Examlex
A company had average total assets of $3,216,000,total cash flows of $1,320,000,cash flows from operations of $554,000,and cash flows for plant assets of $850,000.The cash flow on total assets ratio equals:
Price Ceiling
A government-imposed limit on how high a price can be charged on a product or service, intended to protect consumers from prices that are deemed too high.
Shortage/Surplus
A shortage occurs when the demand for a good exceeds its supply at a particular price, while a surplus occurs when the supply of a good exceeds demand at a particular price.
Demand Equation
A mathematical expression that calculates the quantity of a good or service demanded at various prices.
Supply Equation
A mathematical representation that describes the relationship between the price of a good and the quantity of the good that suppliers are willing to sell.
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