Answer:
b I think it was the best answer
Answer:
$0.72
Explanation:
total direct materials = $125,000
total variable selling costs = $15,000
total variable costs = $140,000
variable cost per unit = $140,000 / 1,000 units = $140 per unit
contribution margin ratio = (sales price - variable cost) / sales price = ($500 - $140) / $500 = 72%
this means that per dollar of sales, $0.72 are left to cover fixed costs and contribute to operating income
A) 2,679.45
B) 50,909.55
C) 1,071,780
Explanation:
The bank will keep 5% of the deposit:
53,589 x 5% = 2,679.45
Then, it will have in excess the remainder:
53,589 - 2,679.45 = 50,909.55
This amount can be used for another.
This makes a hypothetical loop. The borrower can also deposit and creating the chance or another loan and so on. The cycle repeats indefinitely
The maximum amount of new money can be determinate as follow:
53,589 / 0.05 = 1,071,780
Answer:
D) discharge by impossibility.
Explanation:
Discharge by impossibility of performance is a situation which arises in a contract when a person is not able to perform duties due to illness, death or some other reasons which are created by the counter party.
In the given scenario Lionel Richmond is discharge by impossibility of performance because due to his accident he had an injury in the right leg which leads to amputation of his leg. He is now unable to perform his duties mentioned in the contract with the Christshire United soccer team.
