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Mademuasel [1]
3 years ago
11

A legal obligation that involves repaying a debt is called a _____.

Business
1 answer:
Semenov [28]3 years ago
7 0
In business this would be referred to generally as a liability (money that is owed). 
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Sam wants to be a teacher. He has been imitating the behavior, mannerism, and dressing style of teachers at his school. What gro
likoan [24]

Answer:

  • <u>  models  </u>

<u />

Explanation:

The teachers that Sam imitates constitute <u>  models  </u> for him.

One of the first learning modes that every human use is the imitation. A baby can learn by direct experience (if he touches a metallic surface in winter the baby learns it is cold) or by imitation: when the baby sees the mom talking the baby learns to move the lips. The mother is baby's first model and the baby learns by imitating her.

When we grow up, we have many models: relatives, friends, peers, teachers, and virutally any person with whom we are in contact.

Imitating continues during all the life and teachers are very important models.

Specially, when the teacher is a good example and arouses admiration, the students will trend to imitate them. Particularly, in the case of Sam who wants to be a teacher: probably Sam has had some excellent teachers whom he admires and made him to want to follow their steps, which is why he imitates them. They are a good model to follow.

5 0
3 years ago
Felinas Inc. produces floor mats for cars and trucks. The owner, Kenneth Felinas, asked you to assist him in estimating his main
Paul [167]

Answer:

D. $162

Explanation:

We know,

Using high-low method, variable cost per unit = (Highest maintenance expense - Lowest maintenance expense) / (Highest machine hours - Lowest machine hours)

Given,

Highest maintenance expense = $4,360

Lowest maintenance expense = $2,950

Highest machine hours = 2,500 hours

Lowest machine hours = 1,660 hours

Therefore,

Variable cost per unit = $(4360 - 2950)/(2500 - 1660)

Variable cost per unit = 1410/840 = 1.68

Total Fixed cost using lowest machine hours =

Total cost - (variable cost per unit x least machine hours)

= 2,950 - (1.68*1,660)

= $162

6 0
3 years ago
The expected return on Natter Corporation's stock is 14%. The stock's dividend is expected to grow at a constant rate of 8%, and
AlladinOne [14]

Answer: The stock price is expected to be $57 a share one year from now.

Explanation:

The stock price is expected to be $57 a share one year from now.

Expected return = 14%

current share price= $50

expected share price in a year from now = $50 x (1 + 0.14)

expected share price in a year from now = 57

5 0
3 years ago
In an industry with inverse demand curve pequals420minus2​Q, there are five ​firms, each of which has a constant marginal cost g
Damm [24]

Answer: 20 units.

Explanation:

Given that,

Inverse demand curve: P = 420 - 2Q

There are five firms and each of the firm has a constant marginal cost.

Marginal cost (MC) = 20

Profit maximizing output is produced by the firms is at a point where the marginal cost is equal to marginal revenue.

P = 420 - 2Q

Total revenue(TR) = PQ

                              = 420Q - 2Q^{2}

Differentiating TR with respect to 'Q'

Marginal revenue(MR) = 420 - 4Q

MR = MC

420 - 4Q = 20

Q = \frac{400}{4}

Q = 100

Therefore, output produced by the industry is 100 units.

Per-firm production = \frac{Total\ Production}{Number\ of\ firms}

                                 =  \frac{100}{5}

                                 = 20 units

Hence, each firm produces 20 units.

3 0
3 years ago
On september 1, you compare the petty cash book balance of $29.30 with the actual currency in the petty cash box. the box contai
katen-ka-za [31]

The amount of cash overage in the petty cash book as against the opening balance will be $0.85.

<h3>What is petty cash book?</h3>

A book, which has the chronological and systematic records of all the small and petty expenses and receipts of an organization, is known as a petty cash book.

The balance in petty cash book can be ascertained by the following method,

\rm Petty\ Cash\ Balance= Beginning\ Balance - Expenses\ and\ Petty\ Bills\\\\\rm Petty\ Cash\ Balance= 29.30 - (10+6+6+0+3.80+0.80+0.25)\\\\\rm Petty\ Cash\ Balance= $0.85

Hence, the petty cash book has an overage of $0.85 for the month of September.

Learn more about petty cash book here:

brainly.com/question/10582288

#SPJ1

4 0
3 years ago
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