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xenn [34]
4 years ago
7

Price ceilings are often established in order to

Business
1 answer:
monitta4 years ago
3 0
The correct answer is C. keep products affordable for consumers.

Price ceilings are created to help people acquire bare necessities such as water, or wheat and flour, or anything similar. A price ceiling is imposed and you pay that amount maximum, and if prices should rise because of production costs then the country pays for the extra charge out of its budget.
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__________ is the use of a third party to encourage labor and management to continue negotiating in an effort to settle a labor
grigory [225]
Mediation<span> is the use of a third party to encourage labor and management to continue negotiating in an effort to settle a labor dispute or achieve a mutually acceptable labor-management agreement.

Mediation is common in any disagreement when needing to come to a conclusion for an on-going issue. It's beneficial to have a mediator who is a third party to advocate and </span>clarify points each side is making. This helps facilitate without preference for both labor and management to agree/come to terms with an idea, issue or advancement they are facing. 
7 0
3 years ago
Loews corporation, a conglomerate with 15 billion usd in revenues, competes across several industries including oil and gas, tob
Dvinal [7]
The statement above is FALSE.
Loews conglomeration is into many businesses including hotels, insurance, watches, oil, gas, tobacco, etc. The diversification strategy of the company is to buy up firms that are in financial mess, turn them into profitable ventures and then sell them at a premium. They also diversified by investing into new business fields.  
7 0
3 years ago
American Inc. had gross sales of $925,000. Cost of goods sold and selling expenses were $490,00 and $220, 000 respectively Ameri
drek231 [11]

Answer:

a. Particulars                                Amount

Gross sales                                  $925,000

Less: COGS                                 <u>$490,000</u>

EBITDA                                        $435,000

Less: Depreciation                      <u>$120,000</u>

EBIT                                              $315,000

Less: Interest on notes payable <u>$8,800   </u>  (220000*4%)

EBT                                               $306,200

Less: Tax (35%*306200)             <u>$107,170</u>

Net Income                                   <u>$199,030</u>

<u />

b. Operating cash flow = Net income + Depreciation

Operating cash flow = $199,030 + $120,000

Operating cash flow = $319,030

6 0
3 years ago
Baby boomers are less likely to associate retirement with "the beginning of the end" and see it instead as a new chapter in thei
irga5000 [103]

Answer: <em>True</em>

Explanation:

Baby boomers are known as demographic companion of the Silent Generation and also preceding the Generation X. This generation is mostly  described as the individuals that are born in between the years 1946 and 1964. These individuals are known to be least likely to be associated with the inclination of term retirement with phrases such as "beginning of an end".

4 0
3 years ago
Ethnocentrism in international business refers to the ________.
ioda
Belief that what works best at home should work everywhere else<span />
4 0
4 years ago
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