Answer:
National security demands have made it imperative for the US to close the toilet paper trade gap (just think what would happen in times of war if we couldn’t produce our own!). The government has decided to reduce our imports from 100 million units to 90 million units. As the supreme TP czar, which of the following policies should be chosen? Show and explain why. a. A production subsidy b. A consumption tax c. An import tariff.
Answer:
The best answer is "D"
Explanation:
Jessica will not prevail in her product liability suit under a theory of misrepresentation.
The key to recovery on the basis of misrepresentation is the plaintiff's ability to prove that he relied upon the representations that were made and for Jessica she is a little more the 200 pound mark.
Answer:
Cash Receipt Budget
Cash receipt budget shows the sales of cash and credit. It also shows the frequency of the payment of credit sales by the customer.
5% of noncollectable will not be recorded in the cash receipt. Calculate GS's scheduled cash receipts for the month of September as shown below:
GS Cash receipt Budget For September month
Sales = $170,000
Cash sales (0.4 × $170,000) = 68,000
Collections of prior month's Receivables ($150,000 x 0.55) = 82,500
Total cash receipts = $150,500
Working Notes
Cash sales are 40 percent of total sales.
55 percent of previous month receivables are received in the current month. As such, receivables pertaining to August is received in September.
Therefore, GS's budgeted cash receipts for the month of September is computed as $150,500
The statement is false.
Dorothea Dix devoted her life to the cause of temperance, founding the American temperance organization.
Temperance in its modern use is defined as moderation or voluntary self-restraint. it's far commonly defined in terms of what a person voluntarily refrains from doing
Temperance is described as displaying restraint in ingesting or consuming, particularly averting alcohol. An instance of temperance is when you refrain from ingesting any alcohol.
The Bible defines temperance as “Emotional restraint. Whoever is gradual to anger has outstanding expertise however the person who has a hasty mood exalts folly.” (Folly is someone who does not appreciate God.) Daniel is a superb example of a person with temperance.
Learn more about temperance here brainly.com/question/2724002
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Answer:
The value of the firm or worth of the firm is $147058.82 rounded off to 2 decimal places
Explanation:
We first need to calculate the required rate of return for this firm that will be used as the discount rate in the valuation of the firm using the discounted cash flow methods.
Using the CAPM we can calculate the required rate of return as,
r = rRF + Beta * (rM - rRF)
Where,
- rRF is the risk free rate
- rM is the return on Market
So,
r = 0.04 + 0.4 * (0.11 - 0.04)
r = 0.068 or 6.8%
As the cash flows the firm can generate are expected to remain constant through out and they are generated after equal interval of time, this can be treated as a perpetuity.
The present value of a perpetuity is calculated as follows,
Present Value of perpetuity = Cash Flow / r
Present value of perpetuity = 10000 / 0.068
Present value of perpetuity = $147058.8235
So, the value of the firm or worth of the firm is $147058.82 rounded off to 2 decimal places
