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Harlamova29_29 [7]
3 years ago
5

Bradley is sitting on his porch enjoying his very large front yard and drinking a lemonade when chris, a kid from down the stree

t, shows up and starts mowing bradley's yard. bradley waves and smiles. chris is mowing the lawn for money, but bradley doesn't know it (and shouldn't know it because their two families often do nice things for each other without pay). chris may be able to recover money from the courts on the basis of:
Business
1 answer:
Anestetic [448]3 years ago
3 0
<span>Chris may be able to recover money from the courts on the basis of quasi contract. A quasi contract is an obligation of one party to another imposed by law independently of an agreement between the parties.</span>
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Jeep launched the new Jeep Liberty several years ago. The Liberty is intended to compete with other moderately-sized SUVs. The m
eduard

Answer:

1.57

cash cow

Explanation:

When using the BCG matrix, the relative market share helps to compare how your product is doing vs the industry's leader. In this case, to measure he relative market share of the Jeep Liberty we divide it by the industry's leader, or in this case, the runner up = 44% / 28% = 1.57

Since the Jeep Liberty's relative market share is 1.57 times larger than the second most popular mid-size SUV, then we could classify it as a cash cow. A cash cow is a product offered in a mature slow growth market that has a high market share and generates large revenues and profits to a company.

7 0
3 years ago
If Revere Company expects to sell 1,250 units of its product at $12 per unit, and break-even sales for the product are $13,200,
djverab [1.8K]

Answer:

Margin of safety ratio= 0.12

Explanation:

Giving the following information:

Sales= 1,250 units

Break-even point in sales= $13,200

Selling price= $12

<u>First, we need to determine the current sales in dollars:</u>

Sales in dollars= 1,250*12= $15,000

<u>Now, the margin of safety ratio:</u>

Margin of safety ratio= (current sales level - break-even point)/current sales level

Margin of safety ratio= (15,000 - 13,200) / 15,000

Margin of safety ratio= 0.12

6 0
3 years ago
On September 1, 2003, Time Magazine sold 600 one-year subscriptions for $81 each. The total amount received was credited to Unea
Alina [70]

Answer:

Total subscriptions revenue for the period= 4 months (September 1 - December 31)  

= (600 * $81) * 4/12

= $48,600 * 4/12

= $16,200

Hence adjusting entry would be:

Deferred subscriptions revenue a/c Dr $16,200

To Subscriptions revenue Cr $16,200

7 0
3 years ago
The great disparity in economic prosperity between north and south korea can best be explained by the​ _____________.
Diano4ka-milaya [45]
Political and economic system differences
5 0
3 years ago
How you can get a job if you have no experience? Help me please​
tresset_1 [31]

Answer:

Subway hires inexperienced people just apply online and you should be called within a few days to start training immediately

8 0
3 years ago
Read 2 more answers
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