1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sweet [91]
2 years ago
6

A government intervenes in the marketplace when it believes that the benefits are _____ the costs. greater than less than the sa

me as
Business
1 answer:
Pavlova-9 [17]2 years ago
7 0

I believe the answer is: Greater

For example, let's say that there is a company that make vehicles with no pollutant for the environment.

The government in this situation might provide the company with incentives with the reason that the amount of incentive is smaller compared to the amount of expense that the government had to spend to fix the damage to the environment.

You might be interested in
What happens to price when the cost of resources rise and falls
JulijaS [17]
In any business, when the cost of resources rise, the price of buying the commodity will also be high, this is because when it cost you much to produce a commodity, you will end up charging a higher price when selling it. Failure to do so may lead to making loses. The opposite is also true, when the cost of resources fall, the pricing will also be less.
6 0
3 years ago
Lotoya Davis Corporation has 10 million shares o common stock issued and outstanding. On June 1, the board of directors voted an
Viktor [21]

Answer:

June 1st:

Retained Earnings (Dr.)                 $8,000,000

Dividends Payable (Cr.)                $8,000,000

June 30th

Dividends Payable (Dr.)               $8,000,000

Cash (Cr.)                                      $8,000,000

These entries will remain same even in the case of liquidating dividend.

Explanation:

On June 1st the dividend is declared so the journal entry will be

Retained Earnings (Dr.)                 $8,000,000

Dividends Payable (Cr.)                $8,000,000

There will be no journal entry on June 14th.

On June 30th the dividend is paid:

Dividends Payable (Dr.)               $8,000,000

Cash (Cr.)                                      $8,000,000

The entry would not have differed if it was a liquidating dividend.

5 0
3 years ago
Ethan considered three important attributes when deciding where he would do his banking: the convenience of the location, hours
sineoko [7]

Answer:

<em>c. evaluative criteria </em>

Explanation:

Evaluative criteria are <em>when a consumer chooses a different product because of factors like value, cost, and functionality from the one they initially had in mind. </em>

It could take a little while for certain consumers to study and explore different goods before they purchase.

While some, just before they purchase, can make the decision automatically.

4 0
3 years ago
Michael's, Inc., just paid $1.90 to its shareholders as the annual dividend. Simultaneously, the company announced that future d
sergij07 [2.7K]

Answer:

$44.18

Explanation:

The price can be easily calculated by the simple formula,

Price of stock = Dividend / (rate of return - growth of dividend)

Hence,

Price of stock = 1.90 / (0.085 - 0.042)

Price of stock = $44.18.

Hope you understand this simple equation

Thanks buddy.

6 0
3 years ago
EB5.
rusak2 [61]

Answer:

1. Break-even in units is 6,000 units

2. Break-even in dollars is $720,000

3. Contribution Income Statement for 10,000 units

Sales revenue (10,000 x 120)    $1,200,000

Variable cost   (10,000 x 90)       <u> (900,000)</u>

Contribution margin                    $300,000

Fixed cost                                     <u> (180,000)</u>

Profit                                              $120,000

4. Units to sell is 16,000

5. Dollars sale is $1,920,000

6. Contribution Income Statement for $2,400,000 sales revenue

Sales revenue (20,000 x 120)    $2,400,000

Variable cost   (120,000 x 90)     <u> (1,800,000)</u>

Contribution margin                       $600,000

Fixed cost                                       <u> (180,000)</u>

Profit                                              $420,000

Explanation:

1. To compute the Break-even point in units,

Formula is BEP = total fixed cost / unit contribution margin

 <em>Step 1. Compute the unit contribution margin</em>

Unit selling price              $120

Less : variable cost             <u> 90</u>

Unit contribution margin   $30

  <em>Step 2. compute the unit break-even in units using the formula.</em>

BEP = total fixed cost / unit contribution margin

BEP = $180,000 / 30

BEP = 6,000 units

2. To compute the Break-even point in dollars,

Formula is BES = total fixed cost / contribution margin ratio

 <em>Step 1. Compute the contribution margin ratio</em>

Unit selling price              $120

Less : variable cost             <u> 90</u>

Unit contribution margin   $30

So, $30 divided by $120 equals 25% (CMR)

  <em>Step 2. compute the unit break-even in dollars using the formula.</em>

BEP = total fixed cost / contribution margin ratio

BEP = $180,000 / 25%

BEP = $720,000

3. To prepare the contribution margin income statement, we will multiply the units sold of 10,000 units by $120 to get the sales revenue. Then multiply 10,000 units by $90 to get the variable cost. Further illustration below;

Sales revenue (10,000 x 120)    $1,200,000

Variable cost   (10,000 x 90)       <u> (900,000)</u>

Contribution margin                    $300,000

Fixed cost                                     <u> (180,000)</u>

Profit                                              $120,000

4. To compute the units to sell to realize the target profit we will use the formula:

(Total fixed cost +  Target profit )/ unit contribution margin

 <em>Step 1. Compute the unit contribution margin</em>

Unit selling price              $120

Less : variable cost             <u> 90</u>

Unit contribution margin   $30

  <em>Step 2. compute the units to sell using the formula.</em>

(Total fixed cost + target profit) / unit contribution margin

($180,000  + $300,000) / 30

Answer is 16,000 units

5. To compute the sales in dollars to realize the target profit of $300,000,

Formula is (Total fixed cost + target profit) / contribution margin ratio

 <em>Step 1. Compute the contribution margin ratio</em>

Unit selling price              $120

Less : variable cost             <u> 90</u>

Unit contribution margin   $30

So, $30 divided by $120 equals 25% (CMR)

  <em>Step 2. compute the target sales in dollars using the formula.</em>

(Total fixed cost + target profit) / contribution margin ratio

($180,000 + $300,000) / 25%

$480,000 / 25%

Answer is $1,920,000

6. Contribution Income Statement for $2,400,000 sales revenue. FIRST we must determine how many unit are sold to have that sales revenue. $2,400,000 sales revenue divided by unit selling price equals 20,000 units. To further illustrate, see presentation below.

$2,400,000 / $120 = 20,000 units

Sales revenue (20,000 x 120)    $2,400,000

Variable cost   (120,000 x 90)     <u> (1,800,000)</u>

Contribution margin                       $600,000

Fixed cost                                       <u> (180,000)</u>

Profit                                              $420,000

4 0
3 years ago
Other questions:
  • Seth and Rachel have original investments of $50,000 and $100,000, respectively, in a partnership. The articles of partnership i
    13·1 answer
  • Hyun's Handicrafts is a company that provides custom linens for both businesses and individual consumers. Hyun does not make any
    6·1 answer
  • What are the elements of the circular relationship in managing a sales call?
    10·1 answer
  • A​ firm's market offering might include a range of options from​ ________ such as gasoline or toasters at one end to​ ________ s
    12·1 answer
  • Entrepreneurs' intentions are based on their perception of feasibility rather than someone else's impression of whether it is fe
    13·1 answer
  • What is 40 divided by 31
    8·2 answers
  • Briefly describe at least one additional test you could perform to gain evidence as to whether or not the cash account is materi
    5·1 answer
  • Which scenario describes the highest level of productivity?
    5·2 answers
  • Although ZipCar has some routine operating tasks, its rules and regulations are, for the most part, not strict. ZipCar's decisio
    6·1 answer
  • The contribution margin ratio for Product Beautiful was 40%, its sales were $140,000, and its segment margin was $47,000. Q) If
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!