A price floor is the mining price that can be charged for an item. A binding price floor is a price set above market average pricing. Since the government regulates this and will not let them sell below the average market price, the price is set in stone for the products price in the market.
Answer:
Direct material used= $420
Explanation:
Giving the following information:
Sales revenue= $4,000
Purchases of direct materials= $400
Direct labor= $450
Manufacturing overhead= $620
Operating expenses= $650
Beginning raw materials inventory= $200
Ending raw materials inventory= $180
Beginning work in process inventory= $320
Ending work in process inventory= $410
Beginning finished goods inventory= $250
Ending finished goods inventory= $200
Direct material used= ?
Direct material used= beginning inventory raw material + purchase - ending inventory raw material
Direct material used= 200 + 400 - 180= $420
Answer:
1. If a firm increases its dividend payout rate the: firm will have less cash available for new investment. True
2. Stock price will likely fall by the same percentage. False
3. Retention ratio will rise at the same rate. False
Explanation:
1. If a firm increases its dividend payout rate the: firm will have less cash available for new investment. This assertion is true because the company would be paying out a larger portion of earnings as dividends, hence the balance portion for new investment will be lower as a result.
2. Stock price will likely fall by the same percentage. This assertion is most unlikely because normally, if a particular stock is paying higher dividends investors will have high expectation and be willing to pay a higher price to buy a stock that pays high dividends
3. Retention ratio will rise at the same rate. This conclusion is also incorrect because pay out ratio and retention ratio have an inverse relationship. If more dividend is paid out, then less money is retained.
Answer: (C) Networking
Explanation:
Networking is the process of communicating by sharing the data or information from source to its destination by using various types of computer networks such as protocols, different type of software and the wireless technology.
According to the given question, the communicating with the people and share the information regarding the hob is defined as the networking.
The main objective of the networking is that it helps in exchange the information or data and give advice about the career and jobs.
Therefore, Option (C) is correct.
I think the correct answer would be primary source. It is an account of an event created by someone who took part in or witnessed the event. It is also known as original source. It is any document, manuscript, diary, autobiography, artifact, recording or any source that was made at the time being studied. Examples are interviews, archives, photographs, letters, films and scrapbooks. When the data from these primary sources are obtained from other source wherein they are being analyzed and interpreted then these sources will be called as a secondary source. Examples are articles, books, magazines, surveys, internet resources.
