The law suit that The customers are going to give here is based on the product liability.
<h3>What is a product liability?</h3>
This is a suit that is made against a company due to the fact that they allowed a defective good to be bought by a consumer.
The company is being sued due to the fact that the customers are injured fron the defective bicycle.
Read more on product liability here: brainly.com/question/25754997
Answer:
A. desired international lending by one country equals desired international borrowing by the other country.
Explanation:
Rate of return can be defined as the percentage of interest or dividends earned on money that is invested.
In Financial accounting, a return refers to the amount of profit generated by an investor on an investment over a specific period of time.
Basically, the rate of return which is typically expressed as a percentage of the initial costs of an investment can either be a gain or a loss on an investment. Therefore, a positive rate of return on an investment over a specific period of time, simply means that an investor is making a profit (gains) while a negative rate of return on an investment over a specific period of time, indicates that the investor is running at a loss.
In a model with two large open economies, the world real interest rate is such that desired international lending by one country equals desired international borrowing by the other country.
Thus, the willingness of one country to lend is met by an equal willingness of another country to borrow.
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Answer:
The correct answer is letter "A": Recognizes more depreciation expense in the early years of an asset's useful life and less in the later years.
Explanation:
The accelerated depreciation method is an approach of calculating the use of an asset over time that allocates a higher value of the asset's aging during its first years since during that time the asset is more operative and allocates a smaller amount of the asset's use during later years when the asset is near its disposal. This method is used for accounting purposes. There are two main accelerated depreciation approaches: <em>the Double Declining Balance (DDB) </em>and <em>the Sum-of-the-Year-Digits (SYD).</em>
Answer:
The external financing requirement is $ 1.2 million.
Explanation:
The accounting equation is asset = liability +equity. In simple words any increase in one side of balance sheet (i.e asset) will result in increase in other side of balance sheet (i.e equity + liability) and vice versa.
So if assets are projected to increase by $ 2.7 million than equity and liability is also required to increase by same. As equity is increased by $ 1.5 million, the liability/external financing is calculated as follow
Asset = Liability + Equity
Liability = $ 2,700,000- $ 1,500,000
Liability = $ 1.2 million