1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Goryan [66]
3 years ago
11

ECONOMICS PLEASE HELP TIMED!!!

Business
1 answer:
maxonik [38]3 years ago
3 0

Answer:

A price Floor

Explanation:

The minimum wage is a price floor. The minimum wage is a price below which you cannot sell labor, and the suppliers of labor exceed the buyers of labor.

You might be interested in
Why does the credit card company set the minimum payment so low
Illusion [34]

Answer:

To increase profit from interests by increasing duration of balance repayment.

Explanation:

The purpose of every business is to make profits and the reason why every credit card company includes a minimum payment is not just to make it easier to pay but by only making minimum payments, credit card holders could be kept as customers and paying interests on debt for longer.

Secondly, the more the periods the more likely you'll default on some of them and pay penalty fees which means additional income for the companies

5 0
3 years ago
The more conservative a firm's management is, the higher its total debt to total capital ratio [measured as (Short-term debt Lon
PtichkaEL [24]

Answer:

False

Explanation:

The conservative approach is that the firm has greater level of working capital investment than the competitor or industry average. So to fund the higher level of working capital the company has a set of policy and targets related to the level of debt level which means the company will not be willing to borrow further money if their borrowing exceeds the set limit or benchmark. They might use the equity instruments (Preferred stock or Common equity) to fund the higher level of working capital.

So their no absolute argument whether the denominator will increase or the nominator will increase in the Total debt to capital ratio. Hence the statement is false.

8 0
3 years ago
15pts-- multiple choice!
katrin2010 [14]
Answer: bonds
Explanation: will allow for a risk free option and to gain money from a little bit of time and money
(not 100% sure on answer but I believe it is bonds)
6 0
3 years ago
On April 1, a company paid the $1,350 premium on a three-year insurance policy with benefits beginning on that date. What amount
inn [45]

Answer:

$337.50

Explanation:

the premium on a three year policy = $1,350

premium per year = $1,350 / 3 = $450

premium per month = $450 / 12 = $37.50

Since the premium covered April to December, 9 months of insurance expense are accrued.

insurance expense for 9 months = $37.50 x 9 = $337.50

The journal entries should be:

April 1, purchase a 3 year insurance policy:

Dr Prepaid insurance 1,350

    Cr Cash 1,350

December 31, accrued insurance expense:

Dr Insurance expense 337.50

    Cr Prepaid insurance 337.50

8 0
3 years ago
What is Febuary 14th >?
docker41 [41]

Answer: valentines day.

Explanation: hope this helps

3 0
2 years ago
Read 2 more answers
Other questions:
  • During 2019, John was the chief executive officer and a shareholder of Maze, Inc. He owned 60% of the outstanding stock of Maze.
    11·1 answer
  • Sarah is a financial planner and wants to sell fixed-income investments. Which license does she need to procure?
    5·2 answers
  • When a government creates a budget, it is seeking a way to spend as much revenue as possible. cut spending to a bare minimum. re
    15·2 answers
  • N 2011, brazil had a gdp of $2.3 trillion and a per capita gdp of $11,800. a fifth of the population lived below the poverty lin
    9·1 answer
  • You work for an accounting firm, and your supervisor is interested in learning more about the proposed tax reforms in your state
    14·1 answer
  • The development costs were incurred after technological and commercial feasibility was established and after the future economic
    12·1 answer
  • Zach is on trial for breaking and entering, a crime. Zach wants to argue that he is not guilty because he did not "break" open t
    14·1 answer
  • Clothing retailer Lululemon often has displays in their front window that try to raise awareness on specific issues such as the
    14·1 answer
  • Last year Kruse Corp had $410,000 of assets (which is equal to its total invested capital), $403,000 of sales, $28,250 of net in
    6·1 answer
  • Employers are concerned with the changing demographics of mothers in the workforce because: Multiple select question. the number
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!