Answer: B. Government intervention.
Explanation:
A Drive-through bar could be very profitable as it involves people simply pulling up to a window, ordering alcohol and driving away with it. It is not very workable though because it is dangerous.
Drinking and driving is one of the highest causes of road accidents and a drive-through bar is literally encouraging people to do that. The government has therefore intervened by enacting laws to limit the trading of liquor in such ways so as to reduce the instance of road accident.
Answer:
b. $212,000
Explanation:
The cost concept entails the initial recognition of an asset at the historical cost or actual cost of purchase.
For Focus company, the amount to be recorded for the land purchased from Donner company using the cost concept is not the market value of the land at $220,000 nor the initial offered price of $177,000.
The cost of another piece of land on the same block sold for $232,000 is also not the amount but the actual cost paid for the property which is $212,000.
Hence the right option is b. $212,000.
Answer:
The correct answer is letter "C": General Agreement on Tariffs and Trade (GATT).
Explanation:
The General Agreement on Tariffs and Trade (<em>GATT</em>) is a treaty effective from 1948 that pursues fairness when it comes to international trade by reducing tariffs and that promotes equal treatment among countries. The GATT was replaced by the World Trade Organization (<em>WTO</em>) in 1995 under the same objectives but with more participation of the member nations.
Answer:
$1,066.54
Explanation:
Calculation to determine the market value of the bond
Using this formula
Market value of bond = Coupon payment per period * [1-(1+i)^-n]/i + par value/(1+i)^n
Where,
i = interest rate per period
n = number of periods
Let plug in the formula
Market value of bond = 7%/2 * [1-(1+0.046/2)^-3*2]/(0.046/2) + 1000/(1+0.046/2)^3.2
Market value of bond = 3.5% * [1-(1+0.023)^-6]/(0.023) + 1000/(1+0.023)^6
Market value of bond=$1,066.54
Therefore the market value of the bond will be $1,066.54
Answer:
my friend is what state you live in tho?
Explanation: