Answer:
(C) the fact that workers in a particular industry belong to a union.
Explanation:
All other options are considered as possible entry barriers because they may put hindrance for an entrepreneur to enter the field of producers . The fact that workers of a particular industry belong to a union because role of union comes only when industry starts functioning . It can not play any role at the start of an industry.
Jean told her stockbroker to purchase 300 shares of stock of company abc at $20 per share. The fee that the stockbroker charges for this service is called Commission. Hence, option D is correct.
<h3>Who is stockbroker?</h3>
Stockbroker is the person who execute the shares and invest in them on the behalf of their clients. Stockbroker has certain knowledge about the trading of shares, so using their ability of understanding the stock market.
Many of the stockbroker works for the firm or company and handle their customer's accounts and do tradings.
Thus, option D is correct.
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a. Dividend
b. Yield
c. Net Proceeds
d. Commission
Answer:
d. They do not change the quantity of goods bought or sold in the legal market.
Explanation:
A price refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered. The price of goods and services are primarily being set by the seller or service provider.
Price control can be defined as standard restrictions or regulatory conditions that are typically set and enforced by the government of a country.
This ultimately implies that, price controls are used to impose the minimum and maximum prices set by the government, which are to be charged for various goods and services in the market. This minimum price that can be charged such as minimum wage is known as price floor while the maximum price that can be charged such as rent control is known as price ceiling.
A nonbinding price ceiling can be defined as a price that do not have any effect on the price of goods or services in the market.
Hence, an accurate statement about the consequence of nonbinding price ceiling is that they do not change the quantity of goods bought or sold in the legal market.
Calculation of Cost of Goods Sold for Versaille company:
It is given that Versaille Company has the cost of goods manufactured $325,000, beginning finished goods inventory $150,000, and ending finished goods inventory $175,000. The Cost of Goods Sold can be calculated using the following formula;
Cost of Goods Sold = Cost of goods manufactured + beginning finished goods inventory - ending finished goods inventory
= 325,000+150,000-175,000
= $300,000
Hence, the cost of goods sold for Versaille company is <u>$300,000</u>
Answer:
3. the difference between the lease payments receivable and the fair value of the leased property.
Explanation:
The lessor should remove the book value of the asset from its balance sheets and replace it with the amount that he will receive. To do this, the lease receivable in a direct-financed lease is best defined as the differences between the receivable lease payments less the book value of the asset when it was sold.
