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Anettt [7]
3 years ago
12

What is one of the best known functions of The Consumer Product Safety Commission?

Business
1 answer:
Alik [6]3 years ago
8 0

Answer:

<u>product recalls</u>

Explanation:

Note, the Consumer Product Safety Commission is an agency that is concerned with consumer product safety in general regardless of whether they are food-related products or not.

Hence, <u>this agency among its stated primary objectives on its official website includes carrying out product recalls where necessary.</u>

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Assume that you have just purchased some shares in an investment company reporting $500 million in assets, $50 million in liabil
kiruha [24]

Answer:

B. $9

Explanation:

Assets value = $500 million

Liability value = $50 million

Use following formula to calculate NAV

Net Assets value = Assets value - Liability value

Net Assets value = $500 million - 50 million

Net Assets value = $450 million

Net Assets value = $450 million / 50 million

Net Assets value = $9 per share

So, the correct option is B. $9.

6 0
3 years ago
Riverrun Co. provides medical care and insurance benefits to its retirees. In the current year, Riverrun agrees to pay $31,500 f
salantis [7]

Answer:

Date                     Details                                                Debit               Credit

December 31,      Employee benefits expense            $41,150

                             Medical insurance payable                                    $31,500

                             Employee Retirement program                             $9,650

                             payable

Working

= 31,500 + 9,650

= $41,150

7 0
3 years ago
city is spending $20 million on a new sewage system. The expected life of the system is 40 years, and it will have no market val
ValentinkaMS [17]

Answer:

capitalized worth = $13,475,000

Explanation:

Capitalized worth = annual worth / interest rate

  • annual worth = [initial outlay x discrete compounding factor (A/P, 8%, 40 periods)] - annual maintenance cost = ($20,000,000 x 0.0839) - $600,000 = $1,678,000 - $600,000 = $1,078,000
  • interest rate = 8%

capitalized worth = $1,078,000 / 8% = $13,475,000

Capitalized worth measures the present value of a project that should last a very long time.

6 0
3 years ago
Why do we use trade barriers? What is the purpose?
vladimir1956 [14]

Reasons For Using Trade Barriers.  As for protecting domestic producers, some countries use trade barriers is to protect immature domestic producers and industries that cannot effectively compete with foreign products. Trade barriers makes imported goods and products less attractive than locally produced goods.                                                                                                                    

4 0
3 years ago
Describe why it is important to understand how businesses impact you.
Marina CMI [18]

because they are the ones that provide me goods and services.

4 0
2 years ago
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