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svetoff [14.1K]
4 years ago
14

What did congress do to protect consumers from monopolies, false advertising, and dishonest labeling? it established the america

n federation of labor. it created the federal reserve board. it established a graduated income tax. it created the federal trade commission?
Business
2 answers:
alexandr1967 [171]4 years ago
4 0
<span>In order to protect consumers from unfair business practices such as false advertising, dishonest labeling and monopolies, the federal government created the Federal Trade Commission to establish and enforce regulations protecting consumers from unfair and dishonest sales practices.</span>
Romashka [77]4 years ago
3 0

Congress created the federal trade commission. In 1914 congress created federal trade which to this day it monitors business practices and guards against monopolies, false advertising, and dishonest labeling.

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Using the Basic Accounting Equation Floyd Company had beginning-of-the-year total assets of $320,000 and total liabilities of $1
KonstantinChe [14]

Answer:

A) If during the year total assets increased by $15,000 and total liabilities increased by $40,000 What is the end-of-year total stockholders’ equity?       $115,000

B) If during the year total assets increased by $60,000 and total liabilities decreased by $5,000, what is the end-of-year total stockholders’ equity?      $205,000

C) If during the year total liabilities increased by $40,000 and total stockholders’ equity increased by $35,000, what are the end-of-year total assets?      

$395,000

Explanation:

ANSWER A)

Assets START END

TOTAL ASSETS  $320,000 $335,000

TOTAL LIABILITIES  $180,000 $220,000

TOTAL EQUITY  $140,000 $115,000

TOTAL EQUITY & LIABILITIES  $320,000 $335,000

ANSWER B)

TOTAL ASSETS  $320,000 $380,000

TOTAL LIABILITIES  $180,000 $175,000

TOTAL EQUITY  $140,000 $205,000

TOTAL EQUITY & LIABILITIES  $320,000 $380,000

ANSWER C)

TOTAL ASSETS  $320,000 $395,000

TOTAL LIABILITIES  $180,000 $220,000

TOTAL EQUITY  $140,000 $175,000

TOTAL EQUITY & LIABILITIES  $320,000 $395,000

4 0
3 years ago
During the current year, the following manufacturing activity took place for a company's products. The beginning work–in–process
yarga [219]

Answer:

During the current year, the following manufacturing activity took place for a company's products. The beginning work–in–process, 70% complete, was comprised of 10,000 units. Units started into production during the year totaled 150,000 units. A total of 140,000 units were completed during the year. The ending work–in–process, 25% complete, was comprised of 20,000 units. What was the number of equivalent units using the first–in, first–out method?

8 0
3 years ago
The jewels that a jewelry maker uses for his necklaces are becoming harder to find. Because of this he has to raise the price of
Alja [10]
The answer is d is production cost 

4 0
3 years ago
Mauro Products distributes a single product, a woven basket whose selling price is $12 per unit and whose variable expense is $1
brilliants [131]

Answer:

  1. 1200 BEPunits
  2. $14,400 BEP dollars
  3. second scenario
  •      1200 BEPunits
  • $14,400 BEP dollars

Explanation:

\frac{Fixed Cost}{contribution margin}  = BEPunits

contribution margin = Sales - Variable Cost

12 - 10 = 2 contribution margin

fixed expenses = 2,400

BEP = 2,400/2 = 1,200 units

<u>Resuming: </u>each unit contributes with $2 dollars therefore it needs to sale  1,200 untis to pay the fixed cost.

units x sales price = sales revenue

1,200 x 12 =  14,400 BEP in Dollars

Also it is posible to get this by using contribution margin ratio

in the BEP formula:

\frac{Fixed Cost}{Contribution Margin Ratio} = BEPdollars

contribution margin/sales price = 2/12 = 1/6

fixed cost /contribution margin ratio = 2,400/(1/6) = 14,400

Scenario were fixed cost increase:

increase in fixed/contribution margin + previous BEP = BEPunits

increase in fixed/contribution margin ratio + previous BEP = BEPdollars

600 fixed cost /contribution margin = 600/2 = 300 more units to our prevous 1,200 total of 1,500

600 fixed cost /contribution margin ratio = 600/(1/6) = $3,600 more sales revenue to our prevous 14,400 total of 18,000

3 0
3 years ago
Peanuts and soy products are two possible food items that can be dangerous for people with
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 very dangerous nut allergies
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