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bogdanovich [222]
3 years ago
12

Loss of the Gocha mangrove forests has caused coastal erosion, reducing fish populations and requiring the Gocha Fishing Coopera

tive (GFC) to partially fund dredging and new shore facilities. However, as part of its subsidiary businesses, the GFC has now invested in a program to replant significant parts of the coast with mangrove trees. Given income from a controlled harvest of wood with continuing replanting, the mangrove regeneration effort makes it more likely that the cooperative will increase its net income.Which of the following, if true, would most strengthen the argument that mangrove replanting will increase the Gocha cooperative's net income?
A. The cost of dredging and shore facilities was shared with the local government.
B. The GFC will be able to hire local workers to assist with the mangrove replanting.
C. The GFC derives 10 percent of its revenue from salt-production facilities in an area previously cleared of mangroves.
D. Mangrove forests tend to increase the commercial fish populations in coastal fishing grounds.
E. A controlled harvesting of mangrove wood by the GFC would have little effect on coastal erosion.
Business
1 answer:
BigorU [14]3 years ago
3 0

Answer:

D. Mangrove forests tend to increase the commercial fish populations in coastal fishing grounds

Explanation:

From the scenario, we can see that

''Loss of the Gocha mangrove forests has caused coastal erosion, reducing fish populations and requiring the Gocha Fishing Cooperative (GFC) to partially fund dredging and new shore facilities.''

From the above extract of the scenario it is clear that loss of mangrove forests reduces fish population. If the foregoing is true, then reduction in fish population implies reduction in the revenue of the Gocha Fishing Cooperative. Secondly the loss of mangrove forests has not only led to loss of revenue due to less fish but also increase in cost by having to fund dredging

Therefore, based on the fact that loss of mangrove leads to loss of fish and by extension revenue, planting more trees will lead to more fish and more revenue, apart from the fact that the cost of dredging will not have to be incurred leading to greater revenue.

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Which of these is not a reason you must file Form 8962 with your income tax return? Choose one answer. a. You are taking the PTC
mart [117]

When APTC was paid for you or another individual in your family you can file 8962 like the other similar options given below. the answer is all the above since all the three options can be reasons to file form 8962.

Explanation:

  • You may take PTC at the present and APTC will be paid only for the health insurance.
  • PTC is known as Premium Tax Credit which provides financial assistance to pay for a qualified health plan offered through a marketplace reducing the tax one originally owes.
  • APTC eligibility is based on the market's estimate of the PTC one will be able to take on his/her tax return.
  • If there are certain changes in circumstances after being paid an APTC then the situation must be reported to the marketplace.
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6 0
2 years ago
Aide Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales $17,560,000 Net
Nataliya [291]

Answer:

24.91%

Explanation:

The formula for return on investment is given as;

Net operating income / Average operating assets

= $1,071,160 / $4,300,000

= 24.91%

Therefore, return on investment is 24.91%.

5 0
3 years ago
Plz help<br><br>explain why the scene below fail to meet basic workshop safety standards.​
kykrilka [37]

Answer:

they didn't have a first aid kit

Explanation:

a first aid kit is a very inport must have

6 0
2 years ago
On January 1, 2021, for $17.9 million, Seashells Company issued 8% bonds, dated January 1, 2021, with a face amount of $19.9 mil
bearhunter [10]

Answer:

Cash A/c Dr.                   $796,000

Discount A/c Dr.            $99,000

To,  Interest Revenue         895,000

Explanation:

According to the scenario, computation of the given data are as follows,

Face value = $19.9 million

Issued bond rate = 8% annually or 4% semi annual

So, Cash = $19,900,000 × 4%

= $796,000

Issued bonds value = $17.9 million

Market yield = 10% annual or 5% semi annual

So, Interest revenue = $17,900,000 × 5%

= $895,000

So, Journal entries are as follows,

Jun.30,2021 Cash A/c Dr.                   $796,000

                       Discount A/c Dr.            $99,000

                          To,  Interest Revenue         895,000

                   (Being interest revenue on June30 is recorded)

5 0
2 years ago
The following information is available for Cheyenne Corp..
Alenkinab [10]

Answer:

(a) Earnings per share for 2022 and 2021 for Cheyenne are as follows:

Earnings per share for 2002 = $1.21

Earnings per share for 2001 = $1.10

(b) The current ratio and debt to assets ratio for each year are as follows:

Current ratio for 2002 = 2.40

Current ratio for 2001 = 1.25

Debt to assets ratio for 2002 = 29%

Debt to assets ratio for 2001 = 41%

(c) Free cash flow for each year are as follows:

Free cash flow for 2002 = $63,000

Free cash flow for 2001 = $44,000

Explanation:

(a) Compute earnings per share for 2022 and 2021 for Cheyenne. (Round Earnings per share to 2 decimal places, e.g. $2.78.)

These can be calculated using the following formula:

Earnings per share = (Net income - Preferred dividends) / Average shares outstanding ..................... (1)

Where;

Average common shares outstanding = (Common shares outstanding at beginning of year + Common shares outstanding at end of year) / 2

Using equation (1), we have:

Earnings per share for 2002 = (81,700 - 9,705) / ((42,000 + 77,000) / 2) = $1.21

Earnings per share for 2001 = (51,615 - 9,705) / ((31,700 + 44,500) / 2) = $1.10

(b) Compute the current ratio and debt to assets ratio for each year. (Round ratio answers to 2 decimal places, e.g. 15.25 and percentage answers to 0 decimal places, e.g. 15%.)

These can be calculated using the following formula:

Current ratio = Current assets / Current liabilities ................... (2)

Debt to assets ratio = (Total liabilities / Total assets) * 100 .............. (3)

Using equation (2), we have:

Current ratio for 2002 = 56,880 / 23,700 = 2.40

Current ratio for 2001 = 39,625 / 31,700 = 1.25

Using equation (3), we have:

Debt to assets ratio for 2002 = (70,180 / 242,000) * 100 = 29%

Debt to assets ratio for 2001 = (84,870 / 207,000) * 100 = 41%

(c) Compute free cash flow for each year.

These can be calculated using the following formula:

Free cash flow = Net cash provided by operating activities - Expenditures on property, plant, and equipment .................(4)

Using equation (4), we have:

Free cash flow for 2002 = $91,700 - $28,700 = $63,000

Free cash flow for 2001 = $57,700 - $13,700 = $44,000

7 0
2 years ago
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