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DENIUS [597]
3 years ago
11

Read the U.S. Constitution. Did our founding fathers do a good job in shaping the laws of the land? Explain.

Business
1 answer:
Verizon [17]3 years ago
8 0

Answer:

The founding fathers of the United States did a very good job in shaping the laws of the country, this can be seen in the fact that the U.S. Constitution is the oldest constitution still in place.

The founding fathers shaped the constitution inspired from the ideas of liberal philosophers like John Locke, Montesquieu, and Edmund Burke. They defended the idea of a federal republic, in which several states voluntarilly joined in a republican form of government with separation of powers.

The constitution did have some flaws though, for example, the issue of slavery was not properly established, and this led to the American Civil War decades later.

Besides, twenty seven admendments have been added to the original document in order to meet the national demands of a changing world.

In conclusion, while not a perfect document, the founding fathers did a very good job at writing the constitution.

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Jackson Co. began the year with $20,000 in inventory. During the year, the company purchased $80,000 worth of inventory. At the
Irina-Kira [14]

Answer:

The total cost of goods sold  = $70,000

Explanation:

Given:

Initial inventory at the start of the year for Jackson Co. = $20,000

Total cost of purchases made during the year = $80,000

Inventory remaining at the end of the year = $30,000

Solution:

Total inventory for Jackson Co. during the year = \$20,000+\$80000= \$100,000

Inventory remaining at the end of the year = $30,000

The cost of the goods sold can be calculated by subtracting the remaining  inventory from the total inventory.

Thus, cost of goods sold can be given as :

⇒ \$100,000-\$30,000

⇒  \$70,000

The total cost of goods sold  = $70,000

8 0
3 years ago
Orange Inc., an orange juice producer with a current debt-to-equity ratio of 2, is considering expanding its operations to produ
postnew [5]

Answer:

8.25%

Explanation:

Orange, Inc. should calculate the MARR (minimum acceptable rate of return) for this project using the following:

Re = 12% (similar to Paste, Inc., so it can be considered the industry's average)

Rd = 6% x (1 - 25%) = 4.5%

MARR = (1/2 x 12%) + (1/2 x 4.5%) = 6% + 2.25% = 8.25%

This calculation is similar to calculating a company's WACC since you must determine the weighted cost of financing the project.

6 0
3 years ago
If the economy booms, RTF, Inc., stock is expected to return 13 percent. If the economy goes into a recessionary period, then RT
Furkat [3]

Answer: 0.000903

Explanation:

Expected return is the sum of the probability that the other returns will happen.

= (13% * 83%) + (5% * 17%)

= 10.79 % + 0.85%

= 11.64%

Variance = ((Return during boom - Expected return)²*probability of boom) + ((Return during recession - Expected Return)²*probability of recession)

Variance = ((13% -11.64%)² * 83%) + (5% - 11.64%)² * 17%)

= 0.0001535168 + 0.0007495232

= 0.000903

6 0
3 years ago
Words like denigrate, the undersigned, and expropriate are examples of high-level diction and should be used liberally in busine
rusak2 [61]

Answer:

False.

Explanation:

Communication through business messages should convey the information in the simplest words so that the other party can easily understand what is being said. It also needs to be brief and to the point.

Using high level diction liberally in business communication leads to unclear messaging. The reader may not know the meaning of the words so the aim of communication will be defeated.

Also high level diction can have different meanings in different circumstances.

High level diction should be used sparingly, and simple diction is preferred.

7 0
2 years ago
Read 2 more answers
Dave bought a new car 8 years ago for $8400. To buy a new car comparably equipped now would cost $12,500. Assuming a steady rate
umka2103 [35]

The yearly rate of inflation in car prices over the 8 years that Dave bought his new car for $8,400 is <u>5.1%</u>.

<h3>What is inflation?</h3>

Inflation is the general increase in prices of goods and services in an economy which reduces the purchasing power of the consumers.

Based on the given information, the yearly increase in the inflation rate can be computed using the present value formula from an online finance calculator as below.

<h3>Data and Calculations:</h3>

N (# of periods) = 8 years

I/Y (Interest per year) = 5.1%

PMT (Periodic Payment) = $0

FV (Future Value) = $12,500

<u>Results:</u>

PV = 8,396.31 or $8,400

Total Interest $4,477.49

Thus, the yearly rate of inflation in car prices over the 8 years that Dave bought his new car for $8,400 is <u>5.1%</u>.

Learn more about inflation at brainly.com/question/8149429

6 0
2 years ago
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