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Maksim231197 [3]
4 years ago
5

Congress passes a law that regulates the amount of lettuce that can be grown on a farm. Milton is a farmer who grows lettuce. He

grows more lettuce than is allowed under the new law and is fined. He sues to have the law declared unconstitutional, arguing that he grew the allowed amount for sale and then grew some extra for his family to use in personal consumption. The federal courts are likely to:a. declare the law constitutional because Milton's actions substantially affect interstate commerce.b. declare the law unconstitutional because Milton's actions do not impact interstate commerce in a any way.c. declare the law constitutional because Milton's actions impact interstate commerce in a small way.
Business
1 answer:
Yuliya22 [10]4 years ago
6 0

Answer:

The answer is: A) Declare the law constitutional because Milton's actions substantially affect interstate commerce.

Explanation:

The Commerce Clause, Article I, Section 8, Clause 3 of the Constitution of the United States:

[The Congress shall have Power] To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes.

Congress can enact laws that regulate interstate commerce, and this law is an example of one of them. It doesn't matter if Milton's action only affect commerce in a very small way, the law is still constitutional.

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The next dividend payment by Dizzle, Inc., will be $3.05 per share. The dividends are anticipated to maintain a growth rate of 4
andre [41]

Answer:

Required return  =10.1%

Explanation:

required return price is given by following relation

Required return=\frac{Dividend\ payable\ next\ year}{current\ stock\  price}+growth rate

from the above information

dividend payable next year is = $3.05

current stock price = $$49.70

growth rate = 4.00%

putting all value to get required return

Required return= =\frac{3.05}{49.70}+0.04

Required return = 0.101

Required return  =10.1%

6 0
3 years ago
A retrofitted​ space-heating system is being considered for a small office building. The system can be purchased and installed f
Margaret [11]

Answer:

Retrofitted Space-Heating System

Benefit-Cost Ratio = $75,420/$121,521

= 0.6206

= 0.62

Benefit is less than 1.  Therefore, project will not deliver positive NPV.

Recommendation:

It is better and cheaper to incur electricity costs than to purchase the retrofitted space-heating system.  The retrofitting benefit does not justify the cost of the project.

Explanation:

a) Data and Calculations:

Purchase cost of system = $125,000

Salvage value (PV of $7,000 in five years) = $3,479

Total cost of project = $121,521 ($125,000 - 3,479)

Benefit of Project = Savings in 250,000 kWh annually

Cost of a kilowatt-hour = $0.09

Total annual cost of electricity = $22,500 (250,000 * $0.09)

Annuity Factor for 5 years = 3.352

Present value of annuity of $22,500 = $75,420 ($22,500 * 3.352)

Benefit-Cost = $75,420/$121,521

= 0.6206

= 0.62

6 0
4 years ago
What should you do first if you receive a phone that there has been fraudulent behavior use on your credit card?
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Call the bank and have them cancel the card
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The all-you-can-afford budgeting technique implies having a company investing in everything the firm can pay for. It is normally used for start-ups with limited funds so they use it as much as they can to keep the business going. As the sales increase, the investments in different departments are increased as well such as production, logistics, or marketing so the company moves according to the demand of the product.

The percent of sales budgeting relies -as it names says- on the number of sales a company is capable of processing. All the organizations' expenditures and advertising will have a directly proportional relationship with the percentage of sales of the organization.

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