Answers
Answer:
Both are correct in part. Rent controls will be better for the students who are able to find housing at the reduced price but worse for students as a whole because there will be a shortage of rental housing, a lower future supply, and the quality will deteriorate.
Explanation:
Rent control involves use of price regimes such as price floor and price ceiling to control the cost of rent by the government.
Price ceiling is the maximum price allowed for rent while price floor is the minimum amount a property is allowed to be rented out.
The aim of rent control is to make housing cost cheap for everyone.
So both Stuart and Maria are correct. Rent control will make housing affordable for the students.
However when unfavourable rent ceiling is imposed by government, suppliers always aim to make profit and will refuse to give property out for rent. Resulting in shortage of rental housing, a lower future supply, and the quality will deteriorate.
Related Questions
Item9 2 points Time Remaining 2 hours 55 minutes 49 seconds02:55:49 eBookItem 9Item 9 2 points Time Remaining 2 hours 55 minutes 49 seconds02:55:49 TB MC Qu. 6-143 Keyser Corporation, which has... Keyser Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 118 Units in beginning inventory 400 Units produced 2,100 Units sold 2,300 Units in ending inventory 200 Variable costs per unit: Direct materials $ 37 Direct labor $ 23 Variable manufacturing overhead $ 3 Variable selling and administrative expense $ 5 Fixed costs: Fixed manufacturing overhead $ 73,500 Fixed selling and administrative expense $ 29,900 The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month. What is the net operating income for the month under variable costing?
Answers
Answer:
Results are below.
Explanation:
Giving the following information:
Selling price $118
Units sold 2,300
Variable costs per unit:
Direct materials $37
Direct labor $23
Variable manufacturing overhead $3
Variable selling and administrative expense $5
First, we need to determine the total unitary variable cost:
Unitary variable cost= 37 + 23 + 3 + 5=$68
Variable cost income statement:
Sales= 2,300*118= 271,400
Total variable cost= 68*2,300= (156,400)
Total contribution margin= 115,000
Fixed manufacturing overhead= (73,500)
Fixed selling and administrative expense= (29,900)
Net operating income= 11,600
2. Adama Garment which is operating in Adama currently has opened four new stores in Ethiopia. Data on monthly sales volume and labor hours are given below for each town. Which store location has the highest labor productivity?
Store
Bale-robe
Hawassa
Nekemt
Dahirdar
Sales volume
12000birr
60000birr
40000birr
25000birr
Labor hours
60
500
250
200
3. Adama Garment accountant (from Problem 2) suggests that monthly rent and hourly wage rate also be factored into the productivity calculations.
Hawassa pays the highest average wage at birr 6.75 an hour. Bale-Robe pays birr
6.50 an hour, Nekemte birr 6, and Bahirdar birr 5.50. The cost to rent store space
is birr 2000 a month in Hawassa, birr 800 a month in Nekemte, birr 1200 a month
in Bale-Robe, and birr 1500 a month in Bahirdar.
Which store is most productive?
Adama garment general manager is not sure it can keep all four stores open. Based on multifactor productivity, which store would you close? What other factors should be considered?
Answers
Adama Garment's Bale-robe store has the highest labor productivity. It generates 200 birr per labor hour, followed by Hawassa (40 birr/hour), Nekemt (16 birr/hour), and Dahirdar (12.5 birr/hour).
How to solveTo calculate labor productivity, we divide the monthly sales volume by the labor hours. Bale-robe has the highest labor productivity because it generates the most sales per labor hour.
Here is the table showing the labor productivity of each store:
Store Sales volume (birr) Labor hours Labor productivity (birr/hour)
Bale-robe 12,000 60 200
Hawassa 60,000 500 40
Nekemt 40,000 250 16
Dahirdar 25,000 200 12.5
Read more about labor productivity here:
https://brainly.com/question/6430277
#SPJ1
3. Why do you think people have so many problems making choices?
Answers
Answer: Most of the time it can be due to lack of sincerity and they don’t really know if that choice Will affect them in a way they might not like. It doesn’t always necessarily mean they have many problems making choices, but it can be that they have too much to risk to they take their time in picking a choice. It’s better to let the person have time so that way they don’t feel rushed, because at the end of the day the choice they choose will affect them in either a good way or in a bad way.
Ɏ₳₦₭ɆɆ ₩ł₮Ⱨ ₦Ø ฿Ɽł₥
O///O
Answers
Answer:
Ɏ₳₦₭ɆɆ ₩ł₮Ⱨ ₦Ø ฿Ɽł₥ back at ya
explain 5 ways in which business studies is a living subject
Answers
Five ways in which business studies is a living subject:
Evolving technologiesEconomic shiftsChanging consumer preferencesSustainability and ethical issuesGlobalizationHow is business studies a living object ?Business studies is an ever-evolving subject that continuously updates itself to reflect the latest developments and trends in the contemporary business environment. The dynamic global economy, characterized by recessions, inflation, and changing trade policies, can have significant consequences on businesses. It compels them to adapt quickly in order to remain profitable.
Furthermore, as society shows a growing inclination towards sustainability and ethical concerns, businesses must incorporate these principles into their practices. This highlights the importance of keeping up-to-date with these changes for students studying in business studies so they can gain success in today's innovative business world.
Find out more on business studies at https://brainly.com/question/28808857
#SPJ1
Economical Environment
Political Environment
Social Environment
Legal Environment
Technological Environment
A student is setting up an experiment. The student has twenty identical young plants and will try to answer this question: How does the amount of water given to these plants each day affect how tall the plant will grow? Identify one condition, other than identical young plants, that should be held constant during the experiment.
Answers
Which of the following is incorrect regarding Form 8915-F - Qualified Disaster Retirement Plan Distributions and Repayments?
A. Form 8915-F will be used to report qualified 2021 and later disaster distributions
B. The taxpayer should use Form 8915-F to report repayments of qualified 2020 disaster distributions
C. Form 8915-F will only be used to report distributions for qualified 2020 disasters
D. Form 8915-F is a redesigned Form 8915
Answers
C) Form 8915-F will only be used to report distribution for qualified 2020 disasters is incorrect.
Form 8915-F will be used to report distribution for qualified 2020 disasters and also for years 2021 and later years. Repayments are also can be done in the same Form.
Form 8915-F is issued by IRS, to report disaster -related retirement distribution and its repayments, the people affected by the coronavirus are also eligible for this program. Form 8915-F is replaced by Form 8915-E of 2020.
Form 8915-F is a forever form used for distributions for qualified 2020, 2021, and future disasters. This is a change of approach to the IRS taken since 2016, from then a new form has been issued each year.
Form 8915-F has modifications, it shows in which year the form was filled, and in which year the disaster happened. There will be two flow charts one indicates the corona virus and the other indicates the assistance which would make it clear to people.
To know more about Form 8915-E
brainly.com/question/30110935
Which of the following is incorrect regarding Form 8915-F - Qualified Disaster Retirement Plan Distributions and Repayments?
A. Form 8915-F will be used to report qualified 2021 and later disaster distributions
B. The taxpayer should use Form 8915-F to report repayments of qualified 2020 disaster distributions
C. Form 8915-F will only be used to report distributions for qualified 2020 disasters
D. Form 8915-F is a redesigned Form 8915-E
#SPJ4
Janae has created a table of her company's revenue data. The company sells its products in four cities. Janae's manager told her to create a new
visual showing the share of revenue from each city. Complete the following sentences.
Janae should choose a
to show each city's contribution to the company's total revenue. This type of visual is especially
effective because it allows her to show the revenue from each city as a
of the company's total revenue.
Reset
Next? Does anyone know the answer
Answers
Answer:
First one is "Pie Chart"
Second one is "Percentage"
Explanation:
Enjoy
provide the name of the financial institution and the account name
Answers
Explanation:
Global investment banks include JPMorgan Chase, Goldman Sachs, Morgan Stanley, Citigroup, Bank of America, Credit Suisse, and Deutsche Bank.
when management's primary objective is the economic interests of shareholders, this is known as : A.philanthropy B.responsibility C. the strategic approach D.the pluralistic.
Answers
True or false: A change manager in an organization should be sensitive to how people feel about change, how they think about it, and what they want to do about it.
Answers
- Ethical Considerations. Is managing a business in ways
that reflect society's core values always ethical? Explain
your answer.
Answers
Yes
It is because it really helps
A company wants to use the allowance method to account for bad debts. You are assigned to explain to the company the different methods it can use to estimate bad debts.
Answers
By debiting the allowance for doubtful accounts (ADA) and crediting the accounts receivable, the allowance method records the uncollectible and written-off amounts. The ADA is subtracted from the accounts receivable to arrive at the net realizable value (NRV).
What is net realizable value?A valuation approach called net realizable value (NRV), which is popular in inventory accounting, takes into consideration the total amount of money an asset can bring in from sales less an estimate of the charges, fees, and taxes related to that sale or disposal.
NRV is calculated as expected selling price minus total manufacturing and selling expenses. Use $35 for the value and the projected selling price, for instance, if a business lists things for $50 but anticipates that they will only sell for a discount of $35.
The cash sum that a corporation anticipates receiving is known as net realizable value (NRV). Consequently, net realizable value is also known as cash realizable value. The terms "net realizable value" and "current assets" are frequently used in relation to inventory and accounts receivable.
Inventory should be recorded at the lower of its cost or the amount at which it can be sold, according to the lower of cost or net realizable value principle.
The predicted selling price of an item less the costs associated with its completion, sale, and transportation is its net realizable value.
Learn more about net realizable value, here
https://brainly.com/question/15866211
#SPJ1
Sound Stream Corp. is releasing a range of headphones, earphones, and acoustic devices for music enthusiasts in a new market. To enter the market and gain market share rapidly, Sound Stream slashes the prices of its products and markets its products aggressively. In this scenario, which pricing strategy is Sound Stream Corp. using
Answers
Answer:
Penetration pricing
Explanation:
Penetration pricing is a pricing strategy where the sellers of a new product set the price for their product unusually low. This is to entice consumers to purchase the product
Advantages of penetration pricing
1. it increases market share of the firm conducting the penetration pricing
2. it increases the sales of the firm practicing the penetration pricing
Disadvantages of penetration pricing
1. Profit earned by the company might be too low
2. once a low price has been set for the good, it might be difficult to raise it later as it may drive consumers away.
List 6 mistakes that can be made during an interview.
Answers
Answer:
1.Appearing Disinterested
2.Answering a Call or Texting
3.Dressing Inappropriately
4.Talking Negatively About a Current or Previous Employer
5.Body Language
6.Being Vague
Explanation:
Hope this helps !
Poor interview preparation is a clear killer, and 75% of interviews end in failure because the applicant wasn't prepared for some of the questions asked or didn't know enough about the employer.
What are mistakes that can be made during an interview ?Failing to conduct research The biggest error all of our experts mentioned was showing up unprepared for an interview. This could be not doing your homework on the business, not giving the job enough consideration, or not knowing who you're meeting. However, it could also refer to not having a plan for your conversation.
Most applicants anticipate being questioned. When one person asks every question and the other person responds, an interrogation has taken place. In an interview, questions are posed and answered in the context of a business dialogue. applicants who anticipate unwilling interrogator.
Lack of planning. Some recruiting managers favour conducting interviews in a more "spontaneous" manner.
becoming very anxious.acting too carelessly.being very zealous.intimidating potential employees.Lying. accepting bias.Learn more about Interveiw here
https://brainly.com/question/12600494
#SPJ2
PLEASE HURRY
How important do you think it is to believe in your own argument when giving a persuasive speech? Explain your answer.
Answers
Answer:
Here you go:
Persuasion is the process that is aimed at changing a person’s or a group’s attitude or behavior. A persuasive speech such as sales pitches, debates, and legal proceedings, typically use ethos, pathos and/or logos. When delivering this type of speech, your aim is to change or help develop your audience's point of view on a subject. The only real way to authentically gain a response, is if you truly believe what you are speaking about. There is no point in delivering a persuasive speech unless one has an argument to make. Usually we deliver a persuasive speech because we believe in the subject and that the subject has importance. All in all, to effectively give a persuasive speech, yes, you do need some level of belief in your argument.
Which of the following statements is true of the corporate strategy of an organization
Answers
Answer:
I need the choices to choose from.
Explanation:
what are the 5 basic seating arrangements used for small group meetings
Answers
Answer:
Family Style Seating.
Classroom Style Seating.
U-shape / Horse Shoe Style Seating.
Explanation:
Rinaldo wants to know how you recorded the part cash and part credit purchase that occurred during the beginning of May in Sage 50. Rinaldo asks which of the following shows the correct series of actions to open a Sage 50 window that must be used to record the above transaction:
Inventory & Services → Enter Bills → New Bill
Inventory & Services → Purchase Invoice → New Invoice
Vendors & Purchases → Enter Bills → New Bill
Vendors & Purchases → Purchase Invoice → New Invoice
Answers
Answer:
Vendors & Purchases → Enter Bills → New Bill
Explanation:
To record the part cash and part credit entry in Sage 50, we will use the following series.
Vendors & Purchases → Enter Bills → New Bill
To record the purchase transaction we need to enter the transaction in the vendors and purchase option and then we need to create separate bills for our part cash payment and part credit payment separately.
If the tax elasticity of labor supply is 0.21, by how much do tax rates have to be reduced to increase the labor supply by 2 percent?
Answers
For labour supply to increase by 2%, tax rates have to be reduced by 9.52.
By how much should tax rates be reduced?The tax elasticity of labor supply measures the sensitivity of labor supply to tax rates. If the tax elasticity of labor supply is less than one, it indicates that the supply in inelastic.
The tax elasticity of labor supply = percentage change in labor supply / percentage change in taxes
0.21 = 2% / percentage change in taxes
Percentage change in taxes = 2% / 0.21 = 9.52
To learn more about tax elasticity of labor supply, please check: https//brainly.com/question/14089547
#SPJ1
Answer:
9.52
Explanation:
One instance of a political or legal trend is the maturing of the "Millennials" cohort in
the United States.
True
False
Answers
True. The maturing of the "Millennials" cohort in the United States is an instance of a demographic trend, which can have political and legal implications as this generation becomes a larger portion of the population and gains more influence in society.
What are MillennialsMillennials are a generation of people born between the early 1980s and the mid-1990s or early 2000s, depending on the source. They are also sometimes referred to as Generation Y. Millennials are known for growing up during a time of rapid technological advancement, globalization, and social change.
They are the first generation to have grown up with easy access to the internet, social media, and smartphones, which has shaped their attitudes, behaviors, and worldview.
The values, beliefs, and priorities of the Millennial generation are likely to shape the political and legal landscape in the years to come.
Learn more about Millennials at
https://brainly.com/question/30419998
#SPJ1
A company operates in a perfectly competitive market, selling each unit of output for a price of $20 and paying the market wage of $360 per day for each worker it hires. In the following table, complete the column for the marginal revenue product of labor (MRP) at each quantity of workers.
Labor Output Marginal Product of Labor Marginal Revenue Product of Labor
(Number of workers) (Units of output) (Units of output) (Dollars)
0 0 - -
1 20 20
2 39 19
3 57 18
4 72 15
5 84 12
Answers
Answer: The answer is given below
Explanation:
The marginal revenue product of labor (MRPL) is an additional amount of revenue that a firm will make when it hires one additional employee. The formula and r calculating
MRPL = marginal product of labour x marginal revenue.
It should be noted that P = MC = MR. Therefore marginal revenue will be $20.
Therefore when:
MPPL = 0
MRPL = 0 × 20 = 0
MPPL = 20
MRPL = 20 ×20 = 400
MPPL = 19
MRPL = 19 × 20 = 380
MPPL = 18
MRPL = 18 × 20 = 360
MPPL = 15
MRPL = 15 × 20 = 300
MPPL = 12
MRPL = 12 × 20 = 240
Check the attached file for the table.
The completion of the column for the marginal revenue product of labor (MRP) is as follows:
Labor (Number of Output Marginal Product of Value of the
workers) (Units of output) Labor (Units of output) Marginal Product
of Labor (Dollars)
1 20 20 $400 (20 x $20)
2 39 19 $380 (19 x $20)
3 57 18 $360 (18 x $20)
4 72 15 $300 (15 x $20)
5 84 12 $240 (12 x $20)
The marginal revenue product of labor (MRPL) shows the additional amount of revenue the firm generates when it adds one additional employee to its labor force. It is the product from the multiplication of the marginal product of labor by the selling price of output.
Thus, according to the law of Marginal Revenue Product of Labor, the company will demand more labor until its MRPL equals the wage rate, that is at $360.
Learn more: https://brainly.com/question/17009411
instance, think about the jobs listed below. While those in positions like these get to work
in and around show business, the functions they perform are based right in the clusters we
considered today: Business Management, Finance, Marketing and Sales. See if you can
search online to find what is involved with these three specific jobs. Can you find an example
of someone who holds this position? What do the do? How might their job allow them to
feel like a part of Hollywood?
Senior Vice President of Theatre Operations
Media Production Accountant
Social Media Director, Film Marketing Agency description of each of the three careers that you researched, including what tasks the
job requires and why the job is so important
2. A breakdown of the education requirements for each career, including subjects that might
be beneficial in preparing for each career
3. The projected annual salary for someone in each career and the job outlook according to
the Bureau of Labor
4. A summary of why you think this job is a good choice for someone who is interested it
"show business*
Answers
Each of these careers can be a good choice for someone interested in "show business" as they offer opportunities to work closely within the entertainment industry and contribute to its success. They provide a chance to be involved in the operations, financial management, marketing, and promotion of films and theaters.
Senior Vice President of Theatre Operations:
This role involves overseeing the operations and management of theaters within a company. Responsibilities may include developing and implementing operational strategies, managing budgets and financial performance, coordinating with production teams, ensuring smooth theater operations, and enhancing the overall customer experience. An example of someone who holds this position is Mark Manuel, Senior Vice President of Theatre Operations at AMC Theatres.
Media Production Accountant:
A media production accountant is responsible for managing the financial aspects of film and television production. They handle budgeting, cost tracking, payroll, financial reporting, and ensuring compliance with industry regulations. Their role is crucial in managing the financial resources of a production, tracking expenses, and providing accurate financial information for decision-making. Relevant education in accounting or finance is essential for this career, and knowledge of the entertainment industry can be beneficial.
Social Media Director, Film Marketing Agency:
As a social media director in a film marketing agency, the role involves developing and implementing social media strategies to promote films. They oversee social media campaigns, manage content creation, engage with audiences, analyze performance metrics, and work closely with marketing teams. Their job is important in building an online presence, creating buzz, and engaging fans within the film industry. A background in marketing, communication, or digital media is typically desired for this role.
Each of these careers can be a good choice for someone interested in "show business" as they offer opportunities to work closely within the entertainment industry and contribute to its success. They provide a chance to be involved in the operations, financial management, marketing, and promotion of films and theaters. These roles allow individuals to work behind the scenes, making critical decisions and supporting the overall success of productions. Additionally, being part of the entertainment industry can be exciting and fulfilling for those passionate about the world of show business.
For more question on industry
https://brainly.com/question/30001696
#SPJ8
When is a table the most effective way to present information?
A. When you want to show how parts fit together.
B. When you want to show the parts of a whole.
C. When you want to make many details available in an organized
way.
OD. When graphs are more expensive to create.
Answers
A table is most effective C. when you want to make many details available in an organized way.
When are tables best for presentation ?Tables are a praiseworthy aid in exhibiting intricate and comprehensive data in an exact and systemized manner. They are chiefly advantageous when you necessitate demonstrating a substantial amount of knowledge in a style that permits the spectator to readily review and contrast distinct articles of intelligence.
Tables can be handily taken advantage of for exposing details such as numerical figures, dates, or other types of proportional information. Simultaneously, they can additionally be employed to present qualitative info, which includes categories or explications.
Find out more on tables at https://brainly.com/question/25466647
#SPJ1
The first step in starting your own business is:
Answers
Answer:
go to an investor to find a building
Explanation:
"Group decision making is better". Do you agree or disagree with the statement? Give 3 reasons why do you say so?
Answers
Answer:
I agree because it make the group bring out more ideals
sometimes group decision make some people to voice out their problems
group decision help organization and firms to operate in good aims
the message was written by the marketing manager of an online retailer of baby related products in the hope of becoming a retail outlet for Inglesina strollers and high chairs
Answers
It should be noted that the message should be reviewed so that it follows the writing business message guidelines.
How to write a marketing messageThe complete information is that one should read the email message and revise it so that it follows the general writing business message guidelines.
Therefore, the message will be written thus:
To: Inglensia
Subject: Retailing strollers from Best Baby Gear
Our company, Best Baby Gear, specializes in the best products for the target market. We constantly look for products and suppliers that are good, and classy to take their place alongside other carefully selected products.
We want every product to be a top-drawer success. After careful consideration, we concluded that your Inglesina lines meet our needs and therefore, we would like to add it. This collaboration will enhance our growth.
Please reach out to us for further discussions.
Warm Regards,
Best Baby Gear
Learn more about business messages on:
https://brainly.com/question/26199974
Where are 2 places you can search for apps that work with QuickBooks Online?
Answers
The places that the user can search for the applications include the QuickBooks Apps or access them from the applications menu within the QBO account.
QuickBooks is simply an accounting software package that's useful for businesses.
It should be noted that from QuickBooks applications, one can select the specific category under the categories section. Then one clicks the get application now button.
Also, the person can search for the applications by accessing them from the applications menu within the QBO account.
Learn more about QuickBooks on:
https://brainly.com/question/8849920
On January 1 of the current year, the Queen Corporation issued 7% bonds with a face value of $76,000. The bonds are sold for $73,720. The bonds pay interest semiannually on June 30 and December 31 and the maturity date is December 31, five years from now. Queen records straight-line amortization of the bond discount. Determine the bond interest expense for the year ended December 31.
Answers
Answer:
$5,776
Explanation:
the journal entry to record the issuance of the bonds:
January 1, 202x
Dr Cash 73,720
Dr Discount on bonds payable 2,280
Cr Bonds payable 76,000
coupon = $76,000 x 7% x 1/2 = $2,660
discount on bonds payable per coupon = $2,280 / 10 = $228
Journal entry to record coupon payment:
June 30 and December 31, 202x
Dr Interest expense 2,888 x 2 = 5,776
Cr Cash 2,660 x 2 = 5,320
Cr Discount on bonds payable 228 x 2 = 456
The following balances have been taken from the general ledger for CCC Manufacturing Company:
Raw Materials Inventory (1-12-2014)
Rs. 40,000
Raw Material Purchases
190,000
Raw Materials Returns
9,000
Carriage Inwards
15,000
Direct Labor
250,000
Indirect Labor
60,000
Depreciation (Machinery)
30,000
Hear, Light and Power
25,000
Factory Rent and Taxes
31,000
Factory Repairs Expense
19,000
Foreman ‘s Salary
25,000
Raw Material (31-12-2014)
58,000
Work in Process (1-12-2014
63,000
The foreman estimates that Rs. 32,000 of Raw Materials and Rs. 25,000 of Direct Labor are to be allocated to the unfinished goods in process on 31-12-2014.
Determine the FOH Rate based on direct labor cost.
Answers
Answer:
FOH rate based on direct labor cost is 22.8%.
Explanation:
The computation of the factory overhead rate based on the direct labor cost is as follows:
Factory Overhead (FOH) Rate on Direct Labor Cost is
= Total Estimated Factory Overheads ÷ Direct Labor Cost × 100
= [$32,000 + $25,000] ÷ $250,000 × 100
= $57,000 ÷ $250,000 × 100
= 22.8%
Therefore, FOH rate based on direct labor cost is 22.8%.