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2 years ago

Based on what you have learned, why does the ITA believe that fair trade is important to US businesses and to the world?

2 answers:

7 0

T<span>he ITA believes that fair-trade policies allow countries to import and export freely, allowing consumers to save money. It will also create economic opportunities that will help to improve economies in other countries, which could contribute to solving global issues like poverty. To meet these goals, the ITA believes that trade barriers need to be eliminated.</span>

Bingel [31]2 years ago

6 0

The sample response on Edg. is: The ITA believes that fair-trade policies allow countries to import and export freely, allowing consumers to save money. It will also create economic opportunities that will help to improve economies in other countries, which could contribute to solving global issues like poverty. To meet these goals, the ITA believes that trade barriers need to be eliminated.

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The In-Tech Co. just paid a dividend of $1 per share. Analysts expect its dividend to grow at 25 percent per year for the next t

djverab [1.8K]

Answer:

Explanation:

D1 = $1(1+0.25) = 1.25

D2 = $1.25(1+0.25) = 1.5625

D3 = $1.5625(1+0.25) = 1.953

D4 = $1.953(1+0.25) = $2.05

Current value = P0 =

= 1.25/(1+0.18) + 1.5625/(1+0.18)^2 + 1.953/(1+0.18)^3 + 2.05/(0.18-0.05) * (1+0.18)^(-3) =

=$12.96

Current value of the stock is 12.96

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2 years ago

Vince Lupino works for Best Supplies Company, which pays its employees time and a half for all hours worked in excess of 40 hour

ZanzabumX [31]

Answer and Explanation:

As per the given question the solution of given points is given here:-

a. Regular pay for the week = Rate of pay × Hours per week

= $12 × 40 hours

= $480.00

b. Overtime pay for the week = Rate of pay × 8 hours × 1.5 times

= $12 × 8 hours × 1.5 times

= $144.00

c. Total gross wages = (Social security withheld + Medicare tax withheld + Federal income tax withheld + Net pay)

= $38.69 + $9.05 + $54 + $522.6

= $624.00

d. Social security withheld = Total gross wages × Social security tax

= $624 × 6.2%

= $38.69

e. Medicare tax withheld = Total gross wage × Medicare tax rate

= $624 × 1.45%

= $9.05

f. Total withholding = Social security withheld + Medicare tax withheld + Federal income tax withheld

= $38.69 + $9.05 + $54

= $101.74

g. Net pay = Total gross wages - Total withholding

= $624.00 - $101.74

= $522.26

2. The Journal entry is here below:-

Wage Expense Dr, 624

To Social security taxes payable $38.69

To Medicare Tax Payable $9.05

To Federal Income Tax Payable $54

To Wages Payable $522.26

(Being the payroll is recorded)

4 0

2 years ago

1. Why does the sushi robot make sense? A. It never rusts out. B. It is faster than a human. C. It replaces humans altogether.

ella [17]

Answer:

C. It replaces human altogether

Explanation:

The current global outlook and focus on robotic sciences indicates that robots have entered into our daily lives. With the emergence of artificial intelligence and IoT internet of things it is evident that fourth industrial revolution would result in replacing humans altogether in almost every profession and aspect of life.

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2 years ago

A stadium estimates its administrative costs for three sponsorships to be $12,000, $27,000, and $63,000. Revenue from the sponso

densk [106]

you'll have 59.2% profit margin (148,000)

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2 years ago

Jiminy’s Cricket Farm issued a bond with 25 years to maturity and a semiannual coupon rate of 4 percent 5 years ago. The bond cu

Brrunno [24]

Answer:

a) Total book value = $85,000,000

b)Market value of debt = $27,650,000

c)After tax cost of debt = 2.74%

Explanation:

As per the data given in the question,

a) Debt = $50,000,000

Zero coupon bond = $35,000,000

Total book value = $50,000,000+$35,000,000

= $85,000,000

b) Market value of debt = $50,000,000×104%

=$52,000,000

Market value of zero coupon bond = $35,000,000×79%

=$27,650,000

Total market value = $52,000,000+$27,650,000

= $79,650,000

c) Market value weights for debt = 0.65

Market value weights for Zero coupon bond = 0.35

After tax cost for Debt ( By using financial calculator )

( 0.01857 ×2 × (1-24%)) = 2.82%

After tax cost for Zero coupon bond ( By using financial calculator )

( 0.01698 ×2 × (1-24%)) = 2.58%

Weighted cost for debt ( Weight × Cost )= 1.84%

Weighted cost for zero coupon bond ( Weight × Cost ) = 0.90%

After tax cost of debt = 1.84%+0.90%

=2.74%

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2 years ago