Federal Trade Commission (FTC) regulations require that used car buyers be informed of whether or not the vehicle comes with a warranty.
<h3>What is the Federal Trade Commission </h3>
The Federal trade commission is a body that is saddled with the responsibility of enforceing federal consumer protection laws which are aimed at preventing fraud, deception and unfair business practices.
The Commission also prevents federal antitrust laws that guides against anticompetitive mergers and other business practices that could result in higher prices, fewer choices, or less innovation.
Learn more about the FTC at brainly.com/question/2376957
Answer:
9.98%
Explanation:
Yield to maturity is the annual rate of return that an investor receives if a bond bond is held until the maturity. It is a long term return which is expressed in annual term.
As per given data
Annual Payment = $500
Current price = $5,012
$500 payment each year for indefinite period of time is a perpetuity, value of perpetuity can be calculated as follow
Current Price = Annual Payment / Yield to maturity
Yield to maturity = Annual Payment / Current Price
Yield to maturity = ( Annual payment / Current price ) x 100
Yield to maturity = ( $500 / $5,012 ) x 100
Yield to maturity = 0.0998 x 100
Yield to maturity = 9.98%
GIVEN -> Voltage in circuit = 12 V
Current in circuit = 2 A
To find resistance we will use the well known equation or Ohms Law equation,
which is; V = IR
hence R = V/I
R = (12 V) / 2 A
R = 6 ohm
therefore, ideally the resistance in the circuit would be equal to 6 ohms.
Answer:
$750
Explanation:
Calculation to determine what the amount of supplies expense reported on the Year 2 income statement is:
Using this formula
Supplies expense=Balance in Supplies account
+Cash paid to purchase supplies)-Supplies on hand
Let plug in the formula
Supplies total amount =($200 + $600) -$50
Supplies total amount=$800-$50
Supplies total amount=$750
Therefore the amount of supplies expense reported on the Year 2 income statement is:$750.
Answer:
C) $80,000
Explanation:
Since Rose uses the LIFO method for determining COGS, the 10,000 units sold should be recorded at $7.90 (purchase price 1/5).
10,000 units still remain in inventory (8,000 beginning + 2,000 last purchase). Using the LIFO costing method the inventory unit cost should be [(8,000 x $8.20) + (2,000 x $7.90)] / 10,000 = $8.14 per unit
If the replacement cost is $8 per unit, and Rose decides to use lower-of-cost-or-market rule, then she should use the lowest cost which is the replacement cost ($8 < $8.14).
So the ending inventory's total cost is $8 per unit x 10,000 units = $80,000