Answer: C
Explanation: The present value of a stock is the sum of all future cash flows discounted using a rate.
The future cash flows, in this case, is the proceeds from selling the stock ($100) and the dividend ($10).
We can calculate the current price of the stock using the formula:
($100 + $10) / (1 + 6%) = 103.77
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.
Answer:
The corrects answers that fills the gaps are: 2 cents; $1,07.
Explanation:
Electronic payment methods are a payment system that facilitates the acceptance of payments to carry out transactions without having to use cash. The development of financial systems and advances in information technology have allowed the emergence of these new means of payment, which are increasingly used worldwide.
Among the main electronic means of payment can be mentioned: debit cards, credit cards, mobile wallet and internet transactions - electronic banking.
The advantages:
- They are safer than the use of cash.
- They allow paying for goods or services in an immediate or faster way.
- They allow easy control over the operations and expenses incurred.
- They can be used to make purchases online.
- In some cases, they help build a credit history.
- They allow access to financial products and services.
Answer:
The correct answer is B. may change as time passes and circumstances
Explanation:
The concept of comparative advantage is one of the basic foundations of international trade. It assumes as decisive the relative costs of production and not the absolute ones. In other words, countries produce goods that have a lower relative cost compared to the rest of the world.
