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Oksi-84 [34.3K]
3 years ago
12

Alabama this winter was socked in with snow which closed highways, stores and schools for weeks. Because of the road closures, s

oup was in greater demand but short on supply. The government put a temporary price ceiling on the cost of soup at $1. If the equilibrium for soup was at $5, what do you think happened?
Business
1 answer:
wlad13 [49]3 years ago
8 0

Answer:

people start black market for selling soup and delivering soup

Explanation:

we know here in winter due to snow highway is close so no transportation and if store will close than demand will be increase and supply will reduce

and if government reduce instant price up to 5 time for a short period than

i think people will try to stock it because there was a great demand and supply is very less than people start black market for selling soup and delivering soup

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Amazing Industries began 2018 with accounts​ receivable, inventory, and prepaid expenses totaling $ 48 comma 000 and its total c
seropon [69]

Answer:

Net Cash flow from operating $55,000

Explanation:

<em>To determine the net cash flow from operating activities. We will adjust the net income as follows; all decrease in assets and increase in liabilities are added and all increase in assets and decrease in liabilities are subtracted.</em>

                                Amazing Industries  2018

Cash flow from operating activities

                                                      $

Net Income                                48,000

<em>Adjustments:</em>

less gain on sale of land                (4,000)

Add depreciation expense       7.000

increase in current asset           (1,000)           i,e  <em>(49,000 -48,000)</em>

Increase in current liabilities       <u>5000</u>         i.e  <em>(42,000 -37,000)</em>

Net Cash flow from operating      <u>55,000</u>

All decrease in assets and increase in liabilities are added. All increase in assets and decrease in liabilities are subtracte<u>d.</u>

8 0
3 years ago
Marlee mills owns a home in the village of Sheridan with a market value of $46,800. The assessed value of the home is $16,380. A
astra-53 [7]

Answer:

<em>=>  Danielle pay $573.3 in property tax</em>

Explanation:

To calculate the property tax of the house, we take the property tax rate multiply by the assessed value of the property.

=> <em>Property tax = Assessed Value x Property Tax Rate</em>

The assessed value estimate the market value for the property, however even when there is large gap between these two, the assessed value is still used to calculate property tax because it is its purpose.

So that Danielle pay in property tax:

<em>Property tax = 16,380 x 3.5 = 57,330 cent = $573.3 </em>

<em>=>  Danielle pay $573.3 in property tax</em>

<em />

5 0
3 years ago
A__________ gap exists when a firm knows what it needs to do to meet customers' service expectations but sometimes fails to do i
astra-53 [7]

Answer:

a. delivery

Explanation:

The delivery gap is that gap which shows a difference between the company service timing and actual service timing that is given to the customer

The motive of the organization is to deliver the productions within the prescribed time so that the customers can get maximum satisfaction.  

But if the delivery is not made with the given that, the customer expectation falls which ultimately reduces the customer satisfaction towards the products delivered to them.

8 0
3 years ago
______ occurs when strong points are made at the end of a message and are considered most persuasive.
Y_Kistochka [10]

The recency effect happens when robust points are made on the quit of a message and are considered the most persuasive.

The definition of persuasive is a person or something with the energy to persuade. An instance of persuasion is a controversy that changes someone's mind. adjective.

Someone or something that is persuasive is likely to influence a person to consider or do a selected thing. What do you observe were a number of the extra persuasive arguments on the alternative side? I may be very persuasive once I need to be.

A person with persuasive character development is capable of persuading others to do, accept as true with, or buy things. How they do it varies widely and regularly depends on their average persona kind (A, B, C, and D in our tests). some persuasive human beings have confident, sturdy personalities that others have a tendency to go along with.

Learn more about persuasive here:

brainly.com/question/25726765

#SPJ4

5 0
1 year ago
Justice enterprises has current assets of $593 million and current liabilities of $316 million. what is their current ratio?
Inessa [10]
To solve this problem, first, we must know the formula to get the current ratio. 
                           Currents Assets
Current Ratio=  -------------------------
                           Current Liabilities

So in this problem the current assets and current liabilities are given which are the following:
   CA= $593,000,000
   CL= $316,000,000

Let's now solve  $593,000,000 / $316,000,000 = 1.88 

4 0
2 years ago
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