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alexira [117]
3 years ago
7

The following table contains statements that provide some analysis of policies that address globalization. Categorize each of th

ese statements as either positive or normative.
1. Statement Positive Normative In the past decade, U.S. companies have outsourced millions of jobs overseas.
2. Companies that outsource jobs are acting immorally.
3. If the U.S. government were to institute higher tariffs on imports, companies would stop outsourcing jobs.
4. The U.S. government should institute higher tariffs on imports.
Business
1 answer:
Leokris [45]3 years ago
6 0

Answer:

In the past decade, U.S. companies have outsourced millions of jobs overseas - Positive

Companies that outsource jobs are acting immorally - Normative

If the U.S. government were to institute higher tariffs on imports, companies would stop outsourcing jobs - Positive

The U.S. government should institute higher tariffs on imports - Normative

Explanation:

Normative statements are statements made out of value judgements. Normative statements are opinions.

Positive statements are statements made based on facts. They are objective statements that can be tested, accepted or rejected using evidence.

I hope my answer helps you

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Times Inc. is trying to develop an asset-financing plan. The firm has $540,000 in temporary current assets and $440,000 in perma
masya89 [10]

Answer:

Times Inc.

                                                 Conservative         Aggressive

a) Annual interest payments        $207,360           $184,275

b) Earnings After Taxes                 $127,584           $141,475

c) Annual interest payments        $149,040           $172,125

Earnings After Taxes                    $162,576          $148,725

Explanation:

a) Data and Calculations:

Temporary current assets = $540,000

Permanent current assets =   440,000

Fixed assets =                         640,000

Total assets =                     $1,620,000

Assumed tax rate = 40%

                                                 Conservative         Aggressive

Financed by long-term sources       80%                    56.25%

Long-term finance                     $1,296,000              $911,250

Short-term finance                         324,000 (20%)     708,750 (43.75%)

Annual interest payments:

Long-term interest rate = 14%      $181,440              $127,575

Short-term interest rate = 8%         25,920                 56,700

Total annual interest payments $207,360              $184,275

b) Earnings before

 interest and taxes                   $420,000               $420,000

Annual interest payments          207,360                   184,275

Earnings before taxes               $212,640               $235,725

Income taxes (40%)                       85,056                   94,250

Earnings After Taxes                 $127,584                 $141,475

Annual interest payments:

Long-term interest rate = 8%      $103,680              $72,900

Short-term interest rate = 14%        45,360                99,225

Total annual interest payments  $149,040             $172,125

c) Earnings before

 interest and taxes                   $420,000               $420,000

Annual interest payments           149,040                    172,125

Earnings before taxes              $270,960                $247,875

Income taxes (40%)                     108,384                     99,150

Earnings After Taxes                $162,576                 $148,725

5 0
3 years ago
​Amber, Inc. provides the following information for​ 2019: Net income $ 330 comma 000 Market price per share of common stock $ 6
Levart [38]

Answer:

The earnings per share for 2019 is $1.78

Explanation:

The computation of the earning per share is shown below:

Earning per share = (Net income) ÷ (weighted number of outstanding shares)

where,

Net income = $330,000

Weighted number of outstanding shares = (Beginning balance of common stock + ending balance of common stock) ÷ 2

= (160,000 shares + 210,000 shares) ÷ 2

= 185,000 shares

Now put these values to the above formula  

So, the value would equal to

= $330,000 ÷ 185,000 shares

= $1.78 per share

6 0
3 years ago
Suppose that the balance of a company's Allowance for Uncollectible Accounts was $6,200 (credit) at the end of 2015, prior to an
Margaret [11]

Answer:

bad debt expense 38,100

Explanation:

We will adjust the allowance to match the estimated incollectible accounts, this adjustment will done against the bad debt expense account which, will be disclusure on the income statement.

allowance for uncollectble accounts    44,300

     current balance                                 (6,200)

 adjustment for allowance                   38,100

<u>Then, the company will do the adjusting entry:</u>

bad debt expense                                38,100 debit

   allowance for uncollectible account                      38,100 credit

This will be the bad dent expense in the income statement.

7 0
4 years ago
Pro Formas can be structured in many different formats; however, they all help forecast a company’s financial feasibility, break
kvv77 [185]

Answer:

How do you envision this knowledge and skill with pro formas will give you an advantage over other job candidates?

Explanation:

If you know about proformas, you are a specialist in companies that issue a profit announcement and make it available to the public, particularly to potential investors. Additionally, you are able to assess the potential value of a proposed change, such as an acquisition or a merger

8 0
4 years ago
Read 2 more answers
American Corporation has the following financial information. Year 1 Year 2 Cash $ 202.95 $ 245.90 A/R 398.02 485.34 Inventory 7
Scorpion4ik [409]

Answer: The answer is given below

Explanation:

Since Year 1 has been given as the base year, the percentage change will be:

(Year 2 - Year 1)/Year 1 × 100

Cash:

= (245.90 - 202.95)/202.95 × 100

= 42.95/202.95 × 100

= 0.21 × 100

= 21% Increase

A/R:

= (485.34 - 398.02)/398.02 × 100

= 87.32/398.02 × 100

= 0.22 × 100

= 22% Increase

Inventory:

= (648.54 - 785.12)/785.12 × 100

= -136.58/785.12 × 100

= -0.17 × 100

= 17% decrease

7 0
4 years ago
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