Answer:
Option (D) Graham is not allowed to sue Alice, having lost his right to sue her.
Explanation:
The reason is that the plaintiff can only sue the party who damage him / her in a limited period of time. Because the longer the period has lapsed the greater are the chances that the court would think that the plaintiff has forgiven the other party. So once you have forgiven the other party you have no right to sue the company again. The statute of limitations establishes the period in which the case by the plaintiff must be filed against the defendant. So we can see that Graham is unable to sue Alice because the time of suing Alice is passed. It has been 4 years now, Graham has no right to sue Alice now.
Answer: periodic inventory system
Explanation:
The type of inventory system used by Badger Enterprises is the periodic inventory system. The periodic inventory system is an inventory whereby updates are usually done on periodic basis.
In the periodic inventory system, physical count of inventory is done at specific intervals. This is the method used by the company in the question.
11.51%
The required rate of return = risk-free rate + Beta * (market risk premium)
Here, we multiply the beta of 1.32 times the market risk premium of 5.50%, then add the risk-free rate of 4.25% to get the required rate of return, or 11.51%.
Answer:
Receivables turnover= Sales/ Accounts Receivables
Receivables turnover= $9,358,610 / $442,016
Receivables turnover= 21.173 times
Days' sales in receivables= 365 days/ Receivables turnover
Days' sales in receivables= 365 days/ 21.173 times
Days' sales in receivables= 17.239 days
Average collection period= Days' sales in receivables = 17.239 days
The total cost of producing seven video game is $26.
The fixed cost refers to the cost of input during production process which is constant in amount the quantity of products produced notwithstanding while variable cost refers to those costs that vary depending on the quantity of goods produced. To find the total cost of producing a product, the variable and the fixed costs have to be added together.
