities
A B C D E
Civilian Goods 20 18 14 8 0
Military Goods 0 1 2 3 4
opportunity cost - ¹/₁₈ ¹/₇ ³/₈ 4 civilian goods
opportunity cost 20 18 7 2.7 - military goods
Herbania Production Possibilities
A B C D E
Civilian Goods 40 36 26 14 0
Military Goods 0 1 2 3 4
opportunity cost - ¹/₃₆ ¹/₁₃ ³/₁₄ 4 civilian goods
opportunity cost 40 36 13 4.7 - military goods
Herbania has an absolute advantage in the production of civilian goods. Since it also has a lower opportunity cost of producing civilian goods, therefore, it also has a comparative advantage at producing civilian goods. Assuming that resources are equal in both countries, then we can assume that Herbania is technologically superior in the production of civilian goods.
Dukistan has a lower opportunity cost of producing military goods, therefore, it has a comparative advantage at producing military goods.
Answer:
D) neither I nor II
Explanation:
Yearly or Annual renewable term insurance (ART) is a specific type of life insurance policy that offers the individual life insurance for a set amount of years following the signing of the insurance policy. Therefore based on this information it can be said that neither of the statements listed in the question are true.
