Answer: The supply of beef would increase, decreasing beef prices.
Explanation: if there is a decrease in the price of the feed grains used to feed cattle, it would leads to an increase in the supply of beef in the market and consequently decrease the price of beef in the market. It would result to an increase in the supply of beef because the cattle rearers would have enough feeds for the cattle which will make them grow faster.
The interest earned by the Sherwood Day Corporation is calculated by subtracting from the net income all the expenses including the interest expense and the tax expense. Mathematically,
interest earned = $200,000 - ($40,000 + $30,000)
= $130,000
From the described case in the question, it is clear that Frank believes in doctrine called at-will employment or employment at-will.
At-will employment is a <u>U.S term used for a condition where an employee can be fired at anytime and without any warning as long as the reason isn’t illegal by law</u>.
This type of doctrine is no longer the main doctrine used in most U.S states by the 20th century, but it was commonplace during the late 19th century.
Answer:
7.78%
Explanation:
Equivalent taxable yield can be calculated as follows
Equivalent taxable yield = Coupon rate / 1 - Tax Rate
Equivalent taxable yield= 5.45%/ 1 - 30% x 100
Equivalent taxable yield = 7.78%
