when you try to keep everything 100% clean
Sal purchased a used toaster at a yard sale. The seller told Sal that although the toaster was more than 10 years old, she had not had any problems with it. Sal takes the toaster home and uses it for a few months. One day, however, as Sal was using the toaster, it malfunctioned and caused a small fire in Sal's kitchen along with significant smoke damage. Sal decides to sue the manufacturer of the toaster and will do so within one month of the fire. What would likely be the manufacturer's best defense in a strict liability in tort action brought by Sal?
Answer:
The manufacturer of the toaster would argue from the point of view of the warranty offered for the toaster. In most electronic products, the manufacturer offers warranty ranging from 1 year to 5 years.
For the toaster to have worked for more than 20 years without any problem shows that it was a good product. And, the warranty must have expired hence the need not to be held responsible for whatever happened to it.
Explanation:
Hearing that her job has been terminated, Eleanor has responded by saying, "I never will get another job. There is no other work that I can do." Her counselor responds by saying, "There are other jobs that you can do. I will help you consider other types of work." The counselor's statements most clearly fits:______.
A. Holland's theory.
B. Myers- Briggs Type theory.
C. social learning theory.
D. Super's developmental theory.
Answer:
C
Explanation:
Collective bargaining refers to a. firms colluding to set the wages of employees below equilibrium. b. the process by which unions and firms agree on the terms of employment. c. the process by which the government sets exemptions from the minimum wage law. d. setting the same wage for all employees to prevent conflict among workers.
Answer: the process by which unions and firms agree on the terms of employment.
Explanation:
Collective bargaining is the negotiation that takes place between the employers and the workers in order to reach an agreement regarding the wages or salaries, benefits, sworking conditions, and other rights for the employees.
Therefore, collective bargaining is the process by which unions and firms agree on the terms of employment.
Suppose that kyle and lisa are both in the public eye. they get offers to sell secrets of the other to tabloids. if both keep the secrets, they are both better off than if they get exposed. if only one is exposed, the other person is better off than if no one was exposed. thier payoffs from each option are given in the payoff matrix below.
Answer:
Give us more
Explanation:
No payoff matrix included, and no question present.
Claremont Company specializes in selling refurbished copiers. During the month, the company sold 180 copiers at an average price of $3,000 each. The budget for the month was to sell 175 copiers at an average price of $3,200. The expected total sales for 180 copiers were.
Answer:
$576,000
Explanation:
Since the company sold 180 copiers, each at $3,000
175 budgeted for the month was sold at $3,200
Therefore, we sum the above
$3,000 + $3,200
=$6,200
Also, multiply the above outcome with the actual copiers sold
$6,200× 180
=$1,116,000
Therefore; to get the expected total sales for 180 copiers;
$3,000 × 180
=$540,000
Then
=$1,116,000- $540,000
=$576,000
What best describes the kinds of companies in which a socially responsible
investor would invest his or her money?
O A. Companies that rely on nonmonetary calculations when doing
cost-benefit analysis
B. Companies with a business model and social mission that the
investor supports
O C. Companies that put profit-maximization above all other
considerations
O D. Companies that work toward decreasing marginal utility for a
society
Answer: Companies with a business model and social mission that the
investor supports
What is the difference between a total and a subtotal?
Explanation:
SUB-TOTAL:
The total for a part of a list of numbers being summed.
TOTAL:
An amount obtained by addition of smaller amounts.
Answer:
subtotal is all the different parts being added together from different list.
total is the all items being added together plus tax.
Explanation:
You are the manager of a project that has an operating leverage rating of 2.8 and a required return of 14 percent. Due to the current state of the economy, he expects sales to decrease by 7 percent next year. What change should you expect in operating cash flows next year given your sales forecast?
Answer:
The change should you expect in operating cash flows next year would be 19.60%
Explanation:
In order to calculate the change should you expect in operating cash flows next year given your sales forecast we would have to make the following calculation:
change should you expect in operating cash flows=operating leverage rating*percentage of decrease sales next year
change should you expect in operating cash flows=2.8*0.07
change should you expect in operating cash flows=19.60%
The change should you expect in operating cash flows next year would be 19.60%
An investment adviser structured as a partnership lends money to a customer to buy recommended securities. Under NASAA's Model Rule on Unethical Business Practices of Investment Advisers, Investment Adviser Representatives, and Federal Covered Advisers, this activity is
A) acceptable, provided the securities are used as collateral for the loan and the loan conforms to the provisions of Regulation T.
B) acceptable, provided the loan is made under the provisions of Regulation T of the Federal Reserve.
C) unethical.
D) acceptable, provided the securities are used as collateral for the loan.
Answer: Unethical
Explanation: Based on the model and policy of the North America Securities Administrator's Association, the investment adviser cannot lend money to a customer to purchase recommended securities under the guise of being partners, such behavior is deemed UNETHICAL and in violation of the rule binding the practices and investment advisers and investment adviser representatives.
Customers can purchase securities by taking loans from recommended or regulated lender, broker or bank.
A company purchased merchandise to be resold at increasing costs during the year 2019. The purchases were made at the following costs. 1. What are the number of units and the cost of the goods available for sale? 2. Assuming the LIFO periodic cost flow assumption, what will be the company's cost of goods sold for the 110 items sold in 2019? 3. Assuming the FIFO periodic cost flow assumption, what will be the company's cost of goods sold for the 110 items sold in 2019? 4. Assuming the periodic weighted-average cost flow assumption, what is the company's cost of goods sold for the 120 items sold in 2019? 5. Assuming the LIFO perpetual cost flow assumption, what will be the company's cost of goods sold if 10 units were sold on the last day of each month during the year 2019? 6. Assuming the perpetual moving-average cost flow assumption, what is the company's cost of goods sold for the 110 items sold in 2019? 7. A company's inventory was destroyed in a fire on January 28, 2020. The company's December 31, 2019 inventory had a cost of $40,000. The company's gross profit has consistently been 30% of sales. During January the company purchased merchandise costing $36,000 and sales of $50,000 at regular selling prices. What is the estimated cost of the inventory that was destroyed on January 28, 2020?
Answer:
7. $41,000
Explanation:
7. The company has $40,000 of inventory on December, it further purchased $36,000 of inventory in January. The sales in January amounted to $50,000 out of which 30% is gross profit. The cost of goods sold will be $35,000. The inventory that is destroyed by fire $41,000 ($40,000 + $36,000 - $35,000 ).
As the price level falls a. people will want to hold more money, so the interest rate rises. b. people will want to hold more money, so the interest rate falls. c. people will want to hold less money, so the interest rate falls. d. people will want to hold less money, so the interest rate rises
Answer:
The answer is C.
Explanation:
As the general price level decreases or falls, people will want to hold less money, so the interest rate falls.
As price level falls, value of money decreases because a unit of money will more of goods or services.
During this period people will want to hold less money because of the decrease in value and the excess money will be deposited in banks.
With this, the banks have more money to lend out and this will make the bank to reduce its Interest rate.
In a closed economy, the values for gdp, consumption spending, investment spending, transfer payments, and taxes are as follows: y = $11 trillion c = $8 trillion i = $2 trillion tr = $1 trillion t = $2 trillion using the information above, what is the value of private saving and public saving?
Answer:
Private saving = $2 trillion
Public saving = $1 trillion
Explanation:
Private saving = GDP - Taxes + Transfer payments - Consumption spending
= Y - T + TR - C
= $11 - $2 + $1 - $8
= $2 trillion
Public saving = Taxes - Government spending - Transfer payments
= T - G - TR
= $2 - $0 - $1
= $1 trillion
Therefore;
Private saving = $2 trillion, Public saving = $1 trillion
Silas Company reported the following information for 2015: Sales revenue $500,000 Cost of goods sold 350,000 Operating expenses 55,000 Unrealized holding gain on available-for-sale securities 20,000 Cash dividends received on the securities 2,000 For 2015, Silas would report comprehensive income of
Answer:
$20,000
Explanation:
Since there are cash gains that have not been realized as a result of the goods not being sold complete;y. This means that there is still more cash for to be inputted into the account information when a comprehensive income review is done.
from the question, it shows that $20,000 is te unrealized gain and as such is the going to be part of comprehensive income when the books of Silas company are to be reckoned.
Cheers.
Exhibit 15-3 Potatoes and wheat output (tons per day) Country Potatoes Wheat United States 4 2 Ireland 3 1 In Exhibit 15-3, the United States has an absolute advantage in producing: Group of answer choices
Answer:
The answer is "Both potatoes and wheat"
Explanation:
The actual value of US production is a productivity gain, which is the value of potatoes and wheat, since it will yield more with a given day than in Ireland. Unless the country has it, otherwise nation A (USA) created the product more for country B (Ireland), the benefit between two commodities. Instead of the national comparative benefit, foreign trade is based on the concept of competitive advantage.Suppose the countries of Iceland and Norway set up a free trade area, eliminating all trade barriers between themselves but maintaining tariffs on imports from the rest of the world. Now, Iceland begins to import wool from Norway. However, Iceland had previously been importing wool from England, which produced wool more cheaply than both Iceland and Norway. What is this an example of
Answer:
Trade Bloc
Explanation:
Trade Bloc is a type of agreement between two sovereign nations in which barriers to trade are either reduced or totally eliminated between the two nations. This type of agreement can either be one agreement between several nations or a part of a regional organization.
So, the example of Iceland and Norway is an example of a trade bloc.
Which is an accurate comparison of corporate income taxes and individual income taxes? Corporate income taxes are just about equal to individual income taxes. Corporate income taxes are less than a quarter of individual income taxes. Corporate income taxes are over twice as much as individual income taxes. Corporate income taxes are approximately 50 percent of individual income taxes.
Answer:
Corporate income taxes are approximately 50 percent of individual income taxes.
Explanation:
In the United States, corporate income tax rates have a flat rate of 21%, meaning that all corporations, regardless of profits, pay the same rate.
Individual income taxes, on the other hand, are progressive, meaning that the rates are different depending on income: the higher the income, the higher the individual income tax rate. However, the highest marginal rate is 37%, which is approxiametly twice as much as the flat corporate rate of 21%.
Jamir has decided that he needs a new car. He has found the model and color he wants for a purchase price of $25,838.
To buy the car, he must put 10 percent down, and his loan is for five years with an interest rate of 4.4 percent. His payments are $432.46.
To lease the car, he can sign a three-year contract with payments of $290. He needs to provide $1,500 up front to pay initial fees and his first month's payment. His annual mileage cannot exceed 15,000 miles.
Jamir’s new job is 25 miles away from his home. What is the most important thing he needs to consider before agrees to a lease?
Answer:
he will do more than 15,000 miles a year
Explanation:
Answer:
b) He will have to come up with a bigger down payment. c) His monthly payments will be higher.
Explanation:
can't see my options but got a question like this on edge.
A 10-year corporate bond has a 6 percent coupon, a call premium of $60, and a first call date in year 4. Market interest rates are 6.5 percent and are expected to rise for an extended period. If you plan to hold the bond, which yield should you most consider before buying the bond
Answer:
YTC = 8.3%
Explanation:
you should calculate the yield to call (YTC)
YTC = {coupon + [(call value - market value)/n]} / [(call value + market value)/2]
but we first need to calculate the market value:
PV of face value = $1,000 / (1 + 6.5%)¹⁰ = $532.73
PV of coupons = $60 x 7.18883 (PV annuity factor, 6.5%, 10 periods) = $431.33
market price = $532.73 + $431.33 = $964.06
YTC = {60 + [(1,060 - 964.06)/4]} / [(1,060 + 964.06)/2] = 83.985 / 1,012.03 = 8.3%
In her research paper, Kirstein copied a few paragraphs from a renowned author's work verbatim without placing them within quotation marks or citing the source. The review board rejected her paper on grounds of plagiarism. In this scenario, Kirstein has committed:_________.
Answer:
Word-for-word.
Explanation:
Word for word plagiarism is seen to be an unethical form of writing where the said student or researcher is seen to copy a fellow researchers works verbatim and particularly word for word with also quotation marks too. In as much as this is a bad form for writers, people are always seen to commit themselves in still doing it. This can cause a lawsuit in some places depending on the researcher whose work is been stolen/copied.
In all, it is been tagged an act of intellectual dishonesty which comes with uneasy consequences when it is done to a wrong person; a plagiarized assignment may lead to a failing grade, a suspension, or an expulsion.
A coffee shop uses an online system to engage customers. After each transaction, customers receive a text asking them to rate their experience with either a smiley, neutral, or sad face emoji. This practice is an example of _______ control. behavioral concurrent bureaucratic feedforward feedback
Answer:
Feedback.
Explanation:
In this scenario, a coffee shop uses an online system to engage customers. After each transaction, customers receive a text asking them to rate their experience with either a smiley, neutral, or sad face emoji. This practice is an example of feedback control.
Feedback can be defined as the information acquired from customers or consumers about their reactions to a particular product bought or service taken. Business firms or entities use informations gathered through feedback to improve on the quality of their products or services being provided to consumers and to measure sales performance.
In ______ cycle theory, fluctuations in both investment and consumption expenditure, driven by fluctuations in the growth rate of the quantity of money, are the main source of fluctuations in aggregate demand.
Answer: Monetarist
Explanation:
The monetarist theory is a theory which believes that the changes in the supply of money is the most important factor in the growth of an economy.
In this concept, economic stability can be fostered through targeting the money supply. The theory assume that the fluctuations in both the investment and consumption expenditure, which are s a result of the fluctuations in growth rate of the quantity of money, are the main source of fluctuations in aggregate demand.
Corporate parenting generates corporate strategy by focusing on:_____.
a) differentiating its activities into separate units and integrating these activities through complex integrating mechanisms.
b) the cash flow among its business units.
c) the core competencies of the parent corporation and on the value created from the relationship between the parent and its units.
d) whether a business unit should be growing, stabilizing, or retrenching.
e) acquiring distinctive competencies in the marketplace.
Answer: c) the core competencies of the parent corporation and on the value created from the relationship between the parent and its units.
Explanation:
Group companies normally trade with each other and are involved in other forms of business relationships. Discuss the impact that this will have on group performance and tell how these transactions are dealt with in the books of the group as a whole
Answer:
Some of the impacts that will have on group performance:
Cost cutting due to transfer pricingRevenue increase due to internal tradingThe internal trading transactions will be separated from the reconciliation statements.
Explanation:
On December 31 of the current year, the unadjusted trial balance of a company using the percent of receivables method to estimate bad debt included the following: Accounts Receivable, debit balance of $98,800; Allowance for Doubtful Accounts, credit balance of $1,121. What amount should be debited to Bad Debts Expense, assuming 5% of outstanding accounts receivable at the end of the current year are estimated to be uncollectible
Answer:
Amount of Bad debts expenses is $3,819
Explanation:
Estimated balance of allowance for doubtful debts account = Accounts receivables * 5%
= $98,800 * 5%
= $98,800 * 0.05
= $4,940
Calculation
Estimated balance of allowance for doubtful debts account = $4,940
Less: Un adjusted credit balance in allowance account = ($1,121)
Bad debts expenses= $3,819
The un-adjusted credit balance is deducted from the estimated balance of allowance accounts. The un-adjusted debit balance is added to the estimated balance of allowance accounts.
Van and her brother Trung both own homes valued at $175,000. Both pay property taxes at 1.25% and pay annual taxes of $2,187.50. They live in different neighborhoods. Van’s property value is expected to increase by 5% next year.Trung’s property value is expected to increase by 3%. How will these changes affect their property taxes? Check all that apply.
Answer:
Van's property tax will increase.
Trung's property tax will be less than Van's.
Trung's property tax will increase.
Explanation:
Data provided in the question
Value of the home = $175,000
Property taxes = 1.25%
Annual taxes = $2,187.50
Increased percentage for Van = 5%
Increased percentage for Trung = 3%
based on the above information, the affect is as follows
Van's property tax would rise as he expects his home's value to rise more than Trung's property value. Since the value of Van 's property is rising and rising more than that of Trung, Trung's would be less than that of Van. Because of the rise in value Trung's property tax is rising.
Which of the following scenarios best illustrates bundling? Cumulus Media Inc. sells its cloud computing network by having customers pay for the service as they use it. Fresh Seeds Inc. sells seed packages, in which a person can buy a package of three types of seeds at a discounted price compared to buying the seeds individually. Sharp Cable Inc. sells its basic TV channels for free but charges high prices for any channels that customers add on later. Clean Brush Inc. sells its electric toothbrushes for a low cost, but charges a high price for replacement brushes.
Answer:
The scenario that best illustrate BUNDLING is option B which state that:
Fresh Seeds Inc. sells seed packages, in which a person can buy a package of three types of seeds at a discounted price compared to buying the seeds individually
Explanation:
BUNDLING occur when a company or an organisation combine different product together as a package and than sell those product at a discounted amount or lower price instead of charging their customers to buy those product separately
For example, a customers may prefer iPhone 6 than iPhone 5 Instead of the company to sell iPhone 6 for $500 dollars and iPhone 5 for $400 dollars each, the company will then bundles or combined the two product and sells them at a discounted price or amount of $300.
Florida state saving bond can be converted to $1000 at maturity date of five year from purchase if the state bond are to be competitive with the USA saving bonds which pay 1% interest compounded annually at what price will the state bonds sell
Answer:
The price will the state bonds sell would be $951.46
Explanation:
In order to calculate the price will the state bonds sell we would have to make the following calculation:
price will the state bonds sell=price to be converted/(1+interest rate)∧n
According to given data we have the following:
price to be converted=can be converted to $1,000 at maturity date of five year from purchase
interest rate=1%
n=5
Therefore, price will the state bonds sell=$1,000/(1+1%)^5
price will the state bonds sell=$951.46
The price will the state bonds sell would be $951.46
T-bills are offered in what monetary increment? $1 $10 $100 $1000
Answer:
1,000 is the answer
Explanation:
Because it is
Answer:
The correct answer is $100
Explanation:
This information has come directly from the U.S department of treasury.
The nominal exchange rate is about 2 Aruban florin per dollar. If a basket of goods in the United States costs $50, how many florins must a basket of goods in Aruba cost for purchasing-power parity to hold
Answer:
100 florins
Explanation:
Purchasing Power Parity is a theory which compares currency of different countries through basket of goods. This is a method to compare purchasing power of currencies of different countries. If nominal exchange rate is 2 Aruban florin per dollar and basket of good in United States cost $50 then there must be 100 florins in the basket.
2 Florin per dollar * $50 = 100 Florins.
An increase in household saving causes consumption to a. fall and aggregate demand to increase. b. rise and aggregate demand to increase. c. rise and aggregate demand to decrease. d. fall and aggregate demand to decrease.
Answer: d. fall and aggregate demand to decrease.
Explanation: When household savings increase, the consumption will fall, as the money which should be spent on consumption such as food, clothing and other products will reduce in other to foster household saving. Also, aggregate demand which is used to measure the total amount of demand for goods and services produced in an economy will also decrease as increase in aggregate demand will inadvertently lead to decrease in household saving.
Therefore, increase in savings requires reduction in spending and demand for products.
Consumption is termed as the process of consuming goods and services by the customers or the households. This is also known as the degree of quantity demanded as it depends on the power of consumption of the individual.
The correct answer is d. fall and aggregate demand to decrease.
When household savings increase, consumption falls because the money available for consumption, such as food, clothes, and other goods, is reduced in order to encourage household savings.
Furthermore, aggregate demand, which is used to assess the overall degree of consumer spending generated in an economy, would fall since a rise in consumer spending will accidentally result in a drop in household savings.
As a consequence, growing savings necessitates lowering expenditure and product demand.
To know more about the consumption of the individuals, refer to the link below:
https://brainly.com/question/14253809