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Rzqust [24]
3 years ago
14

The decision by shoe store owners to fix their prices will result in consumers paying _____ prices. lower higher the same

Business
2 answers:
Anon25 [30]3 years ago
7 0

Answer:

Higher prices

Explanation:

Fixed prices are associated with higher prices for consumers

Alika [10]3 years ago
3 0

Answer:

higher

Explanation:

This will make consumers pay a higher price. In a competitive market like shoes, suppliers compete for market share through price, so that none of them will have control over the market equilibrium price unless there is a collusion. Collusion is an illegal practice of price matching between competitors. This disassembles the competition parameters of the market, causing the selling price to be higher than the competitive equilibrium price. In this way consumers are injured. For this reason, regulatory agencies stipulate rules in competitive markets to prohibit collusion.

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Hutter corporation declared a $0.50 per share cash dividend on its common shares. the company has 25,000 shares authorized, 12,0
Sergio [31]
25,000 shares authorized
12,000 shares issued
10,000 shares of common stock outstanding
0.50 per share cash dividend on its common stock outstanding

Declaration of dividends on its common shares.
10,000 * 0.50 = 5,000
                                           Debit        Credit
Retained Earnings                  5,000
             Dividends Payable                   5,000

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3 years ago
What is quality control?
lilavasa [31]
Quality control is a system maintaining standards in manufacturing products by testing a sample of the output  against the specification. 

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4 0
3 years ago
A comparative balance sheet for Culver Corporation is presented as follows.
laila [671]

Answer:

Increase in cash = $50,740

Explanation:

The statement of cash flows for 2020 can be prepared as follows:

Culver Corporation

Statement of Cash Flows

For December 31, 2020

<u>Particulars                                                               $                       $             </u>

Net income                                                        127,440

Adjustment to reconcile net income:

Depreciation expenses (w.1)                             26,740

(Increase) decrease in current assets:

Increase in accounts receivable (w.2)             (15,740)

Decrease in inventory (w.3)                                9,260

Increase (decrease) in current liabilities:

Decrease in accounts payable (w.4)             <u>  (13,260)  </u>

Net cash from operating activities                                          134,440

<u>Cash Flow from Investing Activities </u>

Sales of land (w.5)                                             39,260          

Purchase of equipment (w.6)                         <u> (59,740) </u>

Net cash from investing activities                                            20,480

<u>Cash Flow from Financing Activities</u>                                      

Cash dividends paid                                      <u>  (63,220)  </u>

Net cash from financing activities                                         <u>   63,220   </u>

Increase / (Decrease) in cash                                                     50,740

Beginning cash balance                                                           <u>   22,000  </u>

Ending cash balance                                                                <u>   72,740</u><u>  </u>

Workings:

w.1: Depreciation expenses = Accumulated Depreciation in 2020 -  Accumulated Depreciation in 2019 = $70,220 - $43,480 = $26,740

w.2: Increase in accounts receivable = Accounts receivable in 2020 - Accounts receivable in 2021 = $83,220 - $67,480 = $15,740

w.3: Decrease in inventory = Inventory in 2020 - Inventory in 2019 = 181220 190480 = -$9,260

w.4: Decrease in accounts payable = Accounts payable in 2020 - Accounts payable in 2019 = ($35,220 - $48,480) = $13,260

w.5: Sales of land = Land in 2019 - Land in 2020 = ($111,480 - $72,220) = $39,260

w.6: Purchase of equipment = Equipment in 2020 - Equipment in 2019 = $261,220- $201,480 = $59,740

7 0
3 years ago
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Explanation:

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