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3 years ago

Domestic Market for Steel, Alpha

Business

1 answer:

Andru [333]3 years ago

4 0

Answer:

C) Both nations want to export steel.

Explanation:

Equilibrium price is the economic market situation where the quantity demanded of a commodity and the quantity supplied are equal. Both nations, alpha and beta would want to supply or export more steel because at the price of $1 both nations supplied less than the quantity which was demanded. More imports will be probably needed here which iwill push up their supply.

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Windmill Corporation,a Dutch corporation,is owned by the following unrelated persons: 50 percent by a U.S.corporation,5 percent

sveticcg [70]

Answer: Windmill is not a CFC and none of the shareholders will have a deemed dividend under subpart F.

Explanation:

Subpart F income include insurance income, illegal bribes, foreign base company income, international boycott factor income, etc.

It should be noted that Windmill isn't a controlled foreign corporation that is the company isn't a corporate entity which is duly registered and then conducts business in another country that's different from its home country. Therefore, none of the shareholders will have a deemed dividend under subpart F.

4 0

3 years ago

You bought one of Lambert Sandblasting Company's 15-year bonds one year ago for $960. These bonds pay 7 percent annually, have a

maksim [4K]

Answer:

Real return on investment: 22.9465%

Explanation:

Okay let's explain each concept we have given:

Face Value $1,000

This is the ammount Lambert will pay at maturity

Purchase Value $ 960

This is the Ammount we pay for the bond

Market Value of the bond today $ ???

This is what we need to determinate to see the return we got

Once we got the market Value we will do:

Market Value / Purchase Value - 1 = rate of return

Now the market value today will be the present value of the bond, and the bond has the following data:

Mature in 14 year

bond rate 7% annualy.

So each year we receive the 7% of the face value ($1,000) = $70

And at the end of the bond life we receive 1,000

We need to bring this numbers at present day using the real market rate, because the economy is having inflation:

market rate 8%

inflation rate 2.7%

real rate:

(1+rate)/(1+inflation) -1 = real rate

$\frac{1.08}{1.027} -1 = real rate$

real rate = 5.16%

To know the present value of the bond we will have to consider:

present value of an annuity of 70$ during 14 year at a rate of 5.16% =
present value of the 1,000 that will be pay at maturity at a rate of 5.16%

The annuity will be

$70 * \frac{1-(1+0.0516)^-14}{0.0516} = 685.87$

$C * \frac{1-(1+rate)^-time}{rate} = present value$

$685,87

The present value of the 1,000 will be

face value/(1+rate)^time

1,000/(1+0.0516)^14 = $494,42

for a total of $1.180,29

Now we will calculate the real return on the investment:

we receive 1.180,29 for 960 so the rate is

1.180,29 /960 - 1 = 0.229465 = 22.9465%

8 0

4 years ago

The short-run aggregate supply curve will decrease if:

finlep [7]

Answer: A. the aggregate price level falls. commodity prices rise.

Explanation: In short-run, the aggregate supply is usually a graph pointing upward and with a sloping curve. The short-run aggregate supply curve usually points upward sloping because it indicates quantity supplied which increases when the price rises. In the short-run, organisations usually have only one fixed factor of production which is capital.

8 0

3 years ago

The following transactions and adjusting entries were completed by Robinson Furniture Co. during a three-year period. All are re

riadik2000 [5.3K]

Answer:

Year 1

Jan. 8. Purchased a used delivery truck for $24,000, paying cash.

Dr Truck 24,000
Cr Cash 24,000

Mar. 7. Paid garage $900 for changing the oil, replacing the oil filter, and tuning the engine on the delivery truck.

Dr Maintenance expenses - Truck 900
Cr Cash 900

Dec. 31. Recorded depreciation on the truck for the fiscal year. The estimated useful life of the truck is four years, with a residual value of $4,000 for the truck.

Depreciation expense = 2 x 0.25 x $24,000 = $12,000

Dr Depreciation expense 12,000
Cr Accumulated depreciation - truck 12,000

Year 2

Jan. 9. Purchased a new truck for $50,000, paying cash.

Dr Truck new 50,000
Cr Cash 50,000

Feb. 28. Paid garage $250 to tune the engine and make other minor repairs on the used truck.

Dr Maintenance expenses - Truck 250
Cr Cash 250

Apr. 30. Sold the used truck for $9,500. (Record depreciation to date in Year 2 for the truck.)

depreciation expense = 2 x 0.25 x 4/12 x $12,000 = $2,000

Dr Depreciation expense 2,000
Cr Accumulated depreciation - truck 2,000

truck sold at $9,500 - $10,000 (carrying value) = -$500 loss on sale

Dr Cash 9,500
Dr Accumulated depreciation 14,000
Dr Loss on sale - truck 500
Cr Truck 24,000

Dec. 31. Record depreciation for the new truck. It has an estimated residual value of $12,000 and an estimated life of eight years.

Depreciation expense = 2 x 0.125 x $50,000 = $12,500

Dr Depreciation expense 12,500
Cr Accumulated depreciation - truck new 12,500

Year 3

Sept. 1. Purchased a new truck for $58,500, paying cash.

Dr Truck three 58,500
Cr Cash 58,500

Sept. 4. Sold the truck purchased January 9, Year 2, for $36,000. (Record depreciation to date for Year 3 for the truck.)

Depreciation expense = 2 x 0.125 x 8/12 x $37,500 = $6,250

Dr Depreciation expense 6,250
Cr Accumulated depreciation - truck new 6,250

truck sold at $36,000 - $31,250 (carrying value) = $4,750 gain on sale

Dr Cash 36,000
Dr Accumulated depreciation 18,750
Cr Truck new 50,000
Cr Gain on sale - truck new 4,750

Dec. 31. Recorded depreciation on the remaining truck. It has an estimated residual value of $16,000 and an estimated useful life of 10 years.

Depreciation expense = 2 x 0.1 x 4/12 x $58,500 = $3,900

Dr Depreciation expense 3,900
Cr Accumulated depreciation - truck three 3,900

5 0

3 years ago

Sally lee, the engineering manager, delegates tasks as a good manager should. However, mark hayes, the engineering director, has

miv72 [106K]

Answer:

The definition becomes defined in the clarification paragraph below, according to the particular circumstance.

Explanation:

As either the engineering boss, I believe Sally knows her technical employees better upon where people choose and hate about either the meetings that have been taking place. She understands that her workers like freedom but also that requesting them should report periodically or daily will potentially hinder their efficiency, and also some waste work and attention.
Therefore, Sally can find some middle ground path somewhere, practically. She might make an option in which those her boss, Mark Hayes, the director of engineering, including her staff should be satisfied with the conclusion reached. Sally would invite Mark please hold a regular meeting to provide a more excellent method rather than just group communication. Any efficiency improvements barely alter a day, cost too much, and often waste precious time. She should indeed, lift all the questions concerning her workers as well as the negatives involved with either the regular interactions.
She could also ensure fine to measure throughout her workers to hold regular sessions because it will encourage the business to always have a daily transcript of the conversation the week before and whether performance might be enhanced within this meeting can already be covered.

7 0

3 years ago