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castortr0y [4]
3 years ago
11

Do United States government sometimes has to interfere with economy. Why would the government initiate an antitrust suit against

a company
Business
1 answer:
FinnZ [79.3K]3 years ago
4 0

Answer: When there is a monopoly or fraud

Explanation:

An antitrust suit is described as when an individual or an organization files a lawsuit against an organization based on the kind of business practices it carries out. When the government recognises a business bringing up unfavorable means that could lead to monopoly the government could regulate the monopoly by carrying out a price capping, to ensure prices are not exaggerated for consumers more than they can afford. The government could further initiate an antitrust suit against the company for their actions.

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United Apparel has the following balances in its stockholders’ equity accounts on December 31, 2018: Treasury Stock, $650,000; C
ahrayia [7]

Answer:

United Apparel Balance sheet as of December 31, 2018

Stockholders’ Equity section

Common Stock Capital ............................................$400,000

Preferred Stock Capital.............................................$1,600,000

Additional Paid-in Capital..........................................<u>$6,800,000</u>

Total Paid-in Capital....................................................$8,800,000‬

Retained Earnings.......................................................$1,200,000

Less: Treasury Stock...................................................<u>($650,000)</u>

Total Stockholders Equity..........................................$9,350,000

4 0
3 years ago
Jim and Lisa are buying their first home together. The purchase price is $157,500.00 and they are putting a 20 percent down paym
Fantom [35]

Answer: D. $90,518.40

Explanation:

They are putting a 20% down payment on the home which means they are paying 80%;

= 80% * 157,500

= $126,000

First find the monthly payments;

Present value = Payment * ((1 - (1 + r)^-n) / r)

n= 20 * 12 = 240 months

r = 6/12 = 0.5%

126,000 = Payment * (( 1 - ( 1 + 0.5%)⁻²⁴⁰) / 0.5%)

126,000 = Payment * 139.58077168292915831291691663652‬

Payment = 126,000/139.58077168292915831291691663652‬

Payment = $902.70313

They'll pay that for 240 months;

= 902.70313 * 240

= $216,648.7512

Interest = 216,648.7512 - 126,000

= $90,648.7512‬

= $90,648.75

<em>Closest answer is D. </em>

3 0
3 years ago
Torrid Romance Publishers has total receivables of $2,800, which represents 20 days’ sales. Total assets are $73,000. The firm’s
Marizza181 [45]

Answer:

ROA=4.13

Asset turnover ratio = 0.70 times

Explanation:

1.Computation for ROA

Using this formula

ROA=Net income/Total assets

First step is to find Day's sales in receivables before calculating for the sales amount

Day's sales in receivables = Numbers of days in a year/Total receivables days sales

Let plug in the formula

Day's sales in receivables = 365 / 20

Day's sales in receivables = 18.25times

Now let find the Sales amount using this formula

Sales= Day's sales in receivables× Total receivables

Let plug in the formula

Sales = 18.25 times × $2,800

Sales=$51,100

Second step is to find the Net income

Using this formula

Net income =Percentage of Operating margin× Sales amount

Let plug in the formula

Net income=5.9%×$51,100

Net income =$3,014.90

Now let find the ROA using this formula

ROA=Net income/Total assets

Let plug in the formula

ROA=$3,014.90/$73,000

ROA=0.0413×100

ROA=4.13%

Therefore ROA will be 4.13%

2. Computation for asset turnover ratio

First step is to calculate for the Receivables turnover

Using this formula

Day's sales in receivables = Numbers of days in a year/Total receivables days sales

Let plug in the formula

Day's sales in receivables = 365 / 20

Day's sales in receivables = 18.25times

Second step is to find the Sales amount using this formula

Sales= Day's sales in receivables× Total receivables

Sales = 18.25 times × $2,800

Sales=$51,100

Now let calculate for the Asset turnover ratio using this formula

Asset turnover ratio = Sales / Total assets

Let plug in the formula

Asset turnover ratio= $51,100 / $73,000

Asset turnover ratio= 0.70 times

Therefore asset turnover ratio will be 0.70 times

3 0
3 years ago
Production 54,000 units 60,000 units Machine-hours 985 hours 1,800 hours Fixed overhead costs for September $53,400 $90,000 The
Juli2301 [7.4K]

Answer:

The fixed overhead production-volume variance is $9,000 U

Explanation:

In this question, we are tasked with calculating the fixed overhead production-volume variance.

We start by calculating the fixed overhead applied to production.

mathematically that is equal to : 54,000 * 0.03 * 50 = 81,000

The budgeted fixed overhead = 90,000

Mathematically,

Fixed overhead production-volume variance = Budgeted fixed overhead - fixed overhead applied to production = 90,000 - 81,000 = $9,000 U

6 0
3 years ago
Who is james monroe?
SIZIF [17.4K]
He is one of the presidents

7 0
3 years ago
Read 2 more answers
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