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3 years ago

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If a price ceiling is not binding, thena. the equilibrium price is above the price ceiling.b. the equilibrium price is below the

price ceiling.c. it has no legal enforcement mechanism.d. None of the above is correct because all price ceilings must be binding.

1 answer:

IgorLugansk [536]3 years ago

5 0

B. The equilibrium price is below the price ceiling.

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When there is a challenge, Luis is up for it. Deadlines and complex tasks that would send others running are enjoyable to Luis,

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Typically, this definition is separated into two categories: internal and external. If an individual has an internal control locus, that person will assign success to their own contributions and capabilities.

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What examples best demonstrate likely tasks for Distribution and Logistics workers? Check all that apply. Stacy supervises worke

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3 years ago

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Cute Camel Woodcraft Company is considering a one-year project that requires an initial investment of $500,000; however, in rais

vfiekz [6]

Answer:

The correct answer is "32.076%".

Explanation:

Given:

Initial investment,

= $500,000

Cash inflows,

= $500,000

The floatation cost will be:

= $500,000\times 6 \ percent$

= $30,000$ ($)

The total cost will be:

= $Initial \ investment+Floatation \ cost$

= $500000+30000$

= $530000$

hence,

The rate of return will be:

= $\frac{Inflows}{Cost} -1$

= $\frac{700000}{530000} -1$

= $\frac{700000-530000}{530000}$

= $0.32076$

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3 years ago

Which type of investment would be an example of an investment at point B? a US savings bond a CD a stock a savings account.

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3 years ago

Rodriguez Company pays $363,285 for real estate with land, land improvements, and a building. Land is appraised at $198,000; lan

Irina18 [472]

Answer:

1.Land $163,478

Land Improvement $54,493

Building $145,314

2.Dr Land $163,478

Dr r Land Improvement $54,493

Dr Building $145,314

Cr Cash $363,285

Explanation:

1. Calculation to Allocate the total cost among the three assets

First step is to Add up all expenditure costs Total Expenditure costs =$198,000+$66,000+$176,000

Total Expenditure costs =$440,000

Second step is to divide each expenditure up by the total amount

Land=($198,000/$440,000= 0.45)

Land improvement=($66,000/$440,000= 0.15)

Building=($176,000/$440,000= 0.40)

Now let Allocate the total cost among the three assets

Land=0.45* $363,285

Land = $163,478

Land improvement=0.15*$363,285

Land Improvement=$54,493

Building=0.40*$363,285

Building=$145,314

Total $363,285

($163,478+$54,493+$145,314)

Therefore the total allocation cost among the three assets is:

Land $163,478

Land Improvement $54,493

Building $145,314

2. Preparation of the journal entry to record the purchase

Dr Land $163,478

Dr r Land Improvement $54,493

Dr Building $145,314

Cr Cash $363,285

(To record purchase)

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3 years ago