BUSINESS COLLEGE

Refer to the scenario above. If the terms of trade are 1.5 kilos of cloudberries for a kilo of salted cod, the terms of trade are ________

Answers

Answer 1
Answer:

Answer:

B. Advantageous  for both Norway and Sweden.

Explanation:

The full question is missing but have been attached as picture below.

Options Includes "A. advantageous for Norway but not for Sweden, B. advantageous for both Norway and Sweden, C. advantageous for Sweden but not for Norway, D. not advantageous for either Norway or Sweden"

Norway's opportunity cost of salted cod is 1 cloud berries and 2 cloud berries for Sweden. Since the international price lies between Norway's and Sweden's opportunity cost, it is beneficial for both of them.
Answer 2
Answer:

Final answer:

The terms of trade in the asked scenario are 1.5 kilos of cloudberries for a kilo of salted cod. It's the rate at which these goods are exchanged for one another.

Explanation:

The term 'Terms of Trade' in economics is used to define the rate at which one country's goods are exchanged for another's. In the given scenario, the terms of trade are established at 1.5 kilos of cloudberries for a kilo of salted cod. This indicates that, in this specific situation, 1.5 kilos of cloudberries are considered equivalent in value to a kilo of salted cod. The ratio of the exchange (1.5:1 in this case) is what's referred to as the terms of trade.

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Jaxon Furnishings Company is considering logging opportunities in Alaska to obtain wood for their products. The market analysis team is busy comparing the benefits of increased wood production to the costs of deforestation and resulting environmental conditions. The company is using the _____ approach to make this ethical decision.
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Johanna recently took over her father's business. She considered changing the date when she records and reports the business' financial results. Her accountant advised her not to do this. Which accounting principle is the basis of the accountant's advice

Answers

Answer: Time period

Explanation:

From the question, we are informed that Johanna recently took over her father's business and she considered changing the date when she records and reports the business' financial results but her accountant advised her not to do this.

The accounting principle that is the basis of the accountant's advice is time period principle. The time period principle states that information regarding a particular transaction shouldn't be changed when it has been reported for at a particular time period.

In our newly networked world, reading is:A. the taking in of words.
B. a comment
c. a conversation,
D. only about producing words.

Answers

Answer:c

Explanation:

45) According to the text, the most logical budget-setting method in advertising is the method A) adaptive-control B) objective-and-task C) competitive-parity D) affordable E) percentage-of-sales 46) Which of the following is a disadvantage of using online, mobile, and social media for advertising? A) The costs are high B) Audience selectivity is low. C) The audience controls ad exposure. D) The interactive capabilities are low, I E) There is little scope for personalization

Answers

B) Objectives and Task Method As a result, the "objectives and task" method are regarded as one of the most logical budgeting strategies for advertising.

The objectives and goals of marketing and advertising are established using this strategy.

How does the objective task method work?

The objective task method, which is also known as the "objective and task" method, is a system in which a business decides how much money to put into its marketing budget based on specific goals rather than just on sales revenues or projections.

The competitive paritymethod works on the premise that competing businesses have comparable marketing objectives and rationally implement them. Therefore, if a competitor spends approximately 5% of net sales on advertising, the company will match that competitor's advertising budget.

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ECB Co. has 1.15 million shares outstanding selling at $24 per share. It plans to repurchase 97,000 shares at the market price using its cash reserves. What will be its market capitalization after the repurchase? What will be its stock price?

Answers

Answer: $24

Explanation:

From the question, ECB will have a market capitalization of:

= $24 × 1,150,000

= $27,600,000

We are further told that It plans to repurchase 97,000 shares at the market price using its cash reserves, therefore it will need to pay:

= $24 × 97,000

= $2,328,000

The new market capitalization will be:

= $27,600,000 - $2,328,000

= $25,272,000

Its share price will now be:

= $25,272,000/(1,150,000 - 97,000)

= $25,272,000/1,053,000

= $24

The stock price is still $24

Daisy, Inc., hopes to report a total book tax expense of $160,000 in the current year. This $160,000 expense consists of $240,000 in current tax expense and an $80,000 tax benefit related to the expected future use of an NOL by Daisy. If the auditors determine that a valuation allowance of $30,000 must be placed against Daisy's deferred tax assets, what is Daisy's total book tax expense

Answers

Answer:

$190,000

Explanation:

Calculation for total book tax expense

Using this formula

Total book tax expense=Total book tax expense+Valuation allowance

Let plug in the formula

Total book tax expense=$160,000+$30,000

Total book tax expense=$190,000

Therefore Daisy's total book tax expense will be $190,000

Suppose you operate a coal power plant and is considering upgrading the flue gas desulphurisation (FGD) facility (or "scrubbers") to reduce sulphur dioxide emissions. A contractor says their new system will cost $5000 per year to operate. Calculate, to the nearest dollar, the present value of the operational costs for the next four years. Assume a discount rate of 2%.

Answers

Answer:

The present value is  $19,039

Explanation:

The computation of the Present value is shown below

= Present value of all yearly cash inflows after applying discount factor

The discount factor should be computed by

= 1 ÷ (1 + rate) ^ years

where,  

rate is 2%  

Year = 0,1,2,3,4 and so on

Discount Factor:

For Year 1 = 1 ÷ 1.02^1 = 0.9804

For Year 2 = 1 ÷ 1.02^2 = 0.9612

For Year 3 = 1 ÷ 1.02^3 = 0.9423

For Year 4 = 1 ÷ 1.02^4 = 0.9238

So, the calculation of a Present value of all yearly cash inflows are shown below

= (Year 1 cash inflow × Present Factor of Year 1) + (Year 2 cash inflow × Present Factor of Year 2) + (Year 3 cash inflow × Present Factor of Year 3) + (Year 4 cash inflow × Present Factor of Year 4)

= ($5,000 × 0.9804) + ($5,000 × 0.9612) + ($5,000 × 0.9423) + ($5,000 × 0.9238)

= $4,901.96  + $4,805.84  + $4,711.61  + $4,619.23

=  $19,039

We take the first four digits of the discount factor.  
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