A machine has a first cost of 500.000 ₺ and a salvage value of 93.500 ₺ after n years. The book value at the end of 3rd year is calculated as 364.500 ₺. Find the value of ""n""? a) Assuming that straight line depreciation method is used. b) Assuming that double declining balance depreciation method is used. c) A car has a first cost of 240.000 ₺ and a salvage value of 81.250 ₺ after 8 years. What is the depreciation in the 5th (D5=?) year if you switch between depreciation methods (start with double declining balance and switch to straight line when necessary)? (DDB formulas: Dt=dB(1 – d)t-1 =dBVt-1 and BVt=B(1 – d)t )
Answers
A machine has a first cost of 500.000 ₺ and a salvage value of 93.500 ₺ after n years. The depreciation in the 5th year is 19,343.75.
First cost (FC) = 500,000
Salvage value (SV) = 93,500.
Book value after 3 years (BV) = 364,500.
We know that the depreciation per year (D) = (FC - SV) / n BV = FC - D × 3 years⇒ 364,500 = 500,000 - D × 3 years D = (500,000 - 364,500) / 3 = 45,500.
Now D = (FC - SV) / n45,500 = (500,000 - 93,500) / n n = 8.41 ≈ 8 (approx.)
First cost (FC) = 500,000 Salvage value (SV) = 93,500.
Double declining rate (d) = 2 / n At the end of 2nd year.
the book value (BV2) = FC × (1 - d)2= 500,000 × (1 - 2 / n)
Given, BV3 = 364,500.
By using BV2, we have BV2 × (1 - d) = 364,500BV2 = 428,125 (approx.)
Hence, BV2 × (1 - d) = 364,500428,125 × (1 - d) = 364,5001 - d = 364,500 / 428,125d = 0.15Now, d = 2 / n⇒ 0.15 = 2 / n. n = 13.33 ≈ 13 years.
Now, to switch from Double Declining Balance to Straight-Line in 3rd year, we need to find the book value at the end of the second year by DDB method.
Book Value after 3 years = BV3 = FC - D1 - D2 - D3= 240,000 - 60,000 - 45,000 - BV3 × d= 240,000 - 60,000 - 45,000 - (BV2 - D1) × d...[By using BV2 = FC × (1 - d)2]BV3 = 68,750.
Hence, 240,000 - 60,000 - 45,000 - (68,750 - 60,000) × 0.25 = 19,375.
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Related Questions
Which of the following is a criticism of multinational corporations?
A) multinationals sometimes support reactionary and oppressive regimes
B) multinationals require excessive employment information
C) countertrading
D) the transference of labor-intensive technology
E) multinationals do not do enough to standardize their marketing mixes
Answers
One criticism of multinational corporations is that A) Multinationals sometimes support reactionary and oppressive regimes in their pursuit of profits.
This is a criticism of multinational corporations because they may prioritize their economic interests over human rights and social issues. By supporting oppressive regimes, these corporations may inadvertently contribute to human rights abuses and social inequalities.
This has been seen in instances where multinationals have partnered with governments that have poor human rights records or have engaged in environmentally destructive practices. Additionally, the transference of labor-intensive technology from developed to developing countries can perpetuate a cycle of low wages and poor working conditions.
However, counter trading, which involves the exchange of goods or services instead of currency, is not necessarily a criticism of multinational corporations. Finally, some argue that multinationals do not do enough to standardize their marketing mixes, potentially leading to cultural insensitivity or offensive advertising.
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Yasmine plans to attend a four-year public university. She expects she will need to contribute $9,000 annually to her education. Which savings plan will help Yasmine save enough money to pay for one year of school, regardless of whether or not interest is earned on her savings? $600 per month for 1 year $350 per month for 2 years $225 per month for 3 years $200 per month for 4 years
Answers
Answer:
It be D: $200 per month for 4 years is the correct answer.
Explanation:
$9,000/200= 45 months = 4years
Agent Harriet Walker has recently begun marketing Medicare Advantage and related products aimed at meeting the needs of senior citizens. Client Mildred Jones has expressed interest in a Medicare Advantage plan. It is now the beginning of September. If you were in Agent Walker's position, what would you do?
Answers
Answer:
Inquire whether the client qualifies for a special enrollment period, and if not, solicit an enrollment application once the annual open enrollment election period begins on October 15th.
Explanation:
In this scenario where Agent Harriet Walker is marketing Medicare Advantage and related products aimed at meeting the needs of senior citizens.
If Client Mildred Jones has expressed interest in a Medicare Advantage plan and it is now the beginning of September.
The best action is to enroll her of she qualifies for special enrollment period.
If she is not qualified she should solicit an enrollment application once the annual open enrollment election period begins on October 15th.
Harriet should keep engaging Mildred's interest till 15th October.
Type the correct answer in the box. Spell all words correctly.
Which type of facility layout groups similar machines together so that they carry out specific functions?
In the case of a (blank) layout, similar machines are grouped together to carry out specific functions.
Answers
Answer:
A process layout groups similar activities together according to the functions they perform.
Explanation:
Answer:
process
Explanation:
Plato/Edmentum
if i have a 20-50% holdings in a comoany can i use the fair valur method
Answers
You can value your investment using the fair value method if you own 20–50% of a company. What it signifies is explained briefly below:Fair value is the price at which an item or liability can be traded or settled in an arm's length transaction between educated and willing parties.
If you have a 20-50% holdings in a company, you can use the fair value method to value your investment. Here's a brief explanation of what it means:Fair value is the amount at which an asset or liability can be exchanged or settled between knowledgeable and willing parties in an arm's length transaction. In other words, fair value is the price that would be obtained to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.Therefore, if you have a 20-50% stake in a company, you can value your holdings using the fair value method. This is because you have significant influence over the company's operations and management decisions. It is important to note that the fair value method is more appropriate for investments in financial instruments such as stocks, bonds, and derivatives.The fair value method is used when an investor has significant influence over the investee but does not have control over it. In this case, the investor will use the equity method to account for its investment. The equity method recognizes the investor's share of the investee's net assets as an investment and reflects the investor's proportionate share of the investee's net income in its financial statements.
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Determining the payment options to be offered to a business's customers is which function?
Answers
Answer:
Pricing
Explanation:
On what ideology is Blake and Mouton’s Managerial/Leadership Grid based? (BLANK) theory suggests that traits are inherent, while conduct can be taught.
Answers
The Blake and Mouton’s managerial grid is based on the concern for production(tasks) and concern for people(relationships). The Great man theory suggests that traits are inherent, while conduct can be taught.
What do you mean by Blake and Mouton's managerial grid and Great Man Theory.As per the Managerial Grid, developed by Robert Blake and Jane Mouton, five different types of leadership based on their concern for the production and concern for the people are located in four quadrants.. According to the Great Man Theory leaders are born with the right traits and abilities for leading – charisma, intellect, confidence, communication skills, and social skills.
The concern for production is illustrated on the horizontal axis of the managerial grid and production became more important to the leader as his rating advances on the horizontal scale.
The Great Man Theory of Leadership emphasizes that great leaders are born, not made. These individuals come into the world possessing certain characteristics and traits not found in all people.
The Managerial grid is a useful device for identification and classification of managerial styles.
The essence of the Great Man Theory lies in the fact that those in power deserve to lead because of the traits they have been endowed with.
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Which of the following symptoms is NOT associated with an allergic reaction?
Trouble breathing
Anxiety
OOO
Fainting
Screaming
Answers
When one is having an allergic reaction to something, one symptom that is not expected is Screaming.
An allergic reaction usually leads to the following:
Person has trouble breathing Person develops anxiety Person might faintIt is not a usual thing that a person will scream as a result of an allergic reaction.
We can therefore conclude that screaming is not associated with allergic reactions.
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In what career cluster would you find all levels of business jobs, such as an Administrative Assistant?
A)Law, Public Safety, Corrections, & Security
B)All of these
C)Education & Training
D)Health Science
Answers
In all of these career cluster listed above, you will find all levels of business jobs, such as an Administrative Assistant
For better understanding, let's understand what career clusters means
Career Cluster is simply known to be a wide occupational groupings of specific industry based jobs such as agriculture, law, education, health science etc . The career clusters provide an organizing tool that helps one in creating a career plan.An administrative assistant helps in the day to day running of an enterprise or firm. All career cluster have different job specifications and so an office or administrative assistant is often needed to answer phone calls, document important work or minutes of meetings, assistant the boss in office duties and other responsibilities. It is commonly found in all the 16 career cluster.From the above, we can therefore say that the answer In all of these career cluster listed above, you will find all levels of business jobs, such as an Administrative Assistant is correct.
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One of the foundation blocks of intellectual property law is the__________, a legal concept that grants rights and control to the owner of any published work.
Answers
Answer:
copyright
Explanation:
A five-year security was purchased two years ago by an investor who plans to resell it. The security will be sold by the investor in the so-called Group of answer choices surplus market. secondary market. primary market. deficit market.
Answers
Answer:
Secondary market.
Explanation:
In this scenario, a five-year security was purchased two years ago by an investor who plans to resell it.
Hence, the security will be sold by the investor in the so-called secondary market.
When one investor sells his or her stock directly to another, the transaction is said to occur in the secondary market.
Secondary market can be defined as a market where various investors sell and buy securities from other investors.
Some examples of secondary market around the world are New York Stock Exchange (NYSE), NASDAQ, London Stock Exchange (LSE) and National Stock Exchange (NSE).
On the other hand, the primary market refers to the market where these securities that are being sold are issued or created.
Question 2(Multiple Choice Worth 5 points)
(02.06 MC)
In general, what kind of people earn the most money?
O People with skills that are in high demand and high in supply
O People with skills that are in high demand but low in supply
O People with skills that are in low demand and low in supply
People with skills that are in low demand but high in supply
Answers
They earn the most money since skills also follow the law of supply and demand, so consumers are willing to pay more due to low supply
Aurora township is asking all of its citizens to chip in and donate money to build a new library. tommy thinks he already pays enough money in taxes, so he chooses not to donate. he knows that even if he does not contribute he will be able to use the library once it is built. This is an example of:
a. Adserve selection
b. The free rider problem
c. Asymmetric information
d. Tragedy of the commons
e. Moral hazard
Answers
Since Tommy knows that even if he does not contribute he will be able to use the library once it is built, this is an example of: B. The free rider problem.
What is the free rider problem?In Economics, the free rider problem can be defined as a type of market failure and burden that typically occurs when people who benefit from public goods (products) or shared resources refuse to pay for them or financially contribute to their development.
This ultimately implies that, a free rider problem simply refers to a type of problem that typically exists or arises when people who cannot be excluded from using a good (product) choose not to pay for it.
In this context, we can reasonably infer and logically deduce that the refusal of Tommy to donate money to build a new library because he knows he would be able to use it once it is built, is an example of the free rider problem.
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imagine braintly not allowing you to talk to a helping hand. yall doing too much that's why they think they the Kardashianios
Answers
Answer:
That's just how they are lol
Answer:
FOREALLL
Explanation:
Pushem down clearing contractors purchases a dozer with a delivered price of $470,000. the company believes it can sell the used dozer after 4 years (1,800 hr/yr) of service for $75,000. there will be no major overhauls. the company's cost of capital is 8.3%, and its tax rate is 35%. property taxes, insurance, and storage will run 5%. what is the owning cost for the dozer? use the time value method to calculate the depreciation portion of the ownership cos
Answers
Unless the dividend is given to a firm that owns at least 25% of the paid-up capital in the Dutch company, the rate is 15%.
You may determine the entire yearly cost of owning the equipment by multiplying the variable expenses, which are normally computed per the hour, by the annual hours of operation and then including the expense to the annual fixed costs. The variable and fixed expenses of delivering commodities are combined to get a total using the total cost formula. Total cost is calculated as follows: (Average Fixed Cost x Average Variable Cost) x Units Produced. Owning costs equal machine purchase price plus financing plus taxes minus disposal cost (what you get for that machine when you resell it). Operating expenses are calculated as follows: labour, gasoline, maintenance, tyre, track, and component replacement costs, plus overhead.
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following distance (the distance between the taxi and the lead car) was recorded. The sample mean following distance was 3.50 meters and the sample standard deviation was 1.13 meters. ( )m Interpret the interval. (b) What assumption must be made in order to generalize this confidence interval to the population of all taxi drivers in Greece? We need to assume that taxi drivers used in the study are all drive the same make and model car. We need to assume that taxi drivers used in the study are representative of all taxi drivers in Greece. We need to assume that taxi drivers used in the study are representative of all drivers who have used the simular We need to assume that taxi drivers used in the study are representative of all drivers in Greece. We need to assume that taxi drivers used in the study are all using the same mobile phone.
Answers
a) Interpretation of the interval is as follows: There is a 95% chance that the true average following distance of all the taxi drivers in Greece lies between 3.17 meters and 3.83 meters.
The following interval is obtained by using the formula for a confidence interval where the sample mean following distance is 3.50 meters, the sample standard deviation is 1.13 meters, sample size is 100, degrees of freedom (df) is 99, and t (value for 95% confidence interval) is 1.984 (obtained using t-distribution table). Thus, the interval is calculated as follows: $$(\bar{x}-t_{\alpha/2}\frac{s}{\sqrt{n}},\bar{x}+t_{\alpha/2}\frac{s}{\sqrt{n}})$$$$=(3.50-1.984\frac{1.13}{\sqrt{100}},3.50+1.984\frac{1.13}{\sqrt{100}})$$$$=(3.17,3.83)$$b)
The assumption that must be made in order to generalize this confidence interval to the population of all taxi drivers in Greece is that the taxi drivers used in the study are representative of all taxi drivers in Greece. Therefore, option B is correct. It is important to have a random sample of taxi drivers to ensure that the results of the study can be generalized to the population of all taxi drivers in Greece. If the sample is not random and representative, the results of the study cannot be applied to the population and it would not be valid to generalize the findings.
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During the month of march, Sid, paid on salary, worked 35 hours the 1st week, 40 hours the 2nd week, 40 hours the 3rd week and 45 hours the 4th week
Answers
During the month of march, Sid, paid on salary, worked 35 hours the 1st week, 40 hours the 2nd week, 40 hours the 3rd week and 45 hours the 4th week and this is called fixed salary.
What is the fixed salary about?If Sid is paid on salary, it means that he is paid a fixed amount each month regardless of how many hours he works. Therefore, the number of hours he works each week would not affect his pay.
If Sid is paid an hourly wage, then the number of hours he works each week would affect his pay.
For example, if Sid's hourly wage is $20 and he worked 35 hours the first week, 40 hours the second week, 40 hours the third week, and 45 hours the fourth week, his total pay for the month of March would be $20 x 35 hours
= $<<2035 =700>>700 for the first week,
$20 x 40 hours = $<<2040=800>>800 for the second week,
$20 x 40 hours = $<<2040=800>>800 for the third week,
$20 x 45 hours = $<<2045=900>>900 for the fourth week,
For a total of $700 + $800 + $800 + $900 =
$<<700+800+800+900=3200>>3200 for the month of March.
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During the month of march, Sid, paid on salary, worked 35 hours the 1st week, 40 hours the 2nd week, 40 hours the 3rd week and 45 hours the 4th week. What is this called
An individual who is licensed with the Administrator as an agent of a broker-dealer wants to offer wrap fee programs sponsored by the firm. In order to do so, it would be necessary to
A) maintain his current agent registration only
B) register with the SEC as an investment adviser representative
C) register with the state as an investment adviser
D) register with the state as an investment adviser representative
Answers
In order for an individual who is licensed with the Administrator as an agent of a broker-dealer to offer wrap fee programs sponsored by the firm, it would be necessary to register with the state as an investment adviser representative.
Wrap fee programs involve providing investment advisory services along with the execution of trades. To offer such programs, individuals need to comply with the appropriate regulatory requirements. In this case, since the individual is licensed as an agent of a broker-dealer and wants to offer wrap fee programs, they would need to register with the state as an investment adviser representative. This registration ensures that the individual meets the necessary qualifications and regulatory obligations to provide investment advisory services. Maintaining the current agent registration alone (option A) would not be sufficient for offering wrap fee programs. Registering with the SEC as an investment adviser (option B) or registering with the state as an investment adviser (option C) would typically be required for individuals providing investment advisory services directly, rather than as an agent of a broker-dealer. Therefore, the correct answer is D: register with the state as an investment adviser representative.
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Who are office chief , sectional chief and assistant in school ?
Answers
Answer:
Post of the principle : A principal in a company is typically the owner, founder or chief executive officer (CEO) of a company. In some situations, the principal might be someone who owns most of the company's equity and is responsible for making big business decisions.
Post of the teacher : Teaching post means any post in a school or institution occupied by a teacher for the purpose of teaching. teaching post means a post, the duties of which involve teaching and training the students and other academic responsibilities.
Post of the counter worker : They call the childs parents if anything is wrong at school and is responsible of collecting the school fees and payment
Explanation:
Answer:
Sectional chief is the bridge between top and low level chiefs. One of the most important functions of a sectional chief is to report the performance, problems and achievements of the department to the office chief. Office Assistant: They are those personnel who work at lower level in an organization.
Teacher's post: Teaching post means any post in a school or institution occupied by a teacher for the purpose of teaching. teaching post means a post, the duties of which involve teaching and training the students and other academic responsibilities.
Elijah and Anastasia are married and have six married children and five minor grandchildren.
For 2022, what is the maximum amount they can give to their family (including the sons- and daughters-in-law) without using any of their unified transfer tax credit? $
Answers
For the year 2022, Elijah and Anastasia can give a maximum amount of $26,400 to their family members, including their sons- and daughters-in-law, without utilizing any of their unified transfer tax credit.
1. In 2022, the annual exclusion amount for gifts is $15,000 per recipient. This means that Elijah and Anastasia can gift up to $15,000 to each of their children and grandchildren without incurring any gift tax or using their unified transfer tax credit.
2. Elijah and Anastasia have six married children, which means they have twelve potential gift recipients when considering their sons- and daughters-in-law. Since the annual exclusion amount applies to each recipient, they can gift a total of $15,000 to each of their twelve potential recipients, resulting in a maximum total of 12 * $15,000 = $180,000.
3. Additionally, Elijah and Anastasia have five minor grandchildren. As the annual exclusion amount applies to each recipient, they can gift up to $15,000 to each grandchild, resulting in a maximum total of 5 * $15,000 = $75,000.
4. To determine the maximum amount they can give without utilizing their unified transfer tax credit, they need to sum up the totals calculated in the previous steps. $180,000 (children and sons-/daughters-in-law) + $75,000 (minor grandchildren) = $255,000.
5. However, the unified transfer tax credit allows individuals to give a certain amount tax-free during their lifetime. As the question specifies that Elijah and Anastasia do not want to use any of this credit, they need to subtract the maximum unified transfer tax credit from the total calculated in the previous step.
6. As of 2022, the maximum unified transfer tax credit is $11,700,000. Therefore, the maximum amount they can give to their family without utilizing the unified transfer tax credit is $255,000 - $11,700,000 = -$11,445,000.
7. Since a negative value is not possible in this context, the maximum amount they can give without using any of their unified transfer tax credit for the year 2022 is $26,400 ($255,000 - $11,700,000 + $11,700,000 = $26,400).
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How do you define success?
Answers
Answer:
if ur happy then ig I could say ur successful
if made it to the top I could say ur successful
if u reached the destination if ur dream I would say ur successful
just say sum and ill give you alot of points⇒⇒⇒⇒
Answers
Why did demobilization after world war i lead to a temporary economic downturn?
Answers
Due to the cessation of wartime production and the influx of returning soldiers looking for work, demobilization during World War One caused a brief economic slowdown.
What is the demobilization after World War i?
After the war, there was a significant increase in prices and competition for jobs among all the veterans, which resulted in numerous industrial strikes. Workers' unhappiness increased as a result of declining pay, deteriorating working conditions, and rising unemployment, which resulted in work stoppages and strikes. All soldiers from the Western Front had returned to Germany's borders by the middle of January, however it took longer for soldiers from the Eastern Front to return due to transportation issues.
Therefore, When millions of soldiers returned in search of employment, war production came to an end.
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what is a benefit conferred upon an entrepreneur who purchases an existing business, rather than starting a business from scratch?
Answers
There are several benefits that an entrepreneur can enjoy by purchasing an existing business, rather than starting one from scratch are by Established customer base and Pre-existing infrastructure.
Established customer base: An existing business already has a customer base, which provides a source of revenue and can help the new owner to quickly start generating income.
Experienced employees: An existing business often comes with a staff of experienced employees, which can help the new owner to manage the operations and make the transition smoother.
Established brand recognition: An established business has a recognizable brand and reputation, which can help the new owner to attract customers and build a loyal following.
Proven track record: An existing business has a history of financial performance, which provides the new owner with valuable information about the potential for growth and profitability.
Established suppliers and distributors: An existing business may already have established relationships with suppliers and distributors, which can help the new owner to secure supplies and distribute products more efficiently.
Pre-existing infrastructure: An existing business already has a physical location, equipment, and systems in place, which reduces the time and cost required to start a business from scratch.
Immediate cash flow: An existing business often generates a steady source of revenue, which can provide the new owner with an immediate source of cash flow.
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Which type of bankruptcy leaves your credit report sooner?
Answers
have a great day!
why should information assurance place such an emphasis on crisis management and business continuity when disaster recovery (recovering from an incident) is typically seen as an it function?
Answers
Information assurance plays a vital role in maintaining the integrity, confidentiality, and availability of data.
Emphasizing crisis management and business continuity is crucial because it extends beyond the IT function of disaster recovery.
What's crisis managementCrisis management involves a proactive approach to identify, prevent, and resolve potential threats to an organization.
This includes developing strategies, assigning roles, and establishing communication channels to ensure swift response during emergencies. Business continuity focuses on maintaining essential functions and minimizing downtime during a disruption.
This involves identifying critical processes, resources, and stakeholders to ensure the organization can continue operating effectively. Disaster recovery, while an important IT function, is only one aspect of the larger framework of information assurance.
By placing emphasis on crisis management and business continuity, organizations can ensure a holistic approach to protect not only their IT systems but also their reputation, customer relationships, and overall business stability. This comprehensive approach ultimately leads to a more resilient and secure organization.
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how do basic level occupation help society
Answers
Answer:
A job, employment, work or occupation, is a person's role in society. More specifically, a job is an activity, often regular and often performed in exchange for payment ("for a living"). Many people have multiple jobs (e.g., parent, homemaker, and employee). A person can begin a job by becoming an employee, volunteering, starting a business, or becoming a parent. The duration of a job may range from temporary (e.g., hourly odd jobs) to a lifetime (e.g., judges).
Basic level occupation can help our society in many ways. One of them is agricultural. A further explanation is provided below.
Agriculture would be essential employment across the globe even though it's the foundation or the core of all certain vocations, even though people must live.Otherwise, there'll be no significant population for any other activity, resulting in highly impoverished as well as uneducated people throughout the planet."
There are many jobs that a person can do like employee, homemaker, etc. A person can start his career with such jobs.
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What does indigenous technology mean?
Answers
Answer: I hope this is helpful mark brainlist if right then no if wrong
Explanation:
Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.Technologies employed by the native inhabitants of a country and which constitute an important part of its cultural heritage and should therefore be protected against exploitation by industrialized countries; the problem of indigenous knowledge has been discussed during the Rio Conference but it does not receive much ...Types of indigenous technology in India are; (i) Generic Drugs. (ii) Thorium based Nuclear Reactors. (iii) Plastic RoadsIndigenous Technology is created within a sensory environment that builds on our sense of relationship, meaning, balance, feeling, memory and place as well as sight, sound, smell, taste and touchIndigenization is the process by which Indigenous ways of knowing, being, doing and relating are incorporated into educational, organizational, cultural and social structures of the institution.One example of Indigenous Technologies in action today can be witnessed in differential approaches to medicine. Medical technologies in the Western Scientific sense of the term might conjure images of biomedical research labs, electromagnetic monitors or imaging systems such as CT or MRI scans.Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.
Why miscommunication and misunderstanding happen
Answers
Answer:
misunderstanding happens due to the distance . misunderstanding happen due to lack of time to solve problem . misunderstanding happens due to third person between two persons . misunderstanding happens due to the virtual world .
What conclusions can be reached about the airline industry using the five forces framework?
Answers
Conclusion can be drawn that airline must work tirelessly to sustain profitability. The key aspect of using Porter's Five Forces for airline industry in the United States is that industry has been buffeted by a slew of external factors such as declining passenger traffic, rising operating expenses, high fuel prices, and higher landing and maintenance costs.
The intense competition from low-cost carriers that has resulted in a price war that has severely harmed. The airline industry worldwide is in a "death spiral," particularly in the United States, where several prominent carriers have been forced into bankruptcy is the conclusion.
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