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kirza4 [7]
2 years ago
15

Each day, you are faced with choices. You have to decide how to use your resources. For example, should you use some of your all

owance money to buy new clothes? Or should you save your money toward buying a computer? There are costs and benefits for each decision. Governments are also faced with decisions, such as whether or not to use price controls. You already know about the costs and benefits of a specific price control called rent control. In this project, you will assess rent control while playing the role of a minimum wage earner.

Business
1 answer:
Dmitry_Shevchenko [17]2 years ago
7 0
Hello  <span>Gabbypittman20!

Answer:
This answer is very tricky...but at least you have a teacher to help you.
</span><span>The answer to this question would buy new clothes before buying a computer. 
Explanation:
See, this is a Need or want question. You NEED clothes but you WANT a computer. Get it? contact me for more information.

FLVS teacher,
~Sarah Bunkly

</span>

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In recent decades, the average level of skills and training possessed by immigrant workers has: A. increased. B. decreased. C. r
Gwar [14]
The average level has increased A
5 0
2 years ago
On January 1, 2018, Red Flash Photography had the following balances: Cash, $21,000; Supplies, $8,900; Land, $69,000; Deferred R
Nutka1998 [239]

Answer:

See explanation

Explanation:

Red Flash Photography

Journal Entries

1. Debit     Cash                 $29,000

Credit       Common Stock               $29,000

(issuing common stock for cash that will increase the cash)

2. Debit    Cash                               $44,000

   Debit    Accounts Receivable    $39,000

 Credit           Service Revenue                   $83,000

(Provided services on account and cash)

3. Debit    Salaries expense            $32,000

Credit               Cash                                     $32,000

(Paid salaries to workers)

4. Debit    Prepaid Rent                   $21,000

Credit               Cash                                     $21,000

(Paid rent in advance for cash)

5. Debit    Supplies                          $31,000

Credit                  Accounts payable            $31,000

(Purchase supplies on account means liability will increase)

6. Debit    Dividends                        $2,900

Credit                   Cash                                 $2,900

(Paid cash dividends to the shareholders)

7 0
3 years ago
The next dividend payment by Savitz, Inc., will be $2.34 per share. The dividends are anticipated to maintain a growth rate of 4
STALIN [3.7K]

Answer:

a. 10.8%

b. 6.32%

c. 4.5%

Explanation:

a. Required return= (Expected dividend payment/current stock price) + dividend growth rate

Required return= (2.34/37)+0.045

Required return= 0.108  ⇒ 10.8%

b. Dividend yield= dividend per share / price per share

Dividend yield= 2.34/37= 0.0632 ⇒ 6.32%

c. The capital gains yield refers to the rise in the price of the stock. In this case, the statement indicates that the dividends are anticipated to maintain a growth rate of 4.5 percent forever and according to the definition of capital gains yield that would be the answer for the expected capital gains yield.

3 0
3 years ago
Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
yarga [219]

Answer:

$10,700

Explanation:

The unit product cost = $15 + $57 + $3 = $75

Sale revenue = $100 × 8,400 = $840,000

Less :Variable cost

Variable cost of goods sold = 8,400 × $75 = $630,000

Variable selling and administrative = 8,400 × $7 = $58,800

Contribution margin = $151,200

Fixed manufacturing overhead = $132,000

Fixed selling and administrative expenses = $8,500

Net operating income = $10,700

4 0
3 years ago
Which is not one of the financial costs of a recall? communication costs marketing costs legal costs engineering costs?
Masja [62]
<span>Marketing costs are not a financial cost of a recall. Marketing involves the process of getting offerings out to consumers who would likely purchase the item (or whom the company would like to purchase the item). Here, with a recall, the company is not attempting to sell anything new, but rather, they are attempting to fix a manufacturing defect.</span>
6 0
3 years ago
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