What country is better for international business? Spain, Pakistan, Bangladesh or Brazil

3 Explain how a price support in the market for an agricultural product creates

RoseWind [281]

Answer:

Explained below

Explanation:

- A price support in the market for an agricultural product will increase the quantity that's produced and also decrease the quantity being consumed which will in turn create a surplus.

- Now, to maintain this support price, the government usually will buy the surplus and then subsidize the producer.

- This price support will be of great benefit to the producer but on the other hand it will cost the consumer/taxpayer more than the producer will profit thereby creating a deadweight loss.

- In summary, this price support can be said to be inefficient and is normally unfair.

6 0

3 years ago

Backstreets Co. recently acquired all of Jungleland, Inc.'s net assets in a business acquisition. The cash purchase price was $7

kirill [66]

Answer:

The goodwill that resulted from the transaction is $1.3 million, the excess paid by Backstreets Co. over the net assets of Jungleland Inc. acquired

Explanation:

Goodwill is the excess of purchase consideration over net assets acquired in a business combination.

The total net assets acquired can be deduced as total assets less total liabilities:

Land $2m

Buildings $3.7m

Inventory <u>$2.5m</u>

total assets 8.2m

Liabilities ($1.8m)

Net Assets $6.4 m

Purchase price $7.7 m

Goodwill is $1.3m ($7.7m -$6.4m)

The goodwill is the advantage that the owners business have over the new owners being the pioneers that set the business on the right path

5 0

4 years ago

Henry and claudia can claim alyssa for which tax benefit(s)?

nexus9112 [7]

The answer is dependency exemption and the child tax credit. A dependency exemption is an amount of money that can be subtracted from adjusted gross income for having dependents. The personal and dependent exemptions and qualifying family members lessen the amount of income on which will be taxed. In which in effect, these exemptions are the same as deductions while a child tax credit is a non-refundable credit that lessens the liability of a taxpayer on a currency basis which is envisioned to offer an extra measure of tax reprieve for taxpayers with succeeding dependents.

6 0

3 years ago

Is cereal soup or no?

krek1111 [17]

Answer:

What the heck is a cereal soup

Explanation:

Whatever it is it doesn't sound too apetizing.

5 0

3 years ago

Read 2 more answers

Penn Company uses a predetermined overhead rate based on direct labor hours to apply manufacturing overhead to jobs. At the begi

Lemur [1.5K]

Answer:

C) underapplied overhead of $5,000

Explanation:

If the Actual Overheads > Applied Overheads, we say overheads are under-applied.

and

If the Applied Overheads < Actual Overheads, we say overheads are over-applied.

where,

Applied Manufacturing Overheads = Predetermined Overhead Rate × Actual Hour

and

Predetermined Overhead Rate = Estimated Overhead ÷ Estimated Total Hours

= $100,000 ÷ 10,000

= $10.00 per direct labor hour

Thus,

Applied Manufacturing Overheads = $10.00 x 10,500 direct labor hours

= $105,000

therefore,

Actual Manufacturing Overheads = $110,000

Applied Manufacturing Overheads = $105,000

Overheads under-applied = $5,000 ( $110,000 - $105,000)

3 0

3 years ago