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Anettt [7]
3 years ago
12

What is one of the best known functions of The Consumer Product Safety Commission?

Business
1 answer:
Alik [6]3 years ago
8 0

Answer:

<u>product recalls</u>

Explanation:

Note, the Consumer Product Safety Commission is an agency that is concerned with consumer product safety in general regardless of whether they are food-related products or not.

Hence, <u>this agency among its stated primary objectives on its official website includes carrying out product recalls where necessary.</u>

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Closing entries are required: Multiple Choice If management has decided to cease operating the business. Only if the company adh
vodomira [7]

Answer: So that Revenue, expense, and dividends accounts must begin each period with zero balances

Explanation:

8 0
2 years ago
Saint Nick Enterprises has 17,500 shares of common stock outstanding at a price of $69 per share. The company has two bond issue
mihalych1998 [28]

Answer:

total weight of debt = 0.343 or 34.3%

Explanation:

stock's market value = 17,500 x $69 = $1,207,500

bond₁'s market value = $250,000 x 101.5% = $256,750

bond₂'s market value = $350,000 x 106.5% = $372,750

total market value of the firm = $1,837,000

weighted capital structure:

                                       market value            weight

stocks                             $1,207,500               0.657

bond₁                              $256,750                  0.140

bond₂                              $372,750                  0.203

total                                $1,837,000                 1

total weight of debt = 0.343 or 34.3%

8 0
2 years ago
In the simplified model with proportional taxation introduced at the end of chapter 5, there can be two equilibria, one with a h
Radda [10]

Answer:

answer is given below

Explanation:

Equilibria with high tax rate.

  • In the high balance tax system, taxes are already high. Make government spending and revenue sources mandatory. and Tax rates decrease.
  • The income effect leads to an increase in both consumption and leisure, but when the alternative effect is taken into account, higher costs lead to greater employment and greater consumption but leave the party on leave.
  • Tax base witnesses grow. Output increases but relaxation decreases.

Equilibria with low tax rate:

  • An increase in government spending leads to an increase in tax rates to increase income sources.
  • The increase in taxes leads to a decline in consumption and production.
  • Therefore, the amount of time spent at rest will increase.
3 0
3 years ago
What are some arguments in favor of raising the minimum wage? On the other hand, what are some arguments against raising the min
Ede4ka [16]

Answer:

Explanation:

The main argument in favor regarding increasing minimum wage is that a higher wage will result into an increase in the standard of living of the people. Furthermore, a rise in the minimum wage can help in lifting people out I poverty. Due to higher wages and salaries, workers will have more money to cater for their families and meet their needs. Lastly, an increase in the minimum wage means that the government can reduce its expenditures on helping the low income earners and can therefore invest the money in other critical sectors of the economy.

The arguments against raising the minimum wage is that it can lead to inflation. Inflation in the rise in the price for goods and services. When there's an increase in minimum wage, sellers may increase the price of goods as there'll be more money to spend by households. Also, it can lead to losses of jobs as employersay have to cut down cost on order to be able to increase the wages of some workers and thereby may result in some workers being laid off.

Minimum wages lead to the reduction in the entry-level jobs that are available, and reduces the change of entry level graduates to get training, and lifetime income. According to Economists, minimum wages will result into decrease in the employment opportunities that are available for the youths and thereby create unemployment. Potential employees will miss out on the training that should have been done at the initial stage one is entering an organization.

3 0
3 years ago
How Big Bazaar retail store would retain it's business in today's competitive world among retail firms?​
seropon [69]

Answer:

The assignment is based on' the effective marketing strategy which influences customer to purchase a product of Big Bazaar' helps to understand the effect of marketing strategy which is responsible for attracting customer towards big bazaar.

The research was carried out as per the steps of Marketing Research. The well supportive objectives were set for the study. To meet the objectives primary research was undertaken. The data collection approach adopted was experimental research.

6 0
2 years ago
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