Answer:
The answer is A. the price offered by producers must be at or below the ceiling price
Explanation:
A price ceiling is a limit on how high the price of product or service can be. Governments use price ceilings to protect consumers from the overbearing of producers. For example, let's say the price of rice in the market in going up daily as a result of scarcity. Government can set the price ceiling to be $20 per bag. This means that the price by bag must never go beyond $20. Producers can set their price to be at $20 or below $20 but must never go above the price ceiling ($20)
Answer:
c. her pounding heart when she heard she was being laid off
Explanation:
Since in the question it is mentioned that Veronica was working with Zenex industries since 8 months and she wants to talk for the promotion but she was laid off because of downsizing of the company so here the non-conditional response example is that her heart was pounding when she heard the news of laid off
Therefore the correct option is c.
Answer:
$8,000
Explanation:
The computation of the depreciation per units or bolts under the units-of-production method is shown below:
= (Original cost - residual value) ÷ (estimated production units)
= ($33,000 - $3,000) ÷ (60,000 units)
= ($30,000) ÷ (60,000 units)
= $0.5 per unit
Now for the 2015 year, it would be
= Production units in second year × depreciation per bolts
= 16,000 units × 0.5
= $8,000
Answer:
Explanation:
The adjusting entry to record the credit losses is shown below:
Bad debt expense A/c Dr $45,000
To Allowance for doubtful debts $45,000
(Being bad debt is recorded)
The credit loss computation is shown below:
= Credit sales × estimated percentage
= $900,000 × 5%
= $45,000
For recording this transaction, we debited the expense account and credited the contra asset account.
It can be caused by an earthquake or volcano but then you can add 5
