What is the difference between a price ceiling
What is the difference between a price ceiling and a price floor? If a price ceiling is set below the market equilibrium, what will happen to the quality and future availability of the good? Discuss.
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The business' total revenues for 2012 were $480,000, and total expenses for the year were 350,000. How much was the business's net income (or net loss) for 2012?
The financial statements for Wesley Corp. included the following selected financial information from the stockholders' equity section of the balance sheet at the end of YEAR 1.
Which is the following is a characteristic of current liability? A. A current liability is a liability due within 30 days B. A current liability is a liability that is due within 10 days C. A current liability is a liability that is due in longer
The Groovy Movie Chains has invested in a snack bar for its store, where individual pizzas would be prepared and sold. The investment cost the company $45,000.
The Fairway Restaurant chain had a 12% return on a $60,000 investment in new ovens. The investment resulted in increased sales and an increase in income that was 4% of the increase in sales. The increase in sales was how much?
Scott Company made a $100,000 investment in new machinery. Assuming the company's margin is 4%, what income will be earned if the investment generates $300,000 in additional sales?
Paul Company has an investment in assets of $900,000, income that is 10% of sales, and an ROI of 18%. From this information the amount of income would be what?
Klumm Company sells the fishing lures for $25. During 2011, the company sold 80,000 lures and produced 95,000 lures.
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