The answer is going to be so pick number 2 B
Answer:
Cattle ranchers were not very common during the early nineteenth century, most of them were actually Mexicans who ended up being thrown out of Texas after it became independent. They left their cattle behind and Texans claimed them for themselves. During the first part of the century beef wasn't very popular so the cattle was raised for its skin and tallow.
But then the civil war started and after the south lost, cattle had multiplied to over 5 million in Texas alone. There was really no market for beef in the southern states, but there was a huge market in the northern-eastern states.
Cattle trade began from Texas to Chicago and it generated a lot of money specially for the middlemen (Joseph McCoy was the most important one). The cattle was sent to Chicago using the railroads and the industry peaked by 1867. The factors that helped the beef industry were that more railroads were built, more land was available (native Americans were ejected from their lands) and refrigeration techniques improved.
But during the last years of the century the cattle industry collapsed (since middle 1880s) due to lower demand, a severe drought and more farmers settling in areas that previously had been used by cattle only. Since the cattle business became less profitable, farmers started to turn to agriculture instead of ranching.
Answer:
Better Business Bureau
Explanation:
Jared's options are very limited, and by contacting the Better Business Bureau (BBB) he would basically be filing a complaint that is public and anyone in North America can access. The BBB cannot do anything to make Green Gardens actually return the money to Jared or even fix his garden, but by making the complaint public, Jared is applying public pressure to the company in order for them to respond in a favorable way.
Jared's problem may or may not be solved, but at least the stain in Green Gardens's reputation will remain.
Answer:
Land, Equipment, and Inventory will be restated on the closing date i.e. December 31, 2020. The rate of the currency exchange from local to foreign currency for equipment is on the day of purchase which is February 1, 2020.
Explanation:
1-Balance sheet items are restated on the closing date.
2-P & L items are restated on the transaction date.
As the items Land, Equipment and Inventory are all the balance sheet items, thus they will be stated on the closing date i.e. December 31, 2020.
Furthermore, the functional currency is foreign currency. Since the equipment is purchased in the domestic currency it has to be translated into the foreign currency at the rate as on the date of purchase i.e; February 1, 2020.
The present value of the given cash flow stream at a rate of 10.0% for all the years that is from year zero to year three is $10,777.50. Hence, Option B is correct.
<h3>What is a cash flow stream?</h3>
For describing any business proposal, there are very specific requirements, but the two things that are majorly required are cash flow instances and cash flow stream.
A cash flow stream is basically a kind of specific amount that sometimes flows into or sometimes flows out of an organization. It is basically for a particular time period, which can be calculated with the help of some proposal.
Therefore, the given data after doing these required calculations when the cash flow is calculated at a rate of 10.0%, the amount is $10,777.50. Option B is correct.
Learn more about cash flow stream from here:
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The complete question is attached in text form:
What is the present value of the following cash flow stream at a rate of 10.0%?
Years: CFs:
0 $750
1 $2,450
2 $3,175
3 $4,400
a. $8,283.53
b. $10,777.50
c. $10,866.57
d. $7,749.11
e. $8,907.02
