Answer:
A) The acceptance is effective upon dispatch
Explanation:
In the given scenario an offer was made by Judith using normal letter, she did not state the authorised means by which the acceptance should be made.
If Helga accepts the offer and chooses and means to convey the acceptance, it will be acceptable as there is no specific way stated by Judith.
So when Helga responds by using a normal letter, the acceptance is effective when she dispatches the letter.
If however Judith stated an authorised means of acceptance, Helga would have to comply to make sure her acceptance is valid
Answer:
B.
Explanation:
Based on the answers provided within the question it can be said that I would expect Xavier to participate in Evaluating why the assembly line is making only 14 dozen boxes of cake mix each hour rather than the expected 18 dozen boxes.
This is mainly because evaluating why the assembly line is not producing as efficiently as it should and implementing the necessary changes is all part of controlling activities which Xavier is responsible for as a manager at BuiltMore Industries.
Answer:
The correct answer is A.
Explanation:
Giving the following information:
Final value= 1,560,000
n= 3*12= 36 months
i= 0.038/12= 0.0031667
To calculate the annual deposit needed we need to use the following version of the final value formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A=(1,560,000*0.0031667) / [(1.0031667^36)-1]= $40,849
Please explain the question a little more, or what the answer are to pick from.
Answer:
a. $196
b. $88
c. $88
d. $88(x)
e. $20
f. $88
Explanation:
Given:
Rent = $20
Cost per Tux = $88
x = Number of tux
- Since $20 is rent regardless , how many tuxes we rent
Cost function C(x) = 88(x) + 20
A. Cost of renting two tuxes
C(2) = $88(2) + $20
= $176 + $20
= $196
B. All tuxes has same cost, so cost of second tux = $88
C. All tuxes has same cost, so cost of tenth tux = $88
D. Here variable cost means value of tuxes , so variable cost = $88(x)
E. Here rent is described as fixed cost = $20
F. Marginal cost = change in cost / change in quantity
= ${(2*88) -(1*88)} / 2-1
= $88