Q: What was the central point that Bastiat was trying to make in his imaginary petition of the candle makers? A: <span>The "Candle Maker's Petition" is a satire of protectionist </span>tariffs<span> written the by great French economist, </span>Frederic Bastiat.
<span>
Q:</span><span>Do you agree with Bastiat? A: this is an opinion. no right or wrong.
Q:</span><span>Why or why not? How does this argument relate to current arguments about free trade? A: Again your opinion if needed for this responce.
</span>
B because the currency traders believe that value of rubber ruble was important
Answer:
Cindy has more amount than Jimmy.
Explanation:
Amount invested by Cindy P = $3000
Annual rate of interest = 8%
As the amount is compounded semiannually
So rate of interest 
%
Time = 20 year
So time period n = 20×2 = 40
So amount own by Cindy 
$
Amount deposit by jimmy P = $3000
Annual rate of interest = 7.75 %
As the amount is compounded monthly
So rate of interest 
%
Time period = 20×12 = 240
So amount own by Jimmy
$
From the calculation we can see that Cindy has more amount than Jimmy.
Answer:
Effect on income= $68,580 increase
Explanation:
<u>Because it is a special order, and there is unused capacity, we will not take into account the fixed costs. Only the variable ones.</u>
<u>First, we need to calculate the unitary cost:</u>
Unitary cost= 46.1 + 8.8 + 1.8 + 1.3
Unitary cost= $58
<u>Now, the effect on the income of accepting the offer:</u>
Effect on income= 2,700*(83.4 - 58)
Effect on income= $68,580 increase
Answer:
$147,500
Explanation:
Computation of Napa's dividends-received deduction
Napa is said to holds less than 20% stock interest in KLP Inc which means that the dividends received deduction in the case of dividends received from KLP would be 50%.
And in case of dividends received from Gamma, the dividends received deduction would be 100% reason been that KLP holds more than 80% of the stock interest in Gamma.
Hence:
Napa’s dividends-received deduction will be:
= ($55,000 x 50%) + $120,000
=$27,500 +$120,000
= $147,500
Therefore Napa's dividends-received deduction will be $147,500
