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matrenka [14]
3 years ago
6

__________This import tax was meant to replace the earlier "Tariff of Abominations", but it was widely disliked by southern merc

hants. South Carolina event talked about having the right to ignore Federal law, starting what would become known as the "Nullification Crisis."
Business
1 answer:
mrs_skeptik [129]3 years ago
7 0

Answer:

Tariff of 1832

Explanation:

The Tariff of 1832 was enacted to replace the 1828 import tariffs commonly known as Tariffs of Abomination. Most southern states did not like it, but its greatest opposition came from South Carolina since its economy depended greatly in foreign trade. Back then America's largest export was cotton produced by southern states.

Due to South Carolina's extreme opposition, it was replaced by the Compromise Tariff of 1833. This last tariff would gradually decrease the tax rates until they fell back to 1816 levels, which was approximately 20%.

The Nullification Crisis refers to a legal process carried out in South Carolina that determined that federal taxes, specifically import tariffs were unconstitutional and shouldn't apply to them. The problem is that the Supreme Court decides what is unconstitutional or not, not a state court.

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"cost of common stock equity: capm j&m corporation common stock has a beta, b, of 1.2. the risk-free rate is 6%, and the mar
Sergeu [11.5K]

a. Risk Premium on J & M common stock = Return on Market - Risk Free Rate

Risk Premium on J & M common stock = 11% - 6%

Risk Premium on J & M common stock = 5%

b. Required Return = Rf + Beta * (RM - RF)

= 6% + 1.2*5%

= 6% + 6%

= 12%

So the required rate of return is 12% which should be atleast provided by J & M common stock.

c. J & M cost of common stock equity is the same as b that equals to 12%.

5 0
4 years ago
Read 2 more answers
You are given the following information: sales, $260; expenses other than depreciation, $140; depreciation expense, $50; margina
masha68 [24]

Answer:

See below

Explanation:

1. The net cash after-tax cash flow effect of the preceding information of using the indirect method.

First, we need to calculate the pretax income.

Pretax income = Sales - Expenses other than depreciation - depreciation expense

Pretax income = $260 - $140 - $50 = $70

Also,

Tax expense = 35% × pretax income $70 = $24.5

Therefore, the indirect method would be;

Pretax income

$70

Less:

Tax expense

($24.5)

After tax income

$45.5

Add:

Depreciation expense

$50

After-tax cash flow

$95.5

Direct method

After tax cash operating income

[($260 - $140 - $50) × (1 - tax rate 35%)]

$45.5

Add :

Depreciation expense

$50

After tax cash flow

$95.5

5 0
3 years ago
Describe the role of separation and termination in relation to broader human resources and business objectives
zimovet [89]

Answer:

Separation and or termination in HR relates to the cessation of the relationship between employer and employee.

Separation and or termination of the contract may occur in the following ways:

1. Constructive Discharge

2. Firing

3. Layoff

4. Termination by Mutual Agreement

5. Termination with Prejudice

6. Termination without Prejudice

7. Involuntary Termination of employment contract

8. Voluntary Termination of employment contract

9. Wrongful Termination of employment contract

10. Cessation of Temporary Contracts

Explanation:

Regardless of the type of separation or termination which occurs, the business owner and the the HR manager must realize that the HR funnel must never run short of hands with which the organization will attain its goals/objectives.

Recognizing the times lines for contracts that are terminal in nature, anticipating and preparing for sudden separation and planning adequately for these occurrences using HR Planning enables the business to continue to thrive regardless of its rate of turnover.

Cheers

6 0
3 years ago
What's the DWL no matter how much I try I am not getting it right.
Sergio [31]

Answer:

jggn BBC cmvkjfmjbccigngjgifjfkfjnffkjfbfjfbffjuf by kifnfkfufnfmfjnfmffnfjf

6 0
3 years ago
Stock R has a beta of 1.3, Stock S has a beta of 0.65, the expected rate of return on an average stock is 10%, and the risk-free
ZanzabumX [31]

Stock R

AS per CAPM

expected return = risk free

Rate+ beta *(expected return on market - risk free rate )

expected return % =6+1.3*

(13-6)

Expected return % =15.1

Stock S

expected return = risk free

Rate+ beta *(expected return on market - risk free rate )

expected return % = 6+0.65*

(13-6)

expected return %=10.55

Difference =15.1-10.55

Difference =4.55%

Learn more about expected return here

brainly.com/question/25821437

#SPJ4

3 0
2 years ago
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