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3 years ago

Economists generally believe that rent control is

Business

1 answer:

dangina [55]3 years ago

8 0

Answer:

D) An efficient and fair way to help poor

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Question 2 (2 points)

frez [133]

Answer:

C) Classification of products

Explanation:

Advertising is not a means of classifying products.

Advertising is a commercial process of marketing goods and services to a target group of people.

Advertising is a means of making a product known the the general market population.
It helps to increase the market share of a particular product among competitors.
When an advert is done rightly, it can bring more revenue to the company.
Also, it reinforces brand recognition.

5 0

3 years ago

Read 2 more answers

On December 1, Flint Electronics has three DVD players left in stock. All are identical, all are priced to sell at $77. One of t

faust18 [17]

Answer: $90

Explanation: closing stock as at November ending is 3, consisting of:

1 DVD bought on 1st June @ $47

1 DVD bought on 1st Nov @ $43

1 DVD bought on 30th Nov @ $36

using FIFO (First in first Out) inventory method, 2 of the DVD was sold as at the end of December.

Cost of goods sold in the month of December is $47 +$43 = $90

4 0

2 years ago

On January 1, 2019, Ola Company paid $388,900 for a $400,000 face value 3% corporate bond yielding 4%, interest paid annually on

shutvik [7]

Answer:

B. $15,556

Explanation:

As given in the question

Face value of bond = $400,000

Carrying value of bond = $388,900

Discount from par value = $11,100

Coupon rate = 3%

Bond yielding rate = 4%

Interest revenue for the year = Carrying value of bond x Bond yielding rate

Interest revenue for the year = 388,900 x 4%

Interest revenue for the year = $15,556

The correct option is B. $15,556.

8 0

3 years ago

Shahia Company bought a building for $89,000 cash and the land on which it was located for $107,000 cash. The company paid trans

kramer

Answer:

Explanation:

The net book value of the property(land and building) at the end of year 2

Building(89,000 + 7,000 + 16,000) 112,000

Less; Depreciation for 2 years(10,200*2) (20,400) 91,600

Land(107,000 + 3,000) 110,000

Net book value of property 201,600

8 0

3 years ago

MC Qu. 120 Dallas Company uses a job order... Dallas Company uses a job order costing system. The company's executives estimated

SVETLANKA909090 [29]

Answer:

$6.91 per direct labor hour

Explanation:

Given that,

Estimated direct labor = $2,640,000

Estimated direct labor hours = 220,000

Factory overhead = $1,520,000

Actual overhead costs = $1,220,000

Therefore,

Predetermined overhead rate:

= Estimated overhead cost ÷ Estimated direct labor hours

= $1,520,000 ÷ 220,000 hours

= $6.91 per direct labor hour

4 0

2 years ago