Answer:
Res ipsa loquitur
Explanation:
_____ is a tort in which the presumption of negligence arises because the defendant was in exclusive control of the situation, and the plaintiff would not have suffered injury but for someone's negligence.
Res ipsa loquitur is a doctrine in law that one can presume the negligence of a defendant when the facts are glaring.The doctrine has primarily required that a defendant have exclusive power over the occurrence of an injury. negligence could result from
1. an actual causal connection between the defendant's conduct and the resulting harm; 2 a duty of care owed by the defendant to the plaintiff; 3 a breach of that duty;
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Answer:
Explanation:
Store should become a responsive one in a way, that customers can see their all products online, add in their shipping cart and come and have a look on retail store and be able to buy buy or vice versa as well. Plus a responsive customer service team empanelled with Sales team should be present to assist customers in case of service/ sales enquiries, thus delivery high service level satisfaction.
Answer: c. $300,000
Explanation:
Here, the shipping costs from overseas is part in inventory costs whereas the shipping costs to export are part of expense not inventory.
Given: Purchases during the year $15.0 million
Shipping costs from overseas$1.5 million
Shipping costs to export customers$1.0 million
Inventory at year end $3.0 million
Amount of shipping costs should be included in ABC Trading's year-end inventory valuation = (Inventory at year end)÷(Purchases during the year ) × (Shipping costs from overseas)
= ($3,000,000) ÷ ($15,000,000) × ($1,500,000)
= $300,000
Hence, the correct option is c. $300,000.
Answer:
Gross Margin = $6,000
Explanation:
Gross margin refers to the Sales price - Direct cost associated with the product.
Here, Sales Value = 200 outdoor planters for $50 each = $50 
200 = $10,000
Cost associated with this outdoor planters = Purchase cost as paid to supplier = $4,000
Thus, gross margin = $10,000 - $4,000 = $6,000
Note: Time period and dates provided for such sales and collection of amount or payment to supplier is of no relevance.
Final Answer
Gross Margin = $6,000
