Kernland imposes a high tariff on the export of unprocessed cashew nuts in order to ensure that the nuts are sold to domestic processing plants. if the tariff were lifted and unprocessed cashews were sold at world market prices, more farmers could profit by growing cashews. however, since all the processing plants are in urban areas, removing the tariff would seriously hamper the government’s effort to reduce urban unemployment over the next five years. which of the following, if true, most seriously weakens the argument? a. some of the by-products of processing cashews are used for manufacturing paints and plastics. b. other countries in which cashews are processed subsidize their processing plants. c. more people in kernland are engaged in farming cashews than in processing them. d. buying unprocessed cashews at lower than world market prices enables cashew processors in kernland to sell processed nuts at competitive prices. e. a lack of profitable crops is driving an increasing number of small farmers in kernland off their land and into the cities.

True or false: banks are required to make electronically deposited funds available on the same day of the deposit

Tara incorporates her sole proprietorship, transferring it to newly formed black corporation. the assets transferred have an adjusted basis of $240,000 and a fair market value of $300,000. also transferred was $10,000 in liabilities, $1,000 of which was personal and the balance of $9,000 being business related. in return for these transfers, tara receives all of the stock in black corporation. a. black corporation has a basis of $241,000 in the property. b. black corporation has a basis of $240,000 in the property. c. tara’s basis in the black corporation stock is $241,000. d. tara’s basis in the black corporation stock is $249,000. e. none of the above.

Salty sensations snacks company manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. the company has budgeted the following costs for the upcoming period: 1 factory depreciation $33,782.00 2 indirect labor 84,456.00 3 factory electricity 8,446.00 4 indirect materials 40,356.00 5 selling expenses 26,900.00 6 administrative expenses 17,200.00 7 total costs $211,140.00 factory overhead is allocated to the three products on the basis of processing hours. the products had the following production budget and processing hours per case: budgeted volume (cases) processing hours per case tortilla chips 3,600 0.25 potato chips 5,300 0.11 pretzels 2,300 0.49 total 11,200 required: a. determine the single plantwide factory overhead rate.* b. use the factory overhead rate in (a) to determine the amount of total and per-case factory overhead allocated to each of the three products under generally accepted accounting principles. refer to the amount descriptions list provided for the exact wording of the answer choices for text entries.* * if required, round your answers to the nearest cen