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bearhunter [10]
3 years ago
11

What do you think policymakers expected would happen when they deregulated the trucking industry?

Business
2 answers:
irga5000 [103]3 years ago
7 0

Answer:

The change would mean a new way to update the trucking industry, but to achieve acceptance it will be necessary to change the general thinking of truckers and the owners of logistics companies

Explanation:

This is a change throughout the industry, all truck carriers are required to make the change. That is, if a record of the service status record will be maintained, you must make the complete change before December 2017.

That means selecting an appropriate ELD according to the budget and performing a complete installation for the entire fleet. Paper records will no longer be legal then.

According to a recent survey by Overdrive magazine, 71% of independent drivers have threatened to quit if they are forced to install these devices. Which would be a 10% reduction, or 260,000 trucks, of the current fleet of trucks in the industry. If true, logistics transport in the US UU. It would be a great success.

monitta3 years ago
6 0

Deregulation is the process of taking government power out of a particular industry.  If there were deregulations within the trucking industry there would be more competition within.  Not only that, there would be less rules to make sure the truckers are following their weight limited, aren't carrying things that they shouldn't be or are illegal. if the trucking industry was not regulated there would be a tougher time in making sure stores were delivered goods as needed.

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On July 1, 2021, Clearwater Inc. purchased 9,300 shares of the outstanding common stock of Mountain Corporation at a cost of $21
il63 [147K]

Answer and Explanation:

1. The journal entry is given below:

Investment in Mountain $213,000

     To Cash $213,000

(Being the original investment is recorded)

Here the investment is debited as it increased the assets and credited the cash as it decreased the assets

2.

The goodwill is

Purchase price $213,000

Less : Fair value of assets purchased (30%of $660,000)  $198,000

Goodwill Purchased (difference) $15,000

3.

Cash (30% × $11,700) $3,510  

         To Investment in Mountain  $3,510

(being cash is recorded)

Investment in Mountain (30%  17,700) $5,310  

         To Investment Revenue  $5,310

(Being investment is recorded)

6 0
3 years ago
What constitutional guarantees underlie the american free enterprise sytem
FinnZ [79.3K]
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6 0
4 years ago
Read 2 more answers
Phildell Phoenix is paid monthly. For the month of January of the current year, he earned a total of $8,288. The FICA tax rate f
AysviL [449]

Answer:

Total deduction                               2,443.21

Explanation:

8,288

x 6.20% Sccial Security                      513.856

x 1.45% Medicate                                120.176

x 6.20% FUTA&SUTA  (for 7,000)       434              

Income tax witheld                           1,375.17

Total deduction                               2,443.21

We will multiply his taxable wages for period by the tax rate.

We must noticew FUTA and SUTA applies fdor the first 7,000 only so we multiply by 7,000 not by 8,288

3 0
4 years ago
Assume that the short-run cost and demand data given in the tables below confront a monopolistic competitor selling a given prod
sesenic [268]

Answer:

<u>$35</u>

<u>Explanation</u>:

Note the formula:

Total revenue (TR)= Price (P) x Q and Marginal revenue (MR) = Change in TR / Change in Q

<u>Total Revenue for 2 units of output sold</u>

= 2 x $50 = $100

<u>Total Revenue for 3 units of output sold</u>

= 3 x $45 = $135

<u>The Marginal Revenue=</u>

Change in TR (135-100) / Change in quantity (3-2)

= $35/1

= <u>$35</u>

Therefore, the Marginal Revenue If the firm sells 3 units of output, will be $35.

7 0
3 years ago
Fillmore Industries is a vertically integrated firm with several divisions that operate as decentralized profit centers. Fillmor
Fittoniya [83]

Answer:

Fillmore Industries

Fillmore's Systems Division

1. Minimum and Maximum Transfer Prices:

                                PCB      Transistor

Minimum transfer

price                  $12.00      $3.45

Maximum transfer

price                  $12.09      $3.58

2. Yes. The Transistor Division can meet this price.  It can sell at $2.60 (Variable cost plus markup) by eliminating the fixed cost, which is not a relevant cost.

3. A transfer price of $11 reduces the profitability of the Transistor Division while it increases the profitability of the other division.  The transfer price should be a market-competitively determined price to encourage efficiency in the divisions.

Explanation:

a) Data and Calculations:

                                PCB      Transistor

Direct materials      1,85          0,40

Direct labor            4,20          0,90

Variable overhead 2,40          0,70

Fixed overhead     0,85          0,75

Total Cost              9,30          2,75

Marked up Price $12.09      $3.58

Minimum transfer

price                  $12.00      $3.45

Maximum transfer

price                  $12.09      $3.58

Market price       $12.00     $3.45

5 0
3 years ago
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