Answer:
Tariff of 1832
Explanation:
The Tariff of 1832 was enacted to replace the 1828 import tariffs commonly known as Tariffs of Abomination. Most southern states did not like it, but its greatest opposition came from South Carolina since its economy depended greatly in foreign trade. Back then America's largest export was cotton produced by southern states.
Due to South Carolina's extreme opposition, it was replaced by the Compromise Tariff of 1833. This last tariff would gradually decrease the tax rates until they fell back to 1816 levels, which was approximately 20%.
The Nullification Crisis refers to a legal process carried out in South Carolina that determined that federal taxes, specifically import tariffs were unconstitutional and shouldn't apply to them. The problem is that the Supreme Court decides what is unconstitutional or not, not a state court.
Answer:
3482.12
Explanation:
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator
Cash flow = net income + depreciation = 16,200 + 3300 = 35,700
($56,100 - $7500) / 3 = 16,200
Cash flow in year 0 = 56,100
cash flow in year 1 and 2 = 35700
cash flow in year 3 = 35,700 + 7500
i = 5%
NPV =
<span>A rapid increase in the money supply may lead to a "Deflation"
Hope this helps!
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The British Empire.
It isn't descriptive enough to seem to be AI or internet.
Answer:
Predetermined rates for each cost pool
Ordering = <u>$120,000</u>
240,000 orders
= $0.50 per order
Machine set-up = <u>$85,000</u>
340,000 set-ups
= $0.25 per set-up
Inspection = <u>$75,000</u>
75,000 inspections
= $1 per inspection
Explanation:
The predetermined rates are obtained by dividing the estimated overhead for each cost pool by the cost driver.
