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gogolik [260]
2 years ago
5

The packaging and labeling of certain consumer goods are regulated by the

Business
1 answer:
Alex2 years ago
5 0

Answer:

B. Federal Trade Commission.

Explanation:

The packaging and labeling of certain consumer goods are regulated by the "Federal Trade Commission."

Federal Trade Commission was created by the then President of the United States, Woodrow Wilson, in 1914. It is an independent agency responsible for labeling or marking all products, including marketing and environmental claims. It also functions by regulating and preventing anticompetitive business practices.

Hence, in this case, the correct answer is "Federal Trade Commission."

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A merchant purchased a jacket for $60 and then determined a selling price that equaled the purchase price of the jacket plus a m
JulsSmile [24]

Answer:

Gross profit will be $4

Explanation:

We have given that merchant purchased a jacket for $60

So purchased price = $60

Let the markup price is x

Now according to question selling price = x+60

Now it is given that marked up price is 25 % of the selling price

So x=(x+60)\times \frac{25}{100}

X = 20

So selling price = 60+20 =80

Now there is discount of 20%

So price after discount = 80-\frac{80\times 20}{100}=$64

So gross profit = $64 -$60 = 4

7 0
3 years ago
The expected return on the market portfolio is 18%. The risk-free rate is 10%. The expected return on SDA Corp. common stock is
svlad2 [7]

Answer:

The answer is SDA Corp stocks alpha is -1.75%

Explanation:

CAPM E(r_{SDA}) = 10 + 1.25(17 - 10) =

                         = 10 + 1.25(7)=

                         = 10 + 8.75

                          = 18.75%

\alpha_Sda = 17 - 18.75

         = -1.75%

8 0
3 years ago
Which of the following is a barrier to entry? rev: 05_15_2018 Multiple Choice
ella [17]

Answer:

A) Infrastructure costs

Explanation:

Small companies are usually not able to compete with large firms due to the Infrastructure weakness.

5 0
3 years ago
Impact of unemployment on communities
inysia [295]
A massive wipe of poverty and starvation.
3 0
3 years ago
AJ Manufacturing Company incurred $50,000 of fixed product cost and $40,000 of variable product cost during its first year of op
NARA [144]

Answer:

AJ Manufacturing Company

Multi-Step Income Statement

For the year ended xx xx, xxxx

Revenue

Sales                                                                         $160,000

Cost of Goods Sold

Variable Product cost                               $40,000

Fixed Product cost                                    <u>$50,000</u>

                                                                                 <u>$90,000</u>

Gross Income / Income                                           $70,000

Less: Operating Expenses

Variable Selling & Administrative costs  $13,000

Fixed Selling & Administrative costs       <u>$16,000 </u>

                                                                                 <u>$29,000</u>

Net Profit / Income                                                  <u>$41,000</u>

Explanation:

GAAP require two types of the income statements

  1. Single-Step Income Statement
  2. Multi-Step Income Statement

In single step income statement all revenue are calculated  and all expense are deducted from revenue to calculate net profit.

In multi-step the expenses are classified in the product / manufacturing expense and operating expenses. First manufacturing expenses are deducted from the net revenue to calculate the gross profit and then operating expense are deducted to calculate operating / net profit / income.

7 0
2 years ago
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