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3 years ago

How does the government help ensure fair prices for all citizens of a particular area served by one utility company?

Business

1 answer:

grigory [225]3 years ago

5 0

Answer:

The answer is by negotiating affordable rates with a supplier.

Explanation:

The government helps ensure fair prices for all citizens by negotiating affordable rates with a supplier.

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Pelcher Co. maintains a $400 petty cash fund. On January 31, the fund is replenished. The accumulated receipts on that date repr

vichka [17]

Answer:

Dr.Office Supplies, $110; Dr. Merchandise inventory, $140; Dr. Miscellaneous expenses, $70; Cr. Cash over and short, $4; Cr. Cash, $316

Explanation:

The journal entries are shown below:

1. Petty cash A/c Dr $400

To Cash A/c $400

(Being petty cash fund established)

2. Office supplies A/c Dr $110

Merchandise inventory A/c Dr $140

Miscellaneous expense A/c Dr $70

To Cash over and short A/c Dr $4

To Cash A/c Dr $316

(Being disbursement of cash recorded)

6 0

3 years ago

Read 2 more answers

Consider the case of Demed Inc.: Demed Inc. has 9% annual coupon bonds that are callable and have 18 years left until maturity.

solong [7]

Answer:

A) YTM = 7.64%

B) YTC = 7.36%

C) 8 years

D ) 7.64%

Explanation:

Annual coupon bond rate = 9%

number of year left until maturity = 18

par value of Bonds( FV ) = $1000

current market price( PV ) = $1130.35

Demed can call bonds in 8 years at a call price of $1060

A) what is the Bonds' YTM ( yield to maturity )

we calculate the interest per period ( PMT )

= ( Fv * Annual coupon bond rate) / number of compounding per year

= (1000 * 9% ) / 1 = $90

next we calculate number of compounding periods till maturity ( NPER )

= number of years to maturity * number of compounding per year

= 18 * 1 = 18

using excel formula = RATE ( NPER,PMT,PV,FV) )

hence yield to maturity = 7.64%

B) what is YTC ( yield to call )

we calculate the interest per period ( PMT )

= $1000 * ( coupon rate / number of compounding per year )

= $1000 * ( 9% / 1 ) = $90

next we calculate the number of compounding periods till sell

= 8 * 1 = 8

using excel formula = RATE ( NPER,PMT,PV,FV) )

Hence the YTC = 7.36%

C) Bonds will be called at 8 years and this is because the YTC is less than YTM

D ) The coupon rate for the bonds to be issued at par, is 7.64%

6 0

3 years ago

If you are accused of a criminal act, you can substantially lower your legal costs by _____.

evablogger [386]

B. By accepting a public defender (since then you wouldn't have to pay for a lawyer)

3 0

3 years ago

Read 2 more answers

7.Consider two metropolitan areas, one that has many small school districts and one that has only a few large school districts.

lorasvet [3.4K]

Answer and Explanation:

Efficiency and equality:

We have given the information that there are two areas one has many small school and another has few large schools. The area which has many small schools faces a large competition as there are large numbers of school in that area. In order to maintain equality and efficiency the voucher system should announced in the area which has few large schools. Introducing the voucher system in this few large school region help to maintain equality as there is less competition. Whereas the introduction of the voucher system in an area which has many large schools increases the inequality as there is high competition and this inequality also stimulated by the migration factor. So, these are the effects of voucher system in different areas.

6 0

3 years ago

1. What is the difference between fixed, variable, and periodic costs?

lisov135 [29]

Answer:

The difference is in how they response to the level of production of the firm.

Variable cost are directly associated with the production level, therefore changes with the number of units produced.

Fixed costs do not change with the level of production and remains fixed. Usually, fixed cost changes with the time.

Periodic Costs are the costs that cannot be capitalised and are incurred for a period of time. Such as administrative costs.

Explanation:

4 0

3 years ago