All categories

4 years ago

In United States v. Butler, the Supreme Court overturned the Agricultural Adjustment Administration (AAA) because

Business

1 answer:

joja [24]4 years ago

3 0

Answer:

The correct answer is the tax on food processors was unconstitutional.

Explanation:

On January 6, 1936, the Supreme Court decided in the United States v. Butler, that the act was unconstitutional for the collection of this tax on processors only so that it will be returned to the farmers. The regulation of agriculture was considered a state power. As such, the federal government could not force states to adopt the Agricultural Adjustment Act due to lack of jurisdiction. However, the Agrarian Law of 1938 remedied these technical problems and the agricultural program continued.

You might be interested in

Please help me on this I’m stuck!!

dem82 [27]

Answer:

I have no clue, sorry. need the points

3 0

3 years ago

Beyer Company is considering the purchase of an asset for $185,000. It is expected to produce the following net cash flows. The

Y_Kistochka [10]

Answer:

a. $87,750.56

b. Accept the investment, because it gives a positive net present value.

Explanation:

the net present value is the today`s value of future cash flows. We determine the net present value by discounting the future cash flow using the required return or the cost of capital.

Using a Financial calculator this can be determined as :

- $185,000 CF0

$ 87,000 CF 1

$ 46,000 CF 2

$ 72,000 CF 3

$ 132,000 CF 4

$ 41,000 CF 5

i/yr = 12%

Then, SHIFT NPV gives $87,750.56

We accept an investment only and only if it has a positive net present value.

6 0

3 years ago

Requirement 1. How much cash did the company receive upon issuance of the bonds payable? (Use the factor tables provided with

Masteriza [31]

Missing information:

A lot of information is missing, but I found several examples with very similar requirements.

For example:

Company, Inc. issued $500,000 of 14%, 10-year bonds payable on January 1, 2018. The market interest rate at the date of issuance was 12%, and the bonds pay interest semiannually.

Answer:

In order to determine the market price of the bonds we must add the present value of the bonds' face value + present value of the coupon payments:

PV of face value = $500,000 / (1 + 6%)²⁰ = $155,902.36

PV of coupon payments = $35,000 x 11.470 (PV annuity factor, 6%, 20 periods) = $401,450

market value of the bonds = $557,352.36

The journal entry to record the issuance of the bonds:

January 1, 2018, bonds are issued at a premium

Dr Cash 557,352.36

Cr Bonds payable 500,000

Cr Premium on bonds payable 57,352.36

7 0

3 years ago

Discuss the implications of organizational structure and culture

kicyunya [14]

Answer:

The term "organizational culture" refers to the value and the environment, the norm within an organization. It is also what forms the organizational structure - which refers mainly to the management style and hierarchy in the organization. So that it has a decisive role in an organization. In addition, about its implication, it can be seen most in the activities of: management style (most appropriate style to manage the labor force to work most effectively); planning and design (the better culture implies the overall hierarchy and position in the organization, facilitate developing the fixed procedure to work on the project better); reaching compromises (the organizational culture determines the way the organization makes decision (encourage individual decision making or leave to high position only) , influencing the final decision).

3 0

3 years ago

What type of system is used by senior management to help make decisions such as nonroutine decisions requiring judgment, evalua

Rom4ik [11]

Answer:

Executive support systems

Explanation:

Executive Support Systems enable users to convert organisational data from various departments (such as accounts, HR, sales etc.) into summarized reports needed by senior management to make key decisions. Some Executive Support System tools can be used to analyze data and enable top management to determine forecasts based on input data.

4 0

3 years ago