Answer:
B. Commercial impracticability
Explanation:
Commercial impracticabilty occurs when the actions under a contract is impractical and cannot be accomplished or achieved. It is triggered when actions or performance of a contract by a party has become impracticable and hence unfeasible or maybe just too difficult or costly to accomplish. The best defense for the florist in this case is commercial impracticabilty as the disease sweeping through the type of rose Belinda ordered has made it difficult and costly to accomplish or achieve.
Answer:
a) 469.40%
b) 18.15%
Explanation:
a)
Total nominal growth rate =
thus,
Total nominal growth rate =
= 469.40%
b) Total real growth rate =
now,
Real earned income in 1976 =
=
= $20,267.54
and,
Real earned income in 2016 =
=
= $23,947.21
Therefore,
Total real growth rate =
= 18.15%
Answer: Activity based cost accounting
Explanation:
The activity based cost accounting is the one of the type of accounting method in an organization that assigned various types of objects for allocating indirectly the overall cost of the products in the department as compared to the conventional costing.
According to the given question, the activity based cost accounting is firstly assigning the cost to each activity and then assigning the products based in the consumption for different types of activities in production processing.
Therefore, Activity based cost accounting is the correct answer.
The risk refers to the danger of changes in buying power during times of rising or falling prices is known as inflation.
<h3>
What is a risk?</h3>
Risk refers to the uncertainty or probability of an accidental event that will affect the decision-making of an individual or organization. In business the higher the risk, the higher the profit is achieved.
Inflation is defined as the ratio at which prices rise over time. Inflation is usually defined as a wide measure of price increases or increases in the cost of living in a place affecting its citizens.
Inflation diminishes the purchasing power of individuals which leads to high risk for investors who paid a fixed rate of interest on the investment. Most concerned about inflation-reducing returns are those individuals who invested in cash equivalents.
Learn more about risk, here:
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Answer:
1) You should go home and watch TV.
Explanation:
Since you value seeing the play $10, then you should leave the theater and go to your house to watch TV since that has a higher value for you ($12).
We are talking about opportunity costs here. Opportunity costs are the extra costs or benefits lost from choosing one activity or investment over another. In this case the opportunity costs are:
- watch the play = $10
- watch TV = $12
- read a book = $8
Since watching TV is more valuable to you, then that is what you should be doing.