Answer:
The correct answer is: demand curve; option C.
Explanation:
A price floor is the lowest limit fixed on the price of a product. It is imposed by the government to protect the producers.
A binding price floor is fixed above the equilibrium market price. It is a horizontal line above the equilibrium price.
The consumers are willing to purchase the quantity where the price floor intersects the demand curve.
There is an excess supply as firms supply more at a higher price while the consumers demand less.
Since there is a difference between the equilibrium price and what the consumers are willing to pay, there exists a deadweight loss. This deadweight loss is the triangular area below the demand curve and above the supply curve between equilibrium quantity and price floor quantity.
Answer:
Straight Line Depreciation Expense $ 11,480
Explanation:
Given
Cost= $ 63,000
Salvage Value = $ 5,600
Life in years = 6
Calculations
Straight Line Depreciation Expense= Cost - Salvage Value/ Useful life in years
Straight Line Depreciation Expense = $ 63,000- 5,600/5
= $ 57,400/5= $ 11,480
Depreciation Expense for 1 month = $ 11480/12= $ 956.67
Adjustment at the end of the 1st month
Depreciation Expense $ 956.67 Dr
Accumulated Depreciation $ 956.67 Cr.
Answer:
shakeout stage
Explanation:
Shakeout generally refers to market restructuring. Many companies are simply excluded as they can not expand alongside the market or continue to generate adverse cash flows.
Many firms have integrated with rivals or are purchased at the growth stage by those who have been able to get bigger market shares. As of the shake-out level, revenue growth, cash flows, and income begin to decline as business reaches maturity.
the answer is: d. The expense of selling the home when she leaves the city.
The expense of selling the home would reduce the amount of money that she eventually made after home is sold. If, the expense took too much percentage from the selling price, sasha would be better of renting her current house instead.
Answer:
Earnings Per share = $0.83
Diluted Earnings per share = $0.71
Explanation:
Basic Earnings per share is how much each common stock share earns in profits and Diluted Earnings includes the options and bonds in its calculations for outstanding shares
formulas
Earnings Per share = (net income - Preferred stock dividends)/ outstanding number of shares
= $150/180
= $0.83
Diluted Earnings per share = (net income - Preferred stock dividends)/ outstanding number of shares
= $150/210
= $0.71
Outstanding number of shares in millions
opening 200
minus treasury stock - 24
issued stock 4
Basic outstanding shares = 180 shares
plus share Options 30
Diluted shares 210
