Answer:
not rescind the contract
Explanation:
According to the given situation, Veronica offers to Rowena to purchase his luxurious sedan by saying that it has been into an accident. After that Rowena hires Laszlo who is a mechanic to repair the sedan. Here Laszlo told Rowena that this sedan is mostly into an accident, after knowing these details Rowena is decided to purchase a car. After some time, Rowena faces a mechanical problem, here she can not break the contract as she already knew that car is have been into an accident mostly.
Therefore, the right answer is she cannot rescind the contract.
Answer:
Margin of safety= $60,000
Explanation:
Giving the following information:
A firm's forecasted sales are $250,000 and its break-even sales are $190,000.
The margin of safety is the excess of sales from the break-even point. To calculate the margin of safety, we need to use the following formula:
Margin of safety= (current sales level - break-even point)
Margin of safety= 250,000 - 190,000= 60,000
e. of course it is a good goal; it meets all of the criteria discussed
This goal meets all the criteria for a SMART goal.
Answer:
The most he would be willing to pay for the new diagnostic computer system would be $5,503.38
Explanation:
Hi, we need to solve this bringing to present value all the future cash flows, discounted at 10%. This is because we need to find the cost that will equal the present value of all the future and positive cash flows, therefore Anthony will obtain a NPV = 0 (net present value, that is NPV), this is as follows.
Everything should look like this
So, the most that Anthony should be willing to pay for this diagnostic computer system is $5,503 (rounded to the nearest dollar)
Best of luck.
Answer:
$ 7.95
Explanation:
Calculation for what the contribution margin per unit sold is closest to:
Sales price$ 20.60
Less: VARIABLE COSTS
Direct material$ 6.35
Direct labor$ 3.75
Variable manufacturing overheads$ 1.50
Sales commission$ 0.50
Variable admin expenses$ 0.55
Total Variable costs$ 12.65
Contribution margin$ 7.95
($20.60-$12.65)
Therefore the the contribution margin per unit sold is closest to:$ 7.95
