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Nata [24]
3 years ago
10

Ally just bought a plane ticket. She notices that the fare includes a September 11 Security Fee. What is the government’s purpos

e for imposing this fee?
to pay for security at airports


to pay for airplane maintenance


to compensate airlines for rising fuel prices


to pay for new government airplanes
Business
2 answers:
Alex Ar [27]3 years ago
4 0

Answer:

To pay for security at airports

Explanation:

The government purpose for imposing the September 11 Security Fee is to pay for security at airports because after the September 11 attacks the security had to be improved and increased to avoid something like this to happen again but it also generated a rise in the cost, and because of that, the fee was introduced to help fund this.

anyanavicka [17]3 years ago
3 0
Its a to pay for security at airports
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On July 1, 2021, Tremen Corporation acquired 30% of the shares of Delany Company. Tremen paid $3,160,000 for the investment, and
Alenkasestr [34]

Answer:

Amount paid to acquire investments                            $3,160,000

<em />

Net income                                             $1,100,000  

Less: Yearly dividends (140,000*4) <u>($560,000)</u>

Income after dividends                          <u>$540,000</u>

Share in income after dividends

for 6 months  ($540,000 * 30% * 6/12)                             <u>$81,000</u>

Balance of investments of Tremen corporation    <u>$ 3,079,000</u>

Hence, the balance of investments of Tremen corporation in Delany company is $3,079,000 .

5 0
3 years ago
MC Qu. 114 Lowden Company has an overhead application... Lowden Company has an overhead application rate of 155% and allocates o
bogdanovich [222]

Answer:

the  overhead amount recorded is $139,500

Explanation:

The computation of the overhead amount recorded is shown below:

= Overhead application rate × direct material cost

= 155% × $90,000

= $139,500

Hence, the  overhead amount recorded is $139,500

We simply applied the above formula so that the correct value could come

7 0
3 years ago
"The spot price of the market index is $900. A 3-month forward contract on this index is priced at $930. What is the profit or l
Mademuasel [1]

Answer:

$10 profit

Explanation:

In this question, we are asked to calculate the profit or loss to a short position.

Firstly, we identify that the spot price of market index is $900.

Now, a three months forward contract equals a value of $930.

Raising the index to $920 at the expiry date is obviously a profit to the short position.

To calculate the profit here, we simply subtract the index at expiry date from the three months forward contract.

Mathematically, this is equal to $930-$920 = $10 profit

8 0
3 years ago
Black Diamond Company produces snow skis. Each ski requires 2 pounds of carbon fiber. The company’s management predicts that 6,1
frutty [35]

Answer:

Production for the third quarter   159,500

Explanation:

Sales for the period           161,000

Desired ending inventory    4,600

Total production needs     165,600

Beginning Inventory             (6,100)

Production for the third quarter   159,500

The sales for the period and the desired ending inventory are the total units we need for the quarted.

the beginning inventory reduces the production because are units we already have

5 0
3 years ago
The authorized service center is located in Boston. Because Cookie Creations values serving its customers, it pays the shipping
Alex777 [14]

Answer:

$180

Explanation:

Calculation to determine Cookie Creations’ warranty liability for the shipping costs at December 31, 2020.

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Warrant liability=$180

Therefore Cookie Creations’ warranty liability for the shipping costs at December 31, 2020 will be $180

7 0
2 years ago
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