Answer:
Owner owes Builder : B. $2,000.
Explanation:
A Liability is the present obligation of the entity, that arises as a result of past events, the settlement of which is expected to result in a cash outflow from the entity.
Initially, the Owners owes the Builder $,1500
For the fence to be completed on time, an addition of $500 was owed, upon the owner accepting this arrangement.
Thus, the total obligation owing to the Builder is $2,000.
Answer:
quasi-strict scrutiny approach
Explanation:
Based on the information provided within the question it can be said that the approach most likely to be adopted for this case is quasi-strict scrutiny approach. This refers to a statutory classification that deals with gender or legitimacy. Which is exactly what this is case is in regards to, as they are filling a suit on the basis that they are being treated differently based on their gender.
Answer:
The answer is $112,038,000
Explanation:
The total equity will be equity brought forward, the net income(retained earnings) and the newly issued shares.
Book value equals asset minus liability which this formula is the same as equity. So in order words book value is also the same as total equity.
Therefore, the book value is:
$105,038,000 + 3,000,000 + $4,000,000
= $112,038,000
Answer:
D. Penetration pricing
Explanation:
The goal of <u>penetration pricing</u> is to maximize sales, gain widespread market acceptance, and capture a large market share quickly by setting a relatively low initial price.
Penetration pricing: It is a pricing technique of fixing the low initial price of a product to establish the product in the market due to the low price. This pricing strategy help in attracting more customer and gain a bigger market share. The price of the product is relatively low in the market compare to competitive products. This strategy could surprise competitors as they could lose profit at the lower price of the product, which can create a competitor´s advantage for the organization. This pricing technique is used in the introductory stage of the life cycle of the product.
D. Both A and B
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