Answer:
A. National-security argument
Explanation:
The National-security argument is also known as the National-defense argument. The argument proposes the imposition of high tariffs on locally manufactured goods so that the country would not be dependent on other countries for those goods in the event of war. For example, if a country is dependent on other counties for the production of food, then it would be in great danger in the advent of war. Tires that are also used to prepare weapons should be sourced within a country so that in the advent of war, the country would not be dependent on others.
This is the argument employed by the congresswoman who sought the imposition of a tariff on tires so that the United States would not be dependent on other foreign countries during a war.
Answer:
$19,215.65
Explanation:
To the determine the amount to be invested, we have to find the present value of $22,000 at 7%
P= FV ( 1 + r) ^-n
FV = Future value = $22,000
P = Present value
R = interest rate = 7%
N = number of years = 2
$22,000(1.07)^-2 = $19,215.65
I hope my answer helps you
Answer:
A
Explanation:
Working capital are the components of the current assets that represents liquidity , readily available for day to day business operation.
It is made up of cash , receivable , payable , inventory balance .
Due to the new development in the business of Butler automotive , there is an upsurge in the demand for oil which has led to the increase in the oil inventory to the tune of $5,000
This means that the required working capital of Butler also has to increase to meet up with the demand.
Answer:
-7,759.29 dollar
Explanation:
cost of maintenance and operation
initial cost of $5500 x 20%
= 1100 Dollars
salvage value
initial cost of $5500 x 5%
= $275
pw = -5500-1100(p/a,17%,3) +275(p/f,17%,3)
pw = -5500-(1100*2.21) + (275*0.6244)
pw = -5500-2431+17.71
= -7759.29
so pw, that is present worth of new stations using internal MARR of 17% is -7759.29 dollars
Answer:
The journal entry is as follows:
Cash A/c Dr. $18,000
Equipment (Fair value) A/c Dr. $9,000
To N's capital $27,000
(To record the investment bought by Nichols)
Workings:
Cash contributed by Nichols = $18,000
Equipment's Book value = $6,300
Fair value of equipment = $9000
Nichols capital = $18,000 + $9,000
= $27,000
