What do you mean as 'Not like McDonald's'? Do you mean fast food or what?
Answer:
Toyoda and the subcontractors.
Explanation:
According to UCC Article 2, both the manufacturer and the subcontractor are liable for any damage caused by any defects.
This situation happened (and continues to happen) with the Takata airbag recall, where several car manufacturers and Takata were liable for defective airbags. Takata already filed for bankruptcy, so the car manufacturers deal with the recalls themselves. Both of them are liable for the defective airbags even though Takata manufactured them.
Answer:
$30,800
Explanation:
Data provided in the question:
Carrying value of bond = $308,000
Face value = $320,000
Interest rate = 8% = 0.08
Market rate = 10% = 0.10
Now,
Interest expense to be recognized in 2018
= ( Bond carrying value ) × ( Market rate of interest )
or
Interest expense to be recognized in 2018 = $308,000 × 10%
or
Interest expense to be recognized in 2018 = $30,800
Answer:
Better schools from increase in property tax revenue.
Answer:
20.1%
Explanation:
The computation of the simple rate of return is shown below;
= (operating cost - depreciation) ÷ (purchase of new machine - scrap value)
= ($145,500 - $50,500) ÷ ($505,000 - $35,000)
= ($94,500) ÷ ($470,000)
= 20.1%
hence, the simple rate of return is 20.1%
The same would be considered and relevant
