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3 years ago

What low-cost labor did white planters hope to use to regain their wealth?

1 answer:

7 0

The answer is: Plantation slaves
When the slavery is still legal, the slave owners are not bound to any form of obligations toward their slaves because technically they're the owner's private property. They often use the slaves to work for them in the plantation without giving the slaves anything in return.

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Cooley Landscaping Company needs to borrow $21 comma 000for a new front-end dirt loader. The bank is willing to loan the funds

kaheart [24]

Answer:

$ 4242.76

Explanation:

Annual payment = rP / (1 - ( 1 + r)^-n)

r = rate = 9.5%

P = the amount borrowed = $ 21000

n = number of years

Annual payment = 0.095 ($ 21 000) / ( 1 - (1 + 0.095)⁻⁷ ) = $ 4242.76

8 0

3 years ago

Suppose a basket of goods and services has been selected to calculate the CPI and 2012 has been selected as the base year. In 20

jek_recluse [69]

Answer:

a. 116.9 and the inflation rate was 16.9%

Explanation:

Definition

Consumer Price Index (CPI) is a statistical measure that is constructed using a weighted average market basket of consumer goods and services produced by a household.

CPI = (Cost of market basket ₓ / Cost of market basket ₓ₁) * 100

where x = present year(2014) and x1 = base year(2012)

CPI = (90/77) * 100

CPI = 116.88

CPI = 116.9 (to 1 decimal place)

Inflation =Current year basket cost - Base year basket cost * 100

Base year basket cost

Inflation = 90-77 * 100

Inflation = 16.88

Inflation = 16.9% ( to 1 decimal place)

7 0

3 years ago

Fervana Autos Inc., a large automobile company, made an initial small investment in a startup company that was developing a sola

eimsori [14]

Answer:

real options perspective

Explanation:

A real options perspective means that the investor has the right but not the obligation to invest in the other company, and/or has the right to buy it, but it is not required to do so. In this case, Fervana can invest if it considers it suitable or it can buy the start-up, buit it doesn't need to do anything if it doesn't want to.

5 0

3 years ago

Bank deposits that can be withdrawn on demand in various ways, including with a check or debit card, are called:

Nady [450]

Answer:

Demand deposits is the answer of your question

4 0

3 years ago

For each situation, prepare the appropriate journal entry for the redemption of the bonds.

Arada [10]

Answer and Explanation:

The journal entries are given below:

On Apr. 30

Bonds payable $124,000

Loss on redemption of bonds( bal fig) $18,228

Discount on Bonds payable($124,000 - $111,972) $12,028

Cash ($124,000 × 1.05) 1,30,200

(Being redemption of bonds at 105 is recorded)

On Jun. 30

Bonds payable $162,000

Premium on Bonds payable($174,960 - $162,000) $12,960

Gain on redemption of bonds ( bal fig) $14,580

Cash($162,000 × .99) $160,380

(Being redemption of bonds at 98 is recorded)

5 0

3 years ago