That statement is False
The lemon law in Florida stated that the vehicle is considered a lemon if :
- Out for repairs for at least 30 days
- out of service for repairs for 15 calendar days
- Have to went for 3 times repairs for the same defect
Staying in the shop does not mean that the vehicle is out of service. so it does not meet the clause
<span>income tax reduction. hope it helps</span>
The council of better business bureaus is a national organization devoted to consumer service and business self-regulation.
Answer:
Which of the following is typically the case for companies that operate in product markets where there is relatively little competition from other companies?
C) higher wages and higher profits
Explanation:
A situation where different organizations are striving to sell the same product is known as competitive markets. When the number of companies selling the same product is small, then we can say that the market has little competition from other companies. A market that has little to no competition has the following qualities;
1. Reduced efficiency
In a market where companies operating in a market have little competition, the efficiency in terms of processing time, and overall quality of finished products is very low since the demand for products is guaranteed whether the product is of high quality or not. The customers have no other choice but to buy from them.
2. Higher profits
In markets that there is little competition, the companies are always few. This means that the market share per company is relatively bigger than other markets. Bigger market shares translates to increases sales, thus higher profit margins.
3. Higher wages
Companies that have higher profits as a result of bigger market shares tend to pay their employees higher wages since the available disposable income is high.
Answer:
A) The balance in ending inventory would be $7.00.
Explanation:
FIFO Perpetual chart is attached.
FIFO Perpetual chart shows purchases , sales and balance of each period. We must see final situation to know which is the final inventory balance.
The balance at the end of March is
Units Unit Cost Total
1 7 $7,00
Total=$7.00
