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Vika [28.1K]
3 years ago
7

According to "sleep rules raise trucking costs," in 2013 the federal motor carrier safety administration estimated the new rules

regulating the transportation industry would cost trucking companies about $2 billion. what benefits did the government expect from the costly regulations? reduced highway fatalities. reduced wear and tear on highways. punishment of an excessively profitable industry. increased efficiencies.
Business
1 answer:
erik [133]3 years ago
5 0
The government really just expected reduced highway fatalities.  Even though that it costs these multibillion dollar companies a little more to let their drivers rest, it sill makes the roads safe for all drivers.  Driving while tired is almost as bad as driving under the influence, so making sure that these truck drivers get sleep make sure everything is super safe for everyone. 
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Milton Friedman argues that __________.
zzz [600]

Answer:

Milton Friedman argues that <u>a business's only social responsibility is to maximize profits within the rules of the game.</u>

Explanation:

Milton Friedman is known to hold an opposing view when compared to that of John Keynes about economic theory.

Whereas Milton Friedman believes that the utmost responsibility of any company is to the shareholders, the Keynesian are more consumer focused.

Milton Friedman believes strongly in free capitalism and as a result does not advocate for any company offering corporate social responsibility to the society or public.

8 0
3 years ago
A company purchased a delivery van for $30,000 with a salvage value of $6,000 on January one, Year 1. It has an estimated useful
insens350 [35]

Answer:

The depreciation expense for Year 1 under units of production method is $5200.

Explanation:

The units of production method of depreciation charges the depreciation expense based on the activity level for which the asset was used during a period. There is an estimated useful life of the asset in terms of how many units it is expected to produce through out its useful life. The formula for units of production method of depreciation is,

Depreciation charge per unit = (Cost - Salvage value)  /  Total estimated useful  of asset in units

Thus, per unit depreciation is =  (30000 - 6000) / 60000    =  $0.4 per mile

In the first year, the asset is used for 13000 miles so depreciation expense for the year is,

Depreciation expense Year 1 = 0.4 * 13000  =  $5200

4 0
3 years ago
Exercise 8-3 Lump-sum purchase of plant assets LO C1 Rodriguez Company pays $405,405 for real estate with land, land improvement
larisa86 [58]

Answer:

Rodriguez Company

Purchase price = $405,405

Land is appraised at $202,500

Land improvements $67,500

Building appraised at $180,000

Total appraised value $450,000

Land will be apportioned $202,500/$450,000 x $405,405 = $182,432.25

Land improvements will be apportioned $67,500/$450,000 x $405,405 = $60,810.75

Building will be apportioned $180,000/$450,000 x $405,405 = $162,162

Total cost of assets = $405,405.

2. Journal Entries:

Debit Land $182,432.25

Debit Land Improvements $60,810.75

Debit Building $162,162

Credit Cash Account $405,405

To record the purchase of the assets.

Explanation:

The purchase price is proportionately allocated to the items based on their appraisal values.

7 0
3 years ago
Select all that apply.
labwork [276]
5 is the correct answer
4 0
4 years ago
Segments of business's macroenvironment include all of the following except a. the economic environment. b. the social environme
fgiga [73]

Answer:

d. the natural environment.

Explanation:

There are two business environment

The first one is microenvironment and the other one is the macro environment

The microenvironment refers to that environment that covers the business functions with respect to the general public, customers, competitors, employees, etc

While the macro environment refers to that environment that affects the business functions or its workings

It can be in various ways like

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3. Social

4. Technological

5. Demographic

6. Economical

6 0
3 years ago
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