Answer:
Table is completed below.
Explanation:
A price ceiling (price floor) is the maximum (minimum) price that can be charged in the market, and is imposed lower than (higher) than free market equilibrium price in order to be effective and binding. Therefore, the given statements can be labelled as below:
(1) Government prohibits gas stations from selling for more than $3.20 - Price ceiling, Not binding
(2) Government instituted legal minimum price of $2.80 - Price floor, Not binding
(3) Due to new regulations, gas stations cannot hire more workers - Price ceiling, Binding
I think its B but im not sure.
Answer:
C. shortage cost / (overage cost + shortage cost).
Explanation:
For computing the service level for the seasonal products, we divide the shortage cost to the overage cost plus shortage cost.
The overage cost is that cost which is incurred for ordering excess inventory which is not required for the present level of production level. It is a loss for the company.
And, the shortage cost is that cost in which the company has no stock in their warehouse through which it impacts the business image and the goodwill. The company's customers will go to another company which results in the loss of the company customers.
For service level, we added the overage cost and shortage cost in the denominator side
So, the correct option is c.
Answer:
amount of net assets with donor restrictions is $66240
correct option is B $66,240
Explanation:
given data
received = $20000
paid = $20000
interest rate = 8%
interest = 3.312
to find out
What amount of net assets with donor restrictions is reported
solution
we know here contributions received are accounted for at fair value
and fair value is $20000
so present value of the payments = $20000 × 3.312
present value of the payments = $66240
and here Unconditional promises for give cash amounts in the future
ans reported as donor-restricted support,
unless donor clearly intended support to current activities
so amount of net assets with donor restrictions is $66240
and amount $20000 receive on 1st January
increases net assets without donor restrictions
Answer:
$1,420,000
Explanation:
Total sales of October = $1,300,000. Collected in November = (60% of 1,300,000) = $780,000
November sales = $1,600,000. 40% sales of November = $640,000
Total cash collection = $780,000 + $760,000
Total cash collection = $1,420,000
So, the cash that Pinewood will receive in November is $1,420,000.