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denis23 [38]
3 years ago
9

Use the information from the Washington Post article Small vs. Large: Which Size Farm is Better for the Planet? to answer the qu

estions. Which government policy leads large farms to produce certain crops instead of others? O
A. unemployment insurance
B. minimum wage
C. subsidies
D. sales taxes
Business
1 answer:
ANTONII [103]3 years ago
5 0

Answer: C

Subsidies

Explanation:

An excerpt from Washington Small v Large

"Large industrial farms grow primarily corn and soy, which consumers buy as meat and processed foods. And there’s a strong argument that those foods are making us fat and sick. But that’s not the farmers’ fault. They grow what the market demands. If we want to fix that, and I think we should, we’d be better off talking to the government, which determines subsidies; food manufacturers, who turn crops into what we actually eat; and consumers, who vote with their wallets."

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Penn Company uses a periodic inventory system. At the end of the annual accounting period, December 31 of the current year, the
PSYCHO15rus [73]

Answer:

Total unit sold = Opening balance + Purhase in march + Purchase in August - Closing balance

Total unit sold = 2000 + 5000 +3000 - 4000

Total unit sold = 6000 units

1. FIFO method:

So total cost of goods sold is (2000*$5) + (4000*$6)= $34,000

Ending inventory value is (1000*$6) + (3000*$8) = $30,000

2. LIFO method:

So total value of goods sold is (3000*$8) + (3000*$6) = $42,000

Ending inventory value is (2000*6) + (2000*$5) = $22,000

3. Average cost of inventory:

Opening inventory (2000* $5) + Purchase on Mar.21 (5000*$6) + Purchase on August 1 (3000*$8) = $64,000

Total units = 2000 + 5000 + 3000

Total units = 10,000

Average cost is $64,000/10,000 (units) = $6.40 per unit

So, Cost of goods sold is 6000*$6.40 = $38,400

Ending Inventory value is 4000*$6.40 = $25,600

8 0
3 years ago
International trade generally a. decreases jobs. b. reduces competition. c. generates income. d. decreases productivity.
xz_007 [3.2K]

Answer:

c. generates income

Explanation:

International trade for a country refers to exchange of goods and services beyond geographical boundaries. In short international trade refers to the business due to import and export of goods.

For example, one nation might specialize in the production of cocoa while another nation is rich in oil wells or oil reserves. The two nations can trade such resources and eliminate scarcity or abundance.

International trade leads to increased competition in the domestic market since now the producers are compelled to adhere to meet international quality standards for their products.

So, International trade generally c. generates income.

4 0
3 years ago
Kenton and Denton Universities offer executive training courses to corporate clients. Kenton pays its instructors $6,405 per cou
lina2011 [118]

Answer:

Kenton and Denton Universities

A. Income Statements

                                    Kenton        Denton

Tuition Revenue         $7,329       $7,329

Instructors' Salaries     6,405         6,405

Net Income                   $924          $924

B. Kenton University embark on a strategy to entice students from Denton University by lowering its tuition to $240 per course.

Income Statement for Kenton University:

Tuition Revenue         $9,600

Instructors' Salaries     6,405

Net Income                 $3,195

C. Denton University embarks on a strategy to entice students from Kenton University by lowering its tuition to $240 per course.

Income Statement for Denton University:

Tuition Revenue         $9,600

Instructors' Salaries    12,200

Net Income (Loss)    ($2,600)

D. Income Statement for Kenton and Denton Universities:

                                    Kenton        Denton

Tuition Revenue         $4,500       $4,500

Instructors' Salaries     6,405          3,050

Net Income/(Loss)     ($1,905)       $1,450

Explanation:

a) Data and Calculations:

Kenton University:

Salaries to instructors per course = $6,405

Tuition fee per course = $349

Denton University:

Salaries to instructors per student = $305

Tuition fee per course = $349

b) Kenton and Denton Universities' costs are determined by their nature based on whether they are fixed or variable.  These costs also determine the level of net income to be recorded by each university.

7 0
3 years ago
You are being asked to consider selling one of your regional divisions to a private equity company. The private equity company h
AysviL [449]

Answer:

3) The IRR of the project to your company is below 7.9%

Explanation:

As we can see in the question that at 7.9% wacc, the net present value is -$20,420.78

Since the net present value is in negative that shows that the internal rate of return would be less than 7.9%

So according to the given situation, the option 3 is correct

And, the same is to be considered

5 0
3 years ago
Something a person must have in order to live is a
ser-zykov [4K]
Heart, a liver, a pancreas, kidney, source of food - these are just a few of the possibilities.
3 0
3 years ago
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