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d1i1m1o1n [39]
3 years ago
7

1. Explain who the Lemon Law protects.

Business
1 answer:
PilotLPTM [1.2K]3 years ago
8 0
It's to insure that manufacturers honor their warranties and to reduce the chance that a consumer will be misled about the nature of the purchase.
You might be interested in
NDS Industries is evaluating a project with an initial investment at Time 0 of $640,000. The present value of the levered cash f
RoseWind [281]

Answer: $67600

Explanation:

Using the flow-to-equity method of valuation, the amount borrowed will be calculated thus:

NPV = $157000

Add : Initial investment = $640000

Present value of cash inflow = $797000

Less : Present value of Levered cash flow = $729400

Amount borrowed = $67600

Therefore, the amount borrowed is $67600.

3 0
3 years ago
Two years ago, Margo deposited $500 into a savings account. One year ago, she deposited an additional $300, and today she deposi
gregori [183]

Answer: none is correct.

Explanation:

Given data:

2 years ago = $500

1 year ago = $300

Today = $800

Solution:

PV ( presents value )

= p * r * t

Where:

p = principal ( $500, $300, $800 )

r = rate = 4%

t = duration (time) ( 2years, 1 year and present ).

= ( $500* 2 * 0.04 ) + ( $300 * 1 * 0.04 ) + $800

= $40 + $12 + $800

= $852

PV = $500 + $300 + $852

= $1,652.

3 0
3 years ago
What entry would blue make to record the sale of the machine for $30,250 cash?
nirvana33 [79]
An increase in cash would definitely placed in debit because it considered an asset and we need to place the increase of sales on the credit side.
So, in this case, the entry would be

Cash       $ 30,250
       Sales                $ 30.250
6 0
3 years ago
Jamie is analyzing the estimated net present value of a project under various conditions by revising the sales quantity, sales p
Juliette [100K]

Answer:

The answer is option E) The type of analysis that Jamie is doing is best described as scenario analysis.

Explanation:

scenario analysis assesses the effect of changing all the input variables at the same time.

Scenarios being considered can relate to a single variable, such as the relative success or failure of a new product launch, or a combination of factors, such as the results of the product launch combined with possible changes in the activities of competitor businesses. The goal is to analyze the results of the more extreme outcomes to determine investment strategy.

In this case, scenario analysis is used in analyzing the estimated net present value of a project under various conditions by revising the sales quantity, sales price, and the cost estimates.

4 0
3 years ago
In a retail cash sales environment, which of the following controls is often absent?
JulijaS [17]

Answer:

The correct answer to the following question is option b) Separation of functions.

Explanation:

In a retail environment , the cash management process starts when a customer pays the cashier for the product or services he or she has purchased. The cashier then counts the cash in till drawer and then at end of the day cashier takes that cash to the third party who can be either manager or owner or a supervisor. Then cashier would receive a receipt against the cash for till drawer.

Now supervisor would collect cash from all the cashier and prepare the cash to be deposited in bank. So from this process it is quite clear that here there is separation of functions here and while all other options given in the question are present in the process.

6 0
3 years ago
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