Answer:
The criticism is true to a certain degree, and unjustified to another degree.
Explanation:
It is true in the sense that the U.S. has indeed lost a lot of manufacturing to Mexico, simply because Mexico has far lower labor costs, and U.S. manufacturers have decided to take advantage of that by taking their plants to Mexican states.
It is also true that Mexico has been running a trade surplus with the United States in recent years, mainly because of the large manufacturing sector that Mexico has been developing.
On the other hand, the criticism is unjustified because neither a trade deficit nor the moving of manufacturing to Mexico mean that the United States as a whole is in worst condition than before NAFTA. In fact, most economists agree that free trade is a good thing for the economy as a whole, and that most people benefit from the lower costs and specialization that trade brings about.
The problem lies then, in the people who lose their jobs: formerly unionized manufacturing workers from the Rust Belt, for example. These people need to be helped with government assitance, both in terms of welfare, and training, so that they can find new jobs and make ends meet in the meanwhile.
Answer and Explanation:
The identification of the following terms as an accounting principle, assumption or constraint is
1 Business entity = Assumption
2. Measurement = Principle
3 Cost-benefit = Constraint
4 Revenue recognition = Principle
In this way the identification of the accounting terms would be done
The same is relevant too
Answer: I don’t know the year you were born
Answer:
9.9702%
Explanation:
After-tax cost of debt=12*(1-tax rate)
= 12* (1-0.4) =7.2%
WACC=Respective cost*Respective weight
=(7.2×0.45)+(10.41×0.04)+(12.38×0.51)
=9.9702%
Answer: $47.50
Explanation:
The price pr share given debt and the number of shares if the company had both an all equity structure and a mixed structure can be expressed as;
Price per Share = Debt Value / (Number of Shares under All-equity plan - Number of shares under mixed plan)
Price per share = 109,250 / (15,000 - 12,700)
= 109,250 / 2,300
= $47.50
