Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer: See explanation
Explanation:
Based on the information that was provided in the question, Pablo’s case with regards to the scenario given will be regarded as a civil case due to the fact that Drew is being sued.
The Federal court will be the court where the case will hold. This is due to the fact that the parties involved are from different states. While Pablo is from New Mexico, Drew is from California. For speeding, a criminal case can also be brought against Drew.
Answer:
The correct option is B
Explanation:
The project will require the to submit the EIS (Environmental Impact Statement), it is a document which is prepared describing or stating the effects of the activity proposed on the environment. So, it is necessary for the Army Corps to submit the EIS along with the proposed project for the construction of the dam which is for advantage of Tennessee.
Answer:
$59,000
Explanation:
We will first determine the variable cost per unit
= $24,000/300
= $80
Contribution margin percentage =
$280 - ($80 - $1.10)/$280
= 0.72
= 72%
New break even point = $18,000/72%
= 25,000
Old break even point =
($280 - $80)/280
= 0.71
= 71%
= $18,000/71%
= $25,352
Margin of safety = $84,000 - $25,000
= $59,000
Answer:
Option C.
Current liabilities, $420,000;
Long-term Debt, $1,260,000.
Explanation:
The reason is that the amount that will be paid within the next 12 is current liabilities, so the amount $420,000 is current liability as it will be paid within the next 12 months. So the remainder of the amount that is not payable in the next 12 months is long term liability.
Long Term Liability = $1,680,000 Total Payable Amount - $420,000 Current Liability
Long Term Liability = $1,260,000
