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otez555 [7]
3 years ago
10

The government might enact a price ceiling in order to accomplish what

Business
2 answers:
crimeas [40]3 years ago
8 0

Answer:

Protect the poor

Explanation:

Good luck :)

uysha [10]3 years ago
5 0
A limit of spending of the government, 
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The ability to meet short-term obligations and to efficiently generate revenues is called:________.
Dafna1 [17]

The ability to meet short-term obligations and efficiently generate revenues is called Liquidity.

Liquidity is the ease or speed with which money can be raised to meet short-term financial responsibilities such as paying bills. Stocks and bonds, as well as other easily tradable assets, are regarded as liquid assets.  

A company's liquidity can be determined by how well it can meet its short-term obligations, particularly those that are due in less than a year. What the business owes in comparison to what it owns is typically represented as a ratio or percentage. You can gain insight into the company's financial situation by using these metrics.

The liquidity status of a business is primarily affected by two factors. The first factor is its capacity to transform assets into cash to cover its present liabilities (short-term liquidity). Its debt-carrying capability is the second.

To learn more about Liquidity refer to:

brainly.com/question/13646882

#SPJ4

5 0
1 year ago
On January 1, Year 5, customers owed Eagle $40,000. On December 31, Year 5, customers owed Eagle $30,000. Eagle uses the direct
irinina [24]

Answer:

$200,000

Explanation:

The computation of the net revenue is shown below:

= Cash sales gross - Returns and allowances + credit sales gross - discounts + beginning balance of account receivable - ending balance of account receivable  

= $80,000 - $4,000 + $120,000 - $6,000 + $40,000 - $30,000

= $200,000

We simply first compute the net cash sales after considering the returns and allowances, and net credit sales after considering the discounts, and deduct the ending balance of account receivable

3 0
2 years ago
1. Sid bought a new $1,500,000 seven-year class asset on August 2, 2020. On December 2, 2020, he purchased $900,000 of used five
egoroff_w [7]

Answer:

Total cost recovery deduction = 1251450

Explanation:

Given the seven-year class asset bought by the Sid = $1500000

On 2nd December the five-year class asset bought = $900000

Now we have to find the cost recovery deduction for 2020.

900000/(900000 + 1500000) = 37.5% Thus, use half-year convention and avoid mid quarter

1500000 – 1,000,000 (Sec 179 limit) = 500000

500000 x 14.29% = 71450

900,000 x 20% = 180,000

1,000,000 + 71450 + 180,000

Cost recovery for 7 year asset = 1,071450

Cost recovery 5  year asset = 180000

Total cost recovery deduction = 1251450

7 0
3 years ago
When a dividend is not declared on preferred stock, and the common share­holders cannot receive a dividend until all past and cu
Lady_Fox [76]

Answer:

cumulative.

Explanation:

Cumulative preferred stock is defined as a type of stock that states that if any dividend payments have been missed the first payment of the owed dividends must be done to cumulative preferred shareholders in first instance

4 0
3 years ago
Suppose that the public holds 50% of the money supply in currency and the reserve requirement is 20%. Banks hold no excess reser
astra-53 [7]

Answer: $2,400; $2,400

Explanation:

If a deposit of $6,000 is made, the reserve requirement is 20% so the bank will have to reserve this amount of:

= 6,000 * 20%

= $1,200

The bank will be left with:

= 6,000 - 1,200

= $4,800

The bank lends all of this out.

The public holds 50% of the currency so they will keep:

= 50% * 4,800

= $2,400

The rest - which is $2,400 - will be deposited as checkable deposits.

4 0
2 years ago
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