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Harlamova29_29 [7]
4 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]4 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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Which of the following represents the value of one nation's currency relative to the currencies ofanother country? A. Euro rateB
leonid [27]

Answer:

Option (C) is correct.

Explanation:

Exchange rate refers to the rate at which various countries exchange goods and services in the world market.

For example, the exchange rate between India and United States is as follows:

India's currency is in Rupees and United states' currency is in dollars,

So, the exchange is; $1 = Rs. 69

If the cost of goods for an Indian resident is 20 US dollars then he have to pay:

= 20 × Rs. 69

= Rs. 1,380 in rupees for purchasing the product.

6 0
3 years ago
If an economist is considering swiftly increasing technological changes in an economy, which of the following is MOST likely to
Degger [83]

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.

5 0
3 years ago
Hilton Company manufactures two products: Product A100 and Product X500. The company currently uses a plantwide overhead rate ba
Serggg [28]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 765,000 / (7,000 + 6,200)

Predetermined manufacturing overhead rate= $57.95 per direct labor hour

<u>Now, we can allocate overhead to each product:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Product Y:

Allocated MOH= 57.95*7,000= $405,650

Product Z:

Allocated MOH= 57.95*6,200= $359,390

<u>Finally, the allocation rates based on ABC:</u>

Machining= 231,000 /11,000= $21 per machine hour

Machine setups= 180,000/300= $600 per setup

Production design= 94,000 / 2= $47,000 per product

7 0
3 years ago
A company purchased a plant asset for $53,000. It has a salvage value of $3,000 and annual depreciation expense of $5,000. It ca
marshall27 [118]

Answer:

The remaining useful life of the asset is = 10 - 3 = 7 years

Explanation:

The straight line method of depreciation charges a constant depreciation expense through out the useful life of the asset. The formula for depreciation expense under this method is,

Depreciation expense = (Cost - Salvage value) / Estimated useful life of the asset

Plugging in the values for depreciation expense per year, cost and salvage value, we can calculate the total expected life of the asset.

5000 = (53000 - 3000) / estimated useful life of the asset

estimated useful life of the asset = 50000 / 5000

estimated useful life of the asset = 10 years

As the accumulated depreciation  balance is of 15000, the depreciation for 15000/5000 = 3years has been charged.

The remaining useful life of the asset is = 10 - 3 = 7 years

3 0
3 years ago
What are high-risk loans?
Elan Coil [88]
I think D









Step by step explanation
7 0
3 years ago
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