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Alexeev081 [22]
4 years ago
15

In the Great Depression, spending on U.S. _________was reduced by foreign countries as well as U.S. spending on their products w

hich made the downward spiral even worse on a global basis..a. Exports b. Importsc. Internet servicesd. Rap music
Business
1 answer:
Keith_Richards [23]4 years ago
5 0

Answer:

Exports

Explanation:

In the Great Depression, spending on U.S. exports was reduced by foreign countries as well as U.S. spending on their products which made the downward spiral even worse on a global basis.

The Great Depression caused consumer spending to decline and investment fell drastically which led to steep industrial output declines.

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One of the advantages of target costing is that it specifically considers the probable market price for the product.
dem82 [27]

Answer:

TRUE

Explanation:

This is because the goal of target costs is driven by the market price and customer satisfaction.

6 0
3 years ago
Why does location matter?
BigorU [14]

answer: you need to know where your at

7 0
4 years ago
On January 1, 2021, Nantucket Ferry borrowed $14,000,000 cash from BankOne and issued a four-year, $14,000,000, 6% note. Interes
kari74 [83]

Answer:

If Interest is not Paid yet

Nantucket Ferry

Dr. Interest Expense $840,000

Cr. Interest payable  $840,000

BankOne

Dr. Interest receivable $840,000

Cr.  Interest Income     $840,000

If Interest is Paid

Nantucket Ferry

Dr. Interest Expense    $840,000

Cr. Cash                        $840,000

BankOne

Dr.  Cash                       $840,000

Cr.  Interest Income     $840,000

Explanation:

Amount of interest is the expense for Nantucket Ferry and Income for the BankOne on the bond.

As per given data

Amount borrowed  = $14,000,000

Coupon rate = 6%

Interest in paid on and received on the bnd is calculated by using the face value and coupon rate of the bond.

Coupon Payment = $14,000,000 x 6% = $840,000

$840,000 will be paid annually to the Bank one.

6 0
4 years ago
On January 1, Year 1, Marino Moving Company paid $48,000 cash to purchase a truck. The truck was expected to have a four useful
Ymorist [56]

Answer:

$10,000

Explanation:

Depreciation is charged to every asset based on the life and usage of such asset.

Straight line depreciation method charges equivalent depreciation each year of the useful life of the asset.

Here, as provided straight line depreciation = \frac{Cost\ of\ asset\ - Salvage\ value}{Life\ of\ asset}

Here, cost of asset = $48,000

Salvage value = $8,000

Thus, numerator in fraction = $48,000 - $8,000 = $40,000

Useful life of the asset = 4 years

Therefore, depreciation expense for each year = \frac{40,000}{4\ years} = 10,000

It will be same for each year, therefore, depreciation expense for year 2 = $10,000

3 0
3 years ago
What is the net present value of a project that has an initial cash outflow of $34,900 and the following cash inflows? The requi
Eddi Din [679]

Answer:

NPV = $-3,383.25

Explanation:

The NPV is the difference between the PV of cash inflows and the PV of cash outflows. A positive NPV implies a good investment decision and a negative figure implies the opposite.  

NPV of an investment:  

NPV = PV of Cash inflows - PV of cash outflow  

PV of cash inflow =

$12,500, × 1.1535^(-1)  +  19,700, × 1.1535^(-2) + 0× 1.1535^(-3)  +  10,400.× 1.1535^(-2) = 31,516.7476

Initial,cost = 34,900

NPV = 31,516.7476  - 34,900 = -3,383.25

NPV = $-3,383.25

5 0
3 years ago
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