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3 years ago

What are five private agencies that protect consumer rights

1 answer:

3 0

The consumer protection administrative organizations battle to guarantee that people are dealt with decently, get the important data to settle on educated choices, are secured against item dangers and can utilize lawful response if necessary. Certain sorts of items draw in more direction because of their higher danger of customer damage or passing, for example, nourishment, meditates, kids' items, and cars.
The following are the five private organizations that ensure consumer rights:

Consumer Financial Protection Bureau (CFPB)

Consumer Product Safety Commission (CPSC)

Federal Trade Commission (FTC)

Food and Drug Administration (FDA)

National Highway Traffic Safety Administration (NHTSA)

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Using the information below for Sundar Company; determine the cost of goods manufactured during the current year: Direct materia

Citrus2011 [14]

Answer:

c. $ 98,000

Explanation:

The cost of goods manufactured is determined by adding the total manufacturing cost and adjusting it for the difference in work in process balances.

Direct Materials Used $ 19,000

Direct Labor Used $ 24.500

Factory Overhead $ 55.100

Total manufacturing cost input $ 98,600

Add: Opening work in process $ 10.700

Less: Closing work in process $ (11,300)

Cost of goods manufactured $ 98,000

7 0

3 years ago

An economic system in which the interaction of supply and demand determines the quantity in which goods and services are produce

OverLord2011 [107]

Answer:

The correct answer is Market Economy.

Explanation:

The market economy is an economic system where the fundamental decisions of what, how and for whom to produce are resolved through the market.

In a market economy, the interaction of supply and demand is what determines the quantity and equilibrium price of goods and services traded. Also, the market is responsible for the distribution of income through the possession of productive factors (capital, labor, etc.)

The State, for its part, would have the role of providing a legal framework that allows free competition and initiative of companies. This includes the protection of property rights, the intermediation of conflicts (Courts) and the subsidiary action in those cases in which competition is not feasible or limited.

Basing a system on the market economy gives importance to the balances originated between suppliers and claimants, which will determine their allocations of goods and services to produce and consume, with a high degree of independence of powers or institutions.

6 0

3 years ago

Type the correct answer in the box. Spell all words correctly. While executing a project, it is important to express mutual_____

jonny [76]

Answer:

Respect.

Explanation:

Execution of a project according to the intended plan is very crucial to ensure the success of the project. In order to effectively execute the plan, it becomes crucial to display 'mutual respect and decency' between all the participants as it not only helps in preventing any kind of dispute or conflict in the team but also keeps the entire team focused and motivated to give their best. It develops a positive work environment by accepting each other's individual differences and going together as a team instead of a group of individuals.

5 0

3 years ago

A 20-year maturity, 7.6% coupon bond paying coupons semiannually is callable in seven years at a call price of $1,170. The bond

g100num [7]

Answer:

a) YTC 5.895%

b) YTC being call at 1,120 6.6853%

c) we change time and call price 1,170 = 5.33189%

Explanation:

we have to calculate with excel for the PV of the coupon payment and the call price which matches the the

First we calculate the price of the bond:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 38.000 1,000 x 7.6% / 2

time 40 (20 years x 2payment per year )

rate 0.033

$38 \times \frac{1-(1+0.033)^{-40} }{0.033} = PV\\$

PV $837.2785

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 1,000.00

time 40.00

rate 0.033

$\frac{1000}{(1 + 0.033)^{40} } = PV$

PV 272.89

PV c $837.2785

PV m $272.8897

Total $1,110.1682

Now we solve for the YTC

given a price of 1,110 we receive an annuity of 38 dollars during 7 years and recieve 1,170

we do it in excel:

=PV(A2;14;38)+1,110.17/power(1+A2;28)

the first part is the coupon payment the second maturity

now we solve using goal seek to make this formula worth 1,170 changin a2 which is when we put a rate reference

a) 0.058950255

=PV(A2;14;38)+1,110.17/power(1+A2;28)

we determinate our target as 1,120

0.066853426

c) we change time:

=PV(A2;8;38)+1,110.17/power(1+A2;8)

0.053318904

4 0

3 years ago

Cutoff tests designed to detect valid sales that occurred before the end of the year but have been recorded in the subsequent ye

Oksanka [162]

Answer:

b. Completeness

Explanation:

Cut off tests are designed to ensure that transactions which relate to a particular period are reported in that very period.

Assertions refers to the claims made by the management and it's staff relating to various aspects of the business.

Cut off procedures provide an auditor with evidence against management's assertion of completeness and occurrence of a transaction.

Completeness refers to whether transactions pertaining to a period have been recorded.

Occurrence means that recorded transactions ain't fictitious and have actually happened.

8 0

3 years ago