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Marianna [84]
3 years ago
9

At the Weatherford Hotel in Flagstaff, Arizona, in Room 59, a balcony extends across thirty inches of the room’s only window, le

aving a twelve-inch gap with a three-story drop to the concrete below. A sign prohibits smoking in the room but invites guests to "step out onto the balcony" to smoke. Toni Lucario was a guest in Room 59 when she climbed out of the window and fell to her death. Patrick McMurtry, her estate’s personal representative, filed a suit against the Weatherford. Did the hotel breach a duty of care to Locario? What might the Weatherford assert in its defense? Explain.
Business
1 answer:
lesya [120]3 years ago
4 0

Answer and Explanation:

The Weatherford hotel breached the duty of care as it failed to warn its guest about the unreasonable dangerous condition. Toni Lucario was a guest and it was it was the duty of the hotel to make its premises safe for her and for that the hotel has failed.

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You are valuing an investment that will pay you $12,000 the first year, $14,000 the second year, $17,000 the third year, $19,000
Tasya [4]
Calculations go from year 1 to year 6, screen isn't big enough to show all calculations.

present worth is $76273.60

4 0
3 years ago
If net operating income is $83,000, average operating assets are $415,000, and the minimum required rate of return is 13%, what
tester [92]

Answer:

$29,050

Explanation:

The computation of the residual income is shown below:

Residual income = Net operating income - Minimum required income  

= $83,000 - $53,950  

= $29,050  

Here

Minimum required income   =   Average operating assets × Minimum required rate of return  

= $415,000 × 13%    

= $53,950

This should be the answer and the options provided are wrong

6 0
3 years ago
The following information has been provided by New​ Age, Inc.:
N76 [4]

Answer:

(D) $ 4,950

Explanation:

The computation is shown below

As We know that

Ending work in process inventory = Opening work in process inventory + total manufacturing cost - cost of goods manufactured

where,  

Total manufacturing cost = Direct materials used + direct labor cost + manufacturing overhead  cost

= $10,000 + $25,800 + $19,200

= $55,000

So, the opening work in process inventory would be

$11,200 = Opening work in process + $55,000 - $48,750

So, the opening work in process is

= $4,950

7 0
3 years ago
Identify the three components of retained earnings.
Hoochie [10]
The beginning period retained earnings, net profit/net loss made during the accounting period, and cash and stock dividends paid during the accounting period. (i may be wrong because there was no picture but i this is right)
5 0
2 years ago
In year 1, X Company recognized an impairment loss on the trade name for its beverage product, reducing the carrying value from
ziro4ka [17]

Answer:

The value of the intangible will remain at $350,000

Explanation:

The reason is that the International Accounting Standard IAS-36 says that once the impairment is recognized for the intangible assets it can not be reversed which means that the amount reported would be $350,000. The reason is that it is very rare that the asset gain its value and specially those which are intangible assets. Most of the management in the 1990s-2000 tried to recognize a gain on impairment which was unjustifiable to increase their profits for the period so the standard specifically didn't permitted gain on a previously impaired asset.

6 0
3 years ago
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