Answer:
C. Infant-industry argument
Explanation:
The lobbyst is using the infant-industry argument because he is claiming that all that the emerging national industry needs is some temporary trade restrictions until it can develop enough to compete.
This argument is very commonly used against free trade, and is based on the belief that national industries should be allowed to grow in isolation before opening up the markets. The problem with this argument is what happens if the national industry remains uncompetitive even after a long period of trade restrictions.
Answer:
$91,900
Explanation:
The computation of net sales revenue is shown below:-
Here, for reaching the net sales revenue we add the sales revenue and deduct the sales return and allowances with sales discounts
Net sales revenue = Sales Revenue - Sales Returns and Allowances - Sales Discounts
= $95,000 - $1,000 - $2,100
= $91,900
Therefore we have applied the above formula.
Answer:
Increase In Assets and an increase in liabilities
Explanation:
DIRECT LABOUR can be seen or defined as the labour a person or an individual put in the production of goods and services in which they are been paid for as wages.
Therefore The journal entry to record DIRECT LABOR USED IN PROCESS COSTING is a(n):
INCREASE IN ASSETS and AN INCREASE IN LIABILITIES reason been that in direct labour used in process costing an increase in Asset will as well lead to Increase in Liabilities.
Answer:
$1,545,000
Explanation:
The formula to compute the cost of the building equal to
Rate of return = (Rental income - expenses) ÷ (cost of building
)
where,
Rate of return = 8%
Rental income equals to
= ($600 × 4 units + $750 × 4 units + $725 × 4 units + $800 × 4 units) × 12 months
= $138,000
Total expense
= $1,200 × 12 month
= $14,400
Now the cost of building would be
8% = ($138,000 - $14,400) ÷ (cost of building
)
8% = $123,600
So, the cost of building equal to $1,545,000
Answer:
Net present value = $2063.1922
Explanation:
given data
initially costs = $40,500
cash flows = $34,500
final cash inflow = $12,000
required rate of return = 18.5 percent
solution
The cash flows is
Year 0 = $40500
Year 1 = $0
Year 2 = $0
Year 3 = $34500
Year 4 = $34500
Year 5 = $0
Year 6 = $12000
so Net present value will be express as
Net present value = -Initial cash outflow + Present value of future cash flows ...............1
Present value of future cash flows = (cash flow in year n) ÷ (1 + required rate of return)^t ..........................2
put here value we get
Present value = 
Present value = $42563.1922
Net present value= -$40500 + $42563.1922
Net present value = $2063.1922
