A likely result will be a decrease in the quality of a product.
The fee ceiling is a state of affairs while the price charged is greater than or less than the equilibrium fee decided with the aid of market forces of demand and deliver. It's been found that higher price ceilings are useless. price ceiling has been discovered to be of extraordinary importance within the residence rent marketplace.
A price ceiling is a legal maximum rate that one will pay for some good or carrier. A government imposes rate ceilings as a good way to preserve the price of some necessary precise or services low-cost. as an example, in 2005 at some stage after Hurricane Katrina, the price of bottled water expanded above $five according to the gallon.
A rate ceiling continues a fee from growing above a sure level (the “ceiling”), even as a fee ground continues a rate from falling underneath a given degree (the “ground”). This phase uses the call for and delivers a framework to research price ceilings. the following section discusses rate flooring.
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Answer:
$152.4 million
Explanation:
The computation of the projected net income is shown below:
As we know that
Net income = (EBIT - interest) × (1 - tax rate)
where,
EBIT = Sales - operating cost
= $700 × 120% - ($700 × 120% × 65%)
= $840 - ($840 × 65%)
= $840 - $546
= $294
The interest expense and tax rate is $40 and 40%
So, the projected net income is
= ($294 - $40) × (1 - 40%)
= $152.4 million
We simply applied the above formula so that the projected net income could be come
Check if the website is biased or not
Answer:
c.a restrictive indorsement.
Explanation:
-Blank endorsement refers to an instrument that allows any holder to request the payment.
-Qualified endorsement refers to a signature in an instrument that transfers the amount to other person.
-Restrictive endorsement puts a limit on an instrument like the sentence "For deposit only."
-Special endorsement enables to make a check payable to someone else.
According to this, the answer is that this is a restrictive endorsement.
<h3>Hello there!</h3>
Your question asks if you offer up your car as a demonstration that you will pay off your loan, would your car be used as collateral?
<h3>Answer: True</h3>
The reason why your answer would be "True" is because you're offering up your car for something that could not be very certain to do.
If you offered your car as a demonstration to pay off your loan, but you don't pay off the loan, the bank has every right to take the car from you, due to the fact that the car is on collateral.
Collateral is known as something that is "forfeited" or "security" for a repayment of a loan.
In this situation, you're offering your car as collateral if you don't pay the loan back. And if you don't pay the loan back, you're going to forfeit your car to the bank in order for them to use it as a way to get money to pay off the loan themselves. Banks, bail bonds, etc. usually have people put things up for collateral to keep a "safe" measure for the loan, due to the fact that they're giving people instant money. It's just a "security" or "safety" procedure banks due in order to get something in return if the loan is not paid off, so they won't be losing money or leave empty handed.
<h3>I hope this helps!</h3><h3>Best regards, MasterInvestor</h3>
