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2 years ago

When countries such as the U.S. promote production of domestic cotton, developing countries that produce cotton are hurt. Why?

Business

1 answer:

uysha [10]2 years ago

5 0

Answer:

Explanation:

They are hurt because cotton is one of their exports and a developing nations needs to be able to make money from them so if a big country takes away one of their main exports it will hurt their economy.

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On October 31, Legacy Rocks Inc., a marble contractor, issued for cash 400,000 shares of $10 par common stock at $18, and on Nov

ivann1987 [24]

Answer: The answer is as follows:

Explanation:

Journal entries are as follows:

For October 31:

Cash (400,000 × $18) $7,200,000

Common stock (400,000 × $10) $4,000,000

Paid in capital in excess of par value-common stock $3,200,000

( record of issuing common stock)

For November 19:

Cash (50,000 × $80) $4,000,000

Preferred stock (50,000 × $75) $3,750,000

Paid in capital in excess of par value-Preferred stock $250,000

( record of issuing preferred stock)

8 0

3 years ago

Swimmers Co. operates a set of water parks with leisure facilities for families in Aqualandia. During January 20X1, Swimmers acq

ElenaW [278]

The Swimmers Co.'s Boat's value in use (net present value) is Eur 321,221.

Data and Calculations:

Pre-tax discount rate = 5% p.a., excluding inflation

Inflation rate = 2% p.a.

Inflated discount rate = 7% (5% + 2%)

Salvage value = Eur 20,000

<u>Projected cash inflows:</u>

Year Cash Inflows Discount Factor Discounted Cash flows

20X4 Eur 72,000 0.935 $67,320

20X5 Eur 69,000 0.873 60,237

20X6 Eur 64,000 0.816 52,224

20X7 Eur 59,000 0.763 45,017

20X8 Eur 52,000 0.666 34,632

20X9 Eur 45,000 0.623 28,035

20X10 Eur 38,000 0.582 22,116

20X10 Eur 20,000 0.582 11,640

Total discounted cash flows Eur 321,221

Thus, the Swimmers Co. will calculate the boat's value in use as Eur 321,221, taking into account all the discounted cash inflows.

Learn more: brainly.com/question/17185385

6 0

2 years ago

If the money supply is $500 and nominal income is $3,000, the velocity of money is A. 1/60. B. 1/6. C. 6. D. 60.

algol [13]

Answer:

The correct option is c.6

Explanation:

For computing the velocity of money, the following formula should be used which is shown below:

The Velocity of money = Nominal income ÷ money supply

where,

Nominal income is $3,000

and, the money supply is $500

Now put these values to the above formula so that we can find out the answer

So, the answer would be equal to

= $3,000 ÷ $500

= 6

Thus, the velocity of money is 6

Hence, the correct option is c.6

5 0

3 years ago

EastSide Tractors is an American firm that manufactures construction and farming machinery. A construction company in Germany ha

Lera25 [3.4K]

Answer: Cash in advance

Explanation: Cash in advance is a type of payment that is used in some trade agreements.

This method of payment will require a buyer to pay the seller in cash before a shipment is received and sometimes before a shipment is even made.

Cash in advance is a strategic form of payment that can be used in any transaction in where there is a delay between the sales agreement and the sales delivery.

In the scenario given in the question, we can see that the German company has already placed an order, but the company has also caused a delay in the transaction by requesting for extra modifications.

This will prompt EastSide Tractors to feel the need to safeguard their interests in case the German company should default. This is why a Cash in advance payment system will come into play.

7 0

3 years ago

Read 2 more answers

What reasons would retailers have for marking prices lower

UkoKoshka [18]

To attract customers to their store and not their more expensive competitors?

4 0

3 years ago

When countries such as the U.S. promote production of domestic​ cotton, developing countries that produce cotton are hurt.​ Why?

When countries such as the U.S. promote production of domestic cotton, developing countries that produce cotton are hurt. Why?