In cities around the country, the government provides assistance to families with low incomes to rent apartments at prices capped by the U. S. Department of Housing and Urban Development (HUD), essentially setting a price ceiling on apartments. These designated apartments tend to rent quickly, and tenants are less likely to move once they find an apartment. How are incentives by landlords affected in terms of maintaining rent controlled and non-rent-controlled apartments? A. Rent controls will cause a surplus of apartments and drive the prices of non-rent controlled apartments down.

B. Rent controls will cause a surplus of apartments and drive the prices of non-rent controlled apartments up.

C. Rent controls will cause a shortage of apartments and drive the prices of non-rent controlled apartments up.

D. Rent controls will cause a shortage of apartments and drive the prices of non-rent controlled apartments down.

Miko willingly admits that she is not an accountant by training. she is concerned that her balance sheet might not be correct. she has provided you with the following additional information. 1. the boat actually belongs to miko, not to skysong, inc.. however, because she thinks she might take customers out on the boat occasionally, she decided to list it as an asset of the company. to be consistent, she also listed as a liability of the corporation her personal loan that she took out at the bank to buy the boat. 2. the inventory was originally purchased for $27,500, but due to a surge in demand miko now thinks she could sell it for $39,600. she thought it would be best to record it at $39,600. 3. included in the accounts receivable balance is $11,000 that miko loaned to her brother 5 years ago. miko included this in the receivables of skysong, inc. so she wouldn’t forget that her brother owes her money. (b) provide a corrected balance sheet for skysong, inc.. (hint: to get the balance sheet to balance, adjust stockholders’ equity.) (list assets in order of liquidity.)