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raketka [301]
3 years ago
9

PLEASE HELP!!! Lionel works for an energy company interested in drilling for oil off the coast of a small island. The representa

tive for the local fishing industry, Rochelle, says that locals are vigorously opposed to Lionel’s idea. A town meeting is held. Lionel explains how his company is dedicated to practicing the safest drilling techniques. He explains that oil piped from the ocean’s floor is purer and that it can be harvested in a more efficient way than an oil rig on land. Lionel also emphasizes how much the trucks carrying fish to the markets all over the country would save if local oil was able to be used. Rochelle fires back that in the past, serious accidents with offshore oil drilling have been reported. She points out that if there were a spill, the resulting death of fish would cost the local fisherman their livelihood. Local opinion on the issue is split. Before the town agrees to side with Lionel’s energy company or Rochelle’s local fish industry, officials orde
Business
1 answer:
nikklg [1K]3 years ago
3 0

Answer:

the question is incomplete, the last part is missing:

<em>Before the town agrees to side with Lionel’s energy company or Rochelle’s local fish industry, officials order a report from a biotechnologist. Everyone agrees to go with what the biotechnologist recommends. Which side do you think the biotechnologist will agree with? Why?</em>

First of all we have to understand what a biotechnologist does. A biotechnologist studies the cells, tissues and other parts of living organisms  (similar to a biologist) but their purpose is to develop new processes, procedures or technologies that can be used by humans to make a profit. Biotechnologists develop products like herbicides for agriculture, or new drugs for pharmaceutical companies, etc.

A biologist would probably side with Rochelle and the rest of the fishermen, but a biotechnologist would probably side with Lionel and the oil company. Biotechnologists' work is based on developing new technologies from living organisms that can be used by companies to make a profit

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Rama09 [41]

Answer:

The correct answer is letter "B": They should be ignored in a bidding war.

Explanation:

Negotiations are vital in every aspect. They allow individuals to deal with situations in which parties need from each other but either of them is willing to take the first step to come to an agreement. Negotiations can also be useful out of problematic situations when parties voluntarily want to make a pact but the initial terms are unclear.

Placing limits for negotiations is important as well. Limits will prevent parties from giving to much of themselves or avoiding the other party to take advantage of a given situation. Thus, in front of war, limits must be placed in a negotiation.

7 0
3 years ago
A firm purchases goods on credit worth $150. The same firm pays off $100 in old credit purchases. An investment is made via the
Oxana [17]

Answer:

A. $50 increase

Explanation:

Basically there are three types of activities:

1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.

2. Investing activities: It records those activities which include purchase and sale of the fixed assets

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.  

The change in net cash provided by operation is shown below:

= Investment made - purchased goods on credit - paid amount

= $300 - $150 - $100

= $50

4 0
3 years ago
The Phoenix Corporation's fiscal year ends on December 31. Phoenix determines inventory quantity by a physical count of inventor
lutik1710 [3]

Answer:

1. Merchandise held on consignment for Trout Creek Clothing.

  • Excluded from the company's year-end inventory because they belong to another company.

2. Goods shipped f.o.b. destination on December 28 that arrived at the customer's location on January 4.

  • Included in the company's year-end inventory because FOB destination shipments transfer ownership only after they are delivered, not while on transit.

3. Goods purchased from a vendor shipped f.o.b. shipping point on December 26 that arrived on January 3.

  • Included in the company's year-end inventory because FOB shipping point shipments transfer ownership after they leave the seller's facilities.

4. Goods shipped f.o.b. shipping point on December 28 that arrived at the customer's location on January 5.

  • Excluded from the company's year-end inventory because FOB shipping point shipments transfer ownership after they leave the seller's facilities, so they belong to the buyer now.

5. Phoenix had merchandise on consignment at Lisa's Markets, Inc.

  • Included in the company's year-end inventory because merchandise on consignment belong to the company, not to Lisa' Market.

6. Goods purchased from a vendor shipped f.o.b. destination on December 27 that arrived on January 3.

  • Excluded from the company's year-end inventory because FOB destination shipments transfer ownership only after they have been delivered, not while in transit.

7. Freight charges on goods purchased in 3.

  • Included in the company's year-end inventory because freight costs under FOB shipping point are paid by the buyer.

3 0
3 years ago
Trell Corporation transferred $50,000 of accounts receivable to a local bank. The transfer was made without recourse. The local
PIT_PIT [208]

Answer:

Correct one is Option D.

<u>$6,500</u>

Explanation:

Fair value of its 20% interest in the receivables 8000  

Less: Factoring fee=50000*3% =1500

Amount receivable from factor= 8000-1500=6500  

7 0
3 years ago
5 years ago, Barton Industries issued 25-year noncallable, semiannual bonds with a $1,000 face value and a 9% coupon, semiannual
andreev551 [17]

Answer: 7.67%

Explanation:

To solve this, the financial calculator will be needed

Present value = -896.87

Future Value = 1,000

N = [(25 - 5years) × 2 = 40

PMT = $45

Given the above information, we will press the financial calculator as we'll press CPT after which we then press I/Y and we'll get 5.11%

Then, the the firm's after-tax cost of debt will be:

= (5.11% x 2 )(1 - 0.25)

= (0.0511 × 2) (0.75)

= 0.07665

= 7.665%

= 7.67%

6 0
3 years ago
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