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3 years ago

The maximum price thar can be legally charged for a good or service is called what

1 answer:

4 0

The maximum price that can be legally charged for a good or service is called the price ceiling. The government sets this limit to protect consumers from businesses setting items that are needed to live everyday life unattainable due to the price.

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Using the accounting equation to analyze transactionsElaine’s Inflatables earns service revenue by providing party planning serv

xenn [34]

Answer:

Elaine's Inflatables

The effects of the business transactions on the accounting equation for Elaine’s Inflatable.

a. Increase asset,(Cash); Increase Equity (Common Stock) by $10,000

b. Increase asset, (Equipment); Increase Liabilities (Accounts Payable) $5,000

c. Increase asset, (Supplies); Decrease asset, (Cash) $400

d. Increase asset, (Cash); Increase Equity (Retained Earnings) $2,500

e. Decrease asset, (Cash); Decrease Equity (Retained Earnings) $400

f. Decrease asset, (Cash); Decrease Equity (Retained Earnings) $1,000

g. Increase asset, (Accounts Receivable); Increase Equity (Retained Earnings) $1,000

h. Decrease asset, (Cash); Decrease Equity (Retained Earnings) $1,000

i. Increase Liabilities (Utilities Payable); Decrease Equity (Retained Earnings) $250

Explanation:

To explain the accounting equation in action, Elaine's Inflatable business transactions will always show the effects on the accounting equation. This equation states that Assets are always equal to Liabilities Plus Equity with every given transaction. This equation implies that two or more accounts are impacted by each transaction and the effect is always to keep the accounting equation in balance. For example, the payment of rent of $1,000 decreases the asset (Cash) and decreases the equity (Retained Earnings) side of the accounting equation by the same amount.

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3 years ago

stock in ombor medical supplies earns a return of 5.3% annually, while bonds issued by ombor medical supplies earns a return of

cluponka [151]

Bonds will generate $26.40 more income than equities do.

<h3>How is the stock return determined?</h3>

An investment's return on investment (ROI) provides a general indication of its profitability. In order to calculate ROI, subtract the investment's initial cost from its final value, divide the result by the cost of the investment, and then multiply the result by 100.

assuming that the rates remain constant for six years.

If you invest a total of $2,400 in ombor medical dollars, you will receive an annual return of 4.1% on bonds issued by ombor medical supplies and a 5.3% annual return on stock in ombor medical supplies.

The sum will equal $ in six years.

Bonds have a higher yield than equities, as is evident.

Therefore, the difference is $.

Bonds will therefore earn $26.40 more than equities over the long term.

To know more about stock return visit:-

brainly.com/question/13807835

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5 0

1 year ago

Interior Products, Inc. is evaluating the purchase of a new machine to use in its manufacturing process. The new machine would

ZanzabumX [31]

Answer:

According to Given Data

$1,444

According to attached question

C.$4,181

Explanation:

Options are inconsistent with the data provided.

Net present value is the Net value all cash inflows and outflows in present value term. All the cash flows are discounted using a required rate of return.

Ne t present value of the machine is $1,444

Options are inconsistent with the data provided.

Workings are made in an MS Excel file, which is attached with this answer.

Original Question is attached with this answer, please find it.

According to correct data

Ne t present value of the machine is $4,181

7 0

3 years ago

Which memo provided advanced general principles to consider in cases involving corporate wrongdoing in that it makes clear that

Gekata [30.6K]

Answer:

E. Thompson memo

Explanation:

The name 'Thompson Memo' was used to honor the Deputy attorney General that first issued the memo in 2003. His name is Larry Thompson.

The memo was created to distinguished the line between the 'honest mistake' that the company might do and an actual wrongdoings that must be punished by law.

The memo consist of several criteria that future prosecutors can use to determine whether a company should be punished or not. Those criterias are:

- The nature/seriousness of the offense

- Whether they did a similar 'mistake in the past

- Whether the company admit the mistake by their own or whether it's exposed by other people

- Whether the company proposed a remedial action.

8 0

3 years ago

A shop that makes candles offers a blueberry scented candle which has daily demand of 10 boxes. Blueberry candles can be produce

Lostsunrise [7]

Answer:

E. 115 boxes.

Explanation:

d: 10 boxes/day

p: 36 boxes/day

n: 365 days

s: $60

H: $24 box/year

D: d*n

D= 10*365= 3650 boxes/year

EPQ = $\sqrt{2DS/H} *\sqrt{p/p-d}$

EPQ= $\sqrt{2*365*60/24} *\sqrt{36/36-10}$

EPQ= 158.96 = 159 units

I=Q/P * (p-d)

I=159/36 * (36-10)

I=114.83

115 boxes aproximately

7 0

3 years ago