Answer:
a. The buyer would cover all shipping and insurance costs and assume the risk at the factory door.
Explanation:
According to the given situation the exworks means that the seller fulfill his duty for delivering the goods when the goods are available at his place i.e. works, factory or warehouse to the buyer. Also the buyer would responisble to bear all the cost and the risk involved while taking the goods from the seller place to the final destination
Hence, the option a is correct
Answer:
Hannah's Pool Service Company
Statement of owner equity for the year ended December 31
Particulars Amount
Capital (January 1) $309,170
Investment during the year $22,040
Net Income $55,080
Withdrawals during the year (-<u>$39,010</u>)
Increase in the owner equity <u>$38,110</u>
Capital (December 31) <u>$347.280</u>
<u>Workings</u>
a. Increase in the owner equity = Investment during the year + Net income - withdrawal during the year
=$22040+$55080 -$39010
=$38110
b. Capital (December 31) = Capital on January 1 + Increase in owner equity
=$309170 +$38110
=$347280
Answer:
Price ceiling
Explanation:
When the government imposed a price ceiling in a market of goods which means that price set by the government lies below the equilibrium price of an economy. Price ceiling results in a higher demand for the goods because people wants to buy more quantity of goods at a lower price. But supplier of the goods wants to reduce supply as it will become less profitable for the producers to sell the product at a lower price.
Answer:
making it illegal to "disturb the peace."
Explanation:
The local government addresses this problem by making it illegal to "disturb the peace." This means that any form of unruly public behavior, such as fighting or causing excessively loud noise is considered a criminal offense misdemeanor. Individuals charged with this crime may face some jail time, fines, or alternative sentences such as community service depending on the laws in that jurisdiction.