Answer:
determining the final price
Explanation:
In the given scenario Malcolm wants to use a pricing strategy that relies on his extensive experience and legal background rather than on time or effort spent on cases.
So he is promoting a higher quality of legal representation compared to other firms.
The next step in his pricing strategy will be to set the final price he wants to.offer his services.
This should be done by taking note of other law firms operating in the same community. A price that is too high will drive customers to competitors.
Answer: the correct answer is a. includes a credit to Bad Debt Expense of $3,650.
Explanation: the Debt was not going to be paid but then the company received the money so it corresponds the credit to Bad Debt Expense of $3,650.
Answer:
The productivity in sales revenue/labor expense: 3.49
Explanation:
Total sales (revenue) = Sale price per unit x Units sold = $1,710 x 1,231 = $2,105,010
Total labor expense = Total labor hours x Wage rate = 46,453 x $13 = $603,889
The productivity in sales revenue/labor expense is calculated by ussing following formula:
The productivity in sales revenue/labor expense = Total sales/Total labor expense = $2,105,010/$603,889 = 3.49
That means for every dollar lmaster puts into labor, the company potentially makes $3.49 in sales revenue
No, it will not be affected as contingent liabilities are yet not recognized.
Assets are owned by the company and liabilities are borne by the company. Both are listed on the company's balance sheet, which is a financial statement that shows the financial condition of the company. Assets fewer liabilities equal the owner's equity or net worth.
Debt mainly has three classifications. These are short-term liabilities, long-term liabilities, and contingent liabilities. Short-term and long-term liabilities are the most common in business. As with businesses, the net worth of an individual or household is determined by weighing assets and liabilities for most households, liabilities.
Learn more about liabilities at
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Answer:
Explanation:
a.) To calculate the longitudinal tensile strength of the composite as follows:

Here
is the stress in the matrix at fibre failure
is the volume of matrix material
is the tensile strength of the fibre and
is the volume of fibre phase.
Substituting 0.55 for
, 0.45 for
, 35MPa for
, 3600MPa for
.

b.) To calculate the modulus of elasticity of the composite as follows:

Here,
is the modulus of elasticity of matrix,
is the volume of matrix material,
is the modulus of elasticity of fibre, and
is the volume of fibre material.
Substituting 0.55 for
, 0.45 for
, 2.4MPa for
, 131GPa for
.
