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3 years ago

A government-imposed price of $12 in this market is an example of a

Business

1 answer:

andreev551 [17]3 years ago

5 0

Answer. C Binding price floor that creates a surplus

Explanation: A government imposed price of $12 in this market is an example of a binding price floor that creates a surplus as the government has fixed the price of the goods as $12 due to which the floor price is fixed and the surplus is created as the price is too high that the demand of the goods decreases. This intervention by the government is to create surplus by binding the floor price.

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True or false? the only thing marketing cannot sell is a viewpoint or idea?

kaheart [24]

Answer:

False 2. Marketing, in the literal sense, means selling or advertising.

Explanation:

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2 years ago

Comparative financial statements for Heritage Antiquing Services for the fiscal year ending December 31 appear below. The compan

CaHeK987 [17]

Answer:

1) Gross margin percentage = Gross margin / Net Sales

= $28,000 / $70,000

= 0.40

= 40%

2) EPS = Net earning available to common stockholders / Number of common stocks

EPS = $5,454 / 500 shares

EPS = 10.91

3) Price earning ratio = Market value / EPS

Price earning ratio = $27 / 10.91

Price earning ratio = 2.48

4) Dividend payout ratio = $375 / $5,454

= 0.068

= 6.9%

5) Dividend yield ratio = Dividend per share / Current price

= 0.75 / $27

= 0.02777778

= 2.8%

6) Return on total asset = Net income / Average total asset

= $5,514 / {($74,678 + $68,659) / 2}

= $5,514 / $71668.5

= 0.0769376

= 7.7%

7) Return on common stock holder equity = Net income / Average common stockholder equity

= $5,514 /{ {($45,178 - $1,000) + ($40,099 - $1,000)} / 2}

= $5,514 /{($44,178) + ($39,099) / 2}

= $5,514 / $41638.5

= 0.13242552

= 13.2%

8)Book value per share = Common stockholder equity / Number of common stock equity

= $44,178/ 500

= $88.36

3 0

4 years ago

Cameron Manufacturing Co.'s static budget at 5,000 units of production includes $40,000 for direct labor and $5,000 for variable

Xelga [282]

Answer:

C) variable costs of $72,000 and $25,000 of fixed costs

Explanation:

To determine the flexible budget we must first calculate the variable costs of producing 8,000 units:

direct labor per unit = $40,000 / 5,000 units = $8 per unit

electric power per unit = $5,000 / 5,000 units = $1 per unit

total variable cost per unit = $8 + $1 = $9

Total variable costs for 8,000 units = 8,000 units x $9 per unit = $72,000

Total fixed costs = $25,000

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3 years ago

In Thailand, it is required that any milk product sold in the country by a foreign company must use the milk that is at least 50

Ede4ka [16]

Answer: Local- content laws

Explanation: In simple words, these refers to the rules and regulation made by the government requiring foreign firms to use domestic resources if they want to operate in that economy.

In the given case, Thailand requires foreign companies selling milk products to use domestically produced milk for their production.

Hence from the above we can conclude that the economic risk involved is regarding to local content laws.

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3 years ago

Greening refers to: a. Answer the need for more carbon dioxide in our air. b. firms acquiring more green backs (U.S. dollars) fr

Ipatiy [6.2K]

Answer:

The correct answer is letter "C": finding ways to lessen the harm on our environment.

Explanation:

Greening implies analyzing what factors of businesses are harmful to the environment where the firm carries out its operations so that impact can be reduced in favor of the natural atmosphere. To achieve that goal, companies take several steps such as <em>reducing power and water service usage, recycling </em>or <em>planting trees</em> in affected environments.

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3 years ago