Answer:
D. in general, because consumers benefit from the lower prices and would lobby their elected officials to keep the price control.
Explanation:
Binding price floor is a favourable pricing condition for consumers imposed by government on sellers for this reason consumers will find all means to ensure the price remains the same.
Answer:
Current money obligation coverage is determined by partitioning net money gave by working exercises by the normal absolute liabilities.
It shows the amount of the organization's absolute liabilities can be secured (paid) with net money from working exercises. As it were, this proportion is one of the proportions of the organization's money related adaptability and steadiness.
In the given instance of Coca-Cola and Pepsi the Current money inclusion proportion of Pepsi is higher (34%) when contrasted with Coca-cola(28%). This implies Pepsi money age from its working activities is better when contrasted with its Average all out liabilities than Coca-Cola. This proportion shows that if Pepsi is producing money from activity to the sum it can pay 34% of its normal all out liabilities where as coca-cola can create 28% money from tasks to take care of normal complete liabilities. In the given money pepsi is better.
Money obligation proportion is a little deviation from Current obligation proportion as from the numerator "income from activities" , profit is subtracted and afterwards the equalization money is separated by the normal absolute liabilities.
For the Coco-cola and Pepsi case , this proportion is better for Coca-cola that implies Coca-cola delivers less profits when contrasted with Pepsi that is the reason the rate inclusion of Pepsi is diminished from 34% to 12%(22% decline) and Coca-cola decrease is just 13%.
Answer:
The business entity concept states that the transactions associated with a business must be separately recorded from those of its owners or other businesses. Doing so requires the use of separate accounting records for the organization that completely exclude the assets and liabilities of any other entity or the owner.
Answer:
Cost of goods sold= $410
Explanation:
Giving the following information:
November 1: 5 units for $20 each.
On November 2, they purchased 10 units at $22 each.
On November 6, they purchased 6 units at $25 each.
On November 8, they sold 18 units for $54 each.
The company uses LIFO (last in, first out) as an inventory method.
Cost of goods sold= 6units*25 + 10units* 22 + 2units* 20= $410
Answer:
1. c. sole partnership
2. d the owner
3. b a propietor
4. d form a limited liability company
5. d a partnership
6. c limited and general
7. b each general
8. a corporation
9. a the government
10. d legal protection
Explanation:
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