Answer:
A) $704,000.
Explanation:
For computing the cash payments we need to calculate the following amounts which are as follows
Total purchases = cost of goods sold + ending inventory - opening inventory
= $720,000 + $188,000 - $200,000
= $708,000
Now cash payment to merchandise is
= Beginning account payable balance + purchased made - ending account payable balance
= $80,000 + $708,000 - $84,000
= $704,000
Hence, the correct option is A. $704,000
Answer:
<u>Descriptive Research.</u>
Explanation:
Descriptive marketing research aims to observe and discover some market phenomena, so that it is possible to describe, classify and interpret such phenomena, such as what is happening in the market, specifying who, what, where and how.
It is usually carried out through discussions, questionnaires, interviews and specific groups. It serves as a basis for explaining the occurrence of such phenomena encountered.
Question Completion:
What is a price floor?
Answer:
A price floor of $2 for milk producers across Arizona and nationwide means that the government does not want the price of milk to fall below $2. This measure enables dairies to remain in operation. It favors producers to the detriment of consumers, at least in the short-run.
Explanation:
However, assuming that the market was efficient before the price floor was introduced by the government, the price floor of $2 per gallon for milk could cause a deadweight loss to occur. In Economics, a deadweight loss reduces economic efficiency. It implies that consumers pay a higher price for the same quantity of goods they were purchasing before the price floor was introduced. Thus, the reaction of consumers would be to reduce their demand or drop out of the market entirely (instead of producers dropping out of the market through the normal operation of the market forces).
Answer:
$4.64
Explanation:
The total gains for a stock can be broadly classified as both capital gains and dividend gains The capital gain depends on the price of market of the stock prevailing at the time the stock is purchased and the time of the stock sales. For a given firm, dividend gain depends on the dividend policy
From the question given, let us analyze the following,
the expected capital gain value calculated from the sale of the given stock is The current stock value is given by:
(price of the stock after a year + the expected dividend) / capital equity cost
($70 + $1.25) / (1+9%)
= $71.25/1.09 = 65.36
Then,
The capital gain expected from the sale of the stock is given by:
Expected selling price after a year -the stock current value
$70 - $65.36
= $4.64
Rights of unpaid seller against the goods, and<span><span>II.<span> </span></span><span>Rights of unpaid seller against the buyer personally. </span><span>We shall now examine these rights in detail.</span></span>
