In this question, we are not provided with the specific numbers that are necessary to produce a graphical approach. Therefore, we cannot provide that part of the answer. However, we are able to talk, in general terms, about what an increase of grain production in the United States would cause in the rest of the world.
This is an effect of what is known as globalization. Globalization refers to the integration of the world's markets in goods and services, as well as flows of investment and people across national boundaries.
In order for globalization to take place, several processes have to occur first. Nations begin specializing in the production of good and services in which they are relatively low-cost producers. This allows for mutual gains for people in trading countries. However, while some groups might benefit, some others might be harmed by this pattern, such as those producing the goods that compete with the imports. In this example, some countries might benefit, but those that compete with the United States in terms of grain production might be damaged by the increased production of the United States.
Answer:
$735,000
Explanation:
The fair values of the assets may be used as a basis for determining the amount to be recorded for each of the assets.
This will be in a proportional manner such that the higher the fair value, the higher the actual cost assigned and vice versa to the asset.
Hence the amount to be recorded for the building
= 840,000 / (840,000 + 840,000 + 1,120,000) * $2,450,000
= $735,000
Answer:
Explanation:
A capitalized cost of an asset is made up of
1 . Purchase price import duties and non refundable taxes less trade discount and rebate
2. Direct cost of bringing the asset to its present position
3. Fair value given in exchange for the the assets
Cost of Computer
Purchase Price - $10,000
Fair value of White common stock - $4,200
Installation cost - $ 700
Shipping cost - $ 500
Total Cost - $15,400
Answer:
b. Place the company on a restricted list and give only factual information about the company.
Explanation:
There is an ethical problem in the scenario that borders on professional code of conducts in the area of objectivity and independence.
It was stated in the scenario that ''the head of the investment banking department has asked the head of the brokerage unit <u>to change the recommendation from "sell" to "buy."</u>
This is a case of wanting to interfere with the <u>objectivity</u> of the recommendations which should be based on <u>facts not bias</u>.
Secondly, the head of investment banking is trying to interfere with the <u>independence</u> of the head of brokerage unit.
According to the Standards, the head of the brokerage unit would be permitted to place the company on a restricted list and <u>give only factual information</u> about the company.
