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3 years ago

When the government imposes a binding price floor, it causes ___________.a. the supply curve to shift to the left.

Business

1 answer:

Naya [18.7K]3 years ago

5 0

Answer:

Option (D) is correct.

Explanation:

When the government sets the price of a particular good above the equilibrium level is known as the binding price floor. But this will lead to an increase in the price level or we can say that will lead to an inflation. Hence, there is a fall in the purchasing power of the consumers and therefore, fall in the demand of goods.

So, this would create a surplus of goods due to the unsold quantity of goods.

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The ________ of a business message summarizes what you want your audience members to do or think and why they should do so.

BartSMP [9]

The main idea of a business message summarizes what you want your audience members to do or think and why they should do so.

The primary purposes for sending commercial enterprise messages are commonly to tell and to persuade and visible cues, in addition, to permit the sender to tailor the message to the target market.

A message (verbal or nonverbal, or both) is the content material of the communication technique. The originator of the message in the communique procedure is the sender. The sender conveys the message to a receiver.

Knowing your target audience lets you make selections approximately what records you need to include, how you need to set up those records, and what sort of assisting details might be important for the reader to recognize what you're providing. It additionally influences the tone and structure of the record.

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1 year ago

Business applications have moved from transaction processing and monitoring to other activities. Which of the following is NOT o

AVprozaik [17]

Answer: Option (C) is correct.

Explanation:

In the 21st century, business applications have come a long way. It has moved from transaction processing and monitoring to problem analysis, solution applications and other activities. Data monitoring isn't one of these activities. Since data monitoring specifically concentrates on ardently analyzing and evaluating data and also it's quality in order to make sure that it lies within the domain of the purpose.

5 0

3 years ago

The right to ____ is never directly granted to all shareholders of a publicly held corporation.

Deffense [45]

The right to declare dividends on the common stock is never directly granted to all shareholders of a publicly held corporation. To declare dividends on the common stock.

When a corporation declares a dividend, it offers the amount of the dividend and the elegance of stocks for which the employer will pay the dividend. every person keeping shares of dividend-paying common inventory has a right to the dividend as long as he holds the inventory at the "report" date.

The board of administrators issues a declaration declaring how a whole lot can be paid out and over what timeframe. This statement implies liability for the dividend payments.

Legally, businesses must have a credit score stability in Retained earnings with a purpose to claim a dividend. Nearly, a employer must even have a coins balance huge enough to pay the dividend and nevertheless meet upcoming desires, including asset growth and payments on existing liabilities.

Learn more about business here: brainly.com/question/24448358

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7 0

2 years ago

In Year 1, a company purchased equipment that cost $70,000. The equipment has a useful life of seven years and no salvage value.

lawyer [7]

The amount of depreciation expense in Year 3 is $16,667.

Data and Calculations:

Cost of Equipment purchased in Year 1 = $70,000

Estimated useful life = 7 years

Estimated salvage value = $0

Depreciable amount = $70,000 ($70,000 - $0)

Method of Depreciation = Straight-line method

Annual depreciation expense = $10,000 ($70,000/7)

Accumulated Depreciation after 2 years = $20,000

Net book value after two years = $50,000 ($70,000 - $20,000)

Re-estimated remaining useful life after the first two years = 3 years

Depreciation expense in Year 3 = $16,667 ($50,000/3)

Thus, the company should report a depreciation expense of $16,667 in Year 3.

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5 0

3 years ago

During Year 2 Stripling earned $700,000 of revenue on account and collected $710,000 cash from accounts receivable. Also, the co

jasenka [17]

Answer:

here correct option is A. $7,000

Explanation:

given data

Stripling earned = $700,000

collected cash = $710,000

company wrote off = $8,000

revenue = 1 %

to find out

net realizable value of receivable

solution

we will find here amount of uncollectible expense that are for year 2

amount of uncollectible expense = Sales revenue for year 2 × revenue %

put here value we wet

amount of uncollectible expense = $700,000 × 1 %

amount of uncollectible expense = $700,000 × 0.01

amount of uncollectible expense = $7,000

so here correct option is A. $7,000

5 0

3 years ago