Answer:
The answer is<u> "$500".</u>
Explanation:
The amount of monetary damages Mary can likely recover from the manufacturer of the toaster is $500, because the disclaimer label on the toaster clearly states that, the manufacturer company is not liable for consequential damages. The damage of the electrical wiring in the kitchen refers to consequential damage because it is not the direct result of the damage of toaster but it is due to the spark in the toaster.
Answer:
The answer is option C) Yes No
Explanation:
Current liabilities are obligations that are reasonably expected to be paid from Existing Creation of Other Current Assets and not current liabilities.
This is because, Current liabilities are short term liabilities due within a year. They include accounts payable, short term debt and overdraft. This means that payment can only be generated by current assets.
Current assets are also short term assets with a life span of on year. They include accounts receivable an cash.
Therefore, Yes, Current liabilities are obligations that are reasonably expected to be paid from Existing Creation of Other Current Assets.
And No, Current liabilities are obligations that are not expected to be paid from Existing Creation of Other Current Liabilities.
<span>One of your goals you have set for your company is to expand our product line the statement is not clear and it's not measurable. The product line is the concentration of the same products which are categorized from the same brand. </span>
Had to look for the missing options and here is my answer.
The term that best fits the blank is DEBT. When we say Debt Financing, this is when a company raises money for their capital through the selling of different bills or bonds to investors. In the scenario above, you will notice that they are having an existing loan. Hope this helps.
