Answer:
Answer is option b i.e. Discharged.
Explanation:
Discharge of a contract takes place either on completion of a contract or when a contract is terminated due to various reasons like; discharge by mutual agreement, discharge by the impossibility of performance, discharge of contract due to lapse of time, discharge by operation of law, and discharge by breach of contract. Here, in the given case, the contract between Clyde and Deephole Excavation Inc. is discharged by the operation of law as the court has ordered to halt the digging further.
Answer:
O new goods blas
Explanation:
new products are not included in the index at first, leading the Price to decrease often associated with new technological changes in production does not reflect in the index.
Answer:
expected profit = $6600
Explanation:
given data
cost of the regatta = $9,000
profit = $15,000
probability of rain = 0.35
to find out
the producer's expected profit
solution
we know that expected profit is express as
expected profit = profit if no rain - loss if rain ..................1
put here value as here
expected profit = profit if no rain - loss if rain
expected profit = (100 - 35 % ) × $15000 - 35% × ($9000)
expected profit = $6600
Answer:
$60
Explanation:
For computing the target cost, first we have to determine the profit per unit which is shown below:
= Selling price × return on sales percentage
= $80 × 25%
= $20
Now the target cost would be
= Selling price per unit - profit per unit
= $80 - $20
= $60
All other information which is given is not relevant. Hence, ignored it
The present value of a dollar would be calculated as -
1 dollar X Present value factor of $ 1 @ 5 % for three years.
Present value factor of $ 1 @ 5 % for three years = 0.8638
Present value of $ 1 after 3 years = $ 1 X 0.8638 = $ 0.8638
