Answer and Explanation:
According to the scenario, computation of the given data are as follow:-
Price ceiling:-This is show the limit of the price on maximizing value of the product which is decided by government and his imposed group for customer.
Binding:-The binding price ceiling is below the equilibrium price.
Unbinding:-The unbinding price ceiling is above equilibrium price.
Price floor:-This is show the limit of the price on lower value of the product which is decided by government and his imposed group for customer. A price floor must be higher than the price equilibrium price in order to be effective.
Binding:-The binding price floor is above the equilibrium price.
Unbinding:-The unbinding price floor is below the equilibrium price.
It is given that the equilibrium price of milk is $2.50 per gallon.
Statement 1:-This is the example of price floor and binding because minimum price of $2.30 per gallon is decided.
Statement 2:-This is the example of price floor and binding because minimum price of $3.40 per gallon is decided for gasoline.
Statement 3:-This is the example of price floor and binding because teenagers are not hired due to minimum-wage laws.
Answer:
The correct answer is 9.56%
Explanation:
Before tax cost of Debt = rate(nper,pmt,pv,fv) * 2
nper = 25*2 = 50
pmt = 1000*12%*1/2 = 60
pv = 1230.51
fv = 1000
Before tax cost of Debt = rate(50,60,-1230.51,1000)*2
Before tax cost of Debt = 9.56%
Answer: Inside order taker
Explanation:
The Inside order taker is one of the type of salesperson in an organization and the main responsibility of the inside order taker is to collecting the orders of the various types of products and then make a entries about the sales order at the counter.
According to the given question, Hollie is works as the salesperson for the Land's end and her duty is to taking the various types of orders from the consumer over the mobile or telephone system and ensure that the information is properly given by the consumer.
The inside order taker then making a proper entries of the orders and it also helps in increase the customer frequency for the new orders in an organization.
Therefore, Inside order taker.
September 19, 2020 because that is when the cake successfully delivered
Answer:
June 30
Explanation:
According to the revenue recognition principle, the sale is made when it is earned, not when it is received by the customer. That means it follows the accrual basis of accounting, not the cash basis of accounting.
In the given situation, On June 30 the printing shop provides service to a customer for $1,000, On July 5 it sent a bill and on July 25, the amount is received by the customer.
So, The $1,000 would be recognized on June 30 when the sale is made by the printing shop