Answer:
No they should not be held accountable.
Explanation:
When the actions were taken in the past it was legal, now that it is illegal the companies should not be held accountable. If they are it will set a bad precedent that will affect a lot of companies.
In the case of GE that did experiments on prisoners to test effects of irradiation however, even if criminal charges are not brought against them, they can face charges. What they did was wrong even if it was legal then.
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Cash flow= $500
Number of months= 50
Monthly interest rate= 0.07/12= 0.00583
First, we need to calculate the future value using the following formula:
FV= {A*[(1+i)^n-1]}/i
A= cash flow
FV= {500*[(1.00583^50) - 1]} / 0.00583
FV= $28,928.06
Now, the present value:
PV= FV/(1+i)^n
PV= 28,928.06/(1.00583^50)
PV= $21,631.67
Answer:
The correct answer is option d.
Explanation:
Cartels are generally formed in oligopoly markets. In such markets there are few firms which are interdependent. So, they form cartels to enjoy monopoly power.
Though cartels are generally short lived and difficult to maintain. The reason behind this is that each firm has the incentive to deviate and produce more than their quota in order to capture more market share.
So, option d is the correct answer here.
Answer:
$306,000
Explanation:
The formula and the computation of the cost of good sold is shown below:
Cost of goods sold = Opening balance of merchandise inventory + Purchase made - ending balance of merchandise inventory
= $85,000 + $323,000 - $102,000
= $306,000
Basically we have applied the above formula to find out the cost of goods sold
