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3 years ago

Trade adjustment assistance promotes political support for free-trade agreements by:

Business

1 answer:

Rus_ich [418]3 years ago

4 0

Answer:

option C is the right answer

Explanation:

trade adjustment assistance programme was created to reduce the burden or damaging impart of import felt by some sector of the economy of a nation. and it creates an incentive to reduce trade barriers and export subsidies

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Bikul has just started a great job and plans to buy a fancy car worth $100,000. Bikul is risk-averse in money matters, but he li

dedylja [7]

Answer:

$10,000

Explanation:

Probability that Bikul wrecks the car is 0.10

loss of wrecking the car is $100000

Therefore risk of wrecking the car = Probability x loss

risk = 0.10 x 100000 = 10,000

premium can be equated with risk, hence premium = $10000

6 0

3 years ago

Cover food in the microwave with plastic wrap to?

nydimaria [60]

It would be to Absorb splatters moisture or spills

8 0

3 years ago

Victory Company uses weighted-average process costing to account for its production costs. Conversion cost is added evenly throu

harina [27]

Answer:

Victory Company

Materials Conversion Total

a. Equivalent units of production: 880,000 754,000

b. Cost per equivalent unit $3.00 $4.50

c. Total cost transferred out $2,100,000 $3,150,000 $5,250,000

Ending Work in Process 540,000 243,000 783,000

Explanation:

a) Data and Calculations:

Units transferred out = 700,000

Ending Work in process = 180,000

Total equivalent units:

Materials Conversion

Units transferred out 700,000 (100%) 700,000 (100%)

Ending Work-in-Process 180,000 (100%) 54,000 (30%)

Total equivalent units 880,000 754,000

Cost of production:

Materials Conversion Total

Beginning Inventory $420,000 $139,000 $559,000

Added in November 2,220,000 3,254,000 5,474,000

Total production costs $2,640,000 $3,393,000 $6,033,000

Cost per equivalent unit:

Materials Conversion

Total production costs $2,640,000 $3,393,000

Total equivalent units 880,000 754,000

Cost per equivalent unit $3.00 $4.50

Cost assigned:

Materials Conversion Total

Units transferred out 700,000 700,000

Cost per equivalent unit $3.00 $4.50

Total cost transferred out $2,100,000 $3,150,000 $5,250,000

Ending Work in Process 540,000 243,000 783,000

Total cost $2,640,000 $3,393,000 $6,033,000

6 0

3 years ago

An aging of a company's accounts receivable indicates that the estimate of uncollectible accounts totals $6,400. If Allowance fo

horsena [70]

Answer:

Debit to Bad Debt Expense for $7,700

Explanation:

Based on the information given we were told that company's accounts receivable shows the estimate of uncollectible accounts totals of the amount of $6,400 while the Allowance for Doubtful Accounts has the amount of $1,300 as the debit balance. This means that the adjustment to record the bad debt expense for the period will require a

Debit to Bad Debt Expense for $7,700 Calculate as:

Dr Bad Debts 7700

(6300+1300)

Cr To Allowance for Doubtful Accounts 7700

8 0

3 years ago

An insurance company is obligated to pay a policyholder $500 in one year and $2,000 in 3 years. The insurance company has decide

vladimir2022 [97]

Answer:

The total cost of establishing the portfolio is $2054.95.

Explanation:

The present value of a bond is given as

$PV=FV\times\dfrac{1}{(1+r)^n}$

For 1 year zero-coupon bond is

FV is 500
r is 7% or 0.07
n is 1

So the value is

$PV=FV\times\dfrac{1}{(1+r)^n}\\PV=500\times\dfrac{1}{(1+0.07)^1}\\PV=500\times\dfrac{1}{(1.07)}\\PV=500\times0.9346\\PV=\$ 467.29$

Similarly, for 3 years zero-coupon bond is

FV is 2000
r is 8% or 0.07
n is 3

So the value is

$PV=FV\times\dfrac{1}{(1+r)^n}\\PV=2000\times\dfrac{1}{(1+0.08)^3}\\PV=2000\times\dfrac{1}{(1.08)^3}\\PV=2000\times0.7938\\PV=\$ 1587.66$

So the total cost is

Total Cost=Cost of 1-year zero-coupon bond+Cost of 3-years zero-coupon bond

Total Cost=$ 467.29+$ 1587.66

Total Cost= $ 2054.95

So the total cost of establishing the portfolio is $2054.95.

6 0

3 years ago