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Natasha_Volkova [10]
3 years ago
10

HELP ASAP PLZ!!!! Who would be most negatively affected if lower price limits were not in place? Explain your answer

Business
1 answer:
trasher [3.6K]3 years ago
5 0
The minimum wage payed employees would be the most negatively affected because if lower price limits weren’t there, the prices would drop drastically to win the customer’s purchase over other markets or businesses. The big bosses would be then forced to cut money out of their employees salary because of the low revenue in money.



I think that’s a great answer someone correct me if I’m wrong!
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Answer:

See explanation section

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What three factors influence the value of a country’s currency?
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Match each type of tariff with an example of its use.
Anna35 [415]

a. revenue tariff----------------a 6% tariff on oranges to provide money for the government.


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c. retaliatory tariff-----------a 200% tariff on oranges to reply to a high tariff imposed by another country.


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6 0
3 years ago
Wims, Inc., has current assets of $5,000, net fixed assets of $23,300, current liabilities of $4,450, and long-term debt of $11,
Novay_Z [31]

Answer:

a). $12,850  b.) 550

Explanation:

a). Shareholder equity

The shareholder equity consists of the shareholder capital contributions plus the retained earnings. calculating the shareholder's equity is through the formula shareholder equity = total assets -total liabilities

In this case,

Total assets = $5,000,+ $23,300= $28,300

Total liabilities = $4,450 + $11,000 + $15,450

Shareholder equity = $28,300 -$15,450 = $12,850

b). Net working capital

Net working capital is the difference between current assets and current liabilities. i.e., net working capital is current assets - current liabilities

current asset = $5000

Current liabilities = $ 4,450

Net working capital; = $5,000 - $4,450= $550

5 0
3 years ago
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