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3 years ago

Which countries signed in the North American Free Trade Agreement in 1992?

Business

1 answer:

TEA [102]3 years ago

4 0

The correct answer is Canada, the United States, and Mexico

Explanation:

The North American Free Trade Agreement or NAFTA was an economic alliance between three important countries: Canada, the United States, and Mexico (main countries in North America). Additionally, the purpose of this alliance was to facilitate trade between these countries, and in this way promote the development of the economy in these territories. In terms of history, all countries signed for the agreement in 1992, but the alliance was official only in 1993 because of the opposition of some citizens and groups. Thus, in 1992 Canada, the United States, and Mexico signed this agreement.

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Wright maintains an ending inventory for each month in the amount of one and one-half times the expected sales in the following

Harlamova29_29 [7]

Explanation:

In the above problem the cash payments of wright corporation is given. From which the production schedule and summary of payments for the month of March, April and May are calculated.

The inventory of the given month is taken as 1.5 times the projected sales for the next month. Material cost and labor cost is given per unit cost on the projected sale for last month.

5 0

3 years ago

Which of the following is designed to partially remedy the problem of excessive insurance? Baumol’s cost disease

IgorC [24]

Answer:

The Cadillac tax

Explanation:

The benefit for health case sponsored by the employer in the case when the defined limits that should be legal will be 40% of excise tax also the taxes are paid by the insurance companies but the same is to be borne by an individual also it determines who has to receive the benefit of the insurance. It also restricts the limit of private health insurance

So here in the given situation, it is a Cadillac tax

7 0

3 years ago

Joe needs display racks and cabinets to open his clothing store, but he doesn't have the money to pay for them right away. A sup

zhuklara [117]

Answer:

The correct answer is letter "E": a trade credit.

Explanation:

Trade credit implies a customer buying products from a seller that helps the purchaser to later pay for the goods. Essentially, the seller provides the buyer with a short-term loan. Typical terms of trade credit must be charged for 30 days, but may also be 45, 60, 90, or 180 days in some situations.

5 0

3 years ago

A brewery produced regular beer and a low carb "light beer". Steady Customers of the brewery buy 10 units of regular beer and 15

Svet_ta [14]

Answer:

Regular Low Carb Total

a) Units to be produced 20 22 42

(to minimize total production cost)

b) Total production costs $704,000 $1,150,000 $1,854,000

Explanation:

a) Data and Calculations:

Regular Low Carb

Monthly customers demand 10 15

Ratio of customers demand 40% 60%

Cost per unit $32,000 $50,000

Revenue per unit 120,000 300,000

Contribution per unit $88,000 $250,000

Total required revenue = $9,000,000

With 20 additional units of beer, total units produced = 45 (25 + 20)

To minimize production costs and generate a total revenue of $9,000,000, more of the units that cost less should be produced. Units should be produced according to the following ratio:

Regular Low Carb Total

New Production and Sales units 20 22 42

Total production cost = $640,000 $1,100,000 $1,740,000

($32,000 * 20) ($50,000 * 22)

Total revenue = $2,400,000 $6,600,000 $9,000,000

($120,000 * 20) ($300,000 * 22)

To achieve a minimum revenue of $9,500,000,

New production units 22 23 45

Total production cost = $704,000 $1,150,000 $1,854,000

Total revenue = 2,640,000 6,900,000 9,540,000

3 0

3 years ago

Bassett Fruit Farm expects its EBIT to be $373,000 a year forever. Currently, the firm has no debt. The cost of equity is 13.2 p

julia-pushkina [17]

Answer:

The correct answer is $1,836,742.42.

Explanation:

According to the scenario, the given data are as follows:

EBIT = $373,000

Cost of equity = 13.2%

Tax rate = 35%

So, we can calculate the unlevered value of the firm by using following formula:

Unlevered value of the firm = EBIT × (1 - TAX RATE) ÷ COST OF EQUITY

By putting the value, we get

Unlevered value of the firm = $373,000 × ( 1 - 35%) ÷ 13.2%

= $373,000 × 0.65 ÷ 0.132

= $242,450 ÷ 0.132

= $1,836,742.42

6 0

3 years ago