C. They cause prices to be flexible
Answer:
The options are:
A $34,850.
B $163,350.
C $128,500.
D $188,200.
$ 163,350.00,option B is correct
Explanation:
At the beginning of the current year ,the stockholders equity is the difference between total assets of $877,000 and total liabilities of $748,500 i.e $128,500
.
However,the increase or decrease to stockholders' equity in the current year is the difference between increase in total assets of $59,700 and the the increase in liabilities of $24,850 i.e $ 34,850.00
Hence stockholders' equity=the initial stockholders' equity+increase=$128,500+$ 34,850=$ 163,350.00
Answer:
The correct answer is A. the markets cannot be allocationally efficient
Explanation:
Answer:
$16.96 million
Explanation:
The computation of the amount of warranty expense is shown below:
= Net sales made under warranty in year 2021 × expected cost percentage to net sales
= $212 million × 0.08
= $16.96 million
We simply multiplied the net sales with the expected cost percentage so that the amount of warranty expense could come and the same is to be considered
The NFL is setting a PRICE CEILING that will create a SHORTAGE.
Price ceiling refers to the government imposed price on a particular commodity, for that commodity, the government control how high the price of the commodity should be. Government uses price ceiling to prevent consumers from exploitation. When the price ceiling is set below the equilibrium price, there will be excess demand and this will lead to supply shortage. This is because, producers will produce only a small quantity because of lowered price while the consumers will demand for excess because of the cheap price of the commodity.
