Answer: $324,000
Explanation:
Cedar Corp. paid $432,000 for a year in advance. According to the Accrual principle in Accounting, expenses are to be recorded only when incurred.
The rent will therefore have to be apportioned to the months that it has paid for in the current period.
Rent for year = $432,000
Rent for month = 432,000/12 = $36,000
April - December = 9 months
Rent for the year = 9 * 36,000
= $324,000
Note; <em>Question is about Rent expense which is how much Cedar Corp has paid not about how much they have received. </em>
Answer:
A. Set above equilibrium price
Explanation:
A price ceiling is a mandatory maximum price that a seller is allowed to charge. Generally, a government may impose this in order to protect consumers, especially with regards to the purchase of essential goods.
If the price ceiling was set below the equilibrium price (option c) or if the equilibrium price is above the price ceiling (option b), it will immediately cause a shortage (option d) since the quantity demanded would be higher than the quantity supplied when the price falls. This is because people will be willing to purchase more since it is cheaper but suppliers will be willing to produce less due to lower profits. Hence, options b, c and d are eliminated.
Option A is correct because... (please refer attached diagram):
When the price ceiling is above the equilibrium price, suppliers are willing to supply more since they can make higher profits but consumers will reduce purchasing since it is expensive. However, it does not cause any immediate effect because it takes time for suppliers to be able to produce more and cannot be done immediately unless anticipated in advance. In the long run however, quantity demanded will fall from equilibrium quantity to D1 and quantity supplied will rise from equilibrium quantity to S1. Hence, causing a surplus between D1 - S1 in the long run.
Answer:
C. price stability
Explanation:
The Fed fosters price stability by regulating inflation in the economy. By attaining price stability, the Fed achieves its objectives of maximum sustainable growth and low level of unemployment. The Fed uses monetary tools such as the fed fund rate and the discount rate to control inflation and by extension prices.
A high rate of inflation implies the prices of goods and services is rising. At inflation, the purchasing power of a currency is eroded. The aggregate demand, therefore, decreases, which results in production cuts. The Fed controls inflation to maintain a stable currency value. Unstable prices bring uncertainty in the markets. Producers may hold back due to the high risk involved in producing with fluctuating prices.
Answer:
CPI washinton 100
CPI Austin 45
or
CPI Washinton 222
CPI Austin 100
Explanation:
We need a CPI that equalise the salary of 200,000 in Washington DC and the 90,000 in Austin Texas
if Washinton DC is the base, and their CPI is 100
how much does the CPI of Austin needs to be to make 200,000 in Washinton equal to 90,000 in Austin?
90,000/200,000 x 100 = CPI
CPI = 45
A CPI of 100 in Washinton
and a CPI of 45 in Austion make the two salaries have the same purchasing power.
If we use Austin as a base:
100/45 x 100 = 222.22222
Then the CPI for Austin is 100
and the CPI for Washinton 222
The solution is conciliation, a method of conflict resolution that Joshua is using. It entails the provision of a third party who will act as a judge or someone who will play the role of someone who will try to solve and resolve the conflict of both parties.
<h3>What is conciliation?</h3>
Conciliation is a form of alternative dispute resolution (ADR), in which the disputing parties hire a conciliator to mediate their disputes. They achieve this through easing tensions, enhancing communications, deciphering problems, enticing parties to consider viable solutions, and supporting parties in reaching a consensus.
Both individually and collectively, the parties meet with the conciliator.
Conciliation is different from arbitration in that there is no legal standing for the conciliation process in and of itself, and the conciliator typically has no power to request evidence or call witnesses, write a decision, or issue an award.
To learn more about conciliation from the given link:
brainly.com/question/28139060
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