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LenaWriter [7]
3 years ago
10

Mary, thomas, and franklin form an llc for the purpose of running a restaurant. each invests $10,000 into the llc. two weeks aft

er the llc is formed, joanne patronizes the restaurant and suffers from severe food poisoning. if joanne sues the llc:
Business
1 answer:
mamaluj [8]3 years ago
7 0
Given that <span>Mary, thomas, and franklin form an llc for the purpose of running a restaurant. each invests $10,000 into the llc. two weeks after the llc is formed, joanne patronizes the restaurant and suffers from severe food poisoning.

If joanne sues the llc "</span><span>the members could be liable for $10,000 each, the amount of their investment".
</span>
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Slate is a daily magazine on the Web. Its business activities can be described by a number of variables. What is the level of me
svlad2 [7]

Answer:

A. The number of hits on their website on Saturday between 8:00 am and 9:00 am - Ratio.

B. The Departments, such as food and drink, politics, foreign policy, sports - Nominal.

C. The number of weekly hits on the Sam's Club ad.

This variable is quantitative in nature and thus its level of measurement is Ratio.

D. The number of years each employee has been employed with Slate.

It could be 0, 1, 2, or more years

This variable is thus quantitative in nature and thus its level of measurement is Ratio.

Explanation:

Data can be categorized as belonging to one of the following four levels of measurement;

nominal

ordinal

interval

ratio

The nominal scales are used for categorical variables which have no any quantitative value. For example, a person can be categorized as being male or female; young or old.

On the other had, the Ratio scale is tell us about the order, the magnitude and most importantly this scale has an absolute zero. The ratio scale unlike the nominal one is basically for quantitative data.

With these information we can now deduce the level of measurement for each of the variables.

A. The number of hits on their website on Saturday between 8:00 am and 9:00 am

This variable is quantitative in nature and thus its level of measurement is Ratio.

B. The Departments, such as food and drink, politics, foreign policy, sports;

This variable is categorical in nature and thus its level of measurement is Nominal.

C. The number of weekly hits on the Sam's Club ad.

This variable is quantitative in nature and thus its level of measurement is Ratio.

D. The number of years each employee has been employed with Slate.

It could be 0, 1, 2, or more years

This variable is thus quantitative in nature and thus its level of measurement is Ratio.

5 0
3 years ago
Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $3,100 of dir
sineoko [7]
The answer is b.$35,950
4 0
4 years ago
The decision to keep or drop products or services involves strategic consideration of all the following except: The desired inve
agasfer [191]

Answer:

The desired inventory levels of the product.

Explanation:

The desired inventory levels doesn't have anything to do with the fact that a product should be discontinued or not since it doesn't have any impact on the demand or price for remaining products.

The inventory level of a product can be changed or adjusted several times during a year depending on the expected sales. Sometimes very successful products have very seasonal sales, e.g. toys that are sold more on Christmas than any other time of the year.

6 0
4 years ago
Rent control is usually justified on the grounds that it protects moderate- to low-income families from the burden of rapidly ri
horsena [70]

Answer:

c. equality.

Explanation:

Rent control is a government directive that limits the amount a landlord can charge as rent or for rent renewal. When the landlord is renewing rent there is a maximum percentage for rent increase.

Rent control is intended to create a level of equality for low-income earners and elderly people on fixed income.

This has been a successful initiative and has helped in balancing the standard of living of the target population.

5 0
4 years ago
The cash flows from operating activities are reported by the direct method on the statement of cash flows. Determine the followi
shtirl [24]

Answer:

a. $404,000

b. $60,000

Explanation:

a. The computation of cash received is shown below:

= Sales for the current year + increased in accounts receivable during the year

= $375,000 + $29,000

= $404,000

The increase in accounts receivable show the predicted cash which will be received in near by future. So, it is added in the computation part.

Hence, the amount of cash received from customers is $404,000

b. Computation of cash payment for income tax is shown below:

= Income tax  for the current year + decrease in income tax payable during the year

= $39,000 + $21,000

= $60,000

Both transactions should be added to know the accurate figure of income tax payment made in cash.

Hence, the cash payments for income tax is $60,000

5 0
3 years ago
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