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Jlenok [28]
4 years ago
13

A rent ceiling results in a shortage. As a result, which of the following do you expect? O a black market for apartments whereby

higher rents are obtained through various other charges in the long-run, more and more people will want to become landlords discrimination as tenants choose their landlords, possibly based on race, age, or gender O a shortage of applicants for the apartments available
Business
1 answer:
zheka24 [161]4 years ago
6 0

Answer:

The correct answer is: black market for apartments whereby higher rents are obtained through various other charges.

Explanation:

A price ceiling refers to an upper limit fixed for the price of a product or service. A rent ceiling means that rent cannot be charged higher than this limit.  

This rent ceiling would create higher demand and a smaller supply of apartments. This is because of law of demand and law of supply.  

Because of shortage of apartments in the market, a black market will be created where the apartment owners will be able to charge higher rents through other charges.

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Internal Rate of Return Lisun Company produces a variety of gardening tools and aids. The company is examining the possibility o
eimsori [14]

Answer:

Internal Rate of Return (IRR) = 10%

Explanation:

The computation of IRR for the new production system is shown below:-

PV factor for Internal Rate of Return = Investment cost ÷ Annual net cash savings

PV factor for Internal Rate of Return = $4,607,200 ÷ $800,000

= 5.759

The PV factor 5.759 in Present value of a Annuity of $1 table for 9 years is closest to 10%

Internal Rate of Return (IRR) = 10%

6 0
4 years ago
Suppose you own an apartment and the government sets a price control on the monthly amount you can charge a person to live there
k0ka [10]
The answer is Rent Control.
4 0
4 years ago
Read 2 more answers
Merone Company allocates materials handling cost to the company's two products using the below data: Modular Homes Prefab Barns
Olin [163]

Answer:

$266,647

Explanation:

Total Moves = sum of total expected material moves of modular homes and prefab barns  

                    = 580 + 180

                    = 760 Moves

Material handling cost allocated to Modular homes:

= (Expected total materials handling cost ÷ Total moves) ×  total expected material moves of modular homes

= ($349,400 ÷ 760) × 580

= $266,647

If the materials handling cost is allocated on the basis of material moves, the total materials handling cost allocated to the modular homes is closest to: $266,647

4 0
4 years ago
On August 31,the balance sheet of La Brava Veterinary Clinic showed cash $9,000,Account receivable$1700,supplies $600,equipments
Vladimir79 [104]

Answer:

Brava Veterinary Clinic

a) Tabular Analysis of September Transactions:

see attached.

b1) Income Statement for September:

Service Revenue  $7,300

Expenses:

Salaries      $1,700

Rent               900

Advertising   200

Utilities          170 ($2,970)

Net Income         $4,330

b2) Retained Earnings Statements for September

Net Income                               $4,330

Beginning Retained Earnings    $700

Dividends                                   ($400)

Ending Retained Earnings     $4,630

b3) Balance Sheet at September 30:

Assets:

Cash                                    $14,900

Accounts Receivable             6,200

Supplies                                    600

Equipment                              8,100

Total Assets                     $29,800

Liabilities + Equity:

Accounts Payable              $12,170

Common Stock                   13,000

Retained Earnings               4,630

Total Liabilities + Equity  $29,800

Explanation:

Financial Statements (Income Statement and Balance Sheet) are prepared at the end of a period to show the financial performance (Net Income) and the financial position (Assets = Liabilities + Equity) of a business entity.

A tabular statement of transactions illustrates the changes that have taken place during the period as a result of transactions.  Transactions affect the Assets and Liabilities and Equity equally.  The excess of revenue over expenses gives a net income.

Download xlsx
7 0
3 years ago
Read 2 more answers
What factors should be considered when making an offer on a home?
olga55 [171]

Answer:

price

Explanation:

because u always have to no the price of the home

6 0
3 years ago
Read 2 more answers
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