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sammy [17]
2 years ago
7

Assume that more corn is used to produce ethanol. Simultaneously, more effective control of pests and weeds occurs during farmin

g. Which of the following will definitely occur in the corn market? a. The price of corn will increase b. The quantity of corn will decrease c. The price of corn will decrease d. The quantity of corn will increase e. The supply of corn will decrease
Business
1 answer:
Sophie [7]2 years ago
4 0

The price of corn will increase  will definitely occur in the corn market.

Option A

<u>Explanation: </u>

Ethanol is a renewable fuel of several organic materials known as "biomass." Further, then 98% of U.S. petroleum includes ethanol, usually E10 to control air emissions, or E10 (10% ethanol, 90% gasoline). Oxygenation of petrol

Corn ethanol is the primary ethanol origin of ethanol fuel throughout the United States derived from corn biomass.

Maize ethanol is generated by fermenting and distilling of ethanol. It is questionable whether corn ethanol consumption leads to lower pollution of greenhouse gas than petrol.

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Xion Co. budgets a selling price of $80 per unit, variable costs of $35 per unit, and total fixed costs of $270,000. During June
nika2105 [10]

Answer and Explanation:

The preparation of flexible budget report is shown below:-

                                              Xion CO.

                                   Flexible budget report

                   Flexible budget    Actual results   Variances  Favorable/

                                                                                           Unfavorable

Sales             $864,000              $885,000        $21,000    Favorable

                   (10,800 × $80)

(-) Variable

cost            $378,000               $351,000          $27,000   Favorable

                    (10,800 × $35)

Contribution  $486,000             $534,000         $48,000   Favorable

(-) Fixed cost   $270,000            $285,000         $15,000   Unfavorable

Net income    $216,000              $249,000           $33,000  Favorable

8 0
2 years ago
On January 1, 2019, Shay Company issues $400,000 of 10%, 12-year bonds. The bonds sell for $391,000. Six years later, on January
noname [10]

Answer:

$9,000

Explanation:

The computation of the  amount of the discount on the bonds at issuance is shown below:

= Par value of the bond - issued price of the bond

= $400,000 - $391,000

= $9,000

By deducting the issued price of the bond from the par value of the bond we can get the discount amount on issuance of the bond and the same is applied above

4 0
2 years ago
Thayer Farms stock has a beta of 1.38. The risk-free rate of return is 3.87 percent, the inflation rate is 3.93 percent, and the
meriva

Answer: 16.33%

Explanation:

With the details given, the best method of Calculating the expected rate of return is the Capital Asset Pricing Model (CAPM).

The formula is,

Er = Rf + b(Rm - Rf)

Where,

Er is expected return

Rf is the risk free rate

b is beta

Rm - Rf is the Market Premium

Er = 3.87% + 1.38(9.03)

= 3.87% + 12.4614%

= 16.33%

The model accounts for inflation by including the risk free rate which is already adjusted for inflation.

8 0
2 years ago
Sandy is asked to produce 250 squidgets an hour. It takes 30 minutes to receive the necessary materials from the previous workst
hichkok12 [17]

Answer:

360

Explanation:

Kanban is a method that is used to mange workflow in order to assist in visualizing the work and maximize the efficiency of a workers as well as making the workers agile.

The formula for calculating the number of Kanban is given as follows:

Number of Kanban = (Dd × LT × (1 + SS)) ÷ QC   .................. (1)

DD = Daily required production level = 250

LT = Lead Time (in minutes) = 30

SS = Safety Stock  = 20% = 0.2

QC = Number of squidgets in a container = 25

Substituting the values above into equation (1), we have:

Number of Kanban = (250 × 30 × (1 + 0.2)) ÷ 25

                                = (250 × 30 × 1.2) ÷ 25

                                = 9,000 ÷ 25

                                =  360  

Therefore, the number of kanbans to be circulated between Sandy's process and the previous operations is 360.

4 0
2 years ago
The turnout for a game is expected to reach 70,000 fans, of which 60 percent are expected to drive. an average of 2 fans come in
vladimir1956 [14]
First, calculate for the number of fans that would come to the event in their own vehicle. This is calculated by multiplying the number of fans by the percentage.
    N = (70,000 fans)(0.60) = 42000
The number of vehicles is calculated by dividing the answer obtained above by 2.
   n = (42000) / 2 = 21000

The number of vehicles in the satellite parking is the difference of 21000 and 9000 which gives us an answer of 12000. Since each satellite parking will accommodate 1500, dividing 12000 by 1500 is 8.

ANSWER: 8 satellite parkings
4 0
2 years ago
Read 2 more answers
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