Answer:
$80,000
Explanation:
Given:
Frank's fault = 80%
Fran's fault = 20%
Total loss of Fran = $100,000
Now, the state follows the comparative negligence
thus,
The Fran will recover the amount = Frank's fault in the total loss of Fran
Thus,
The Fran will recover = 80% of the total loss
or
The Fran will recover = 0.80 × $100,000
or
The Fran will recover = $80,000
It’s a doctrine where the court follows makes decisions based on older decisions in a case with the same or similar scenarios
Answer:
$3,550
Explanation:
Supplies used = Opening supplies + Purchases of Supplies - Ending Supplies
therefore,
Supplies used = $1,250 + $4,000 - $1,700
= $3,550
thus,
The cost of supplies used during the month is $3,550.
Answer:
The situation involving the service establishment has a probability 3.11 percentage points higher than the situation involving the retail establishment.
Answer:
$27,175
Explanation:
Year 1
Sales $62,500
Depreciation $8,000
Operating Cost $25,000
Total Expense <u>($33,000)</u>
Income Before tax $29,500
Tax 35% <u>($10,325)</u>
Net Income <u>$19,175</u>
Interest Expense is not relevant to the project, It is a financing decision which will not be part of project calculation.
As the Net income includes the deduction of non cash item of depreciation. so, it will be added back to calculate the cash flow.
Cash Flow in year 1 = Net Income + Depreciation = $19,175 + $8,000 = $27,175
