1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
prisoha [69]
3 years ago
12

When the Sherman Antitrust Act banned businesses from "restraining trade," Samuel Dodd came up with the ______, a corporation of

corporations that had the power to hold shares of other companies.
Business
1 answer:
arsen [322]3 years ago
5 0

Answer:

Holding company.

Explanation:

A holding company normally does not have operations of its own but owns the share of other companies. They form corporate groups, so are referred to as corporate of corporates.

Holding companies work to reduce the risk of the companies they own shares in. For example the shares they hold are protected from the operations of the company, so in times of crisis there is a pool of funds the business can fall back on.

You might be interested in
On August 1, our company purchases $1,000 worth of merchandise inventory on credit with the terms 2/10, n/30. What is the amount
vampirchik [111]

Answer:

a) $1,000

Explanation:

Early Settlement Discount

This form of quotation is common with suppliers offering their customers deferred payment arrangement in a sale contract. Usually, under this arrangement customers are allowed to purchase goods on credit and settle their acccount at a specified  later date.

However, to encourage customers to pay up their outstanding earlier than expected, suppliers do offer early settlement discount as incentives to induce prompt payment.

A quotation of 2/10, n/30

This implies that the customer is a given a 30-day period from the date of purchase within which he is expected to settle his account. However, if he does so within the next 10 days of purchase he will be given a 2% discount.

<em>Applying this to the question, the purchase date is August 1, the the latest date for which account is settle to qualify for early settlement discount will be 11 days i.e (1+10) .</em>

Since the payment will be made on August 12, no cash discount will received. Therefore, a payment of gross amount of $1,000 would be credited to the cash account.

7 0
3 years ago
Vino Winery is considering the purchase of a state-of-the-art bottling machine. The new machine will cost $20,790 and will have
jolli1 [7]

Answer:

the internal rate of return is 6%

Explanation:

The computation of the internal rate of return is shown below;

Given that

Years         Cash flows

0                -$20,790

1                   $6,000

2                  $6,000

3                 $6,000

4                 $6,000

Now apply the following formula i.e..

= IRR()

After applying the above formula, the internal rate of return is 6%

6 0
3 years ago
Rizzo Manufacturing produces two types of cameras: 35mm and digital. The cameras are produced using one continuous process. Four
tiny-mole [99]

Answer:

Total overhead assigned to each the 35mm camera $ 66,000

An Activity Rate for receiving   $8 per receiving order

Receiving costs for 35mm camera  $1600

An Activity Rate for packing $ 10 per packing order

Explanation:

Product Machine Hours Setups Receiving Orders Packing Orders

35mm         10,000             100           200                  400

Digital            10,000          250          800                  2000

Cost            $60,000        $40,000    $8,000           $24,000

Total Overhead Costs= $ 60,000 + $ 40,000 + $ 8000+ $ 24,000= $132,000

Total overhead assigned to each the 35mm camera=( Total Costs/Total Machine Hours) * 35mm camera machine hours

Total overhead assigned to each the 35mm camera= ($ 132,000/ 20,000)10,000= $ 66,000

An Activity Rate for receiving based on receiving orders= 8000/1000=  $8 per receiving order

Receiving costs for 35mm camera= 8 * 200= $1600

An Activity Rate for packing based on packing orders = 24000/ 2400= $ 10 per packing order

5 0
3 years ago
A method that determines the solution to the traveling salesperson problem involves listing all hamilton circuits and selecting
seraphim [82]
<span>The answer is : Brute Force Method</span>
4 0
3 years ago
The primary participants in a market are A. firms who supply the product and consumers who buy​ it, but government policies such
MrRa [10]

Answer:

The correct answer is letter "A": firms who supply the product and consumers who buy​ it, but government policies such as taxes also play an important role in the operation of markets.

Explanation:

Primary markets are formed by buyers and sellers of a given product and the regulations the government imposes to promote fair competition. The term is mostly used in the stock market to define the place where firms sell securities directly to investors. These securities have been recently issued and are offered through Initial Public Offerings (IPOs).

5 0
3 years ago
Other questions:
  • Which of the following would probably be a variable cost in a soda bottling plant? a. Direct labor b. Bottles c. Carbonated wate
    5·1 answer
  • Equipment costing $276000 was destroyed when it caught on fire. At the date of the fire, the accumulated depreciation on the equ
    6·1 answer
  • Assume that the returns from an asset are normally distributed. The average annual return for this asset over a specific period
    7·1 answer
  • Which of the following is the best example of clear and concise writing for a réesumé
    14·1 answer
  • Which of the following correctly describes a production isoquant?
    10·1 answer
  • Edmund has been recently appointed as executive in-charge of the code of conduct for Elmer Enterprises. He administers the code
    7·1 answer
  • If a firm accepts less than all of its prospective projects with positive NPVs when evaluated at their own risk-adjusted costs o
    15·1 answer
  • Ivor borrowed $420,000 from Lear Bank. At Lear's request, Ivor entered into an agreement with Ash, Kane, and Queen for them to a
    12·1 answer
  • What are the indicators are used to carry out capital budgeting for different ventures of a company.
    13·1 answer
  • Principles-based standards differ from a rules-based approach because: Principles-based standards rely on bright-line concepts t
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!