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3 years ago

Consumer protection laws might result in:

Business

2 answers:

Harman [31]3 years ago

8 0

I believe the answer is: A. Fewer unwanted telemarketing calls

Consumer's protection law would ban every activities conducted by companies that violate the rights of the consumers. Unwanted telemarketing calls would most likely decreased because they could be considered as a violation of people's privacy and could be categorized as disturbance.

Leno4ka [110]3 years ago

6 0

Consumer rights and consumer protection law provides a way for individuals to fight back against abusive business practices. These laws are designed to hold sellers of goods and services accountable when they seek to profit by taking advantage of a consumer’s lack of information or bargaining power. Some conduct addressed by consumer rights laws is simply unfair, while other conduct can be described as outright fraud. Consumer rights laws exist at the federal and state level. They are enforced by government agencies, offices of attorneys general, and through individual and class action lawsuits filed by victims.

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Presented below are the financial statements of Tamarisk Company. Tamarisk Company Comparative Balance Sheets December 31 Assets

SashulF [63]

Answer:

Please see the Statement of Cash Flow for Tamarisk Company as of December 31, 2022 below:

Explanation:

Tamarisk Company

Statement of Cash Flow

As of December 31, 2022

CASH FLOWS FROM OPERATING ACTIVITIES $

Net Income 73,600

Adjustments to reconcile net income to

net cash provided by operating activities:

Depreciation on Fixed Assets 40,250

(Increase) Decrease in Current Assets:

Accounts Receivables (13,800)

Merchandise Inventory (18,400)

Increase (Decrease) in Current Liabilities:

Accounts Payable 9,200

Income taxes payable (2,300)

NET CASH PROVIDED BY OPERATING ACTIVITIES 88,550

CASH FLOWS FROM INVESTING ACTIVITIES

Sale of Equipment 19,550

NET CASH USED IN INVESTING ACTIVITIES 19,550

CASH FLOWS FROM FINANCING ACTIVITIES

Payment of Cash Dividends (46,000)

Issuance of Common Stock 9,200

Bonds Payable (36,800)

NET CASH PROVIDED (USED) IN FINANCING ACTIVITIES (73,600)

NET INCREASE (DECREASE) IN CASH 34,500

Cash Balance, December 31 2016 46,000

Cash Balance, December 31 2017 80,500

5 0

4 years ago

Sarah exchanges a building and land (used in her business) for Tyler’s land and building and some equipment (used in his busines

oksano4ka [1.4K]

Answer

The answer and procedures of the exercise are attached in the following image.

Explanation

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.

5 0

3 years ago

Ptarmigan Company produces two products. Product A has a contribution margin of $289.20 and requires 12 machine hours. Product B

jekas [21]

Answer:

Product B

Explanation:

Calculation to determine the Product that is most profitable.

Product A Product B

Contribution margin per unit $289.20 $221.40

÷ Machine hours 12 machine hours 9machine hours

Contribution margin per bottleneck hour 24.1 24.6

(Product A= 289.20/12=24.1)

(Product B =$221.40/9=24.6)

Therefore based on the above calculation PRODUCT B is the most profitable

3 0

3 years ago

Alo Company produces commercial printers. One is the regular model, a basic model that is designed to copy and print in black an

Nataly [62]

1. The break-even points in sales units are computed as follows:

Break-even point (in units) = Direct fixed cost/contribution margin per unit

Regular model = 20,000 units ($1,200,000/$60)

Deluxe model = 3,529 units ($960,000/$272)

2. The Alo Company's Sales revenue to break-even, company-wide, is computed as follows:

Sales Revenue at break-even point:

= Fixed costs/Contribution margin ratio

= $3,660,800/40%

= $9,152,000

Data and Calculations:

Regular Model Deluxe Model Total

Expected sales quantity 90,000 18,000 108,000

Sales $13,500,000 $12,240,000 $25,740,000

Less: Variable costs 8,100,000 7,344,000 15,444,000

Contribution margin $5,400,000 $4,896,000 $10,296,000

Less: Direct fixed costs 1,200,000 960,000 2,160,000

Segment margin $4,200,000 $3,936,000 $8,136,000

Less:Common fixed costs 1,500,800

Operating income $6,635,200

Selling price per unit $150 $680 ($12,240,000/18,000)

Variable costs per unit $90 $408 ($7,344,000/18,000)

Contribution margin $60 $272 ($680 - $408)

Contribution margin ratio for the company = 40% ($10,296,000/$25,740,000 x 100)

Company total fixed costs = $3,660,800 ($2,160,000 + $1,500,800)

Learn more: brainly.com/question/17173792

5 0

3 years ago

A corporation issued 80 shares of no par value common stock for $800 cash. Based on this information, the credit to the common s

GREYUIT [131]

Answer:

The correct answer to the following question should be $800.

Explanation:

As per the question, a corporation has issued 80 shares which have no par value, and the amount of cash that has been paid for the common stock is $800 cash. So the journal entry for this would be -

SN Particular LF Debit Credit

1 Cash $800

To Common stock $800

( with no par value )

So the amount which would be credited to common stock would be $800

7 0

3 years ago