Answer:
The correct answer is A. Both Laura and Cassie are correct.
Explanation:
Since Laura says that the present value of $ 700 to be received one year from today if the interest rate is 6 percent is less than the present value of $ 700 to be received two years from today if the interest rate is 3 percent, and Cassie says that $ 700 saved for one year at 6 percent interest has a smaller future value than $ 700 saved for two years at 3 percent interest, to determine who is right, the following calculations must be performed:
700 x 1.06 = 742
700 x 1.03 ^ 2 = 742.63
Therefore, both Laura and Cassie are correct in their claims.
Answer: a lot more
Explanation: Organizations and businesses buy a lot more than consumers. They purchase industrial goods in large quantities to further process or use in their own business operations.
Answer:
If protective import-restricting tariffs are imposed by a country, in the majority of cases that nation's consumers end up
paying a higher price for the good than they otherwise would.
Explanation:
Import-restricting tariffs increase the cost of goods and services imported from other countries. Governments have various reasons for making such impositions. Some claim that the tariffs are imposed to protect local industries or to comply with local content requirements. However, these restrictions hamper free trade. They also distort the competitiveness of nations.
Answer:
bill of lading
Explanation:
Bill of lading is a legal document issue when goods are transferred from one place to another. It is issued by the freight carrier to the person who is shipping the goods. This document contains details such as which goods are shipped, quantity, details of destination. It also serves the purpose of shipment receipt, once the goods are delivered at mentioned destination in the document. To make sure that requisite goods has been correctly received the destination and shipped correctly from the shipper, the document is signed by authorized person from the receiver, the shipper, and the carrier.
The objective of such document is
- preventing theft of goods.
- Create transparency of transaction.
- Serves as a legal proof in case of any conflict.
The gradual decrease in the value of natural resource is called depletion. The deplection expense is calculated on the cost net off salvage value.
Therefore, Depletion expense per ton of ore would be $0.64 per ton of ore.
