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Ymorist [56]
3 years ago
13

When does it make sense for government to interfere with a pure market outcome?

Business
1 answer:
guajiro [1.7K]3 years ago
5 0
There are several situations when the government has to interfere with a pure market outcome. If the price of a product rises without any significant cause or if there is more supply than demand of a market, then the government can put a price ceiling or floor price of a product. This is purely to keep the economy of a country or state stable.
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On December 31, 2020, Lemmon Company issued 20,000 shares of its common stock with a fair value of $50 per share for all of the
Phantasy [73]

Answer:

$1,002,000

Explanation:

The costs incurred on the share for share exchange include the fair value per share ,issue costs,direct cost as well as contingent consideration(consideration based on the acquired business performance.

However,the costs eligible to be recorded as investment upon acquisition are the fair value per share and the contingent obligation as shown below:

Fair value (entire shares) $50*20,000=$1,000,000

fair value of potential obligation           =$2000

total value of investment                        $1,002,000

The issue costs and direct should be expensed immediately.

5 0
3 years ago
Which are 3 common misconceptions users of an income statement may have?
Mama L [17]

The three most frequent misconceptions are that net income equals cash, net income excludes estimates, and net income reports all changes in value that occurred during the accounting period.

One of the three crucial financial statements used to describe a company's financial performance throughout a certain accounting period is the income statement. The balance sheet and the cash flow statement are the other two important statements. The income statement, which is often referred to as the profit and loss (P&L) statement or the statement of revenue and expense, primarily focuses on the company's revenue and expenses over a specific time period. Understanding how to study an income statement is the greatest approach to evaluate a business and choose whether or not to invest.

To learn more about income statement here

brainly.com/question/28035395

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3 0
2 years ago
Online Book Merchants offers premium customers 1 free book with every purchase of 5 or more books and offers 2 free books with e
EastWind [94]

Answer:

A statement that assigns freeBooks the appropriate value based on the values of the boolean variable isPremiumCustomer and the int variable nbooksPurchased.

if(nbooksPurchased > 4){

if(isPremiumCustomer){

freeBooks = 1;

if(nbooksPurchased > 7){

freeBooks = 2;

}

}else{

freeBooks = 0;

if(nbooksPurchased > 6){

freeBooks = 1;

}

if(nbooksPurchased > 11){

freeBooks = 2;

}

}

}else{freeBooks = 0;}

Explanation:

5 0
3 years ago
The ___________ planning horizon is shorter than the aggregate production plan's, but must be longer than a firm's production le
klio [65]

Answer:

The correct answer is letter "B": Master production schedule.

Explanation:

A Master Production Schedule (MPS) is a detailed plan that outlines what products and in which quantities products should be manufactured over a certain period. This schedule contrasts the Aggregate Production Plan (APP) which has a broader scope in business production not only for a product but for a product family usually in large plants.

<em>MPS planning horizon is shorter than the APP but easier to understand assuming the demand for the product is constant. The MPS lead time to produce a good tends to be longer than the APP.</em>

7 0
4 years ago
mr. morgan earns $38,000 a year as a salesperson and a 5% commission on all his sales. he has a mortgage of $910 a month and pay
9966 [12]

The mortgage is a liability.

A mortgage is an agreement between you and a lender that gives the lender the proper to take your house if you fail to pay off the money you've borrowed plus interest. loan loans are used to buy a home or to borrow money in opposition to the price of a domestic you already personal. Seven things to search for in a mortgage.

An instance of a mortgage is the loan you took out when you bought your property. To mortgage is whilst you take a loan and use your home as collateral. An example of a mortgage is when you visit a financial institution and borrow money in opposition to your home.

The mortgage existence cycle starts whilst a man or woman makes a decision to purchase a residence and techniques a financial group for the loan. It continues until the borrower repays the final charge to the loan issuer.

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7 0
1 year ago
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