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3 years ago

What is the maximum price that government allows sellers to charge

Business

1 answer:

oksian1 [2.3K]3 years ago

4 0

I think it's called a price ceiling. At least, that's what I think it is.

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In which of the following situations would it be important for a successful, existing

Tamiku [17]

The business plan is the blueprint for your business. If you wanted to build a house, you wouldn't walk over to an empty lot and just start nailing boards together. Starting a business without a business plan is just as risky.

hope this helps :)

7 0

3 years ago

A group of employees wishes to start a union is that lawful or unlawful explain

tekilochka [14]

Lawful, because you have the freedom of speech in the U.S.

3 0

3 years ago

Suppose that an economy consists of only two individuals. Jeremy has $1830 available to spend on goods. He decides to purchase $

Effectus [21]

Answer:

A) $930

B) $930

C) See explanation

Explanation:

A) Since Jeremy spends by purchasing products from Michele, Michele earns an income. As there are no further activity, the economy's income is $930.

B) Since Jeremy spends by purchasing products from Michele, Jeremy pays money. As there are no further activity, the economy's expense is $930.

C) There is a relationship between income and expenses in an economy. That relationship is called the consumption factor. If people earn money, they tend to spend that money. In an economy, someone's income may include another person's expenditure. An example can show the relationship in a better way -

If Mary earns money by providing services, it will be her income and also the economy's income. As another person pays fees for the services, it will be the customer's expense and also the economy's expenditure.

7 0

3 years ago

Excey Corp. has 10 percent coupon bonds making annual payments with a YTM of 9.5 percent. The current yield on these bonds is 9.

shtirl [24]

Answer:

The number of years would be 4 years to maturity

Explanation:

Let the Face value (FV) be $1,000

So, the PMT will be 10% of Fv

PMT = 10% × $1,000

PMT =$100

Computing the Present Value (PV) of the bond as:

PV = PMT / Current Yield

where

PMT is payment monthly, which the 10% of coupon bond, that is $10

Current Yield will be 9.85% or 0.0985

Putting the values above:

PV = $100/ 0.0985

PV = $1,015.22

Now, computing the number of years using the Excel formula , which is as:

=Nper(rate,pmt,pv,fv,type)

where

Nper is number of years

rate is 9.5%

pmt is $100

pv is -$1,015.22

fv is $1,000

Putting the values above:

=Nper(9.5%,100,-1015.22,1000,0)

= 3.76 or 4 years

5 0

3 years ago

Ratchet Manufacturing anticipates total sales for August, September, and October of $220,000, $230,000, and $240,500 respectivel

Zinaida [17]

Answer:

The Accounts Receivables will be reported as $154000 in August's budgeted balance sheet.

Explanation:

The credit sales for August can be calculated by separating the total sales into cash and credit sales.

The cash sales are 30% or total sales which means the remaining 70% belongs ot the credit sales.

The credit sales for August will be = 220000 * 0.7 = 154000

As the question suggests, all credit sales that is $154000 for August will remain as accounts receivables in the month of August and will be collected in September. Thus, in budgeted balance sheet for August, the Accounts receivables will be reported as $154000

3 0

3 years ago