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3 years ago

12

When rebuilding a steering system, a can of bolts and nuts was somehow lost. Technician A says to simply go to the hardware stor

e and buy the same size fasteners. Technician B says to order the fasteners from the manufacturer. Who is correct?

1 answer:

IceJOKER [234]3 years ago

6 0

I would say Technician B because if you replace the fasteners with lower grade ones, they can breaks easily.

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You want to purchase a new car, and you are willing to pay $19,970. If you can invest at 10% per year and you currently have $15

andrezito [222]

Answer:

It will take 3 years to have enough money to purchase the car.

Explanation:

We can use either Compounding or Discounting Formula to determine the time it will take to make $19,970 from $15,000 when the investment rate is 10%. Lets go with the Compounding Formula:

Future Value = Present Value * (1 + i) ^ n

<u>Re-arrange equation for "n" which is the Time Period:</u>

⇒ FV / PV = (1 + i) ^ n

Taking log on both sides;

⇒ log (FV / PV) = log (1 + i) ^ n

OR log (FV / PV) = n log (1 + i)

OR n = log (FV / PV) / log (1 + i)

Simply put values now;

⇒ n = log (19,970 / 15,000) / log (1 + 10%) = log (1.33) / log (1.1) = .12 / .04

OR n = 3

3 0

3 years ago

Oceans inc. , a seafood distributor, agrees to buy from paul, a commercial fisherman, any "overstock" of fish that paul catches

USPshnik [31]

Oceans Inc., a seafood distributor, agrees to buy from Paul, a commercial fisherman, any "overstock" of fish that Paul catches in excess of his legal limit. This agreement is most likely void. Option C. This is further explained below.

<h3>What is overstock?</h3>

Generally, Oceans Inc., a distributor of seafood, has reached an agreement with Paul, a commercial fisherman, to purchase any "overstock" of fish that Paul captures in excess of the legal limit for his vessel.

This results in an increase in financial expenses since the investment is left in the storage facility rather than being used to generate cash flow or profits. Drives up the cost of logistics due to the fact that warehouse upkeep sometimes results in unused space and additional labor charges.

In conclusion, Overstocking, often known as "surplus stock," occurs when retailers buy more of a product than they actually move out of their shops. If a retailer overorders goods, they will end up with an excessive amount of stock. This surplus merchandise will either be left on shop shelves or in the warehouse, which may be detrimental to the company's profitability.

Read more about overstock

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Complete question

Oceans Inc., a seafood distributor, agrees to buy from Paul, a commercial fisherman, any "overstock" of fish that Paul catches in excess of his legal limit. This agreement is most likely

a. enforceable.

b. valid.

c. void.

d. voidable.

3 0

2 years ago

Wat theel is 2 puls 1 \

olga55 [171]

Answer:

3

Explanation:

2+1=3 ofjdjdnsjsjjss

3 0

3 years ago

Personalities fit into at least one of (blank)

Phantasy [73]

I think the answer is five

5 0

2 years ago

Logan and Johnathan exchange land, and the exchange qualifies as like kind under § 1031. Because Logan's land (adjusted basis of

Ivahew [28]

Answer:

A. 23,600

B. 14,160

Explanation:

land adjusted basis = $118,000

land worth = $141,600

fair market value of land = $112,100

<u>Requirement A</u>

Amount realized = Fair value + cash received

Amount realized = 112,100 + 29,500

Amount realized = 141,600

Less: adjusted basis = 118,000

Realized gain = 23,600

Note: Recognized gain is lower of cash received and realized gain

In this case, realized gain is lower so,

Logan's Recognized gain = 23,600

<u>Requirement B</u>

Amount realized = Fair value + cash received

Amount realized = 127,440 + 14,160

Amount realized = 141,600

less adjusted basis = 118,000

Realized gain = 23,600

Note: Recognized gain is lower of cash received and realized gain

In this case, cash received is lower So,

Logan's Recognized gain = 14,160

3 0

3 years ago