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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.
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Bea Moran wants to establish a long derivatives position in a commodity she will need to acquire in six months. Moran observes t
Marianna [84]

Bea Moran wants to establish a long derivatives position in a commodity she will need to acquire in six months. Moran observes that the six-month forward price is 45.20 and the six-month futures price is 45.10. This difference most likely suggests that for this commodity: futures prices are negatively correlated with interest rates.

This is further explained below.

<h3>What are interest rates?</h3>

Generally, the fraction of a loan that is charged as interest to the borrower is often stated as a yearly percentage of the loan outstanding.

"lower interest rates encourage people to spend money on house upgrades"

In conclusion, Bea Moran would want to construct a long derivatives position in a commodity that she will need to buy in a little over half a year's time. Moran notes that the price of the six-month forward contract is now at 45.20, while the price of the six-month futures contract is currently at 45.10. Because of this disparity, it is quite probable that the prices of futures contracts for this commodity have an inverse relationship with interest rates.

Read more about interest rates

brainly.com/question/13324776

#SPJ1

4 0
2 years ago
The Cozy Company manufactures slippers and sells them at $ 10 a pair. Variable manufacturing cost is $ 5.75 a​ pair, and allocat
yulyashka [42]

Answer:

(b) $ 43 comma 750 ​increase

Explanation:

Consider the Incremental Costs and Revenues arising from accepting the Special Order.

Note: Cozy Company has  enough idle capacity available to accept a​ one-time-only special order, therefore the fixed costs are irrelevant for this decision, since order is accepted within the normal operating capacity.

Sales (25,000×$ 7.50)                                  $187,500

Variable manufacturing (25,000× $ 5.75)  ($143,750)

Net Income/(loss)                                           $43,750

<u>Conclusion</u>

Therefore, Operating Income would increase by $43,750 as a result of Accepting the Special Order.

,

7 0
3 years ago
What two features of a bond are the principal determinants of its interest rate? A. Investment percentages and maturity delegati
Anit [1.1K]
A. Investment percentages and maturity delegations
8 0
3 years ago
Newhard Company assigns overhead cost to jobs on the basis of 115% of direct labor cost. The job cost sheet for Job 313 includes
Nina [5.8K]

Answer:a.Total manufacturing costs for Job 313 =$52,500

Unit Product Cost for Job 313=$30

Explanation:

Total manufacturing costs=Direct materials+Direct labor costs+Overhead costs

But Overhead cost =115% of direct labor cost

= 115% x $10,600

=$12,190

Total manufacturing costs =$29,710 + $10,600+$12,190

=$52,500

Unit Product Cost=Total Manufacturing costs/ Total Number of Units Produced =$52,500 /1,750 units

=$30

8 0
3 years ago
Mike worked for Frank's Pizza as a driver and was an agent. His duties consisted of making deliveries along a designated route.
Harrizon [31]

Answer:

B. is not liable because Mike was on a frolic of his own.

Explanation:

Mike who is a dispatch rider, decided to see his girlfriend, Jackie, who lived 50 miles off his pizza route. He had an accident while driving to his girlfriend's, and injured a pedestrian, Chuck due to his negligent driving.

Under the circumstances, Frank's Pizza isn't liable because Mike was on a frolic of his own. Mike embarking on a 50 mile drive to see his girlfriend is frolicsome and outside the scope of his employment as a delivery agent.

Hence, this will absolve his employer from any liability as he wasn't working on the designated route at the time.

8 0
3 years ago
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