Answer:
Kingbird Company
a. The amount of Net Sales = $5,040.
b. The amount of the estimated liability for refunds = $180
Explanation:
a) Data and Calculations:
Units of products sold to Logan Inc. = 290
Selling price = $18
Sales revenue = $5,220 ($18 * 290)
Cost of each unit = $11
Expected returns = 10/290 = 0.03448
Net sales = $5,220 * (1 - 0.03448)
= $5,040
Estimated liability for refunds = $180 ($5,220 - $5,040)
Answer:
3.17
Explanation:
Expected earnings per share = (15%x2.40)+(60%x3.10)+(25%x3.80)
Answer:
45%
Explanation:
The market for good x is initially in equilibrium at $5. the government then places a per-unit tax on good x, as shown by the shift of s1 to s2.
As a result of the shift in the supply curve a new equilibrium price is established at $6.25
That implies that the share of the burden that consumers will bear is $1.25 (which represents 55% portion of the tax) - the difference between the previous and new equilibrium prices.
The other 45% portion of the tax will be borne by the producers
Answer:
The AJ's dad finds AJ's phone:
D. Behind the dashboard
Explanation:
- This question is from Impact Texas Young Drivers Program's video to raise the awareness in the younger generation about driving carefully.
- In this program, real life examples are shown via video that how distractions can lead to sever accidents and one of the video show that AJ's dad finds AJ's phone behind the dashboard.
Based on the statement above, the courts will determine the
agreement to be likely as unenforceable and it is likely to be not voided. The agreement
is likely to be impossible to be enforced by the higher authorities thought it
is not voided or considered to be valid.
