Answer:
Part of the Question is missing (Kindly refer to the attachment for the full questions)
<u>Activities associated with price Ceiling</u>
- Pushes down housing costs for people who are well off and poor alike
- results in firms having a reduced incentive to build new housing
- reduce Landlords incentive to spend money on maintenance
<u>Activities associated with the Voucher</u>
- Can be targeted to help specific subsets of the population
- Increase the amount of available housing
- relies upon funding from the Government
Explanation:
<u>Activities associated with price Ceiling</u>
- Pushes down housing costs for people who are well off and poor alike <em>(this is the objective of the scheme to keep rent at a maximum of $1,000 to every student)</em>
- results in firms having a reduced incentive to build new housing <em>(makes the venture less lucrative to investors)</em>
- reduce Landlords incentive to spend money on maintenance <em>(Landlord will be least interested in cutting his limited inflow by spending on maintenance)</em>
<u>Activities associated with the Voucher</u>
- Can be targeted to help specific subsets of the population (<em>the voucher can be issued to the needy segment of the student population)</em>
- Increase the amount of available housing <em>(It doesn't stop the landlord from charging high rent, the students are earning subsidies on their rental payment)</em>
- relies upon funding from the Government (<em>It's the Government that will provide the subsidy payment to the students)</em>
Answer:
$90,000 and $86,000
Explanation:
In year 1, Lawrence Corp. purchased equipment for $100,000. Lawrence uses straight-line depreciation over a 10-year useful life with no residual value for financial reporting purposes.
In year 1, tax depreciation was $14,000. At the end of year 1, the carrying value for accounting purposes is $90,000, and the tax basis is $86,000.
Carrying value = Cost - Depreciation to date = 100,000 - (100.000 cost / 10 years) = $90,000
While tax basis = Cost - Tax depreciation = $100,000 - $14,000 = $86,000
Answer:
E. Maximize the market value of the firm's stock
Explanation:
Answer:
Yes you have violated ethical standards
Explanation:
The companie's policy is that all expenses must be reported. The taxi fare plus the tip were just $10 but you intend to report $20.
The company policy of not having to give receipt of amounts less than $25 is being manipulated to extort money from the company.
You were involved in a unethical practice where transport fare is reported as $20 instead of $10 for personal gain of the extra $10.
Answer:
=$246,000
Explanation:
Intended sales 3500 units
Selling price =$60
variable costs 35% of sales price is 35/100 x 60= $21
Contribution margin is 65% of sales price = 65/100 x 60 = $39
Fixed costs =$78,000
Sales revenue to make $81,900 will be
operating income = total contribution margin -Fixed costs
$81,900 = TCM - $78,000
TCM = $81,900 +78,000
TCM= 159,900
TCM is a product of contribution margins and sales units
159,900 =$39 x sales units
sales units = 159,000/ $39
sales units = 4,100
sales revenue = sales units x selling price
=$60 X 4100
=$246,000
